RETIREMENT AND OTHER BENEFIT PLANS

9 Months Ended

Oct. 31, 2020

RETIREMENT AND OTHER BENEFIT PLANS

RETIREMENT AND OTHER BENEFIT PLANS

Note 13  Retirement and Other Benefit Plans

The following table sets forth the components of net periodic benefit income for the Company, including domestic and Canadian plans:

	Pension Benefits				Other Postretirement Benefits
	Thirteen Weeks Ended				Thirteen Weeks Ended
($ thousands)	October 31, 2020		November 2, 2019		October 31, 2020		November 2, 2019
Service cost	$	2,005	$	1,805	$	—	$	—
Interest cost		2,970		3,707		10		15
Expected return on assets		(8,330)		(6,933)		—		—
Amortization of:
Actuarial loss (gain)		240		977		(27)		(27)
Prior service income		(324)		(372)		—		—
Total net periodic benefit income	$	(3,439)	$	(816)	$	(17)	$	(12)

	Pension Benefits				Other Postretirement Benefits
	Thirty-Nine Weeks Ended				Thirty-Nine Weeks Ended
($ thousands)	October 31, 2020		November 2, 2019		October 31, 2020		November 2, 2019
Service cost	$	6,412	$	5,414	$	—	$	—
Interest cost		9,252		11,112		31		45
Expected return on assets		(23,205)		(20,792)		—		—
Amortization of:
Actuarial loss (gain)		2,506		2,929		(82)		(81)
Prior service income		(1,031)		(1,115)		—		—
Settlement cost		222		—		—		—
Curtailment gain		(189)		—		—		—
Total net periodic benefit income	$	(6,033)	$	(2,452)	$	(51)	$	(36)

The non-service cost components of net periodic benefit income are included in other income, net in the condensed consolidated statements of earnings (loss). Service cost is included in selling and administrative expenses.