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Derivatives and hedging activities (Tables)
6 Months Ended
Aug. 01, 2014
Derivatives and hedging activities  
Schedule of fair value of derivative financial instruments as well as their classification in the condensed consolidated balance sheets

 

 

(in thousands)

 

August 1,
2014

 

January 31,
2014

 

Derivatives Designated as Hedging Instruments

 

 

 

 

 

Interest rate swaps classified as noncurrent Other liabilities

 

$

-

 

$

4,109

 

Interest rate swaps classified as Accrued expenses and other current liabilities

 

$

2,947

 

$

-

 

Schedule of the pre-tax effect of derivative financial instruments as reflected in the condensed consolidated statements of comprehensive income

 

 

 

 

13 Weeks Ended

 

26 Weeks Ended

(in thousands)

 

August 1,
2014

 

August 2,
2013

 

August 1,
2014

 

August 2,

2013

 

Derivatives in Cash Flow Hedging Relationships

 

 

 

 

 

 

 

 

 

(Gain) loss related to effective portion of derivatives recognized in OCI

 

$

139

 

$

(809

)

  $

755

 

$

14,518

 

Loss related to effective portion of derivatives reclassified from Accumulated OCI to Interest expense

 

$

1,294

 

$

1,193

 

  $

2,576

 

$

2,124