RETIREMENT AND BENEFIT PLANS (Tables)

12 Months Ended

Feb. 02, 2014

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

Reconciliations of the changes in the projected benefit obligation (Pension Plans and SERP Plans) and the accumulated benefit obligation (Postretirement Plans) for each of the last two years were as follows:



	Pension Plans						SERP Plans						Postretirement Plans
	2013			2012			2013			2012			2013			2012
Balance at beginning of year	$	406,395		$	359,727		$	74,861		$	71,717		$	16,036		$	18,247
Acquisition of Warnaco	182,379			—			165			—			4,472			—
Service cost	18,721			15,315			4,415			3,579			83			—
Interest cost	26,395			17,974			3,619			3,366			863			798
Benefit payments	(30,541		)	(14,456		)	(4,392		)	(2,674		)	—			—
Benefit payments, net of retiree contributions	—			—			—			—			(2,150		)	(1,959		)
Plan curtailments	—			—			—			—			(2,172		)	—
Plan settlements	—			—			—			(6,977		)	—			—
Medicare subsidy	—			—			—			—			14			56
Actuarial (gain) loss	(31,838		)	27,835			2,120			5,850			(1,046		)	(1,106		)
Balance at end of year	$	571,511		$	406,395		$	80,788		$	74,861		$	16,100		$	16,036

Schedule of Changes in Fair Value of Plan Assets [Table Text Block]

Reconciliations of the fair value of the assets held by the Company’s Pension Plans and the plans’ funded status for each of the last two years were as follows:



	2013			2012
Fair value of plan assets at beginning of year	$	384,022		$	268,505
Acquisition of Warnaco	143,547			—
Actual return, net of plan expenses	58,572			24,973
Benefit payments	(30,541		)	(14,456		)
Company contributions	60,000			105,000
Fair value of plan assets at end of year	$	615,600		$	384,022
Funded status at end of year	$	44,089		$	(22,373	)

Schedule of Amounts Recognized in Balance Sheet [Table Text Block]

Amounts recognized in the Company’s Consolidated Balance Sheets were as follows:



	Pension Plans						SERP Plans						Postretirement Plans
	2013			2012			2013			2012			2013			2012
Non-current assets	$	49,505		$	—		$	—		$	—		$	—		$	—
Current liabilities	—			—			(6,508		)	(7,021		)	(2,103		)	(1,965		)
Non-current liabilities	(5,416		)	(22,373		)	(74,280		)	(67,840		)	(13,997		)	(14,071		)
Net amount recognized	$	44,089		$	(22,373	)	$	(80,788	)	$	(74,861	)	$	(16,100	)	$	(16,036	)

Schedule of Net Periodic Benefit Cost Not yet Recognized [Table Text Block]

Pre-tax amounts in AOCI that, as of the end of each applicable fiscal year, had not yet been recognized as components of net benefit cost were as follows:



	Pension Plans						SERP Plans				Postretirement Plans
	2013			2012			2013		2012		2013		2012
Prior service (cost) credit	$	(10	)	$	(16	)	$	204	$	272	$	1,438	$	2,255

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]

Pre-tax amounts in AOCI as of February 2, 2014 expected to be recognized as components of net benefit cost in 2014 were as follows:



	Pension Plans			SERP Plans		Postretirement Plan
Prior service (cost) credit	$	(5	)	$	68	$	775

Schedule of Allocation of Plan Assets [Table Text Block]

In accordance with the fair value hierarchy described in Note 10, “Fair Value Measurements,” the following tables show the fair value of the total assets of the Company’s Pension Plans for each major category as of February 2, 2014 and February 3, 2013:



			Fair Value Measurements as of February 2, 2014⁽¹¹⁾
Asset Category	Total		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Equity securities:
United States equities⁽¹⁾	$	244,700	$	244,700	$	—	$	—
International equities⁽¹⁾	23,991		23,991		—		—
United States equity fund⁽²⁾	19,298		—		19,298		—
International equity fund⁽³⁾	63,433		63,433		—		—
Fixed income securities:
Government securities⁽⁴⁾	51,592		—		51,592		—
Corporate securities⁽⁴⁾	168,560		—		168,560		—
Asset and mortgage-backed securities⁽⁴⁾	10,331		—		10,331		—
Short-term investment funds⁽⁵⁾	27,002		—		27,002		—
Total return mutual fund⁽⁶⁾	5,312		5,312		—		—
Subtotal	$	614,219	$	337,436	$	276,783	$	—
Other assets and liabilities⁽⁷⁾	1,381
Total	$	615,600



