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Basis of Presentation (Tables)
9 Months Ended
Nov. 01, 2014
Accounting Policies [Abstract]  
Other Comprehensive Income and Reclassifications from AOCI

Other comprehensive income and reclassifications from AOCI for the three and nine months ended November 1, 2014 and November 2, 2013 are as follows:

 

 

 

November 1, 2014

 

 

November 2, 2013

 

For the three months ended:

 

(in thousands)

 

 

 

Pension

Plans

 

 

Foreign

Currency

 

 

Total

 

 

Pension

Plans

 

 

Foreign

Currency

 

 

Total

 

Balance at beginning of the quarter

 

$

(4,270

)

 

$

94

 

 

$

(4,176

)

 

$

(5,635

)

 

$

95

 

 

$

(5,540

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss) before

   reclassifications, net of taxes

 

 

82

 

 

 

(144

)

 

 

(62

)

 

 

43

 

 

 

62

 

 

 

105

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amounts reclassified from accumulated other

   comprehensive income (loss), net of taxes  (1)

 

 

65

 

 

 

 

 

 

65

 

 

 

66

 

 

 

 

 

 

66

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss) for the period

 

 

147

 

 

 

(144

)

 

 

3

 

 

 

109

 

 

 

62

 

 

 

171

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at end of quarter

 

$

(4,123

)

 

$

(50

)

 

$

(4,173

)

 

$

(5,526

)

 

$

157

 

 

$

(5,369

)

 

 

 

 

November 1, 2014

 

 

November 2, 2013

 

For the nine months ended:

 

(in thousands)

 

 

 

Pension

Plans

 

 

Foreign

Currency

 

 

Total

 

 

Pension

Plans

 

 

Foreign

Currency

 

 

Total

 

Balance at beginning of fiscal year

 

$

(4,547

)

 

$

(13

)

 

$

(4,560

)

 

$

(5,828

)

 

$

267

 

 

$

(5,561

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss) before

   reclassifications, net of taxes

 

 

246

 

 

 

(37

)

 

 

209

 

 

 

129

 

 

 

(110

)

 

 

19

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amounts reclassified from accumulated other

   comprehensive income (loss), net of taxes  (2)

 

 

178

 

 

 

 

 

 

178

 

 

 

173

 

 

 

 

 

 

173

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss) for the period

 

 

424

 

 

 

(37

)

 

 

387

 

 

 

302

 

 

 

(110

)

 

 

192

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at end of quarter

 

$

(4,123

)

 

$

(50

)

 

$

(4,173

)

 

$

(5,526

)

 

$

157

 

 

$

(5,369

)

 

(1)

Includes the amortization of the unrecognized (gain)/loss on pension plans which was charged to “Selling, General and Administrative” Expense on the Consolidated Statement of Operations for all periods presented. The amortization of the unrecognized loss, before tax, was $65,000 and $109,000 for the three months ended November 1, 2014 and November 2, 2013, respectively. The corresponding tax benefit was $43,000 for the three months ended November 2, 2013. There was no tax benefit for the three months ended November 1, 2014.

(2)

For the nine months ended November 1, 2014 and November 2, 2013, the amortization of the unrecognized loss, before tax, was $178,000 and $285,000, respectively. The corresponding tax benefit was $112,000 for the nine months ended November 2, 2013. There was no tax benefit for the nine months ended November 1, 2014.