Retirement And Other Benefit Plans (Tables)

12 Months Ended

Feb. 01, 2014

Retirement And Other Benefit Plans [Abstract]

Changes in Benefit Obligations

					Other Postretirement
	Pension Benefits				Benefits
($ thousands)	2013		2012		2013		2012
Benefit obligation at beginning of year	$	290,534	$	261,459	$	3,207	$	3,485
Service cost		10,638		11,523		–		–
Interest cost		13,241		12,727		55		148
Plan participants’ contribution		12		12		19		13
Plan amendments		99		–		–		–
Actuarial (gain) loss		(23,442)		16,259		(2,055)		(236)
Benefits paid		(11,107)		(11,464)		(107)		(203)
Foreign exchange rate changes		(11)		18		–		–
Benefit obligation at end of year	$	279,964	$	290,534	$	1,119	$	3,207

Weighted-Average Assumptions Used to Determine Benefit Obligations

			Other Postretirement
	Pension Benefits		Benefits
Weighted–average assumptions used to determine benefit
obligations, end of year	2013	2012		2013	2012
Discount rate	5.00%	4.50%		5.00%	4.50%
Rate of compensation increase	3.00%	3.50%		N/A	N/A

Fair Values of Pension Plan Assets

The fair values of the Company’s pension plan assets at February 1, 2014 by asset category are as follows:

				Fair Value Measurements at February 1, 2014
($ thousands)		Total		Level 1		Level 2		Level 3
Asset
Money market funds	$	14,038	$	14,038	$	–	$	–
U.S. government securities		73,813		73,813		–		–
Mutual fund		27,376		27,376		–		–
Real estate investment trusts		105		105		–		–
Corporate debt instruments		29,783		–		29,783		–
Corporate stocks – common		212,211		212,211		–		–
S&P 500 Index options		(1,343)		(1,343)		–		–
Interest rate swap agreements		(131)		–		(131)		–
Unallocated insurance contract		82		–		–		82
Other		386		–		–		386
Total	$	356,320	$	326,200	$	29,652	$	468

The fair values of the Company’s pension plan assets at February 2, 2013 by asset category are as follows:

				Fair Value Measurements at February 2, 2013
($ thousands)		Total		Level 1		Level 2		Level 3
Asset
Money market funds	$	4,729	$	4,729	$	–	$	–
U.S. government securities		59,342		59,342		–		–
Mutual fund		75,168		75,168		–		–
Limited partnership		35,982		–		35,982		–
Real estate investment trusts		3,239		3,239		–		–
Corporate debt instruments		28,357		–		28,357		–
Corporate stocks – common		136,275		136,275		–		–
S&P 500 Index options		(2,495)		(2,495)		–		–
Interest rate swap agreements		(4,258)		–		(4,258)		–
Unallocated insurance contract		106		–		–		106
Total	$	336,445	$	276,258	$	60,081	$	106

Changes in Fair Value of Plan Assets

					Other Postretirement
	Pension Benefits				Benefits
($ thousands)	2013		2012		2013		2012
Fair value of plan assets at beginning of year	$	336,445	$	321,299	$	–	$	–
Actual return on plan assets		30,628		26,167		–		–
Employer contributions		331		413		88		190
Plan participants’ contributions		12		12		19		13
Benefits paid		(11,107)		(11,464)		(107)		(203)
Foreign exchange rate changes		11		18		–		–
Fair value of plan assets at end of year	$	356,320	$	336,445	$	–	$	–

Amounts Recognized in Balance Sheet

					Other Postretirement
	Pension Benefits				Benefits
($ thousands)	2013		2012		2013		2012
Prepaid pension costs (noncurrent asset)	$	85,561	$	54,532	$	–	$	–
Accrued benefit liabilities (current liability)		(1,002)		(1,191)		(105)		(311)
Accrued benefit liabilities (noncurrent liability)		(8,203)		(7,430)		(1,014)		(2,896)
Net amount recognized at end of year	$	76,356	$	45,911	$	(1,119)	$	(3,207)

Benefit Obligations in Excess of Fair Value of Plan Assets

	Projected Benefit				Accumulated Benefit
	Obligation Exceeds				Obligation Exceeds
	the Fair Value				the Fair Value
	of Plan Assets				of Plan Assets
($ thousands)	2013		2012		2013		2012
End of Year
Projected benefit obligation	$	9,205	$	8,393	$	9,205	$	8,393
Accumulated benefit obligation		7,180		6,872		7,180		6,872
Fair value of plan assets		–		–		–		–

Amounts in Accumulated Other Comprehensive Loss (Income) Not Yet Recognized as Components of Net Periodic Benefits Cost (Income)

	Pension Benefits				Other Postretirement Benefits
($ thousands)	2013		2012		2013		2012
Components of accumulated other comprehensive
(income) loss, net of tax:
Net actuarial (gain) loss	$	(12,065)	$	6,475	$	(1,628)	$	(587)
Net prior service cost		111		59		–		–
Net transition asset		–		–		–		–
	$	(11,954)	$	6,534	$	(1,628)	$	(587)
	Pension Benefits				Other Postretirement Benefits
($ thousands)	2014				2014
Expected amortization, net of tax:
Amortization of net actuarial losses			$	82			$	208
Amortization of net prior service cost				20				–
Amortization of net transition asset				–				–
			$	102			$	208

Net Periodic Benefit Cost (Income)

	Pension Benefits						Other Postretirement Benefits
($ thousands)		2013		2012		2011		2013		2012		2011
Service cost	$	10,638	$	11,523	$	9,256	$	–	$	–	$	–
Interest cost		13,241		12,727		12,533		55		148		176
Expected return on assets		(24,773)		(25,073)		(20,741)		–		–		–
Amortization of:
Actuarial loss (gain)		954		204		400		(351)		(82)		(99)
Prior service cost		13		13		(8)		–		–		–
Net transition asset		–		(43)		(47)		–		–		–
Settlement cost		–		–		2,100		–		–		–
Total net periodic benefit cost (income)	$	73	$	(649)	$	3,493	$	(296)	$	66	$	77

Weighted-Average Assumptions Used to Determine Net (Income) Cost

	Pension Benefits			Other Postretirement Benefits
	2013	2012	2011	2013	2012	2011
Discount rate	4.50%	4.75%	5.75%	4.50%	4.75%	5.75%
Rate of compensation increase	3.50%	3.50%	4.00%	N/A	N/A	N/A
Expected return on plan assets	8.25%	8.25%	8.50%	N/A	N/A	N/A

Expected Cash Flows for all Pension and Postretirement Benefit Plans

	Pension Benefits
							Other
							Postretirement
($ thousands)	Funded Plans		SERP			Total	Benefits
Employer Contributions
2014 expected contributions to plan trusts	$	185	$	–	$	185	$	–
2014 expected contributions to plan participants		–		1,002		1,002		105
Expected Benefit Payments
2014	$	10,465	$	1,002	$	11,467	$	105
2015		10,969		2,840		13,809		98
2016		11,613		84		11,697		92
2017		12,232		3,756		15,988		86
2018		13,000		702		13,702		80
2019 – 2023		75,763		7,347		83,110		312