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Benefit Plans (Tables)
12 Months Ended
Jan. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
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
)
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
%
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

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

 
___________________________________
* The estimated benefit payment for fiscal 2016 also represents the amount the Company expects to contribute to the Pension Plan for fiscal 2016.