Derivative Financial Instruments (Tables)

9 Months Ended

Oct. 29, 2011

Derivative Financial Instruments

Summary of fair value of derivative instruments in the condensed consolidated balance sheet

	Derivative Balance Sheet Location	Fair Value at Oct. 29, 2011		Fair Value at Jan. 29, 2011
ASSETS:
Derivatives designated as hedging instruments:
Foreign exchange currency contracts	Other current assets	$	896	$	1,137
Derivatives not designated as hedging instruments:
Foreign exchange currency contracts	Other current assets	1,137		2,090
Total		$	2,033	$	3,227
LIABILITIES:
Derivatives designated as hedging instruments:
Foreign exchange currency contracts	Current liabilities	$	1,041	$	1,598
Derivatives not designated as hedging instruments:
Foreign exchange currency contracts	Current liabilities	2,237		6,168
Interest rate swaps	Long-term liabilities	954		868
Total derivatives not designated as hedging instruments		3,191		7,036
Total		$	4,232	$	8,634

Summary of gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings

	Gain/(Loss) Recognized in OCI					Location of Gain/(Loss)	Gain/(Loss) Reclassified from Accumulated OCI into Income/(Loss)
	Three Months Ended Oct. 29, 2011		Three Months Ended Oct. 30, 2010			Reclassified from Accumulated OCI into Income (1)	Three Months Ended Oct. 29, 2011			Three Months Ended Oct. 30, 2010
Derivatives designated as hedging instruments:
Foreign exchange currency contracts	$	3,970	$	(3,570	)	Cost of sales	$	(3,470	)	$	3,475
Foreign exchange currency contracts	$	26	$	(41	)	Other income/expense	$	(20	)	$	258

	Gain/(Loss) Recognized in OCI						Location of Gain/(Loss)	Gain/(Loss) Reclassified from Accumulated OCI into Income/(Loss)
	Nine Months Ended Oct. 29, 2011			Nine Months Ended Oct. 30, 2010			Reclassified from Accumulated OCI into Income (1)	Nine Months Ended Oct. 29, 2011			Nine Months Ended Oct. 30, 2010
Derivatives designated as hedging instruments:
Foreign exchange currency contracts	$	(3,239	)	$	(2,563	)	Cost of sales	$	(6,540	)	$	2,795
Foreign exchange currency contracts	$	(585	)	$	636		Other income/expense	$	(9	)	$	1,240

(1) The ineffective portion was immaterial during the three and nine months ended October 29, 2011 and October 30, 2010 and was recorded in net earnings and included in other income/expense.

Summary of net after-tax derivative activity recorded in accumulated other comprehensive income

	Three Months Ended						Nine Months Ended
	Oct. 29, 2011			Oct. 30, 2010			Oct. 29, 2011			Oct. 30, 2010
Beginning balance (loss) gain	$	(5,619	)	$	2,902		$	(1,789	)	$	1,845
Net gains (losses) from changes in cash flow hedges	3,059			(3,178		)	(3,366		)	(1,623		)
Net losses (gains) reclassified to income	3,027			(3,321		)	5,622			(3,819		)
Ending balance gain (loss)	$	467		$	(3,597	)	$	467		$	(3,597	)

Summary of gains (losses) before taxes recognized on the derivative instruments not designated as cash flow hedges in other income and expense

	Location of	Gain/(Loss) Recognized in Income						Gain/(Loss) Recognized in Income
	Gain/(Loss) Recognized in Income	Three Months Ended Oct. 29, 2011			Three Months Ended Oct. 30, 2010			Nine Months Ended Oct. 29, 2011			Nine Months Ended Oct. 30, 2010
Derivatives not designated as hedging instruments:
Foreign exchange currency contracts	Other income/expense	$	6,401		$	(3,938	)	$	(6,005	)	$	(102	)
Interest rate swaps	Other income/expense	$	(89	)	$	130		$	(89	)	$	(37	)