RETIREMENT AND OTHER BENEFIT PLANS (Tables)

12 Months Ended

Jan. 28, 2023

Notes Tables

Schedule of Changes in Projected Benefit Obligations

	Pension Benefits				Other Postretirement Benefits
($ thousands)	2022		2021		2022		2021
Benefit obligation at beginning of year	$	355,286	$	365,570	$	1,143	$	1,249
Service cost		7,143		7,494		—		—
Interest cost		11,977		11,236		35		35
Plan participants’ contribution		10		11		4		5
Plan amendments		407		—		—		—
Actuarial (gain) loss		(70,775)		(13,962)		(85)		(50)
Benefits paid		(15,440)		(15,062)		(79)		(96)
Settlements		(3,032)		—		—		—
Curtailments		13		—		—		—
Foreign exchange rate changes		(17)		(1)		—		—
Benefit obligation at end of year	$	285,572	$	355,286	$	1,018	$	1,143

Defined Benefit Plan, Assumptions

	Pension Benefits				Other Postretirement Benefits
Weighted–average assumptions used to determine benefit obligations, end of year	2022		2021		2022		2021
Discount rate	5.20	%	3.40	%	5.20	%	3.40	%
Rate of compensation increase	3.00	%	3.00	%	N/A		N/A

	Pension Benefits						Other Postretirement Benefits
Weighted–average assumptions used to determine net periodic benefit income	2022		2021		2020		2022		2021		2020
Discount rate	3.40	%	3.10	%	3.25	%	3.40	%	3.10	%	3.25	%
Rate of compensation increase	3.00	%	3.00	%	3.00	%	N/A		N/A		N/A
Expected return on plan assets	7.20	%	7.25	%	7.50	%	N/A		N/A		N/A

Schedule of Allocation of Plan Assets

			Fair Value Measurements at January 28, 2023
($ thousands)	Total		Level 1		Level 2		Level 3
Asset
Cash and cash equivalents	$	12,962	$	12,962	$	—	$	—
U.S. government securities		80,522		45,872		34,650		—
Interest rate swap agreements		(2,793)		—		(2,793)		—
Mutual fund		29,548		29,548		—		—
Exchange-traded funds		92,338		92,338		—		—
Corporate stocks - common		132,138		132,138		—		—
Preferred securities		335		—		—		335
S&P 500 Index options		(2,634)		(2,634)		—		—
Total investments in the fair value hierarchy	$	342,416	$	310,224	$	31,857	$	335
Investments measured at net asset value:
Alternative investment fund		14,293		—		—		—
Unallocated insurance contract		36		—		—		—
Total investments measured at net asset value		14,329		—		—		—
Total investments at fair value	$	356,745	$	310,224	$	31,857	$	335

			Fair Value Measurements at January 29, 2022
($ thousands)	Total		Level 1		Level 2		Level 3
Asset
Cash and cash equivalents	$	11,714	$	11,714	$	—	$	—
U.S. government securities		102,525		46,668		55,857		—
Interest rate swap agreements		(232)		—		(232)
Mutual fund		31,595		31,595		—		—
Exchange-traded funds		120,323		120,323		—		—
Corporate stocks - common		155,014		155,014		—		—
Preferred securities		523		—		—		523
S&P 500 Index options		5,694		5,694		—		—
Total investments in the fair value hierarchy	$	427,156	$	371,008	$	55,625	$	523
Investments measured at net asset value:
Alternative investment fund		16,891		—		—		—
Unallocated insurance contract		44		—		—		—
Total investments measured at net asset value		16,935		—		—		—
Total investments at fair value	$	444,091	$	371,008	$	55,625	$	523

Schedule of Changes in Fair Value of Plan Assets

	Pension Benefits				Other Postretirement Benefits
($ thousands)	2022		2021		2022		2021
Fair value of plan assets at beginning of year	$	444,091	$	444,717	$	—	$	—
Actual return on plan assets		(69,361)		14,322		—		—
Employer contributions		494		104		75		91
Plan participants’ contributions		10		11		4		5
Benefits paid		(15,440)		(15,062)		(79)		(96)
Settlements		(3,032)		—		—		—
Foreign exchange rate changes		(17)		(1)		—		—
Fair value of plan assets at end of year	$	356,745	$	444,091	$	—	$	—

Schedule of Amounts Recognized in Balance Sheet

…..
	Pension Benefits				Other Postretirement Benefits
($ thousands)	2022		2021		2022		2021
Prepaid pension costs (noncurrent assets)	$	83,396	$	99,139	$	—	$	—
Accrued benefit liabilities (current liability)		(5,189)		(3,755)		(182)		(189)
Accrued benefit liabilities (noncurrent liability)		(7,034)		(6,579)		(836)		(954)
Net amount recognized at end of year	$	71,173	$	88,805	$	(1,018)	$	(1,143)

Schedule of Projected Benefit Obligation and Accumulated Benefit Obligation in Excess of Plan Assets

		Projected Benefit Obligation Exceeds the				Accumulated Benefit Obligation
		Fair Value of Plan Assets				Exceeds the Fair Value of Plan Assets
($ thousands)		2022		2021		2022		2021
End of Year
Projected benefit obligation	$	12,223	$	10,334	$	12,223	$	10,334
Accumulated benefit obligation		11,392		9,247		11,392		9,247
Fair value of plan assets		—		—		—		—

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year

	Pension Benefits				Other Postretirement Benefits
($ thousands)	2022		2021		2022		2021
Components of accumulated other comprehensive loss, net of tax:
Net actuarial loss (gain)	$	25,967	$	8,807	$	(410)	$	(424)
Net prior service credit		(20)		(565)		—		—
Accumulated other comprehensive loss, net of tax	$	25,947	$	8,242	$	(410)	$	(424)

Schedule of net benefit costs

	Pension Benefits						Other Postretirement Benefits
($ thousands)	2022		2021		2020		2022		2021		2020
Service cost	$	7,143	$	7,494	$	8,492	$	—	$	—	$	—
Interest cost		11,977		11,236		12,205		35		35		41
Expected return on assets		(27,987)		(28,437)		(31,498)		—		—		—
Amortization of:
Actuarial loss (gain)		3,088		2,410		2,718		(103)		(108)		(110)
Prior service credit		(314)		(514)		(1,354)		—		—		—
Settlement cost		320		—		1,353		—		—		—
Curtailments		13		—		(189)		—		—		—
Total net periodic benefit income	$	(5,760)	$	(7,811)	$	(8,273)	$	(68)	$	(73)	$	(69)

Schedule of Expected Benefit Payments

	Pension Benefits
							Other
							Postretirement
($ thousands)	Funded Plan		SERP		Total		Benefits
Employer Contributions
2023 expected contributions to plan trusts	$	91	$	—	$	91	$	—
2023 expected contributions to plan participants		—		5,323		5,323		187
2023 refund of assets (e.g. surplus) to employer		135		—		135		—
Expected Benefit Payments						—
2023	$	15,174	$	5,323	$	20,497	$	187
2024		15,591		2,348		17,939		153
2025		16,272		3,011		19,283		124
2026		16,855		675		17,530		101
2027		17,302		856		18,158		81
2028-2032		91,942		1,641		93,583		217