Basis of Presentation (Tables)

9 Months Ended

Nov. 02, 2019

Other Comprehensive Income and Reclassifications from AOCI

Other comprehensive income (loss) includes amounts related to foreign currency and pension plans and is reported in the Consolidated Statements of Comprehensive Income (Loss). Other comprehensive income and reclassifications from AOCI for the three and nine months ended November 2, 2019 and November 3, 2018, respectively, were as follows:

	November 2, 2019									November 3, 2018
For the three months ended:	(in thousands)
	Pension Plans			Foreign Currency			Total			Pension Plans			Foreign Currency			Total
Balance at beginning of the quarter	$	(5,229	)	$	(726	)	$	(5,955	)	$	(5,595	)	$	(604	)	$	(6,199	)

Other comprehensive income (loss) before reclassifications, net of taxes		27			(17	)		10			58			(9	)		49

Recognition of accumulated foreign currency translation adjustment ⁽¹⁾		—			792			792			—			—			—

Amounts reclassified from accumulated other comprehensive income, net of taxes ⁽²⁾		118			—			118			64			—			64

Other comprehensive income (loss) for the period		145			775			920			122			(9	)		113

Balance at end of quarter	$	(5,084	)	$	49		$	(5,035	)	$	(5,473	)	$	(613	)	$	(6,086	)

	November 2, 2019									November 3, 2018
For the nine months ended:	(in thousands)
	Pension Plans			Foreign Currency			Total			Pension Plans			Foreign Currency			Total
Balance at beginning of fiscal year	$	(5,521	)	$	(662	)	$	(6,183	)	$	(5,840	)	$	(403	)	$	(6,243	)

Other comprehensive income (loss) before reclassifications, net of taxes		82			(81	)		1			173			(210	)		(37	)

Recognition of accumulated foreign currency translation adjustment ⁽¹⁾		—			792			792			—			—			—

Amounts reclassified from accumulated other comprehensive income, net of taxes ⁽²⁾		355			—			355			194			—			194

Other comprehensive income (loss) for the period		437			711			1,148			367			(210	)		157

Balance at end of quarter	$	(5,084	)	$	49		$	(5,035	)	$	(5,473	)	$	(613	)	$	(6,086	)

(1)

In connection with the Company’s closing its Rochester Clothing store in London, England and exiting its London operations, the Company recognized the accumulated foreign currency translation adjustment as an expense and it has been included in “Exit costs associated with London operations” on the Consolidated Statement of Operations for the three and nine months ended November 2, 2019.

(2)

Includes the amortization of the unrecognized loss on pension plans, which was charged to “Selling, General and Administrative” Expense on the Consolidated Statements of Operations for all periods presented. The amortization of the unrecognized loss, before tax, was $160,000 and $87,000 for the three months ended November 2, 2019 and November 3, 2018, respectively, and $481,000 and $264,000 for the nine months ended November 2, 2019 and November 3, 2018, respectively.