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Derivative Financial Instruments (Tables)
 3 Months Ended
May 04, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of fair value of derivative instruments in the condensed consolidated balance sheets
The fair value of derivative instruments in the condensed consolidated balance sheets is (in thousands):
 Fair Value at May 4, 2024Fair Value at Feb 3, 2024Derivative Balance Sheet Location
ASSETS:   
Derivatives designated as hedging instruments:   
Cash flow hedges:
   Foreign exchange currency contracts$2,191 $1,590 Other current assets/Other assets
   Interest rate swap835 797 Other assets
Total derivatives designated as hedging instruments3,026 2,387 
Derivatives not designated as hedging instruments:  
Foreign exchange currency contracts1,069 688 Other current assets
2028 Bond Hedge138,269 85,918 Other assets
Total derivatives not designated as hedging instruments139,338 86,606 
Total$142,364 $88,993  
LIABILITIES:   
Derivatives designated as hedging instruments:   
Cash flow hedges:
   Foreign exchange currency contracts$285 $763 Accrued expenses/
Other long-term liabilities
   Interest rate swap— — Other long-term liabilities
Total derivatives designated as hedging instruments285 763 
Derivatives not designated as hedging instruments:   
Foreign exchange currency contracts113 939 Accrued expenses
Embedded derivative30,230 16,390 Convertible senior notes due 2028, net
Total derivatives not designated as hedging instruments30,343 17,329 
Total$30,628 $18,092  
Summary of gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges
The following summarizes the gains (losses) before income taxes recognized on derivative instruments designated as cash flow hedges in other comprehensive income (loss) (“OCL”) and net earnings (loss) (in thousands): 
Gain (Loss) Recognized in OCL
Location of Gain (Loss) Reclassified from AOCL into Earnings (Loss)Gain (Loss) Reclassified from AOCL into Earnings (Loss)
May 4, 2024Apr 29, 2023May 4, 2024Apr 29, 2023
Three Months Ended
Derivatives designated as cash flow hedges:    
Foreign exchange currency contracts$1,171 $(1,072)Cost of product sales$(2,045)$5,893 
Interest rate swap193 15 Interest expense155 128 
Summary of net after-tax derivative activity recorded in accumulated other comprehensive income (loss)
The following summarizes net after income tax derivative activity recorded in AOCL (in thousands):
 Three Months Ended
 May 4, 2024Apr 29, 2023
Beginning balance loss$(544)$(1,584)
Net gain (loss) from changes in cash flow hedges1,145 (942)
Net (gain) loss reclassified into earnings (loss)1,620 (5,343)
Ending balance gain (loss)$2,221 $(7,869)
Summary of derivative instruments not designated as hedging instruments
The following summarizes the gains (losses) before income taxes recognized on derivative instruments not designated as hedging instruments in other income (expense) (in thousands):
 Location of Gains (Losses) Recognized in Earnings (Loss)Gains (Losses) Recognized in Earnings (Loss)
Three Months Ended
 May 4, 2024Apr 29, 2023
Foreign exchange currency contractsOther income (expense)$521 $(625)
2028 Bond HedgeOther income (expense)$45,813 $— 
Embedded derivativesOther income (expense)$(7,302)$—