OTHER COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Feb. 03, 2018

Commitments and Contingencies Disclosure [Abstract]

Schedule of change in benefit obligation based upon an actuarial valuation

The Company’s change in benefit obligation based upon an actuarial valuation is as follows:

	For the Years Ended
(in thousands)	February 3, 2018			January 28, 2017			January 30, 2016
Benefit obligation at beginning of year	$	655		$	695		$	584
Service cost		36			39			46
Interest cost		20			21			19
Actuarial loss (gain)		(46	)		(54	)		92
Benefits paid		(70	)		(46	)		(46	)
Benefit obligation at end of year	$	595		$	655		$	695

Schedule of components of net accumulated other comprehensive income

The Company’s components of net accumulated other comprehensive income were as follows:

	For the Years Ended
(in thousands)	February 3, 2018			January 28, 2017			January 30, 2016
Accumulated other comprehensive income	$	765		$	765		$	780
Deferred tax		(206	)		(299	)		(305	)
Accumulated other comprehensive income, net	$	559		$	466		$	475

Schedule of one-percentage-point increase or decrease in the healthcare cost trend rate assumed for postretirement benefits

The medical care cost trend used in determining this obligation is 6.8% at February 3, 2018, decreasing annually throughout the actuarial projection period. The below table illustrates a one-percentage-point increase or decrease in the healthcare cost trend rate assumed for postretirement benefits:

(in thousands)	February 3, 2018			January 28, 2017			January 30, 2016
Effect of health care trend rate
1% increase effect on accumulated benefit obligations	$	71		$	76		$	86
1% increase effect on periodic cost		11			11			12
1% decrease effect on accumulated benefit obligations		(53	)		(58	)		(69	)
1% decrease effect on periodic cost		(8	)		(9	)		(10	)

Schedule of annual net postretirement cost

The annual net postretirement cost is as follows:

(in thousands)	February 3, 2018			January 28, 2017			January 30, 2016
Service cost	$	36		$	40		$	46
Interest cost		20			21			19
Amortization of prior service cost		(13	)		(13	)		(13	)
Amortization of unrecognized prior service costs		(58	)		(56	)		(51	)
Net periodic postretirement benefit cost	$	(15	)	$	(8	)	$	1

Schedule of expected cash flows for the postretirement medical plan

The Company’s policy is to fund claims as incurred. Information about the expected cash flows for the postretirement medical plan follows:

(in thousands)	Postretirement Medical Plan
Expected Benefit Payments, net of retiree contributions
2018	$	49
2019		55
2020		56
2021		61
2022		61
Next 5 years		262