Benefit Plans

9 Months Ended

Oct. 29, 2011

Benefit Plans

Benefit Plans

Note 8.  Benefit Plans

The Company has an unfunded, nonqualified defined benefit plan (“Pension Plan”) for its officers.  The Pension Plan is noncontributory and provides benefits based on years of service and compensation during employment.  Pension expense is determined using various actuarial cost methods to estimate the total benefits ultimately payable to officers and allocates this cost to service periods.  The actuarial assumptions used to calculate pension costs are reviewed annually.  The Company made contributions to the Pension Plan of $1.2 million and $3.3 million during the three and nine months ended October 29, 2011, respectively.  The Company expects to make a contribution to the Pension Plan of approximately $1.1 million for the remainder of fiscal 2011.

The components of net periodic benefit costs are as follows (in thousands):

	Three Months Ended				Nine Months Ended
	October 29,		October 30,		October 29,		October 30,
	2011		2010		2011		2010
Components of net periodic benefit costs:
Service cost	$	831	$	721	$	2,494	$	2,165
Interest cost	1,800		1,817		5,400		5,451
Net actuarial loss	492		594		1,475		1,782
Amortization of prior service cost	157		157		470		470
Net periodic benefit costs	$	3,280	$	3,289	$	9,839	$	9,868