Note 6 - Retirement and Other Benefit Plans (Tables)

12 Months Ended

Feb. 01, 2020

Notes Tables

Schedule of Changes in Projected Benefit Obligations [Table Text Block]

	Pension Benefits						Other Postretirement Benefits
($ thousands)	2019			2018			2019			2018
Benefit obligation at beginning of year	$	342,192		$	356,469		$	1,461		$	1,594
Service cost		7,219			8,995			—			—
Interest cost		14,811			14,236			60			59
Plan participants’ contribution		9			10			6			6
Plan amendments		93			254			—			—
Actuarial loss (gain)		58,278			(21,541	)		(39	)		(22	)
Benefits paid		(14,399	)		(14,352	)		(117	)		(176	)
Settlements		(20,263	)		(3,656	)		—			—
Contractual termination benefits		482			—			—			—
Curtailments		(90	)		—			—			—
Foreign exchange rate changes		(44	)		(230	)		—			—
Acquisitions		—			2,007			—			—
Benefit obligation at end of year	$	388,288		$	342,192		$	1,371		$	1,461

Defined Benefit Plan, Assumptions [Table Text Block]

	Pension Benefits						Other Postretirement Benefits
Weighted–average assumptions used to determine benefit obligations, end of year	2019			2018			2019			2018
Discount rate		3.25	%		4.35	%		3.25	%		4.35	%
Rate of compensation increase		3.00	%		3.00	%		N/A			N/A

	Pension Benefits									Other Postretirement Benefits
	2019			2018			2017			2019			2018			2017
Discount rate		4.35	%		4.00	%		4.40	%		4.35	%		4.00	%		4.40	%
Rate of compensation increase		3.00	%		3.00	%		3.00	%		N/A			N/A			N/A
Expected return on plan assets		7.75	%		8.00	%		8.00	%		N/A			N/A			N/A

Schedule of Allocation of Plan Assets [Table Text Block]

			Fair Value Measurements at February 1, 2020
($ thousands)	Total		Level 1		Level 2		Level 3
Asset
Cash and cash equivalents	$	31,588	$	31,588	$	—	$	—
U.S. government securities		94,285		18,388		75,897		—
Mutual fund		32,551		32,551		—		—
Exchange-traded funds		71,505		71,505		—		—
Corporate stocks - common and partnerships		177,743		177,718		—		25
Preferred securities		852		—		—		852
S&P 500 Index options		3,252		3,252		—		—
Total investments in the fair value hierarchy	$	411,776	$	335,002	$	75,897	$	877
Investments measured at net asset value:
Alternative investment fund		16,335		—		—		—
Unallocated insurance contract		75		—		—		—
Total investments measured at net asset value		16,410		—		—		—
Total investments at fair value	$	428,186	$	335,002	$	75,897	$	877

				Fair Value Measurements at February 2, 2019
($ thousands)	Total			Level 1			Level 2		Level 3
Asset
Cash and cash equivalents	$	17,312		$	17,312		$	—	$	—
U.S. government securities		87,455			14,155			73,300		—
Mutual fund		31,966			31,966			—		—
Real estate investment trusts		232			232			—		—
Exchange-traded funds		65,464			65,464			—		—
Corporate stocks - common		169,721			169,721			—		—
Preferred securities		639			404			—		235
S&P 500 Index options		(4,572	)		(4,572	)		—		—
Total	$	368,217		$	294,682		$	73,300	$	235
Investments measured at net asset value:
Alternative investment fund		13,160			—			—		—
Unallocated insurance contract		73			—			—		—
Total investments measured at net asset value		13,233			—			—		—
Total investments at fair value	$	381,450		$	294,682		$	73,300	$	235

Schedule of Changes in Fair Value of Plan Assets [Table Text Block]

