v3.23.3
Derivative Financial Instruments (Tables)
 9 Months Ended
Oct. 29, 2023
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 29, 2023January 29, 2023
Gross NotionalAssetsLiabilitiesGross NotionalAssetsLiabilities
(In thousands)
Derivatives designated as net investment hedges:
Forward currency contracts$617,500 $10,961 $— $1,070,000 $— $17,211 
Derivatives not designated in a hedging relationship:
Forward currency contracts991,145 4,893 11,497 1,605,284 16,707 8,414 
Net derivatives recognized on consolidated balance sheets:
Forward currency contracts$15,854 $11,497 $16,707 $25,625 
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
2023202220232022
(In thousands)
Gains (losses) recognized in net investment hedge gains (losses):
Derivatives designated as net investment hedges$27,898 $34,519 $28,859 $35,558 
Schedule of Pre-Tax Net Foreign Exchange and 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
2023202220232022
(In thousands)
Gains (losses) recognized in selling, general and administrative expenses:
Foreign currency exchange gains (losses)$18,154 $4,845 $(11,944)$(11,395)
Derivatives not designated in a hedging relationship(17,962)(11,033)15,060 (3,325)
Net foreign currency exchange and derivative gains (losses) $192 $(6,188)$3,116 $(14,720)