BENEFIT PLANS (Tables)

12 Months Ended

Jan. 30, 2016

Information regarding the DB Plan is as follows (in thousands):



	Fiscal Year
	2015			2014
Change in benefit obligation:
Benefit obligation at beginning of year	$	41,295		$	36,579
Employer service cost	350			210
Interest cost	1,566			1,692
Actuarial (gain) loss	(3,406		)	6,165
Settlement ^(a)	(2,579		)	—
Plan disbursements	(2,003		)	(3,351		)
Projected benefit obligation at end of year	35,223			41,295

Change in plan assets:
Fair value of plan assets at beginning of year	32,792			31,856
Actual return (loss) on plan assets	(1,900		)	4,287
Employer contributions	—			—
Settlement paid ^(a)	(2,579		)	—
Plan disbursements	(2,003		)	(3,351		)
Fair value of plan assets at end of year	26,310			32,792

Underfunded status	$	(8,913	)	$	(8,503	)

Amounts recognized in the consolidated balance sheet consist of:
Accrued benefit liability - included in other long-term liabilities	$	(8,913	)	$	(8,503	)
Amount recognized in accumulated other comprehensive loss, pre-tax ^(b)	10,222			11,055

^(a) The settlement was a result of lump sum payments exceeding the interest cost for 2015. Settlements of this nature may occur in future years.

^(b) Consists solely of net actuarial losses as there are no prior service costs.



	Fiscal Year
	2015		2014
Weighted-average assumptions:
For determining benefit obligations at year-end:
Discount rate	4.79	%	3.90	%

	Fiscal Year
	2015		2014		2013
For determining net periodic pension cost for year:
Discount rate	3.90	%	4.81	%	4.43	%
Expected return on assets	7.00	%	7.00	%	7.00	%

The allocations of DB Plan assets by category are as follows:

The following tables present the DB Plan assets measured at fair value on a recurring basis in the consolidated financial statements (in thousands):



	January 30, 2016
	Balance		Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Mutual funds:
Equity securities	$	12,607	$	12,607	$	—	$	—
Fixed income securities	13,341		13,341		—		—
Other - primarily cash	362		362		—		—
Total	$	26,310	$	26,310	$	—	$	—



	January 31, 2015
	Balance		Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Mutual funds:
Equity securities	$	15,943	$	15,943	$	—	$	—
Fixed income securities	16,437		16,437		—		—
Other - primarily cash	412		412		—		—
Total	$	32,792	$	32,792	$	—	$	—

The components of net periodic benefit cost for the DB Plan were as follows (in thousands):



	Fiscal Year
	2015			2014			2013
Net periodic pension cost for the fiscal year:
Employer service cost	$	350		$	210		$	360
Interest cost	1,566			1,692			1,723
Expected return on plan assets	(2,195		)	(2,134		)	(2,237		)
Net loss amortization	774			399			610
Loss on pension settlement	748			—			—
Net pension cost	1,243			167			456

Other changes in DB Plan assets and benefit obligations recognized in other comprehensive loss are as follows (in thousands):



	Fiscal Year
	2015			2014
Amortization of net loss	$	(774	)	$	(399	)
Loss on pension settlement	(748		)	—
Net loss	689			4,012
Net change recognized in other comprehensive loss, pre-tax	$	(833	)	$	3,613

The following benefit payments are expected to be paid (in thousands):