Pension and Savings Plans

9 Months Ended

May 09, 2015

Compensation and Retirement Disclosure [Abstract]

Pension and Savings Plans

Note G – Pension and Savings Plans

The components of net periodic pension expense related to the Company’s pension plans consisted of the following:

	Twelve Weeks Ended						Thirty-Six Weeks Ended
(in thousands)	May 9, 2015			May 10, 2014			May 9, 2015			May 10, 2014
Interest cost	$	2,847		$	3,016		$	8,542		$	9,048
Expected return on plan assets		(3,757	)		(3,550	)		(11,272	)		(10,650	)
Amortization of net loss		2,063			1,587			6,190			4,761
Net periodic pension expense	$	1,153		$	1,053		$	3,460		$	3,159

The Company makes contributions in amounts at least equal to the minimum funding requirements of the Employee Retirement Income Security Act of 1974, as amended by the Pension Protection Act of 2006. During the thirty-six week period ended May 9, 2015, the Company made contributions to its funded plan in the amount of $3.9 million. The Company expects to contribute approximately $13.0 million to the plan during the remainder of fiscal 2015; however, a change to the expected cash funding may be impacted by a change in interest rates or a change in the actual or expected return on plan assets.