XML 41 R31.htm IDEA: XBRL DOCUMENT v3.23.3
Basis of Presentation - Other Comprehensive Income (Loss) and Reclassifications from AOCI (Parenthetical) (Details) - USD ($)
3 Months Ended 9 Months Ended
Oct. 28, 2023
Oct. 29, 2022
Oct. 28, 2023
Oct. 29, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Income tax expense (benefit) $ 1,743,000 $ 2,083,000 $ 8,436,000 $ (32,944,000)
Retirement Plans        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Recognition of loss on retirement plan termination, net of taxes [1] 31,000   3,111,000  
Expenses recognized [2] (35,000) 9,000 (103,000) 29,000
Retirement Plans | Selling, General and Administrative Expense        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Expenses recognized before tax 47,000   139,000  
Expenses recognized 35,000   103,000  
Retirement Plans | Supplemental Executive Retirement Plan        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Recognition of loss on retirement plan termination, before taxes 31,000   4.2  
Recognition of loss on retirement plan termination, net of taxes $ 0   $ 3,100,000  
Reclassification out of Accumulated Other Comprehensive Income | Retirement Plans        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Income recognized due to change in amortization   9,000   29,000
Income tax expense (benefit)   $ 0   $ 0
[1] In connection with the Company's decision to terminate its frozen retirement plans, the Company completed a termination of its Supplemental Executive Retirement Plan ("SERP") in the third quarter of fiscal 2023 and recognized the loss in AOCI of $31,000, with no related tax effect. Results for the nine months ended October 28, 2023 also reflect the partial settlement of the Pension Plan which resulted in the recognition of $4.2 million loss on termination, or $3.1 million net of taxes.
[2] Includes the amortization of the unrecognized loss on retirement plans, which was charged to “Selling, General and Administrative” Expense on the Consolidated Statements of Operations for all periods presented. The Company recognized expense of $47,000, or $35,000 net of taxes, for the three months ended October 28, 2023 and expense of $139,000, or $103,000 net of taxes, for the nine months ended October 28, 2023. For the three and nine months ended October 29, 2022, the Company recognized income of $9,000 and $29,000, respectively, as a result of a change in amortization from average remaining future service to average remaining lifetime. There was no related tax effect for the three and nine months ended October 29, 2022.