EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Nov. 01, 2015

Compensation and Retirement Disclosure [Abstract]

Assumptions—Actuarial assumptions used to determine benefit obligations were as follows:



	November 1, 2015						November 2, 2014
	RCC Pension Plan		CENTRIA Benefit Plans		OPEB Plans		RCC Pension
Assumed discount rate	4.20	%	4.10	%	3.75	%	4.15	%

Actuarial assumptions used to determine net periodic benefit income were as follows:



	Fiscal 2015						Fiscal 2014
	RCC Pension Plan		CENTRIA Benefit Plans		OPEB Plans		RCC Pension Plan
Assumed discount rate	4.15	%	3.85	%	3.50	%	4.50	%
Expected rate of return on plan assets	6.30	%	7.75	%	n/a		6.60	%
Health care cost trend rate-initial	n/a		n/a		9.00	%	n/a
Health care cost trend rate-ultimate	n/a		n/a		5.00	%	n/a

Schedule of Change in Projected Benefit Obligation

The changes in the projected benefit obligation, plan assets and funded status, and the amounts recognized on our consolidated balance sheets were as follows (in thousands):



Change in projected benefit obligation	November 1, 2015												November 2, 2014
	RCC Pension Plan			CENTRIA Benefit Plans			OPEB Plans			Total
Accumulated benefit obligation	$	44,407		$	13,996		$	7,590		$	65,993		$	48,711
Projected benefit obligation – beginning of fiscal year ⁽¹⁾	$	48,711		$	14,427		$	8,153		$	71,291		$	44,322
Interest cost	1,933			449			218			2,600			1,912
Service cost	—			115			22			137			—
Benefit payments	(3,468		)	(552		)	(663		)	(4,683		)	(3,045		)
Actuarial (gains) losses	(2,769		)	(443		)	(140		)	(3,352		)	5,522
Projected benefit obligation – end of fiscal year	$	44,407		$	13,996		$	7,590		$	65,993		$	48,711


(1)	Fair value as of January 16, 2015 for the CENTRIA Benefit and OPEB Plans

Schedule Of Change In Plan Assets



Change in plan assets	November 1, 2015												November 2, 2014
	RCC Pension Plan			CENTRIA Benefit Plans			OPEB Plans			Total			RCC Pension Plan
Fair value of assets – beginning of fiscal year ⁽¹⁾	$	36,678		$	14,137		$	—		$	50,815		$	37,275
Actual return on plan assets	(1,377		)	378			—			(999		)	1,005
Company contributions	1,020			480			663			2,163			1,443
Benefit payments	(3,468		)	(554		)	(663		)	(4,685		)	(3,045		)
Fair value of assets – end of fiscal year	$	32,854		$	14,441		$	—		$	47,295		$	36,678


(1)	Fair value as of January 16, 2015 for the CENTRIA Benefit and OPEB Plans

Schedule of Funded Status



Funded status	November 1, 2015											November 2, 2014
	RCC Pension Plan			CENTRIA Benefit Plans		OPEB Plans			Total			RCC Pension Plan
Fair value of assets	$	32,854		$	14,441	$	—		$	47,295		$	36,678
Benefit obligation	44,407			13,996		7,590			65,993			48,711
Funded status	$	(11,553	)	$	445	$	(7,590	)	$	(18,698	)	$	(12,033	)
Unrecognized actuarial loss (gain)	13,690			22		(140		)	13,572			14,321
Unrecognized prior service cost (credit)	(42		)	—		—			(42		)	(50		)
Prepaid (accrued) benefit cost	$	2,095		$	467	$	(7,730	)	$	(5,168	)	$	2,238

Schedule Of Weighted Average Assets Allocation By Assets Category

As of November 1, 2015 and November 2, 2014, the weighted-average asset allocations by asset category were as follows (in thousands):



