Derivative Instruments (Tables)

6 Months Ended

Jul. 31, 2019

Schedule of Cash Flow Hedges in AOCI [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

The aggregate notional values of the Company's outstanding net investment hedge contracts by year of maturity as of July 31, 2019 are as follows:

Fiscal Year:	Notional Value
(in millions)
2020	$	10.8
2021	21.6
2022	21.6
2023	267.0
2024	12.4
Thereafter	293.4
Total	$	626.8

Schedule of Net Investment Hedges in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following tables present the effects of the Company's net investment hedges on accumulated other comprehensive income ("AOCI") and earnings for the three and six months ended July 31, 2019:

	Three months ended July 31, 2019
Derivatives designated as net investment hedges:	Amount of gain (loss) recognized in other comprehensive income (loss)			Amount of gain (loss) reclassified from AOCI into income		Amount of gain (loss) recognized in income (amount excluded from effectiveness testing)		Location of gain (loss) recognized in income (amount excluded from effectiveness testing)
(in thousands)
Foreign currency forward contracts	$	(5,938	)	$	—	$	3,089	Interest expense

	Six months ended July 31, 2019
Derivatives designated as net investment hedges:	Amount of gain (loss) recognized in other comprehensive income (loss)			Amount of gain (loss) reclassified from AOCI into income		Amount of gain (loss) recognized in income (amount excluded from effectiveness testing)		Location of gain (loss) recognized in income (amount excluded from effectiveness testing)
(in thousands)
Foreign currency forward contracts	$	(3,442	)	$	—	$	3,405	Interest expense

The Company had no net investment hedges outstanding during the three and six months ended July 31, 2018.

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following tables present the effects of the Company's cash flow hedges on AOCI and earnings for the three and six months ended July 31, 2019:

	Three months ended July 31, 2019
Derivatives designated as cash flow hedges:	Amount of gain (loss) recognized in other comprehensive income (loss)		Amount of gain (loss) reclassified from AOCI into income		Location of gain (loss) reclassified from AOCI into income
(in thousands)
Cross-currency swap	$	720	$	168	Interest expense
			283		Other expense, net
Total	$	720	$	451

	Six months ended July 31, 2019
Derivatives designated as cash flow hedges:	Amount of gain (loss) recognized in other comprehensive income (loss)		Amount of gain (loss) reclassified from AOCI into income			Location of gain (loss) reclassified from AOCI into income
(in thousands)
Cross-currency swap	$	145	$	288		Interest expense
			(201		)	Other expense, net
Total	$	145	$	87

The Company had no cash flow hedges outstanding during the three and six months ended July 31, 2018.

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]

The total amount of gains (losses) recognized in earnings on the Company's derivatives not designated as hedges for the three and six months ended July 31, 2019 and 2018 are as follows:

		Gains (losses) recognized in earnings
		Three months ended July 31,						Six months ended July 31,
Derivatives not designated as hedges	Income statement location	2019			2018			2019			2018
(in millions)
Foreign currency forward contracts	Cost of products sold	$	2.1		$	5.4		$	3.0		$	12.0
Foreign currency forward contracts	Other expense, net	(3.1		)	(4.1		)	(3.3		)	(11.4		)
Total		$	(1.0	)	$	1.3		$	(0.3	)	$	0.6