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Defined Benefit Plans (Tables)
12 Months Ended
Jan. 30, 2021
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [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 2021, fiscal 2020 and fiscal 2019 related to the Company’s defined benefit plans are as follows (in thousands):
Year Ended January 30, 2021
SERPForeign Pension
Plans
Total
Service cost$— $3,155 $3,155 
Interest cost1,277 32 1,309 
Expected return on plan assets— (186)(186)
Net amortization of unrecognized prior service credit— (66)(66)
Net amortization of actuarial losses40 357 397 
Net periodic defined benefit pension cost$1,317 $3,292 $4,609 
Unrecognized prior service credit charged to comprehensive income (loss)$— $(66)$(66)
Unrecognized net actuarial loss charged to comprehensive income (loss)40 357 397 
Net actuarial losses(767)(236)(1,003)
Foreign currency and other adjustments— (383)(383)
Related tax impact168 (21)147 
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss)$(559)$(349)$(908)
Year Ended February 1, 2020
SERPForeign Pension
Plans
Total
Service cost$— $3,211 $3,211 
Interest cost1,924 270 2,194 
Expected return on plan assets— (310)(310)
Net amortization of unrecognized prior service credit— (39)(39)
Net amortization of actuarial losses62 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 $711 
Year Ended February 2, 2019
SERPForeign Pension
Plans
Total
Service cost$— $3,039 $3,039 
Interest cost1,887 225 2,112 
Expected return on plan assets— (303)(303)
Net amortization of unrecognized prior service credit— (28)(28)
Net amortization of actuarial losses187 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)$2,012 
Schedule of accumulated other comprehensive income (loss), before tax, that have not yet been recognized in net periodic defined benefit pension cost
Included in accumulated other comprehensive income (loss), before tax, as of January 30, 2021 and February 1, 2020 are the following amounts that have not yet been recognized in net periodic defined benefit pension cost (in thousands):
Jan 30, 2021Feb 1, 2020
SERPForeign Pension
Plans
TotalSERPForeign Pension
Plans
Total
Unrecognized prior service credit$— $(161)$(161)$— $(227)$(227)
Unrecognized net actuarial loss6,696 5,355 12,051 5,969 5,093 11,062 
Total included in accumulated other comprehensive loss$6,696 $5,194 $11,890 $5,969 $4,866 $10,835 
Schedule of the funded status of the Company's defined benefit plans and the amounts recognized in the Company's consolidated balance sheets
The following table summarizes the funded status of the Company’s defined benefit plans and the amounts recognized in the Company’s consolidated balance sheets (in thousands):
Jan 30, 2021Feb 1, 2020
SERPForeign Pension
Plans
TotalSERPForeign Pension
Plans
Total
Projected benefit obligation$(52,268)$(41,461)$(93,729)$(51,939)$(34,779)$(86,718)
Plan assets at fair value1
— 35,015 35,015 — 28,893 28,893 
Net liability2
$(52,268)$(6,446)$(58,714)$(51,939)$(5,886)$(57,825)
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1The 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 $72.1 million and $67.7 million as of January 30, 2021 and February 1, 2020, respectively.
2The 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 2021 and fiscal 2020 is as follows (in thousands):
Projected Benefit Obligation
 SERPForeign Pension
Plans
Total
Balance at February 2, 2019$52,162 $31,105 $83,267 
Service cost— 3,211 3,211 
Interest cost1,924 270 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 
Service cost— 3,165 3,165 
Interest cost1,277 32 1,309 
Actuarial losses767 286 1,053 
Contributions by plan participants— 3,863 3,863 
Payments(1,715)(3,421)(5,136)
Foreign currency and other adjustments— 2,757 2,757 
Balance at January 30, 2021$52,268 $41,461 $93,729 
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 2021 and fiscal 2020 is as follows (in thousands):
 Plan Assets
Balance at February 2, 2019$25,358 
Actual return on plan assets186 
Contributions by employer3,158 
Contributions by plan participants2,920 
Payments(3,292)
Foreign currency and other adjustments563 
Balance at February 1, 2020$28,893 
Actual return on plan assets247 
Contributions by employer3,184 
Contributions by plan participants3,863 
Payments(3,421)
Foreign currency and other adjustments2,249 
Balance at January 30, 2021$35,015