Investment Type	November 1, 2015				November 2, 2014
	RCC Pension Plan		CENTRIA Benefit Plans		RCC Pension Plan
Equity securities	33	%	83	%	32	%
Debt securities	42	%	17	%	44	%
Master limited partnerships	6	%	—	%	7	%
Cash and cash equivalents	6	%	—	%	3	%
Real estate	8	%	—	%	8	%
Other	5	%	—	%	6	%
Total	100	%	100	%	100	%

Schedule of Fair Value of Separate Accounts by Assets Category

The fair values of the assets at November 1, 2015 and November 2, 2014, by asset category and by levels of fair value, as further defined in “Note 15 — Fair Value of Financial Instruments and Fair Value Measurements,” were as follows (in thousands):



	November 1, 2015
	Level 1				Level 2				Total
	RCC Pension Plan		CENTRIA Benefit Plans		RCC Pension Plan		CENTRIA Benefit Plans		RCC Pension Plan		CENTRIA Benefit Plans
Asset category:
Cash	$	2,146	$	—	$	—	$	—	$	2,146	$	—
Mutual funds:
Growth funds⁽¹⁾	1,689		4,350		—		—		$	1,689	$	4,350
Real estate funds⁽²⁾	2,590		—		—		—		$	2,590	$	—
Commodity linked funds⁽³⁾	1,791		—		—		—		$	1,791	$	—
Equity income funds⁽⁸⁾	—		3,704		—		—		$	—	$	3,704
Index funds⁽⁷⁾	—		1,914		—		43		$	—	$	1,957
International equity funds⁽¹⁾	—		258		—		1,662		$	—	$	1,920
Fixed income funds⁽⁶⁾	—		1,381		—		1,129		$	—	$	2,510
Master limited partnerships⁽⁴⁾	2,023				—				$	2,023	$	—
Government securities⁽⁵⁾	—				7,392				$	7,392	$	—
Corporate bonds⁽⁶⁾	—				6,082				$	6,082	$	—
Common/collective trusts⁽⁷⁾	—				9,141				$	9,141	$	—
Total as of November 1, 2015	$	10,239	$	11,607	$	22,615	$	2,834	$	32,854	$	14,441



	November 2, 2014
	Level 1		Level 2		Total
	RCC Pension Plan		RCC Pension Plan		RCC Pension Plan
Asset category:
Cash	$	1,339	$	—	$	1,339
Mutual funds:
Growth funds⁽¹⁾	2,067		—		2,067
Real estate funds⁽²⁾	2,917		—		2,917
Commodity linked funds⁽³⁾	2,489		—		2,489
Master limited partnerships(4)	2,682		—		2,682
Government securities⁽⁵⁾	—		9,630		9,630
Corporate bonds⁽⁶⁾	—		6,157		6,157
Common/collective trusts⁽⁷⁾	—		9,397		9,397
Total as of November 2, 2014	$	11,494	$	25,184	$	36,678


(1)	The strategy seeks long-term growth of capital. The fund currently invests in common stocks and other securities of companies in countries with developing economies and/or markets.


(2)	The portfolio is constructed of Real Estate Investment Trusts (“REITs”) with the potential to provide strong and consistent earnings growth. Eligible investments for the portfolio include publicly traded equity REITs, Real Estate Operating Companies, homebuilders and commercial REITs. The portfolio invests across various sectors and is geographically diverse to manage potential risk.


(3)	The strategy seeks to replicate a diversified basket of commodity futures consistent with the composition of the Dow Jones UBS Commodity index. The strategy is defined to be a hedge against risking inflation and from time to time will allocate a portion of the portfolio to inflation-protected securities and other fixed income securities.


(4)	These holdings in Master Limited Partnerships (“MLPs”) are publicly traded partnerships which are limited by the U.S. tax code to engaging in certain natural resource and energy businesses such as petroleum and natural gas extraction and transportation. The strategy of MLPs is to earn a relatively stable income from the transportation of oil, gasoline or natural gas.


