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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Jan. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of fair values of derivative financial instruments
The fair values of our derivative financial instruments and their classifications in our consolidated balance sheets as of January 31, 2017 and 2016 were as follows:
 
 
 
 
January 31,
(in thousands) 
Balance Sheet Classification
 
2017
 
2016
Derivative assets:
 
 
 
 
 
Foreign currency forward contracts:
 
 
 
 
 
Designated as cash flow hedges
Prepaid expenses and other current assets
 
$
927

 
$

Not designated as hedging instruments
Prepaid expenses and other current assets
 
719

 
113

Interest rate swap agreement, designated as a cash flow hedge
Other assets
 
1,429

 

Total derivative assets
 
 
$
3,075

 
$
113

 
 
 
 
 
 
Derivative liabilities:
 
 
 
 
 
Foreign currency forward contracts:
 
 
 
 
 
Designated as cash flow hedges
Accrued expenses and other current liabilities
 
$
288

 
$
2,108

Not designated as hedging instruments
Accrued expenses and other current liabilities
 
958

 
239

 
Other liabilities
 

 
30

Interest rate swap agreement, designated as a cash flow hedge
Accrued expenses and other current liabilities
 
408

 

Total derivative liabilities
 
 
$
1,654

 
$
2,377


Schedule of the effects of derivative financial instruments designated as cash flow hedging instruments
The effects of derivative financial instruments designated as cash flow hedges on accumulated other comprehensive loss ("AOCL") and on the consolidated statement of operations for the years ended January 31, 2017, 2016, and 2015 were as follows:

 
 
Year Ended January 31,
(in thousands) 
 
2017
 
2016
 
2015
Net gains (losses) recognized in Other comprehensive (loss) income:
 
 
 
 
 
 
Foreign currency forward contracts
 
$
575

 
$
(1,871
)
 
$
(7,992
)
Interest rate swap agreement
 
632

 

 

 
 
$
1,207

 
$
(1,871
)
 
$
(7,992
)
Net gains (losses) reclassified from Other comprehensive (loss) income to the consolidated statements of operations:
 
 
 
 
 
 
Foreign currency forward contracts
 
$
1,257

 
$
(8,151
)
 
$
(1,857
)

For information regarding the line item locations of the net gains (losses) on foreign currency forward contracts reclassified out of Other comprehensive (loss) income into the consolidated statements of operations, see Note 8, "Stockholders' Equity".

Schedule of (losses) gains recognized on derivative financial instruments not designated as hedging instruments
(losses) gains recognized on derivative financial instruments not designated as hedging instruments in our consolidated statements of operations for the years ended January 31, 2017, 2016, and 2015 were as follows: 
 
 
Classification in Consolidated Statements of Operations
 
Year Ended January 31,
(in thousands)
 
 
2017
 
2016
 
2015
Foreign currency forward contracts
 
Other income (expense), net
 
$
(323
)
 
$
394

 
$
3,986