BENEFIT PLANS (Tables)

12 Months Ended

Feb. 03, 2018

Retirement Benefits [Abstract]

Schedule of information regarding the Plan

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

	Fiscal Year
	2017			2016
Change in benefit obligation:
Benefit obligation at beginning of year	$	34,962		$	35,223
Employer service cost	490			340
Interest cost	1,430			1,598
Actuarial loss	1,835			1,067
Settlements	(1,989		)	—
Plan disbursements	(1,979		)	(3,266		)
Projected benefit obligation at end of year	34,749			34,962
Change in plan assets:
Fair value of plan assets at beginning of year	26,161			26,310
Actual return on plan assets	4,456			3,117
Employer contributions	853			—
Settlements	(1,989		)	—
Plan disbursements	(1,979		)	(3,266		)
Fair value of plan assets at end of year	27,502			26,161
Underfunded status	$	(7,247	)	$	(8,801	)
Amounts recognized in the consolidated balance sheet consist of:
Accrued benefit liability - included in other long-term liabilities	$	(7,247	)	$	(8,801	)
Amount recognized in accumulated other comprehensive loss, pre-tax (a)	6,822			9,023

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

Schedule of weighted-average assumptions

	Fiscal Year
	2017		2016
Weighted-average assumptions:
For determining benefit obligations at year-end:
Discount rate	3.98	%	4.33	%
	Fiscal Year
	2017		2016		2015
For determining net periodic pension cost for year:
Discount rate	4.33	%	4.79	%	3.90	%
Expected return on assets	6.50	%	7.00	%	7.00	%

Schedule of allocations of Plan's assets by category

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

		Fiscal Year
	2018 Target Allocation	2017	2016
Equity securities	50%	51%	51%
Fixed income securities	50	47	48
Other - primarily cash	—	2	1
Total	100%	100%	100%

Plan assets measured at fair value

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

	February 3, 2018
	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	$	14,162	$	14,162	$	—	$	—
Fixed income securities	12,833		12,833		—		—
Other - primarily cash	507		507		—		—
Total	$	27,502	$	27,502	$	—	$	—

	January 28, 2017
	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	$	13,309	$	13,309	$	—	$	—
Fixed income securities	12,540		12,540		—		—
Other - primarily cash	312		312		—		—
Total	$	26,161	$	26,161	$	—	$	—

Components of net periodic benefit cost

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

	Fiscal Year
	2017			2016			2015
Net periodic pension cost for the fiscal year:
Employer service cost	$	490		$	340		$	350
Interest cost on pension benefit obligation	1,430			1,598			1,566
Expected return on plan assets	(1,654		)	(1,749		)	(2,195		)
Amortization of net loss	797			897			774
Settlement charges(a)	438			—			748
Net periodic pension cost	$	1,501		$	1,086		$	1,243

^(a) Non-cash pension settlement charges were recognized as a result of lump sum distributions exceeding interest cost for the year. Settlement charges are recorded in selling, general and administrative expenses in our consolidated statements of operations.

Schedule of other changes in Plan assets and benefit obligations recognized in other comprehensive loss

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

	Fiscal Year
	2017			2016
Amortization of net loss	$	(797	)	$	(897	)
Settlement charges	(438		)	—
Net gain	(966		)	(301		)
Net change recognized in other comprehensive loss, pre-tax	$	(2,201	)	$	(1,198	)

Schedule of expected benefit payments

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

Fiscal Year	Payments
2018	$	2,201
2019	2,880
2020	2,722
2021	2,988
2022	3,043
Fiscal Years 2023 - 2027	13,067