Employee Benefit Plans (Tables)
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12 Months Ended |
Jan. 30, 2016 |
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| Compensation and Retirement Disclosure [Abstract] |
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| Schedule of Net Benefit Costs [Table Text Block] |
The components of net periodic pension expense were comprised of the following: | | | | | | | | | | | (In thousands) | 2015 | 2014 | 2013 | Service cost - benefits earned in the period | $ | 1,923 |
| $ | 1,951 |
| $ | 2,086 |
| Interest cost on projected benefit obligation | 2,444 |
| 3,218 |
| 3,041 |
| Expected investment return on plan assets | (2,628 | ) | (3,219 | ) | (2,893 | ) | Amortization of prior service cost | 4 |
| (34 | ) | (34 | ) | Amortization of transition obligation | — |
| — |
| 12 |
| Amortization of actuarial loss | 1,817 |
| 1,497 |
| 1,692 |
| Curtailment loss | 191 |
| — |
| — |
| Settlement loss | 1,912 |
| 1,868 |
| 83 |
| Net periodic pension cost | $ | 5,663 |
| $ | 5,281 |
| $ | 3,987 |
|
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| Schedule of Assumptions Used [Table Text Block] |
The weighted-average assumptions used to determine net periodic pension expense were: | | | | | | | | | 2015 | 2014 | 2013 | Discount rate | 3.3 | % | 5.0 | % | 4.6 | % | Rate of increase in compensation levels | 2.8 | % | 3.0 | % | 3.5 | % | Expected long-term rate of return | 5.2 | % | 6.0 | % | 5.1 | % |
The weighted-average assumptions used to determine benefit obligations were: | | | | | | | 2015 | 2014 | Discount rate | 1.2 | % | 3.3 | % | Rate of increase in compensation levels | 0.0 | % | 2.8 | % |
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| Schedule of Changes in Projected Benefit Obligations [Table Text Block] |
The following schedule provides a reconciliation of projected benefit obligations, plan assets, funded status, and amounts recognized for the Pension Plan and Supplemental Pension Plan at January 30, 2016 and January 31, 2015: | | | | | | | | (In thousands) | January 30, 2016 | January 31, 2015 | Change in projected benefit obligation: | | | Projected benefit obligation at beginning of year | $ | 78,187 |
| $ | 64,878 |
| Service cost | 1,923 |
| 1,951 |
| Interest cost | 2,444 |
| 3,218 |
| Plan amendments | — |
| 217 |
| Plan curtailments | (7,291 | ) | — |
| Benefits and settlements paid | (7,564 | ) | (7,857 | ) | Actuarial loss | 7,712 |
| 15,780 |
| Projected benefit obligation at end of year | $ | 75,411 |
| $ | 78,187 |
| | | | Change in plan assets: | | | Fair market value at beginning of year | $ | 55,292 |
| $ | 56,329 |
| Actual return on plan assets | (3,025 | ) | 5,685 |
| Employer contributions | 10,933 |
| 1,135 |
| Benefits and settlements paid | (7,564 | ) | (7,857 | ) | Fair market value at end of year | $ | 55,636 |
| $ | 55,292 |
| | | | Under funded and net amount recognized | $ | (19,774 | ) | $ | (22,895 | ) | | | | Amounts recognized in the consolidated balance sheets consist of: | | | Current liabilities | $ | (19,774 | ) | $ | (372 | ) | Noncurrent liabilities | — |
| (22,523 | ) | Net amount recognized | $ | (19,774 | ) | $ | (22,895 | ) |
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| Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block] |
The following are components of accumulated other comprehensive income and, as such, are not yet reflected in net periodic pension expense: | | | | | | | | (In thousands) | 2015 | 2014 | Unrecognized past service credit | $ | — |
| $ | (195 | ) | Unrecognized actuarial loss | (26,418 | ) | (24,074 | ) | Accumulated other comprehensive loss, pretax | $ | (26,418 | ) | $ | (24,269 | ) |
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| Schedule of Accumulated and Projected Benefit Obligations [Table Text Block] |
The following table sets forth certain information for the Pension Plan and the Supplemental Pension Plan at January 30, 2016 and January 31, 2015: | | | | | | | | | | | | | | | | Pension Plan | | Supplemental Pension Plan | (In thousands) | January 30, 2016 | January 31, 2015 | | January 30, 2016 | January 31, 2015 | Projected benefit obligation | $ | 70,046 |
| $ | 72,659 |
| | $ | 5,365 |
| $ | 5,528 |
| Accumulated benefit obligation | 70,046 |
| 65,627 |
| | 5,365 |
| 4,667 |
| Fair market value of plan assets | $ | 55,636 |
| $ | 55,292 |
| | $ | — |
| $ | — |
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| Schedule of Expected Benefit Payments [Table Text Block] |
Using the same assumptions as those used to measure our benefit obligations, the Pension Plan and the Supplemental Pension Plan benefits expected to be paid in each of the following fiscal years are as follows: | | | | | Fiscal Year | (In thousands) |
| 2016 | $ | 76,186 |
| 2017 | — |
| 2018 | — |
| 2019 | — |
| 2020 | — |
| 2021 - 2025 | $ | — |
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| Schedule of Allocation of Plan Assets [Table Text Block] |
The fair value of our Pension Plan assets at January 30, 2016 and January 31, 2015 by asset category was comprised of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | January 30, 2016 | | January 31, 2015 | (In thousands) | Total | Level 1 | Level 2 | Level 3 | | Total | Level 1 | Level 2 | Level 3 | Cash and Cash Equivalents | $ | 25,035 |
| $ | 25,035 |
| $ | — |
| $ | — |
| | $ | 1,096 |
| $ | 1,096 |
| $ | — |
| $ | — |
| Common / Collective Trusts | | | | | | | | | | Long Credit | 19,463 |
| — |
| 19,463 |
| — |
| | 25,317 |
| — |
| 25,317 |
| — |
| Intermediate Credit | 7,380 |
| — |
| 7,380 |
| — |
| | 17,972 |
| — |
| 17,972 |
| — |
| U.S. Treasury Strips | 2,778 |
| — |
| 2,778 |
| — |
| | — |
| — |
| — |
| — |
| High Yield | 266 |
| — |
| 266 |
| — |
| | 2,674 |
| — |
| 2,674 |
| — |
| Global Real Estate | 241 |
| — |
| 241 |
| — |
| | 2,894 |
| — |
| 2,894 |
| — |
| U.S. Equity Index | 196 |
| — |
| 196 |
| — |
| | 2,183 |
| — |
| 2,183 |
| — |
| International Equities | 182 |
| — |
| 182 |
| — |
| | 2,034 |
| — |
| 2,034 |
| — |
| U.S. Small Cap | 95 |
| — |
| 95 |
| — |
| | 1,122 |
| — |
| 1,122 |
| — |
| Total | $ | 55,636 |
| $ | 25,035 |
| $ | 30,601 |
| $ | — |
| | $ | 55,292 |
| $ | 1,096 |
| $ | 54,196 |
| $ | — |
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