v3.22.2.2
Derivative Financial Instruments (Tables)
 9 Months Ended
Oct. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Forward Currency Contracts, Statement of Financial Position
The notional amounts and fair values of forward currency contracts were as follows:
October 30, 2022January 30, 2022
Gross NotionalAssetsLiabilitiesGross NotionalAssetsLiabilities
(In thousands)
Derivatives designated as net investment hedges:
Forward currency contracts$710,000 $24,868 $— $1,502,000 $18,468 $— 
Derivatives not designated in a hedging relationship:
Forward currency contracts1,177,116 21,945 24,857 1,597,878 609 18,985 
Net derivatives recognized on consolidated balance sheets:
Forward currency contracts$46,813 $24,857 $19,077 $18,985 
Schedule of Pre-tax Gains (Losses) on Derivatives in Accumulated Other Comprehensive Income (Loss)
The pre-tax gains and losses on foreign currency exchange forward contracts recorded in accumulated other comprehensive income or loss were as follows:
Third QuarterFirst Three Quarters
2022202120222021
(In thousands)
Gains (losses) recognized in net investment hedge gains (losses):
Derivatives designated as net investment hedges$34,519 $(9,766)$35,558 $(24,822)
Schedule of Derivative Gains and Losses
The pre-tax net foreign currency exchange and derivative gains and losses recorded in the consolidated statement of operations were as follows:
Third QuarterFirst Three Quarters
2022202120222021
(In thousands)
Gains (losses) recognized in selling, general and administrative expenses:
Foreign currency exchange gains (losses)$4,845 $(8,161)$(11,395)$(28,296)
Derivatives not designated in a hedging relationship(11,033)6,511 (3,325)18,758 
Net foreign currency exchange and derivative gains (losses) $(6,188)$(1,650)$(14,720)$(9,538)