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Supplemental Executive Retirement Plan (Tables)
 12 Months Ended
Feb. 01, 2014
Compensation and Retirement Disclosure [Abstract]  
Schedule of periodic costs and other charges to comprehensive income
The components of net periodic pension cost to comprehensive income for fiscal 2014, fiscal 2013 and fiscal 2012 were as follows (in thousands):
 
Year Ended
 
Year Ended
 
Year Ended
 
Feb 1, 2014
 
Feb 2, 2013
 
Jan 28, 2012
Interest cost
$
2,345

 
$
2,392

 
$
2,641

Net amortization of unrecognized prior service cost
194

 
620

 
940

Net amortization of actuarial losses
1,108

 
3,340

 
2,048

Curtailment expense
—

 
—

 
1,242

Net periodic defined benefit pension cost
$
3,647

 
$
6,352

 
$
6,871

Unrecognized prior service cost charged to comprehensive income
$
194

 
$
620

 
$
940

Unrecognized net actuarial loss charged to comprehensive income
1,108

 
3,340

 
2,048

Actuarial gains (losses)
1,751

 
3,508

 
(9,342
)
Plan amendment
4,529

 
—

 
—

Curtailment expense
—

 
—

 
1,242

Related tax impact
(2,963
)
 
(2,855
)
 
2,057

Total periodic costs and other charges to comprehensive income
$
4,619

 
$
4,613

 
$
(3,055
)
Schedule of accumulated other comprehensive income, before tax, that have not yet been recognized in net periodic benefit cost
Included in accumulated other comprehensive income (loss), before tax, as of February 1, 2014 and February 2, 2013 were the following amounts that have not yet been recognized in net periodic benefit cost (in thousands):
 
Feb 1, 2014
 
Feb 2, 2013
Unrecognized prior service (credit) cost (1)
$
(1,981
)
 
$
2,742

Unrecognized net actuarial loss
12,974

 
15,832

Total included in accumulated other comprehensive income (loss)
$
10,993

 
$
18,574

_______________________________________________________________________________
(1)
During fiscal 2014, the Company amended the SERP to limit the amount of eligible wages under the plan that count toward the SERP benefit for the active participant. As a result, unrecognized prior service cost was reduced by $4.5 million during fiscal 2014.
Schedule of SERP's funded status and the amount recognized in consolidated balance sheets
The following chart summarizes the SERP’s funded status and the amounts recognized in the Company’s consolidated balance sheets (in thousands):
 
Feb 1, 2014
 
Feb 2, 2013
Projected benefit obligation
$
(54,704
)
 
$
(58,639
)
Plan assets at fair value (1)
—

 
—

Net liability (included in other long-term liabilities)
$
(54,704
)
 
$
(58,639
)
_______________________________________________________________________________
(1)
The SERP is a non-qualified pension plan and hence the insurance policies are not considered to be plan assets. Accordingly, the table above does not include the insurance policies with cash surrender values of $51.4 million and $47.9 million at February 1, 2014 and February 2, 2013, respectively.
Schedule of reconciliation of the changes in the projected benefit obligation
A reconciliation of the changes in the projected benefit obligation for fiscal 2014 and fiscal 2013 is as follows (in thousands):
 
Projected Benefit
Obligation
Balance at January 28, 2012
$
59,755

Interest cost
2,392

Actuarial gains
(3,508
)
Balance at February 2, 2013
$
58,639

Interest cost
2,345

Plan amendment
(4,529
)
Actuarial gains
(1,751
)
Balance at February 1, 2014
$
54,704