Pension Plan (Notes)

3 Months Ended

May 04, 2019

PENSION PLAN

We sponsor a frozen defined benefit pension plan. The components of net periodic pension cost, which were recognized in selling, general and administrative expenses, were as follows (in thousands):



	Three Months Ended
	May 4, 2019			May 5, 2018
Employer service cost	$	135		$	123
Interest cost on pension benefit obligation	327			358
Expected return on plan assets	(368		)	(414		)
Amortization of net loss	170			199
Net periodic pension cost	$	264		$	266

Our funding policy is to make contributions to maintain the minimum funding requirements for our pension obligations in accordance with the Employee Retirement Income Security Act. We may elect to contribute additional amounts to maintain a level of funding to minimize the Pension Benefit Guaranty Corporation premium costs or to cover the short-term liquidity needs of the plan in order to maintain current invested positions. We contributed $0.3 million during the three months ended May 4, 2019, and we expect to contribute an additional $1.0 million in 2019.