Retirement and Other Benefit Plans

3 Months Ended

May 01, 2021

Retirement and Other Benefit Plans

Retirement and Other Benefit Plans

Note 13  Retirement and Other Benefit Plans

The following table sets forth the components of net periodic benefit income for the Company, including domestic and Canadian plans:

	Pension Benefits				Other Postretirement Benefits
	Thirteen Weeks Ended				Thirteen Weeks Ended
($ thousands)	May 1, 2021		May 2, 2020		May 1, 2021		May 2, 2020
Service cost	$	1,942	$	2,160	$	—	$	—
Interest cost		2,813		3,154		10		10
Expected return on assets		(7,114)		(7,443)		—		—
Amortization of:
Actuarial loss (gain)		615		1,083		(27)		(39)
Prior service income		(125)		(350)		—		—
Total net periodic benefit income	$	(1,869)	$	(1,396)	$	(17)	$	(29)

The non-service cost components of net periodic benefit income are included in other income, net in the condensed consolidated statements of earnings (loss). Service cost is included in selling and administrative expenses.