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Benefit Plans (Tables)
12 Months Ended
Jan. 29, 2022
Retirement Benefits [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 29,
2022
January 30,
2021
Change in benefit obligation:  
Benefit obligation at beginning of year$235,830 $223,736 
Service cost4,268 4,360 
Interest cost5,750 6,143 
Actuarial (gain) loss(13,218)7,326 
Benefits paid(6,344)(5,735)
Benefit obligation at end of year$226,286 $235,830 
Change in Pension Plan assets:  
Fair value of Pension Plan assets at beginning of year$— $— 
Employer contribution6,344 5,735 
Benefits paid(6,344)(5,735)
Fair value of Pension Plan assets at end of year$— $— 
Funded status (Pension Plan assets less benefit obligation)$(226,286)$(235,830)
Amounts recognized in the balance sheets:  
Accrued benefit liability
$(226,286)$(235,830)
Net amount recognized$(226,286)$(235,830)
Pretax amounts recognized in accumulated other comprehensive loss:
Net actuarial loss$30,064 $46,069 
Prior service cost— — 
Net amount recognized$30,064 $46,069 
Accumulated benefit obligation at end of year$(220,491)$(231,086)
Schedule of weighted average assumption
Fiscal 2021Fiscal 2020Fiscal 2019
Discount rate—net periodic pension cost2.5 %2.8 %4.0 %
Discount rate—benefit obligations3.0 %2.5 %2.8 %
Rate of compensation increases2.0 %2.0 %2.0 %
Schedule of components of net periodic benefit costs
(in thousands of dollars)Fiscal 2021Fiscal 2020Fiscal 2019
Components of net periodic benefit costs:   
Service cost$4,268 $4,360 $3,621 
Interest cost5,750 6,143 7,667 
Net actuarial loss2,786 2,274 — 
Net periodic benefit costs$12,804 $12,777 $11,288 
Other changes in benefit obligations recognized in other comprehensive (income) loss:
   Net actuarial (gain) loss $(16,004)$5,052 $24,137 
   Amortization of prior service cost— — — 
   Total recognized in other comprehensive (income) loss$(16,004)$5,052 $24,137 
Total recognized in net periodic benefit costs and other comprehensive income or loss
$(3,200)$17,829 $35,425 
Schedule of estimated future benefits payments for the nonqualified benefit plan
(in thousands of dollars) 
Fiscal Year 
2022$6,182 *
20236,554 
20248,875 
202514,754 
202615,251 
2027 - 203185,371 
Total payments for next ten fiscal years$136,987 
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* The estimated benefit payment for fiscal 2022 also represents the amount the Company expects to contribute to the Pension Plan for fiscal 2022.