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Pension Plans
9 Months Ended
Aug. 02, 2014
Compensation and Retirement Disclosure [Abstract]  
Pension Plans
Pension Plans
The Company has various defined benefit pension and other retirement plans for certain non-U.S. employees that are consistent with local statutory requirements and practices. The Company’s funding policy for its foreign defined benefit pension plans is consistent with the local requirements of each country. The plans’ assets consist primarily of U.S. and non-U.S. equity securities, bonds, property and cash.
Net periodic pension cost of non-U.S. plans is presented in the following table:
 
Three Months Ended
 
Nine Months Ended
 
August 2, 2014
 
August 3, 2013
 
August 2, 2014
 
August 3, 2013
Service cost
$
3,423

 
$
2,796

 
$
10,257

 
$
8,472

Interest cost
3,553

 
3,100

 
10,660

 
9,351

Expected return on plan assets
(3,446
)
 
(2,911
)
 
(10,325
)
 
(8,787
)
Amortization of initial net obligation
5

 
5

 
15

 
15

Amortization of prior service cost
(61
)
 
(59
)
 
(183
)
 
(175
)
Amortization of net loss
1,149

 
744

 
3,451

 
2,235

Net periodic pension cost
$
4,623

 
$
3,675

 
$
13,875

 
$
11,111

Pension contributions of $4.4 million and $13.2 million were made by the Company during the three and nine months ended August 2, 2014, respectively. The Company presently anticipates contributing an additional $4.3 million to fund its defined benefit pension plans in fiscal year 2014 for a total of $17.5 million.