			Fair Value Measurements as of February 3, 2013⁽¹¹⁾
Asset Category	Total		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Equity securities:
United States equities⁽¹⁾	$	65,101	$	65,101	$	—	$	—
International equities⁽¹⁾	1,266		1,266		—		—
Global equity mutual fund⁽⁸⁾	16,373		16,373		—		—
United States equity fund⁽⁹⁾	42,183		42,183		—		—
International equity commingled fund⁽¹⁰⁾	46,976		—		46,976		—
Fixed income securities:
Government securities⁽⁴⁾	19,356		—		19,356		—
Corporate securities⁽⁴⁾	86,982		—		86,982		—
Short-term investment funds⁽⁵⁾	99,297		—		99,297		—
Total return mutual fund⁽⁶⁾	4,784		4,784		—		—
Subtotal	$	382,318	$	129,707	$	252,611	$	—
Other assets and liabilities⁽⁷⁾	1,704
Total	$	384,022

⁽¹⁾Valued at the closing price or unadjusted quoted price in the active market in which the individual securities are traded.


⁽²⁾	Valued at the net asset value of the fund, as determined by a pricing vendor or the fund family. The Company has the ability to redeem these investments at net asset value within the near term and therefore classifies these investments within Level 2. This commingled fund invests in United States large cap equities that track the Russell 1000 Index.


⁽³⁾	Valued at the net asset value of the fund, as determined by the closing price in the active market in which the individual fund is traded. This mutual fund invests in a portfolio of equities outside the United States.


⁽⁴⁾	Valued with bid evaluation pricing where the inputs are based on actual trades in active markets, when available, as well as observable market inputs that include actual and comparable trade data, market benchmarks, broker quotes, trading spreads and/or other applicable data.


⁽⁵⁾	Valued at the net asset value of the funds, as determined by a pricing vendor or the fund family. The Company has the ability to redeem these investments at net asset value within the near term and therefore classifies these investments within Level 2. These funds invest in high-grade, short-term, money market instruments.


⁽⁶⁾	Valued at the net asset value of the fund, as determined by the closing price in the active market in which the individual fund is traded. This fund invests in both equity securities and fixed income securities seeking a high total return.


⁽⁷⁾	This category includes other pension assets and liabilities such as pending trades and accrued income.


⁽⁸⁾	Valued at the net asset value of the fund, as determined by the closing price in the active market in which the individual fund is traded. This fund invests in a portfolio of United States and international equities seeking long-term growth of principal and income.


⁽⁹⁾	Valued at the closing price in the active market in which this fund is traded. This fund invests in United States large cap equities that track the Russell 1000 Index.


⁽¹⁰⁾	Valued at the net asset value of the fund, as determined by a pricing vendor or the fund family. The Company has the ability to redeem these investments at net asset value within the near term and therefore classifies these investments within Level 2. This fund invests primarily in equities outside the United States seeking long-term capital appreciation.

⁽¹¹⁾

The Company uses third-party pricing services to determine the fair values of the financial instruments held by the Pension Plans. The Company obtains an understanding of the pricing services’ valuation methodologies and related inputs and validates a sample of prices provided by the pricing services by reviewing prices from other pricing sources and analyzing pricing data in certain instances. The Company has not adjusted any prices received from the third-party pricing services.

