Employee Benefit Plans (Tables)

12 Months Ended

Jan. 28, 2017

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)
2017	$	804
2018		836
2019		867
2020		945
2021		977
2022-2026		5,145
	$	9,574

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 2016 and fiscal 2015, by asset category, were as follows:

	Fair Value Measurement
	January 28, 2017								January 30, 2016
(in thousands)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Asset category:
Common Stock :
U.S.	$	2,645	$	—	$	—	$	2,645	$	6,537	$	—	$	—	$	6,537
Foreign		210		—		—		210		—		—		—		—
Mutual Funds:
U.S. Equity		2,153		—		—		2,153		407		—		—		407
International Equity		2,039		—		—		2,039		1,596		—		—		1,596
Bond		4,418		—		—		4,418		2,914		—		—		2,914
Real Estate Investment Trust		6		—		—		6		—		—		—		—
Cash		263		—		—		263		515		—		—		515
Total	$	11,734	$	—	$	—	$	11,734	$	11,969	$	—	$	—	$	11,969

Target Asset Allocation

The Company’s target asset allocation for fiscal 2017 and its asset allocation at January 28, 2017 and January 30, 2016 were as follows, by asset category:

	Target Allocation			Percentage of plan assets at
	Fiscal 2017			January 28, 2017			January 30, 2016
Asset category:
Equity securities		60.0	%		60.1	%		71.4	%
Debt securities		38.0	%		37.7	%		24.3	%
Cash		2.0	%		2.2	%		4.3	%
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 28, 2017 and January 30, 2016:

	January 28, 2017			January 30, 2016
	in thousands
Change in benefit obligation:
Balance at beginning of period	$	16,845		$	18,927
Benefits and expenses paid		(733	)		(668	)
Interest costs		686			634
Settlements		(346	)		(21	)
Actuarial (gain) loss		4			(2,027	)

Balance at end of year	$	16,456		$	16,845

Change in fair value of plan assets
Balance at beginning of period	$	11,969		$	12,945
Actual return on plan assets		844			(433	)
Employer contributions		—			146
Settlements		(346	)		(21	)
Benefits and expenses paid		(733	)		(668	)

Balance at end of period	$	11,734		$	11,969

Reconciliation of Funded Status
Projected benefit obligation	$	16,456		$	16,845
Fair value of plan assets		11,734			11,969
Unfunded Status	$	(4,722	)	$	(4,876	)

Balance Sheet Classification
Other long-term liabilities	$	4,722		$	4,876

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 28, 2017, January 30, 2016 and January 31, 2015 include the following components:

	January 28, 2017			January 30, 2016			January 31, 2015
Net pension cost:	(in thousands)
Interest cost on projected benefit obligation	$	686		$	634		$	669
Expected return on plan assets		(927	)		(1,013	)		(1,002	)
Amortization of unrecognized loss		946			1,026			591
Net pension cost	$	705		$	647		$	258

Other changes recognized in other comprehensive loss, before taxes:
Unrecognized losses at the beginning of the year	$	8,139		$	9,746		$	6,614
Net periodic pension cost		(705	)		(647	)		(258	)
Employer contribution		—			146			468
Change in plan assets and benefit obligations		(154	)		(1,106	)		2,922
Unrecognized losses at the end of year	$	7,280		$	8,139		$	9,746

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 28, 2017 and January 30, 2016:

	January 28, 2017			January 30, 2016
	in thousands
Change in benefit obligation:
Balance at beginning of period	$	670		$	745
Benefits and expenses paid		(30	)		(30	)
Interest costs		27			25
Actuarial (gain) loss		(15	)		(70	)
Balance at end of year	$	652		$	670

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	$	652		$	670

Reconciliation of Funded Status
Projected benefit obligation	$	652		$	670
Fair value of plan assets		—			—
Unfunded Status	$	(652	)	$	(670	)

Balance Sheet Classification
Other long-term liabilities	$	652		$	670

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 28, 2017			January 30, 2016			January 31, 2015
Other changes recognized in other comprehensive loss, before taxes:	in thousands
Unrecognized losses at the beginning of the year	$	178		$	256		$	142
Net periodic pension cost		(33	)		(34	)		(31	)
Employer contribution		30			30			30
Change in benefit obligations		(18	)		(74	)		115
Unrecognized losses at the end of year	$	157		$	178		$	256