Rabbi Trust Assets (Notes)

6 Months Ended

Aug. 01, 2020

Investments, Debt and Equity Securities [Abstract]

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

As a precautionary measure and to preserve liquidity in light of the circumstances surrounding COVID-19, during the twenty-six weeks ended August 1, 2020, the Company withdrew the majority of excess funds from the overfunded Rabbi Trust assets, providing the Company with $50.0 million of additional cash.

Investments of Rabbi Trust assets consisted of the following as of August 1, 2020 and February 1, 2020:

(in thousands)	August 1, 2020		February 1, 2020
Trust-owned life insurance policies (at cash surrender value)	$	60,027	$	109,048
Money market funds	1		1
Rabbi Trust assets	$	60,028	$	109,049

Realized gains resulting from the change in cash surrender value of the Rabbi Trust assets for the thirteen and twenty-six weeks ended August 1, 2020 and August 3, 2019 were as follows:

	Thirteen Weeks Ended				Twenty-six Weeks Ended
(in thousands)	August 1, 2020		August 3, 2019		August 1, 2020		August 3, 2019
Realized gains related to Rabbi Trust assets	$	388	$	798	$	978	$	1,589