XML 47 R15.htm IDEA: XBRL DOCUMENT v2.4.0.8
Retirement Plan
9 Months Ended
Nov. 02, 2013
Compensation and Retirement Disclosure [Abstract]  
Retirement Plan

7.            Retirement Plan

The Company sponsors a frozen defined benefit plan. The components of pension cost for each period are as follows (in thousands):

 
Thirteen Weeks Ended
 
Thirty-Nine Weeks Ended
 
November 2, 2013
 
October 27, 2012
 
November 2, 2013
 
October 27, 2012
Employer service cost
$
90

 
$

 
$
270

 
$

Interest cost
430

 
472

 
1,292

 
1,416

Expected return on plan assets
(559
)
 
(563
)
 
(1,678
)
 
(1,689
)
Net loss amortization
153

 
103

 
458

 
310

Net periodic pension cost
$
114

 
$
12

 
$
342

 
$
37


 
The Company's funding policy is to make contributions to maintain the minimum funding requirements for its pension obligations in accordance with the Employee Retirement Income Security Act. The Company may elect to contribute additional amounts to maintain a level of funding to minimize the Pension Benefit Guaranty Corporation premium costs or to cover the short-term liquidity needs of the plan in order to maintain current invested positions. No contributions were made by the Company in the current year.