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Derivatives and Hedging Activities (Tables)
 12 Months Ended
Jan. 27, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Outstanding Foreign Currency Contracts
At January 27, 2019, the Company had the following outstanding foreign exchange contracts:
(in thousands)
 
 
 
 
 
 
Foreign Exchange Contracts
 
Number of Instruments
 
Sell Notional Value
 
Buy Notional Value
Sell USD/Buy GBP Forward Contract
 
6
 
$
3,910

 
£
3,000

Total
 
6
 
 
 
 
Summary of carrying values of derivative instruments
The table below summarizes the carrying values of derivative instruments as of January 27, 2019:
 
 
Carrying Values of Derivative Instruments as of January 27, 2019
(in thousands)
 
Fair Value - Assets (2)
 
Fair Value - (Liabilities) (2)
 
Derivative Net Carrying Value
Derivatives designated as hedging instruments
 
 
 
 
 
 
Foreign exchange contracts (1)
 
$
69

 
$
—

 
$
69

Total derivatives
 
$
69

 
$
—

 
$
69

(1) Assets are included in "Other current assets" and liabilities are included in "Accrued liabilities" within the Balance Sheets.
(2) The fair values of the foreign exchange forward contracts are valued using Level 2 inputs. Please refer to Note 5.
Summary of income recognized from derivative instruments
The following table summarizes the amount of income recognized from derivative instruments for the fiscal years ended January 27, 2019, and January 28, 2018, as well as the line items within the accompanying Statements of Income where the results are recorded for cash flow hedges:
 
Amount of Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)
 
 Location of Gain or Loss into Income (Effective Portion)
 
Amount of (Gain) Loss Reclassified from AOCI into Income (Effective Portion)
 
Location of Gain or Loss Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
 
Amount of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
 
Fiscal Year Ended
 
 
Fiscal Year Ended
 
 
Fiscal Year Ended
(in thousands)
January 27, 2019
 
January 28, 2018
 
 
January 27, 2019
 
January 28, 2018
 
 
January 27, 2019
 
January 28, 2018
Sell USD/Buy CHF Forward Contract
$
—

 
$
—

 
SG&A
 
$
—

 
$
—

 
SG&A
 
$
—

 
$
—

Sell USD/Buy CAD Forward Contract
(244
)
 
841

 
SG&A
 
244

 
(841
)
 
SG&A
 
1

 
4

Sell USD/Buy GBP Forward Contract
80

 
364

 
SG&A
 
(11
)
 
(690
)
 
SG&A
 
—

 
—

 
$
(164
)
 
$
1,205

 
 
 
$
233

 
$
(1,531
)
 
 
 
$
1

 
$
4