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Defined Benefit Plans (Tables)
 12 Months Ended
Feb. 01, 2020
Defined Benefit Plan [Abstract]  
Schedule of net periodic defined benefit pension cost and other charges to comprehensive income (loss) and accumulated other comprehensive income (loss)
The components of net periodic defined benefit pension cost to accumulated comprehensive income (loss) for fiscal 2020, fiscal 2019 and fiscal 2018 related to the Company’s defined benefit plans are as follows (in thousands):
 
Year Ended February 1, 2020
 
SERP
 
Foreign Pension
Plans
 
Total
Service cost
$
—

 
$
3,211

 
$
3,211

Interest cost
1,924

 
270

 
2,194

Expected return on plan assets
—

 
(310
)
 
(310
)
Net amortization of unrecognized prior service credit
—

 
(39
)
 
(39
)
Net amortization of actuarial losses
62

 
384

 
446

Net periodic defined benefit pension cost
$
1,986

 
$
3,516


$
5,502

 
 
 
 
 
 
Unrecognized prior service credit charged to comprehensive income (loss)
$
—

 
$
(39
)
 
$
(39
)
Unrecognized net actuarial loss charged to comprehensive income (loss)
62

 
384

 
446

Net actuarial gains (losses)
449

 
(43
)
 
406

Foreign currency and other adjustments
—

 
(34
)
 
(34
)
Related tax impact
(118
)
 
50

 
(68
)
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss)
$
393

 
$
318

 
$
711


 
Year Ended February 2, 2019
 
SERP
 
Foreign Pension
Plans
 
Total
Service cost
$
—

 
$
3,039

 
$
3,039

Interest cost
1,887

 
225

 
2,112

Expected return on plan assets
—

 
(303
)
 
(303
)
Net amortization of unrecognized prior service credit
—

 
(28
)
 
(28
)
Net amortization of actuarial losses
187

 
413

 
600

Net periodic defined benefit pension cost
$
2,074

 
$
3,346


$
5,420

 
 
 
 
 
 
Unrecognized prior service credit charged to comprehensive income (loss)
$
—

 
$
(28
)
 
$
(28
)
Unrecognized net actuarial loss charged to comprehensive income (loss)
187

 
413

 
600

Net actuarial gains (losses)
2,787

 
(1,054
)
 
1,733

Foreign currency and other adjustments
—

 
311

 
311

Related tax impact
(686
)
 
82

 
(604
)
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss)
$
2,288

 
$
(276
)

$
2,012

 
Year Ended February 3, 2018
 
SERP
 
Foreign Pension
Plans
 
Total
Service cost
$
—

 
$
2,500

 
$
2,500

Interest cost
1,844

 
147

 
1,991

Expected return on plan assets
—

 
(244
)
 
(244
)
Net amortization of unrecognized prior service credit
—

 
(27
)
 
(27
)
Net amortization of actuarial losses
151

 
311

 
462

Net periodic defined benefit pension cost
$
1,995

 
$
2,687

 
$
4,682

 
 
 
 
 
 
Unrecognized prior service credit charged to comprehensive income (loss)
$
—

 
$
(27
)
 
$
(27
)
Unrecognized net actuarial loss charged to comprehensive income (loss)
151

 
311

 
462

Net actuarial losses
(1,092
)
 
(1,156
)
 
(2,248
)
Foreign currency and other adjustments
—

 
(269
)
 
(269
)
Related tax impact
360

 
75

 
435

Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss)
(581
)
 
(1,066
)
 
(1,647
)
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance 1
(1,435
)
 
—

 
(1,435
)
Total periodic defined benefit pension cost and other charges to accumulated other comprehensive income (loss)
$
(2,016
)
 
$
(1,066
)
 
$
(3,082
)

______________________________________________________________________
1 
During the fourth quarter of fiscal 2018, the Company early adopted authoritative guidance which addresses certain stranded income tax effects in accumulated other comprehensive loss resulting from the Tax Reform enacted in December 2017. As a result, the Company recorded a cumulative adjustment to increase retained earnings by $1.4 million with a corresponding reduction to accumulated other comprehensive loss related to the Company’s SERP.
Schedule of accumulated other comprehensive income (loss), before tax, that have not yet been recognized in net periodic defined benefit pension cost
Included in accumulated other comprehensive income (loss), before tax, as of February 1, 2020 and February 2, 2019 are the following amounts that have not yet been recognized in net periodic defined benefit pension cost (in thousands):
 