	Pension Benefits						Other Postretirement Benefits
($ thousands)	2019			2018			2019			2018
Fair value of plan assets at beginning of year	$	381,450		$	407,081		$	—		$	—
Actual return on plan assets		81,282			(13,677	)		—			—
Employer contributions		151			3,847			111			170
Plan participants’ contributions		9			10			6			6
Benefits paid		(14,399	)		(14,352	)		(117	)		(176	)
Settlements		(20,263	)		(3,656	)		—			—
Foreign exchange rate changes		(44	)		(243	)		—			—
Acquisitions		—			2,440			—			—
Fair value of plan assets at end of year	$	428,186		$	381,450		$	—		$	—

Schedule of Amounts Recognized in Balance Sheet [Table Text Block]

	Pension Benefits						Other Postretirement Benefits
($ thousands)	2019			2018			2019			2018
Prepaid pension costs (noncurrent assets)	$	50,660		$	47,826		$	—		$	—
Accrued benefit liabilities (current liability)		(2,405	)		(1,663	)		(200	)		(242	)
Accrued benefit liabilities (noncurrent liability)		(8,361	)		(6,905	)		(1,171	)		(1,219	)
Net amount recognized at end of year	$	39,894		$	39,258		$	(1,371	)	$	(1,461	)

Defined Benefit Plan, Plan with Projected Benefit Obligation in Excess of Plan Assets [Table Text Block]

	Projected Benefit Obligation Exceeds the Fair Value of Plan Assets				Accumulated Benefit Obligation Exceeds the Fair Value of Plan Assets
($ thousands)	2019		2018		2019		2018
End of Year
Projected benefit obligation	$	10,766	$	8,565	$	10,766	$	8,565
Accumulated benefit obligation		9,516		7,291		9,516		7,291
Fair value of plan assets		—		—		—		—

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]

	Pension Benefits						Other Postretirement Benefits
($ thousands)	2019			2018			2019			2018
Components of accumulated other comprehensive loss, net of tax:
Net actuarial loss (gain)	$	33,771		$	34,879		$	(507	)	$	(558	)
Net prior service credit		(2,093	)		(3,266	)		—			—
Accumulated other comprehensive loss, net of tax	$	31,678		$	31,613		$	(507	)	$	(558	)

	Pension Benefits			Other Postretirement Benefits
($ thousands)	2020			2020
Expected amortization, net of tax:
Amortization of net actuarial loss (gain)	$	4,198		$	(110	)
Amortization of net prior service credit		(1,414	)		—
Expected amortization, net of tax	$	2,784		$	(110	)

Schedule of Net Benefit Costs [Table Text Block]

	Pension Benefits									Other Postretirement Benefits
($ thousands)	2019			2018			2017			2019			2018			2017
Service cost	$	7,219		$	8,995		$	9,705		$	—		$	—		$	—
Interest cost		14,811			14,236			14,948			60			59			68
Expected return on assets		(27,735	)		(29,091	)		(27,589	)		—			—			—
Amortization of:
Actuarial loss (gain)		3,904			4,122			4,315			(107	)		(125	)		(145	)
Prior service credit		(1,486	)		(1,567	)		(1,780	)		—			—			—
Settlement cost		2,236			324			—			—			—			—
Cost of contractual termination benefits		482			—			—			—			—			—
Curtailments		—			—			(2,165	)		—			—			—
Total net periodic benefit income	$	(569	)	$	(2,981	)	$	(2,566	)	$	(47	)	$	(66	)	$	(77	)

Schedule of Expected Benefit Payments [Table Text Block]

	Pension Benefits
($ thousands)	Funded Plan		SERP		Total		Other Postretirement Benefits
Employer Contributions
2020 expected contributions to plan trusts	$	92	$	—	$	92	$	—
2020 expected contributions to plan participants		—		2,444		2,444		203
2020 refund of assets (e.g. surplus) to employer		134		—		134		—
Expected Benefit Payments
2020	$	14,885	$	2,443	$	17,328	$	203
2021		16,151		1,909		18,060		176
2022		15,100		1,576		16,676		151
2023		15,657		2,207		17,864		130
2024		16,219		261		16,480		110
2025-2029		90,117		2,097		92,214		333