Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

May 04, 2012

Derivative Instruments and Hedging Activities

Fair value of the company's derivatives and consolidated balance sheet location

Asset Derivatives

Liability Derivatives

May 4, 2012

April 29, 2011

May 4, 2012

April 29, 2011

Balance

Balance

Balance

Balance

Sheet

Fair

Sheet

Fair

Sheet

Fair

Sheet

Fair

(Dollars in thousands)

Location

Value

Location

Value

Location

Value

Location

Value

Derivatives Designated as Hedging Instruments

Foreign exchange contracts

Prepaid expenses

$

759

Prepaid expenses

$

—

Accrued liabilities

$

—

Accrued liabilities

$

3,151

Derivatives Not Designated as Hedging Instruments

Foreign exchange contracts

Prepaid expenses

1,318

Prepaid expenses

—

Accrued liabilities

339

Accrued liabilities

4,803

Total Derivatives

$

2,077

$

—

$

339

$

7,954

Impact of derivative instruments on the consolidated statements of earnings for the company's derivatives designed as cash flow hedging instruments

															Gain (Loss)
															Recognized in Income
	Gain (Loss)							Gain (Loss)						Location of Gain (Loss)	on Derivatives
	Recognized in OCI on						Location of Gain	Reclassified from						Recognized in Income	(Ineffective Portion and
	Derivatives						(Loss) Reclassified	AOCL into Income						on Derivatives	Excluded from
	(Effective Portion)						from AOCL	(Effective Portion)						(Ineffective Portion	Effectiveness Testing)
(Dollars in thousands)	May 4,			April 29,			into Income	May 4,			April 29,			and excluded from	May 4,		April 29,
For the three months ended	2012			2011			(Effective Portion)	2012			2011			Effectiveness Testing)	2012		2011
Foreign exchange contracts	$	(870	)	$	(2,859	)	Net sales	$	1,265		$	(1,847	)	Other income, net	$	281	$	(46	)
Foreign exchange contracts	120			261			Cost of sales	(214		)	231
Total	$	(750	)	$	(2,598	)		$	1,051		$	(1,616	)
	May 4,			April 29,				May 4,			April 29,				May 4,		April 29,
For the six months ended	2012			2011				2012			2011				2012		2011
Foreign exchange contracts	$	241		$	(7,119	)	Net sales	$	1,705		$	(2,590	)	Other income, net	$	203	$	(358	)
Foreign exchange contracts	692			1,228			Cost of sales	(646		)	374
Total	$	933		$	(5,891	)		$	1,059		$	(2,216	)

Impact of derivatives not designated as hedges on the consolidated statements of earnings

		Gain (Loss) Recognized in Net Earnings
		Three Months Ended					Six Months Ended
	Location of Gain (Loss)	May 4,		April 29,			May 4,		April 29,
(Dollars in thousands)	Recognized in Net Earnings	2012		2011			2012		2011
Foreign exchange contracts	Other income, net	$	158	$	(8,016	)	$	4,506	$	(9,509	)