Feb 1, 2020
 
Feb 2, 2019
 
SERP
 
Foreign Pension
Plans
 
Total
 
SERP
 
Foreign Pension
Plans
 
Total
Unrecognized prior service credit
$
—

 
$
(227
)
 
$
(227
)
 
$
—

 
$
(159
)
 
$
(159
)
Unrecognized net actuarial loss
5,969

 
5,093

 
11,062

 
6,480

 
5,293

 
11,773

Total included in accumulated other comprehensive loss
$
5,969

 
$
4,866

 
$
10,835

 
$
6,480

 
$
5,134

 
$
11,614
Schedule of the funded status of the Company's defined benefit plans and the amounts recognized in the Company's consolidated balance sheets
The following table summarizes the funded status of the Company’s defined benefit plans and the amounts recognized in the Company’s consolidated balance sheets (in thousands):
 
Feb 1, 2020
 
Feb 2, 2019
 
SERP
 
Foreign Pension
Plans
 
Total
 
SERP
 
Foreign Pension
Plans
 
Total
Projected benefit obligation
$
(51,939
)
 
$
(34,779
)
 
$
(86,718
)
 
$
(52,162
)
 
$
(31,105
)
 
$
(83,267
)
Plan assets at fair value 1
—

 
28,893

 
28,893

 
—

 
25,358

 
25,358

Net liability 2
$
(51,939
)
 
$
(5,886
)
 
$
(57,825
)
 
$
(52,162
)
 
$
(5,747
)
 
$
(57,909
)

______________________________________________________________________
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 $67.7 million and $61.7 million as of February 1, 2020 and February 2, 2019, respectively.
2 
The net liability was included in accrued expenses and other long-term liabilities in the Company’s consolidated balance sheets depending on the expected timing of payments.
Schedule of reconciliation of the changes in the projected benefit obligation
A reconciliation of the changes in the projected benefit obligation for fiscal 2020 and fiscal 2019 is as follows (in thousands):
 
Projected Benefit Obligation
 
SERP
 
Foreign Pension
Plans
 
Total
Balance at February 3, 2018
$
54,760

 
$
26,409

 
$
81,169

Service cost
—

 
3,039

 
3,039

Interest cost
1,887

 
225

 
2,112

Actuarial (gains) losses
(2,787
)
 
1,054

 
(1,733
)
Contributions by plan participants
—

 
2,310

 
2,310

Payments
(1,698
)
 
(1,824
)
 
(3,522
)
Acquisition
—

 
1,539

 
1,539

Foreign currency and other adjustments
—

 
(1,647
)
 
(1,647
)
Balance at February 2, 2019
$
52,162


$
31,105


$
83,267

Service cost
—

 
3,211

 
3,211

Interest cost
1,924

 
270

 
2,194

Actuarial gains
(449
)
 
(82
)
 
(531
)
Contributions by plan participants
—

 
2,920

 
2,920

Payments
(1,698
)
 
(3,292
)
 
(4,990
)
Foreign currency and other adjustments
—

 
647

 
647

Balance at February 1, 2020
$
51,939


$
34,779


$
86,718
Schedule of reconciliation of the changes in plan assets for foreign pension plans A reconciliation of the changes in plan assets for the Company’s foreign pension plans for fiscal 2020 and fiscal 2019 is as follows (in thousands):
 
Plan Assets
Balance at February 3, 2018
$
21,437

Actual return on plan assets
252

Contributions by employer
3,308

Contributions by plan participants
2,310

Payments
(1,824
)
Acquisition
1,186

Foreign currency and other adjustments
(1,311
)
Balance at February 2, 2019
$
25,358

Actual return on plan assets
186

Contributions by employer
3,158

Contributions by plan participants
2,920

Payments
(3,292
)
Foreign currency and other adjustments
563

Balance at February 1, 2020
$
28,893