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Retirement Plans
9 Months Ended
Nov. 29, 2014
Retirement Plans  
Retirement Plans

11. Retirement Plans

        Net periodic pension expense recorded in the thirteen and thirty-nine week periods ended November 29, 2014 and November 30, 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

 

Thirty-Nine Week Period Ended

 

 

 

November 29,
2014

 

November 30,
2013

 

November 29,
2014

 

November 30,
2013

 

November 29,
2014

 

November 30,
2013

 

November 29,
2014

 

November 30,
2013

 

Service cost

 

$

792

 

$

830

 

$

 

$

 

$

2,377

 

$

2,490

 

$

 

$

 

Interest cost

 

 

1,631

 

 

1,551

 

 

136

 

 

136

 

 

4,893

 

 

4,653

 

 

406

 

 

407

 

Expected return on plan assets

 

 

(1,929

)

 

(1,780

)

 

 

 

 

 

(5,787

)

 

(5,338

)

 

 

 

 

Amortization of unrecognized prior service cost

 

 

60

 

 

60

 

 

 

 

 

 

180

 

 

180

 

 

 

 

 

Amortization of unrecognized net loss

 

 

600

 

 

1,203

 

 

 

 

 

 

1,799

 

 

3,608

 

 

 

 

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Net pension expense

 

$

1,154

 

$

1,864

 

$

136

 

$

136

 

$

3,462

 

$

5,593

 

$

406

 

$

407

 

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        During the thirteen and thirty-nine week periods ended November 29, 2014 the Company contributed $401 and $1,207, respectively, to the Nonqualified Executive Retirement Plans and $0 and $1,159, respectively, to the Defined Benefit Pension Plan. During the remainder of fiscal 2015, the Company expects to contribute $435 to the Nonqualified Executive Retirement Plans and $0 to the Defined Benefit Pension Plan.