Quarterly report pursuant to Section 13 or 15(d)

Derivative Financial Instruments (Tables)

v3.20.2
Derivative Financial Instruments (Tables)
3 Months Ended
May 02, 2020
Derivative Financial Instruments  
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 May 2, 2020, May 4, 2019 and February 1, 2020 (in thousands):

May 2, 2020

May 4, 2019

February 1, 2020

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

$

1,154

Other current assets

$

Interest rate contracts

Other assets

Other assets

489

Other assets

Foreign exchange contracts

Other current assets

115

Other current assets

50

Other current assets

7

Total assets

$

115

$

1,693

$

7

Interest rate contracts

Accrued expenses and other current liabilities

$

42,910

Accrued expenses and other current liabilities

$

2,084

Accrued expenses and other current liabilities

$

7,701

Interest rate contracts

Deferred taxes, net and other liabilities

Deferred taxes, net and other liabilities

12,719

Deferred taxes, net and other liabilities

26,885

Total liabilities

$

42,910

$

14,803

$

34,586

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 (loss) earnings and comprehensive loss for the three months ended in May 2, 2020 and May 4, 2019 (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

    

May 2, 2020

    

May 4, 2019

May 2, 2020

    

May 4, 2019

Derivatives in Cash Flow Hedging Relationships:

    

    

    

    

Interest rate contracts

$

(10,434)

$

(5,195)

Interest expense

$

2,109

$

14