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PENSION PLANS
 6 Months Ended
Jan. 25, 2020
Defined Benefit Plan [Abstract]  
PENSION PLANS
PENSION PLANS

The Company sponsored four defined benefit pension plans in fiscal 2020 and 2019.  Net periodic pension cost for the four plans includes the following components:

 
13 Weeks Ended
 
26 Weeks Ended
 
January 25,
2020
 
January 26,
2019
 
January 25,
2020
 
January 26,
2019
Service cost
$
50

 
$
53

 
$
101

 
$
106

Interest cost on projected benefit obligations
566

 
655

 
1,131

 
1,310

Expected return on plan assets
(625
)
 
(721
)
 
(1,328
)
 
(1,442
)
Loss on settlement
1,246

 
—

 
1,246

 
—

Amortization of net losses
146

 
145

 
291

 
290

Net periodic pension cost
$
1,383

 
$
132

 
$
1,441

 
$
264


    
As of January 25, 2020, the Company has not made any contributions to its pension plans in fiscal 2020.  The Company expects contributions to its defined benefit pension plans to be immaterial in fiscal 2020.
On December 23, 2019, the Company terminated the Village Super Market, Inc. Retail Clerks Employees’ Retirement Plan. All participants of the plan were former employees of a store previously closed in 1994. A annuity contract totaling $1,302 was purchased with an insurance company for all participants who did not elect a lump sum distribution. Additionally, lump sum distributions related to the termination totaled $451. The plan had sufficient assets to satisfy all termination transaction obligations, and no benefit obligation or plan assets related to the Village Super Market, Inc. Retail Clerks Employees’ Retirement Plan remain as of January 25, 2020. As a result of this termination, the Company recognized a non-cash pre-tax settlement charge totaling $669 during the 13 weeks ended January 25, 2020. This settlement charge represents the plan’s remaining unrecognized losses within accumulated other comprehensive loss as of the termination date.
    
Additionally, the Company recognized a settlement loss of $577 in the 13 weeks ended January 25, 2020 for a plan where benefits paid exceeded the sum of the service cost and interest cost components of net periodic pension cost. Assumptions used in the related remeasurement include a discount rate of 3.00% and long term expected rate of return on plan assets of 5.00%.