Retirement and Other Benefit Plans

3 Months Ended

May 04, 2024

Retirement and Other Benefit Plans

Retirement and Other Benefit Plans

Note 12  Retirement and Other Benefit Plans

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

	Pension Benefits				Other Postretirement Benefits
	Thirteen Weeks Ended				Thirteen Weeks Ended
($ thousands)	May 4, 2024		April 29, 2023		May 4, 2024		April 29, 2023
Service cost	$	1,192	$	1,258	$	—	$	—
Interest cost		3,732		3,615		13		13
Expected return on assets		(6,076)		(6,075)		—		—
Amortization of:
Actuarial loss (gain)		1,539		1,011		(28)		(28)
Prior service cost (income)		24		(28)		—		—
Total net periodic benefit expense (income)	$	411	$	(219)	$	(15)	$	(15)

Service cost is included in selling and administrative expenses.  All other components of net periodic benefit expense (income) are included in other income, net in the condensed consolidated statements of earnings.