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SUBSEQUENT EVENT
9 Months Ended
Nov. 04, 2017
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

12.SUBSEQUENT EVENT

 

On December 5, 2017, the Company settled certain Company-sponsored pension plan obligations using existing assets of the plan.  The Company expects to recognize a one-time non-cash settlement charge of approximately $400 in the fourth quarter of 2017, associated with the settlement of the Company’s obligations for the eligible participants’ pension balances that are distributed out of the plan via a transfer to other qualified retirement plan options, a lump sum payout, or the purchase of an annuity contract, based on each participant’s election.  This charge will not have a cash tax effect in 2017.  The actual amount of the settlement charge could vary based on final valuation of liabilities and assets transferred.