Schedule of Net Benefit Costs [Table Text Block]

The components of net benefit cost and other pre-tax amounts recognized in other comprehensive income (loss) in each of the last three years were as follows:



Net Benefit Cost Recognized in Selling, General and Administrative Expenses

	Pension Plans									SERP Plans									Postretirement Plans
	2013			2012			2011			2013			2012			2011			2013			2012			2011
Service cost, including plan expenses	$	19,201		$	15,729		$	11,550		$	4,415		$	3,579		$	3,069		$	83		$	—		$	—
Interest cost	26,395			17,974			17,391			3,619			3,366			3,602			863			798			1,018
Actuarial (gain) loss	(51,441		)	23,398			64,683			2,120			5,850			10,296			(1,046		)	(1,106		)	1,141
Expected return on plan assets	(39,449		)	(20,950		)	(20,514		)	—			—			—			—			—			—
Amortization of prior service cost (credit)	6			6			6			(68		)	(68		)	(68		)	(817		)	(817		)	(817		)
Curtailment gain	—			—			—			—			—			—			(2,172		)	—			—
Total	$	(45,288	)	$	36,157		$	73,116		$	10,086		$	12,727		$	16,899		$	(3,089	)	$	(1,125	)	$	1,342

Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]



Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income

	Pension Plans									SERP Plans						Postretirement Plans
	2013			2012			2011			2013		2012		2011		2013		2012		2011
Prior service cost	$	—		$	1		$	—		$	—	$	—	$	—	$	—	$	—	$	—
Amortization of prior service (cost) credit	(6		)	(6		)	(6		)	68		68		68		817		817		817
(Income) loss recognized in other comprehensive income	$	(6	)	$	(5	)	$	(6	)	$	68	$	68	$	68	$	817	$	817	$	817

Schedule of Expected Benefit Payments [Table Text Block]

The expected benefit payments associated with the Company’s Pension Plans and SERP Plans, and expected benefit payments, net of retiree contributions, associated with the Company’s Postretirement Plans are as follows:



					Postretirement Plans
	Pension Plans		SERP Plans		Excluding Medicare Subsidy Receipts		Expected Medicare Subsidy Receipts
2014	$	27,547	$	6,508	$	2,103	$	73
2015	28,358		6,436		1,981		68
2016	28,851		6,257		1,830		63
2017	29,561		5,704		1,704		58
2018	30,608		6,131		1,598		53
2019-2023	170,170		49,511		6,233		192

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]

The medical health care cost trend rate assumed for 2014 is 6.17% and is assumed to decrease by approximately 0.14% per year through 2023. Thereafter, the rate assumed is 4.95%. If the assumed health care cost trend rate increased or decreased by 1%, the aggregate effect on the service and interest cost components of the net postretirement benefit cost for 2013 and on the accumulated postretirement benefit obligation at February 2, 2014 would be as follows:



	1% Increase		1% Decrease
Impact on service and interest cost	$	81	$	(69	)
Impact on year end accumulated postretirement benefit obligation	1,060		(970		)

Schedule of Assumptions Used [Table Text Block]

Significant weighted average rate assumptions used in determining the projected and accumulated benefit obligations at the end of each year and benefit cost in the following year were as follows:



	2013		2012		2011
Discount rate	5.07	%	4.67	%	5.06	%
Rate of increase in compensation levels (applies to Pension Plans only)	4.33	%	4.34	%	4.31	%
Long-term rate of return on assets (applies to Pension Plans only)	7.25	%	7.25	%	7.75	%

To develop the expected weighted average long-term rate of return on assets assumption, the Company considered the historical level of the risk premium associated with the asset classes in which the portfolio is invested and the expectations for future returns of each asset class. The expected return for each asset class was then weighted based on the target asset allocation to develop the expected long-term rate of return on assets assumption for the portfolio.

Pension Plans [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule of Accumulated and Projected Benefit Obligations [Table Text Block]

In 2013, two of the Company’s Pension Plans had projected benefit obligations and accumulated benefit obligations in excess of plan assets. In 2012, all of the Company’s Pension Plans had projected benefit obligations in excess of plan assets and three of the Company’s Pension Plans had accumulated benefit obligations in excess of plan assets. The balances were as follows:



	2013		2012
Number of plans with projected benefit obligations in excess of plan assets	2		5
Aggregate projected benefit obligation	$	27,735	$	406,395
Aggregate fair value of related plan assets	$	22,319	$	384,022

Number of plans with accumulated benefit obligations in excess of plan assets	2		3
Aggregate accumulated benefit obligation	$	25,391	$	33,730
Aggregate fair value of related plan assets	$	22,319	$	30,583