v3.26.1
Derivative Financial Instruments (Tables)
 6 Months Ended
Aug. 02, 2026
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 2, 2026February 1, 2026
Gross NotionalAssetsLiabilitiesGross NotionalAssetsLiabilities
(In thousands)
Derivatives designated as net investment hedges:
Forward currency contracts$1,060,000 $6,218 $— $1,548,000 $— $32,510 
Derivatives not designated in a hedging relationship:
Forward currency contracts1,386,219 57 8,431 1,832,471 30,996 3,966 
Net derivatives recognized on consolidated balance sheets:
Forward currency contracts$6,275 $8,431 $30,996 $36,476 
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
2026202520262025
(In thousands)
Gains (losses) recognized in net investment hedge gains (losses):
Derivatives designated as net investment hedges$34,145 $1,065 $35,920 $(64,158)
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
2026202520262025
(In thousands)
Gains (losses) recognized in selling, general and administrative expenses:
Foreign currency exchange gains (losses)$36,569 $5,280 $36,170 $(67,998)
Derivatives not designated in a hedging relationship(36,322)(3,837)(43,683)59,231 
Net foreign currency exchange and derivative gains (losses)$247 $1,443 $(7,513)$(8,767)