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BENEFIT PLANS (Tables)
12 Months Ended
Feb. 01, 2014
BENEFIT PLANS  
Schedule of pension expense

 

 
  Year Ended  
(dollar amounts in thousands)
  February 2,
2013
  January 28,
2012
 

Service cost

  $   $  

Interest cost

    2,170     2,558  

Expected return on plan assets

    (2,658 )   (2,745 )

Amortization of prior service cost

    13     14  

Recognized actuarial loss

    1,896     1,499  
           

Net Period Pension Cost

    1,421     1,326  

Settlement Charge

    17,753      
           

Net Period Pension Cost

  $ 19,174   $ 1,326  
           
           
Schedule of actuarial assumptions used to determine benefit obligation and pension expense

 

 

 
  Year Ended  
 
  February 2,
2013
  January 28,
2012
 

Benefit obligation assumptions:

             

Discount rate

    N/A     4.60 %

Rate of compensation increase

    N/A     N/A  

Pension expense assumptions:

             

Discount rate

    4.60 %   5.70 %

Expected return on plan assets

    6.80 %   6.80 %

Rate of compensation expense

    N/A     N/A  
Schedule of reconciliation of the benefit obligation, fair value of plan assets and funded status

 

 

 
  Year ended  
(dollar amounts in thousands)
  February 2,
2013
 

Change in benefit obligation:

       

Benefit obligation at beginning of year

  $ 53,974  

Interest cost

    2,170  

Actuarial loss

    3,621  

Settlements paid

    (58,134 )

Benefits paid

    (1,631 )
       

Benefit obligation at end of year

  $  
       
       

Change in plan assets:

       

Fair value of plan assets at beginning of year

  $ 43,602  

Actual return on plan assets (net of expenses)

    2,050  

Employer contributions

    14,113  

Settlements paid

    (58,134 )

Benefits paid

    (1,631 )
       

Fair value of plan assets at end of year

  $  
       
       

Unfunded status at fiscal year end

  $  
       
       

Net amounts recognized on consolidated balance sheet at fiscal year end

       

Noncurrent benefit liability (included in other long-term liabilities)

  $  
       

Net amount recognized at fiscal year end

  $  
       
       

Amounts recognized in accumulated other comprehensive income (pre-tax) at fiscal year end

       

Actuarial loss

  $  

Prior service cost

     
       

Net amount recognized at fiscal year end

  $  
       
       

Other comprehensive (income) loss attributable to change in pension liability recognition

  $ (15,433 )

Accumulated benefit obligation at fiscal year end

  $  

Other information

       

Employer contributions expected in fiscal 2013

  $  

Estimated actuarial loss and prior service cost amortization in fiscal 2013

  $  
Schedule of weighted average asset allocations and asset allocation ranges by asset category

 

 

 
  January 28,
2012
  Asset Allocation
Ranges
 

Total equities

    50 %   45 - 55 %

Domestic equities

    32 %   28 - 38 %

Non-US equities

    18 %   12 - 22 %

Fixed income

    50 %   45 - 55 %
Summary of changes in fair value of Level 3 financial assets

 

 

(dollar amounts in thousands)
  Fair
Value
 

Balance, January 28, 2012

  $ 1,334  

Transfers from other investments

     

Interest income and gains

    116  

Administrative fees

    (72 )

Benefits paid during the period

    (1,378 )
       

Balance, February 2, 2013

  $