| Schedule of derivative instruments recorded in the condensed consolidated balance sheets |
The following table provides details on our derivative instruments recorded in the condensed consolidated balance sheets as of August 3, 2019, August 4, 2018 and February 2, 2019 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
August 3, 2019 |
|
August 4, 2018 |
|
February 2, 2019 |
|
|
|
Balance |
|
Estimated |
|
Balance |
|
Estimated |
|
Balance |
|
Estimated |
|
|
|
Sheet Location |
|
Fair Value |
|
Sheet Location |
|
Fair Value |
|
Sheet Location |
|
Fair Value |
|
Interest rate contracts |
|
Other current assets |
|
$ |
— |
|
Other current assets |
|
$ |
1,478 |
|
Other current assets |
|
$ |
1,610 |
|
Interest rate contracts |
|
Other assets |
|
|
— |
|
Other assets |
|
|
5,430 |
|
Other assets |
|
|
1,355 |
|
Foreign exchange contracts |
|
Other current assets |
|
|
2,787 |
|
Other current assets |
|
|
1,332 |
|
Other current assets |
|
|
109 |
|
Total assets |
|
|
|
|
$ |
2,787 |
|
|
|
|
$ |
8,240 |
|
|
|
|
$ |
3,074 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest rate contracts |
|
Accrued expenses and other current liabilities |
|
$ |
5,304 |
|
Accrued expenses and other current liabilities |
|
$ |
1,735 |
|
Accrued expenses and other current liabilities |
|
$ |
1,625 |
|
Interest rate contracts |
|
Deferred taxes, net and other liabilities |
|
|
24,949 |
|
Deferred taxes, net and other liabilities |
|
|
— |
|
Deferred taxes, net and other liabilities |
|
|
7,605 |
|
Foreign exchange contracts |
|
Accrued expenses and other current liabilities |
|
|
464 |
|
Accrued expenses and other current liabilities |
|
|
197 |
|
Accrued expenses and other current liabilities |
|
|
77 |
|
Total liabilities |
|
|
|
|
$ |
30,717 |
|
|
|
|
$ |
1,932 |
|
|
|
|
$ |
9,307 |
|
|
| Schedule of derivative instruments recorded in the condensed consolidated statements of earnings and comprehensive income (loss) |
The following table provides details on our derivative instruments recorded in the condensed consolidated statements of earnings and comprehensive (loss) income for the three and six months ended August 3, 2019 and August 4, 2018 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amount of Gain/(Loss) Recognized in Other Comprehensive Loss, net of tax |
|
Location of Gain/(Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings |
Amount of Gain/(Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings |
|
|
For the Three Months Ended |
|
|
For the Three Months Ended |
|
|
August 3, 2019 |
|
August 4, 2018 |
|
|
August 3, 2019 |
|
August 4, 2018 |
Derivatives in Cash Flow Hedging Relationships: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest rate contracts |
|
$ |
(12,943) |
|
$ |
(255) |
|
Interest expense |
$ |
99 |
|
$ |
153 |
Foreign exchange contracts |
|
|
955 |
|
|
798 |
|
Cost of sales |
|
(176) |
|
|
473 |
Total |
|
$ |
(11,988) |
|
$ |
543 |
|
|
$ |
(77) |
|
$ |
626 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amount of Gain/(Loss) Recognized in Other Comprehensive Loss, net of tax |
|
Location of Gain/(Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings |
Amount of Gain/(Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings |
|
|
For the Six Months Ended |
|
|
For the Six Months Ended |
|
|
August 3, 2019 |
|
August 4, 2018 |
|
|
August 3, 2019 |
|
August 4, 2018 |
Derivatives in Cash Flow Hedging Relationships: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest rate contracts |
|
$ |
(18,138) |
|
$ |
785 |
|
Interest expense |
$ |
113 |
|
$ |
307 |
Foreign exchange contracts |
|
|
1,052 |
|
|
1,845 |
|
Cost of sales |
|
(706) |
|
|
1,032 |
Total |
|
$ |
(17,086) |
|
$ |
2,630 |
|
|
$ |
(593) |
|
$ |
1,339 |
|