Employee Benefit Plans (Tables)

12 Months Ended

Jan. 31, 2015

Defined Benefit Plan Disclosure [Line Items]

Schedule of Estimated Future Benefits for Next Ten Fiscal Years

The estimated future benefits for the next ten fiscal years are as follows:

	Total
FISCAL YEAR	(in thousands)
2015	$	695
2016		723
2017		794
2018		837
2019		881
2020-2024		5,181
	$	9,111

Fair Value of Noncontributory Defined Benefit Retirement Plan Assets

The fair values of the Company’s noncontributory defined benefit retirement plan assets at the end of fiscal 2014 and fiscal 2013, by asset category, are as follows:

	Fair Value Measurement
	At January 31, 2015								At February 1, 2014
(in thousands)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level3)		Total		Quoted Prices in Active Markets for Identical Assets (Level1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level3)		Total
Asset category:
Common Stock	$	7,103	$	—	$	—	$	7,103	$	6,838	$	—	$	—	$	6,838
Mutual Funds:
U.S. Equity		472		—		—		472		504		—		—		504
International Equity		1,808		—		—		1,808		1,695		—		—		1,695
Bond		2,474		—		—		2,474		3,146		—		—		3,146
Cash		1,088		—		—		1,088		442		—		—		442
Total	$	12,945	$	—	$	—	$	12,945	$	12,625	$	—	$	—	$	12,625

Target Asset Allocation

The Company’s target asset allocation for fiscal 2015 and its asset allocation at January 31, 2015 and February 1, 2014 were as follows, by asset category:

	Target Allocation			Percentage of plan assets at
	Fiscal 2015			January 31, 2015			February 1, 2014
Asset category:
Equity securities		73.0	%		72.5	%		71.5	%
Debt securities		24.0	%		19.1	%		24.9	%
Cash		3.0	%		8.4	%		3.6	%
Total		100.0	%		100.0	%		100.0	%

Noncontributory Pension Plan

Defined Benefit Plan Disclosure [Line Items]

Pension and Retirement Plan's Funded Status

The following table sets forth the Pension Plan’s funded status at January 31, 2015 and February 1, 2014:

	January 31, 2015			February 1, 2014
	in thousands
Change in benefit obligation:
Balance at beginning of period	$	15,685		$	16,154
Benefits and expenses paid		(623	)		(587	)
Interest costs		669			651
Settlements		(226	)		(17	)
Actuarial (gain) loss		3,422			(516	)
Balance at end of year	$	18,927		$	15,685
Change in fair value of plan assets
Balance at beginning of period	$	12,625		$	11,813
Actual return on plan assets		701			995
Employer contributions		468			421
Settlements		(226	)		(17	)
Benefits and expenses paid		(623	)		(587	)
Balance at end of period	$	12,945		$	12,625
Reconciliation of Funded Status
Projected benefit obligation	$	18,927		$	15,685
Fair value of plan assets		12,945			12,625
Unfunded Status	$	(5,982	)	$	(3,060	)
Balance Sheet Classification
Other long-term liabilities	$	5,982		$	3,060

Total Plan Expense, Other Amounts, and Other Changes Recognized in Accumulated Other Comprehensive Loss

Total plan expense and other amounts recognized in accumulated other comprehensive loss for the years ended January 31, 2015, February 1, 2014 and February 2, 2013 include the following components:

	January 31, 2015			February 1, 2014			February 2, 2013
Net pension cost:	(in thousands)
Interest cost on projected benefit obligation	$	669		$	651		$	661
Expected return on plan assets		(1,002	)		(937	)		(814	)
Amortization of unrecognized loss		591			680			669
Net pension cost	$	258		$	394		$	516
Other changes recognized in other comprehensive loss,    before taxes:
Unrecognized losses at the beginning of the year	$	6,614		$	7,868		$	8,097
Net periodic pension cost		(258	)		(394	)		(516	)
Employer contribution		468			421			723
Change in plan assets and benefit obligations		2,922			(1,281	)		(436	)
Unrecognized losses at the end of year	$	9,746		$	6,614		$	7,868

Supplemental Executive Retirement Plan

Defined Benefit Plan Disclosure [Line Items]

Pension and Retirement Plan's Funded Status

The following table sets forth the SERP’s funded status at January 31, 2015 and February 1, 2014:

	January 31, 2015			February 1, 2014
	in thousands
Change in benefit obligation:
Balance at beginning of period	$	629		$	656
Benefits and expenses paid		(30	)		(30	)
Interest costs		27			26
Actuarial (gain) loss		119			(23	)
Balance at end of year	$	745		$	629
Change in fair value of plan assets
Balance at beginning of period	$	—		$	—
Employer contributions		30			30
Benefits and expenses paid		(30	)		(30	)
Balance at end of period	$	—		$	—
Projected benefit obligation	$	745		$	629
Reconciliation of Funded Status
Projected benefit obligation	$	745		$	629
Fair value of plan assets		—			—
Unfunded Status	$	(745	)	$	(629	)
Balance Sheet Classification
Other long-term liabilities	$	745		$	629

Total Plan Expense, Other Amounts, and Other Changes Recognized in Accumulated Other Comprehensive Loss

Other changes recognized in other comprehensive loss, before taxes (in thousands):

	January 31, 2015			February 1, 2014			February 2, 2013
Other changes recognized in other comprehensive loss,    before taxes:	in thousands
Unrecognized losses at the beginning of the year	$	142		$	171		$	144
Net periodic pension cost		(31	)		(30	)		(30	)
Employer contribution		30			30			30
Change in  benefit obligations		115			(29	)		27
Unrecognized losses at the end of year	$	256		$	142		$	171