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Retirement Plans
6 Months Ended
Aug. 30, 2014
Retirement Plans  
Retirement Plans

11. Retirement Plans

        Net periodic pension expense recorded in the thirteen and twenty-six week periods ended August 30, 2014 and August 31, 2013, for the Company's defined benefit plans includes the following components:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defined Benefit
Pension Plan

 

Nonqualified
Executive Retirement
Plans

 

Defined Benefit
Pension Plan

 

Nonqualified
Executive Retirement
Plans

 

 

 

Thirteen Week Period Ended

 

Twenty-Six Week Period Ended

 

 

 

August 30,
2014

 

August 31,
2013

 

August 30,
2014

 

August 31,
2013

 

August 30,
2014

 

August 31,
2013

 

August 30,
2014

 

August 31,
2013

 

Service cost

 

$

792

 

$

830

 

$

 

$

 

$

1,585

 

$

1,660

 

$

 

$

 

Interest cost

 

 

1,631

 

 

1,551

 

 

135

 

 

135

 

 

3,262

 

 

3,102

 

 

270

 

 

271

 

Expected return on plan assets

 

 

(1,929

)

 

(1,779

)

 

 

 

 

 

(3,858

)

 

(3,558

)

 

 

 

 

Amortization of unrecognized prior service cost

 

 

60

 

 

60

 

 

 

 

 

 

120

 

 

120

 

 

 

 

 

Amortization of unrecognized net loss

 

 

600

 

 

1,202

 

 

 

 

 

 

1,199

 

 

2,405

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

​  

Net pension expense

 

$

1,154

 

$

1,864

 

$

135

 

$

135

 

$

2,308

 

$

3,729

 

$

270

 

$

271

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

​  

​  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

        During the thirteen and twenty-six week periods ended August 30, 2014 the Company contributed $420 and $806, respectively, to the Nonqualified Executive Retirement Plans and $1,159 to the Defined Benefit Pension Plan. During the remainder of fiscal 2015, the Company expects to contribute $834 to the Nonqualified Executive Retirement Plans and $0 to the Defined Benefit Pension Plan.