(5)	These holdings represent fixed-income securities issued and backed by the full faith of the United States government. The strategy is designed to lengthen duration to match the duration of the pension plan liabilities.


(6)	These holdings represent fixed-income securities with varying maturities diversified by issuer, sector and industry. At the time of purchase, the securities must be rated investment grade. This strategy is also taken into consideration with the government bond holdings when matching duration of the liabilities.


(7)	The collective trusts and index funds seek long-term growth of capital and current income through index replication strategies designed to match the holdings of the S&P 400, S&P 500, S&P 600, Russell 2000, MSCI EAFE.


(8)	The investment seeks to provide current income and long-term growth of income and capital. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities.

Schedule of Net Periodic Benefit Costs (Income)

Net periodic benefit cost (income)—The components of the net periodic benefit cost (income) were as follows (in thousands):



	November 1, 2015											November 2, 2014			November 3, 2013
	RCC Pension Plan			CENTRIA Benefit Plans			OPEB Plans		Total			RCC Pension Plan			RCC Pension Plan
Interest cost	$	1,933		$	449		$	218	$	2,600		$	1,912		$	1,703
Service cost	—			115			22		137			—			—
Expected return on assets	(2,204		)	(841		)	—		(3,045		)	(2,369		)	(2,172		)
Amortization of prior service cost	(9		)	—			—		(9		)	(9		)	(9		)
Amortization of loss	1,443			—			—		1,443			507			906
Net periodic benefit cost (income)	$	1,163		$	(277	)	$	240	$	1,126		$	41		$	428

Schedule of the Amounts in AOCI Net Not yet Recognized

The amounts in accumulated other comprehensive income that have not yet been recognized as components of net periodic benefit income are as follows (in thousands):



	November 1, 2015											November 2, 2014
	RCC Pension Plan			CENTRIA Benefit Plans		OPEB Plans			Total			RCC Pension Plan
Unrecognized actuarial loss (gain)	$	13,690		$	22	$	(140	)	$	13,572		$	14,321
Unrecognized prior service cost	(42		)	—		—			(42		)	(50		)
Total	$	13,648		$	22	$	(140	)	$	13,530		$	14,271

Schedule of Change in Plan Assets and Benefit Obligations Recognized in OCI

The changes in plan assets and benefit obligation recognized in other comprehensive income are as follows (in thousands):



	November 1, 2015											November 2, 2014			November 3, 2013
	RCC Pension Plan			CENTRIA Benefit Plans			OPEB Plans		Total			RCC Pension Plan			RCC Pension Plan
Net actuarial gain (loss)	$	(812	)	$	(22	)	$	140	(694		)	$	(6,886	)	$	2,786
Amortization of net actuarial loss	1,443			—			—		1,443			507			906
Amortization of prior service credit	(9		)	—			—		(9		)	(9		)	(9		)
Total recognized in other comprehensive income (loss)	$	622		$	(22	)	$	140	$	740		$	(6,388	)	$	3,683

Schedule of the Estimated Amortization for the Next Fiscal Year

The estimated amortization for the next fiscal year for amounts reclassified from accumulated other comprehensive income into the consolidated income statement is as follows (in thousands):



	November 1, 2015
	RCC Pension Plan			CENTRIA Benefit Plans		OPEB Plans
Amortization of prior service cost	(9		)	—		—
Amortization of loss	1,169			—		—
Total estimated amortization	$	1,160		$	—	$	—

Schedule of Expected Benefit Payments

We expect the following benefit payments to be made (in thousands):



Fiscal years ending	RCC Pension Plan		CENTRIA Benefit Plans		OPEB Plans		Total
2016	$	3,163	$	834	$	613	$	4,610
2017	3,242		797		716		4,755
2018	3,172		864		713		4,749
2019	3,106		883		736		4,725
2020	3,173		878		680		4,731
2021 – 2025	15,061		4,410		2,211		21,682