XML 58 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
BENEFIT PLANS (Tables)
12 Months Ended
Feb. 01, 2014
Compensation and Retirement Disclosure [Abstract]  
Schedule of information regarding the Plan
 
Fiscal Year
 
2013
 
2012
Change in benefit obligation:
 
 
 
Benefit obligation at beginning of year
$
40,037

 
$
37,888

Employer service cost
360

 

Interest cost
1,723

 
1,889

Actuarial (gain) loss
(1,609
)
 
3,830

Plan disbursements
(3,932
)
 
(3,570
)
Projected benefit obligation at end of year
36,579

 
40,037

 
 
 
 
Change in plan assets:


 


Fair value of plan assets at beginning of year
33,339

 
33,363

Actual return on plan assets
2,449

 
3,446

Employer contributions

 
100

Plan disbursements
(3,932
)
 
(3,570
)
Fair value of plan assets at end of year
31,856

 
33,339




 


Underfunded status
$
(4,723
)
 
$
(6,698
)
 
 
 
 
Amounts recognized in the consolidated balance sheet consist of:
 
 
 
Accrued benefit liability - included in other long-term liabilities
$
(4,723
)
 
$
(6,698
)
Amount recognized in accumulated other comprehensive loss, pre-tax (1)
7,442

 
9,873

 
(1)
Consists solely of net actuarial losses as there are no prior service costs.
Schedule of weighted-average assumptions
 
Fiscal Year
 
 
 
2013
 
2012
 
 
Weighted-average assumptions:
 
 
 
 
 
For determining benefit obligations at year-end:
 
 
 
 
 
Discount rate
4.81
%
 
4.43
%
 
 
 
Fiscal Year
 
2013
 
2012
 
2011
For determining net periodic pension cost for year:
 
 

 
 

Discount rate
4.43
%
 
5.10
%
 
5.99
%
Expected return on assets
7.00
%
 
7.00
%
 
7.50
%
Schedule of allocations of Plan's assets by category
 
 
 
Fiscal Year
 
2014 Target Allocation
 
2013
 
2012
Equity securities
50%
 
56%
 
51%
Fixed income securities
50
 
42
 
47
Other - primarily cash
 
2
 
2
Total
100%
 
100%
 
100%
Plan assets measured at fair value [Text Block]
 
February 1, 2014
 
Balance
 
Quoted Prices in Active
Markets for Identical
Instruments
(Level 1)
 
Significant Other Observable
Inputs
(Level 2)
 
Significant Unobservable
Inputs
(Level 3)
Mutual funds:
 
 
 
 
 
 
 
Equity securities
$
17,773

 
$
17,773

 
$

 
$

Fixed income securities
13,512

 
13,512

 

 

Other - primarily cash
571

 
571

 

 

Total
$
31,856

 
$
31,856

 
$

 
$

 
 
February 2, 2013
 
Balance
 
Quoted Prices in Active
Markets for Identical
Instruments
(Level 1)
 
Significant Other Observable
Inputs
(Level 2)
 
Significant Unobservable
Inputs
(Level 3)
Mutual funds:
 
 
 
 
 
 
 
Equity securities
$
17,106

 
$
17,106

 
$

 
$

Fixed income securities
15,779

 
15,779

 

 

Other - primarily cash
454

 
454

 

 

Total
$
33,339

 
$
33,339

 
$

 
$

Components of net periodic benefit cost
 
Fiscal Year
 
2013
 
2012
 
2011
Net periodic pension cost for the fiscal year:

 

 

Employer service cost
$
360

 
$

 
$

Interest cost
1,723

 
1,889

 
2,063

Expected return on plan assets
(2,237
)
 
(2,253
)
 
(2,437
)
Net loss amortization
610

 
414

 
158

Net pension cost (income)
456

 
50

 
(216
)
Loss due to settlement

 

 
434

Total pension cost
$
456

 
$
50

 
$
218

Schedule of other changes in Plan assets and benefit obligations recognized in other comprehensive loss
 
Fiscal Year
 
2013
 
2012
Amortization of net loss
$
(610
)
 
$
(414
)
Net (gain) loss
(1,821
)
 
2,637

Net change recognized in other comprehensive loss, pre-tax
$
(2,431
)
 
$
2,223

Schedule of expected benefit payments
Fiscal Year
Payments
2014
$
3,129

2015
2,836

2016
3,541

2017
3,389

2018
3,003

Fiscal years 2019 - 2023
14,963