Accumulated Other Comprehensive (Loss) Income

6 Months Ended

Aug. 03, 2019

Accumulated Other Comprehensive (Loss) Income

Accumulated Other Comprehensive (Loss) Income

10. Accumulated Other Comprehensive (Loss) Income

The following table summarizes the components of accumulated other comprehensive (loss) income for the six months ended August 3, 2019 (in thousands):

	Foreign
	Currency		Cash Flow		Pension
	Translation		Hedges		Plan		Total
BALANCE— February 2, 2019	$	(29,820)	$	(4,314)	$	155	$	(33,979)
Other comprehensive loss before reclassifications		(8,914)		(22,841)		—		(31,755)
Amounts reclassified from accumulated other comprehensive loss		—		(721)		—		(721)
Tax effect		—		5,883		—		5,883
Net current-period other comprehensive loss		(8,914)		(17,679)		—		(26,593)
BALANCE— August 3, 2019	$	(38,734)	$	(21,993)	$	155	$	(60,572)

The following table summarizes the components of accumulated other comprehensive (loss) income for the six months ended August 4, 2018 (in thousands):

	Foreign
	Currency		Cash Flow		Pension
	Translation		Hedges		Plan		Total
BALANCE— February 3, 2018	$	(11,116)	$	145	$	189	$	(10,782)
Other comprehensive (loss) income before reclassifications		(21,967)		3,395		—		(18,572)
Amounts reclassified from accumulated other comprehensive income		—		1,684		—		1,684
Tax effect		—		(1,110)		—		(1,110)
Net current-period other comprehensive (loss) income		(21,967)		3,969		—		(17,998)
BALANCE— August 4, 2018	$	(33,083)	$	4,114	$	189	$	(28,780)

Amounts reclassified from other comprehensive (loss) income for the six months ended August 3, 2019 and August 4, 2018 relate to changes in the fair value of our interest rate swaps which is recorded within interest expense in the condensed consolidated statement of earnings and changes in the fair value of cash flow hedges related to inventory purchases, which is recorded within cost of sales in the condensed consolidated statement of earnings.