Defined Benefit Plans (Tables)

12 Months Ended

Feb. 03, 2024

Retirement Benefits [Abstract]

Schedule of net periodic defined benefit pension cost and other charges to comprehensive income (loss) and accumulated other comprehensive income (loss)

The components of net periodic defined benefit pension cost to AOCL related to the Company’s defined benefit plans are as follows (in thousands):

	SERP		Foreign Pension Plans		Total
	Year Ended February 3, 2024
Service cost	$	—	$	3,731	$	3,731
Interest cost	1,862		913		2,775
Expected return on plan assets	—		(809)		(809)
Net amortization of unrecognized prior service credit	—		(160)		(160)
Net amortization of actuarial loss	—		256		256
Net periodic defined benefit pension cost	$	1,862	$	3,931	$	5,793
Unrecognized prior service credit charged to comprehensive income (loss)	$	—	$	(160)	$	(160)
Unrecognized net actuarial loss charged to comprehensive income (loss)	—		256		256
Net actuarial gain (loss)	4,388		(563)		3,825
Foreign currency and other adjustments	—		(361)		(361)
Related tax impact	(1,014)		424		(590)
Total periodic defined benefit pension cost and other charges to OCL and AOCL	$	3,374	$	(404)	$	2,970

	SERP		Foreign Pension Plans		Total
	Year Ended January 28, 2023
Service cost	$	—	$	3,008	$	3,008
Interest cost	1,333		221		1,554
Expected return on plan assets	—		(271)		(271)
Net amortization of unrecognized prior service credit	—		(90)		(90)
Net amortization of actuarial loss	17		598		615
Net periodic defined benefit pension cost	$	1,350	$	3,466	$	4,816
Unrecognized prior service credit charged to comprehensive income (loss)	$	—	$	(90)	$	(90)
Unrecognized net actuarial loss charged to comprehensive income (loss)	17		598		615
Net actuarial gain	6,649		(2,759)		3,890
Foreign currency and other adjustments	—		627		627
Related tax impact	(1,547)		152		(1,395)
Total periodic defined benefit pension cost and other charges to OCL and AOCL	$	5,119	$	(1,472)	$	3,647

	Year Ended January 29, 2022
Service cost	$	—	$	3,142	$	3,142
Interest cost	1,155		74		1,229
Expected return on plan assets	—		(206)		(206)
Net amortization of unrecognized prior service credit	—		(67)		(67)
Net amortization of actuarial loss	81		339		420
Net periodic defined benefit pension cost	$	1,236	$	3,282	$	4,518
Unrecognized prior service credit charged to comprehensive income (loss)	$	—	$	(67)	$	(67)
Unrecognized net actuarial loss charged to comprehensive income (loss)	81		339		420
Net actuarial loss	2,067		738		2,805
Foreign currency and other adjustments	—		340		340
Related tax impact	(496)		(141)		(637)
Total periodic defined benefit pension cost and other charges to OCL and AOCL	$	1,652	$	1,209	$	2,861

Schedule of accumulated other comprehensive income (loss), before tax, that have not yet been recognized in net periodic defined benefit pension cost

The amounts included in AOCL, before income tax, that have not yet been recognized in net periodic defined benefit pension cost are as follows (in thousands):

	Feb 3, 2024						Jan 28, 2023
	SERP		Foreign Pension Plans		Total		SERP		Foreign Pension Plans		Total
Unrecognized prior service credit	$	—	$	(67)	$	(67)	$	—	$	(815)	$	(815)
Unrecognized net actuarial (gain) loss	(6,544)		4,737		(1,807)		(2,118)		6,283		4,165
Total included in AOCL	$	(6,544)	$	4,670	$	(1,874)	$	(2,118)	$	5,468	$	3,350

Schedule of the funded status of the Company's defined benefit plans and the amounts recognized in the Company's consolidated balance sheets

The funded status of the Company’s defined benefit plans and the amounts recognized in the Company’s consolidated balance sheets are summarized as follows (in thousands):

	Feb 3, 2024						Jan 28, 2023
	SERP		Foreign Pension Plans		Total		SERP		Foreign Pension Plans		Total
Projected benefit obligation	$	(37,730)	$	(56,260)	$	(93,990)	$	(42,367)	$	(47,366)	$	(89,733)
Plan assets at fair value1	—		49,433		49,433		—		41,193		41,193
Net liability2	$	(37,730)	$	(6,827)	$	(44,557)	$	(42,367)	$	(6,173)	$	(48,540)

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1The SERP is a non-qualified pension plan and hence the insurance policies are not considered to be plan assets. Accordingly, the table above does not include the insurance policies with cash surrender values of $63.4 million and $64.4 million as of February 3, 2024 and January 28, 2023, respectively.

2The net liability was included in accrued expenses and other long-term liabilities in the Company’s consolidated balance sheets depending on the expected timing of payments.

Schedule of reconciliation of the changes in the projected benefit obligation

A reconciliation of the changes in the projected benefit obligation is as follows (in thousands):

	SERP		Foreign Pension Plans		Total
Balance at January 29, 2022	$	49,431	$	42,740	$	92,171
Service cost	—		3,008		3,008
Interest cost	1,333		221		1,554
Actuarial (gains) losses	(6,649)		2,994		(3,655)
Contributions by plan participants	—		2,622		2,622
Payments	(1,748)		(3,905)		(5,653)
Foreign currency and other adjustments	—		(314)		(314)
Balance at January 28, 2023	$	42,367	$	47,366	$	89,733
Service cost	—		3,731		3,731
Interest cost	1,862		913		2,775
Actuarial (gains) losses	(4,395)		(750)		(5,145)
Contributions by plan participants	—		4,549		4,549
Payments	(2,066)		(2,062)		(4,128)
Foreign currency and other adjustments	(38)		2,513		2,475
Balance at February 3, 2024	$	37,730	$	56,260	$	93,990

Schedule of reconciliation of the changes in plan assets for foreign pension plans

A reconciliation of the changes in plan assets for the Company’s foreign pension plans is as follows (in thousands):

	Plan Assets
Balance at January 29, 2022	$	38,015
Actual return on plan assets	506
Contributions by employer	3,645
Contributions by plan participants	2,622
Payments	(3,905)
Foreign currency and other adjustments	310
Balance at January 28, 2023	$	41,193
Actual return on plan assets	(504)
Contributions by employer	4,144
Contributions by plan participants	4,549
Payments	(2,062)
Foreign currency and other adjustments	2,113
Balance at February 3, 2024	$	49,433