v3.25.2
Derivative Financial Instruments (Tables)
 6 Months Ended
Aug. 03, 2025
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:
August 3, 2025February 2, 2025
Gross NotionalAssetsLiabilitiesGross NotionalAssetsLiabilities
(In thousands)
Derivatives designated as net investment hedges:
Forward currency contracts$1,209,000 $— $2,701 $1,969,000 $74,908 $— 
Derivatives not designated in a hedging relationship:
Forward currency contracts1,460,764 714 2,194 2,167,657 1,940 74,638 
Net derivatives recognized on consolidated balance sheets:
Forward currency contracts$714 $4,895 $76,848 $74,638 
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:
Second QuarterFirst Two Quarters
2025202420252024
(In thousands)
Gains (losses) recognized in net investment hedge gains (losses):
Derivatives designated as net investment hedges$1,065 $14,575 $(64,158)$32,712 
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:
Second QuarterFirst Two Quarters
2025202420252024
(In thousands)
Gains (losses) recognized in selling, general and administrative expenses:
Foreign currency exchange gains (losses)$5,280 $15,836 $(67,998)$30,771 
Derivatives not designated in a hedging relationship(3,837)(14,711)59,231 (29,038)
Net foreign currency exchange and derivative gains (losses)$1,443 $1,125 $(8,767)$1,733