Benefit Plans (Tables)
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12 Months Ended |
Jan. 30, 2016 |
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| Compensation and Retirement Disclosure [Abstract] |
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| Schedule of accumulated benefit obligation, changes in projected benefit obligation, change in Pension Plan assets, funded status and reconciliation to amounts recognized in the consolidated balance sheets |
| | | | | | | | | (in thousands of dollars) | January 30,
2016 | | January 31,
2015 | Change in benefit obligation: | | | | Benefit obligation at beginning of year | $ | 196,922 |
| | $ | 173,870 |
| Service cost | 3,932 |
| | 4,396 |
| Interest cost | 6,736 |
| | 7,644 |
| Actuarial (gain) loss | (18,788 | ) | | 13,850 |
| Benefits paid | (3,992 | ) | | (2,838 | ) | Benefit obligation at end of year | $ | 184,810 |
| | $ | 196,922 |
| Change in Pension Plan assets: | | | | Fair value of Pension Plan assets at beginning of year | $ | — |
| | $ | — |
| Employer contribution | 3,992 |
| | 2,838 |
| Benefits paid | (3,992 | ) | | (2,838 | ) | Fair value of Pension Plan assets at end of year | $ | — |
| | $ | — |
| Funded status (Pension Plan assets less benefit obligation) | $ | (184,810 | ) | | $ | (196,922 | ) | Amounts recognized in the balance sheets: | | | | Accrued benefit liability | $ | (184,810 | ) | | $ | (196,922 | ) | Net amount recognized | $ | (184,810 | ) | | $ | (196,922 | ) | Pretax amounts recognized in accumulated other comprehensive loss: | | | | Net actuarial loss | $ | 27,669 |
| | $ | 50,153 |
| Prior service cost | — |
| | — |
| Net amount recognized | $ | 27,669 |
| | $ | 50,153 |
| The estimated amounts that will be amortized from accumulated other comprehensive loss into net periodic cost in 2016: | | | | Net actuarial loss | $ | 1,204 |
| | | Prior service cost | — |
| | | Net amount recognized | $ | 1,204 |
| |
|
| | | | | Accumulated benefit obligation at end of year | $ | (177,228 | ) | | $ | (188,126 | ) |
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| Schedule of weighted average assumption |
| | | | | | | | | | | Fiscal 2015 | | Fiscal 2014 | | Fiscal 2013 | Discount rate—net periodic pension cost | 3.5 | % | | 4.4 | % | | 4.1 | % | Discount rate—benefit obligations | 4.2 | % | | 3.5 | % | | 4.4 | % | Rate of compensation increases | 3.0 | % | | 3.0 | % | | 3.0 | % |
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| Schedule of components of net periodic benefit costs |
| | | | | | | | | | | | | (in thousands of dollars) | Fiscal 2015 | | Fiscal 2014 | | Fiscal 2013 | Components of net periodic benefit costs: | | | | | | Service cost | $ | 3,932 |
| | $ | 4,396 |
| | $ | 4,237 |
| Interest cost | 6,736 |
| | 7,644 |
| | 6,782 |
| Net actuarial loss | 3,697 |
| | 2,660 |
| | 3,012 |
| Amortization of prior service cost | — |
| | — |
| | 96 |
| Plan curtailment gain | — |
| | — |
| | (1,480 | ) | Net periodic benefit costs | $ | 14,365 |
| | $ | 14,700 |
| | $ | 12,647 |
| Other changes in benefit obligations recognized in other comprehensive (income) loss: | | | | | | Net actuarial (gain) loss | $ | (22,485 | ) | | $ | 11,190 |
| | $ | (4,225 | ) | Amortization of prior service cost | — |
| | — |
| | (96 | ) | Total recognized in other comprehensive (income) loss | $ | (22,485 | ) | | $ | 11,190 |
| | $ | (4,321 | ) | Total recognized in net periodic benefit costs and other comprehensive income or loss | $ | (8,120 | ) | | $ | 25,890 |
| | $ | 8,326 |
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| Schedule of estimated future benefits payments for the nonqualified benefit plan |
| | | | | | (in thousands of dollars) | | | Fiscal Year | | | 2016 | $ | 4,027 |
| * | 2017 | 6,039 |
| | 2018 | 6,453 |
| | 2019 | 6,515 |
| | 2020 | 9,291 |
| | 2021 - 2025 | 57,258 |
| | Total payments for next ten fiscal years | $ | 89,583 |
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___________________________________ * The estimated benefit payment for fiscal 2016 also represents the amount the Company expects to contribute to the Pension Plan for fiscal 2016. |