Stockholders' Equity (Tables)

9 Months Ended

Oct. 28, 2023

Equity [Abstract]

Schedule of cash dividend declared per share

The following sets forth the cash dividend declared per share:

	Three Months Ended				Nine Months Ended
	Oct 28, 2023		Oct 29, 2022		Oct 28, 2023		Oct 29, 2022
Cash dividend declared per share	$	0.300	$	0.225	$	0.825	$	0.675

Schedule of changes in accumulated other comprehensive income (loss), net of related income taxes

The changes in accumulated other comprehensive income (loss), net of related income taxes, are (in thousands):

	Foreign Currency Translation Adjustment		Derivative Financial Instruments Designated as Cash Flow Hedges		Defined Benefit Plans		Total
	Three Months Ended Oct 28, 2023
Balance at July 29, 2023	$	(123,169)	$	(5,805)	$	(3,583)	$	(132,557)
Gains (losses) arising during the period	(26,663)		5,870		184		(20,609)
Reclassification to net earnings for (gains) losses realized	—		(6)		22		16
Net other comprehensive income (loss)	(26,663)		5,864		206		(20,593)
Balance at October 28, 2023	$	(149,832)	$	59	$	(3,377)	$	(153,150)

	Nine Months Ended Oct 28, 2023
Balance at January 28, 2023	$	(129,168)	$	(1,584)	$	(3,321)	$	(134,073)
Gains (losses) arising during the period	(20,664)		7,383		(122)		(13,403)
Reclassification to net earnings for (gains) losses realized	—		(5,740)		66		(5,674)
Net other comprehensive income (loss)	(20,664)		1,643		(56)		(19,077)
Balance at October 28, 2023	$	(149,832)	$	59	$	(3,377)	$	(153,150)

	Three Months Ended Oct 29, 2022
Balance at July 30, 2022	$	(163,862)	$	14,240	$	(6,902)	$	(156,524)
Gains (losses) arising during the period	(9,685)		6,136		150		(3,399)
Reclassification to net earnings for gains realized	—		(3,709)		(8)		(3,717)
Net other comprehensive income (loss)	(9,685)		2,427		142		(7,116)
Balance at October 29, 2022	$	(173,547)	$	16,667	$	(6,760)	$	(163,640)

	Nine Months Ended Oct 29, 2022
Balance at January 29, 2022	$	(135,861)	$	7,280	$	(6,968)	$	(135,549)
Gains (losses) arising during the period	(37,686)		15,578		221		(21,887)
Reclassification to net earnings for gains realized	—		(6,191)		(13)		(6,204)
Net other comprehensive income (loss)	(37,686)		9,387		208		(28,091)
Balance at October 29, 2022	$	(173,547)	$	16,667	$	(6,760)	$	(163,640)

Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)

Details on reclassifications out of accumulated other comprehensive income (loss) to net earnings are (in thousands):

	Three Months Ended				Nine Months Ended				Location of (Gain) Loss Reclassified from Accumulated OCI into Earnings
	Oct 28, 2023		Oct 29, 2022		Oct 28, 2023		Oct 29, 2022
Derivative financial instruments designated as cash flow hedges:
Foreign exchange currency contracts	$	130	$	(4,141)	$	(6,074)	$	(7,013)	Cost of product sales
Interest rate swap	(158)		(30)		(434)		66		Interest expense
Less income tax effect	22		462		768		756		Income tax expense (benefit)
	(6)		(3,709)		(5,740)		(6,191)
Defined benefit plans:
Net actuarial loss amortization	64		13		191		55		Other expense
Prior service credit amortization	(40)		(22)		(119)		(67)		Other expense
Less income tax effect	(2)		1		(6)		(1)		Income tax expense (benefit)
	22		(8)		66		(13)
Total reclassifications during the period	$	16	$	(3,717)	$	(5,674)	$	(6,204)