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Defined Benefit Plans (Tables) | 12 Months Ended
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Feb. 02, 2019
Defined Benefit Plan [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 accumulated comprehensive income (loss) for fiscal 2019 related to the Company’s defined benefit plans are as follows (in thousands):
| Year Ended February 2, 2019
| SERP |  | Foreign Pension Plans |  | Total
Service cost | $ | — |  |  | $ | 3,039 |  |  | $ | 3,039 |
Interest cost | 1,887 |  |  | 225 |  |  | 2,112 |
Expected return on plan assets | — |  |  | (303 | ) |  | (303 | )
Net amortization of unrecognized prior service credit | — |  |  | (28 | ) |  | (28 | )
Net amortization of actuarial losses | 187 |  |  | 413 |  |  | 600 |
Net periodic defined benefit pension cost | $ | 2,074 |  |  | $ | 3,346 |  |  | $ | 5,420 |
Unrecognized prior service credit charged to comprehensive income (loss) | $ | — |  |  | $ | (28 | ) |  | $ | (28 | )
Unrecognized net actuarial loss charged to comprehensive income (loss) | 187 |  |  | 413 |  |  | 600 |
Net actuarial gain (losses) | 2,787 |  |  | (1,054 | ) |  | 1,733 |
Foreign currency and other adjustments | — |  |  | 311 |  |  | 311 |
Related tax impact | (686 | ) |  | 82 |  |  | (604 | )
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss) | $ | 2,288 |  |  | $ | (276 | ) |  | $ | 2,012 |
The components of net periodic defined benefit pension cost to accumulated comprehensive income (loss) for fiscal 2018 related to the Company’s defined benefit plans are as follows (in thousands):
| Year Ended February 3, 2018
| SERP |  | Foreign Pension Plans |  | Total
Service cost | $ | — |  |  | $ | 2,500 |  |  | $ | 2,500 |
Interest cost | 1,844 |  |  | 147 |  |  | 1,991 |
Expected return on plan assets | — |  |  | (244 | ) |  | (244 | )
Net amortization of unrecognized prior service credit | — |  |  | (27 | ) |  | (27 | )
Net amortization of actuarial losses | 151 |  |  | 311 |  |  | 462 |
Net periodic defined benefit pension cost | $ | 1,995 |  |  | $ | 2,687 |  |  | $ | 4,682 |
Unrecognized prior service credit charged to comprehensive income (loss) | $ | — |  |  | $ | (27 | ) |  | $ | (27 | )
Unrecognized net actuarial loss charged to comprehensive income (loss) | 151 |  |  | 311 |  |  | 462 |
Net actuarial losses | (1,092 | ) |  | (1,156 | ) |  | (2,248 | )
Foreign currency and other adjustments | — |  |  | (269 | ) |  | (269 | )
Related tax impact | 360 |  |  | 75 |  |  | 435 |
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) | (581 | ) |  | (1,066 | ) |  | (1,647 | )
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance 1 | (1,435 | ) |  | — |  |  | (1,435 | )
Total periodic defined benefit pension cost and other charges to accumulated other comprehensive income (loss) | $ | (2,016 | ) |  | $ | (1,066 | ) |  | $ | (3,082 | )
______________________________________________________________________
1 | During the fourth quarter of fiscal 2018, the Company early adopted authoritative guidance which addresses certain stranded income tax effects in accumulated other comprehensive loss resulting from the Tax Reform enacted in December 2017. As a result, the Company recorded a cumulative adjustment to increase retained earnings by $1.4 million with a corresponding reduction to accumulated other comprehensive loss related to the Company’s SERP.
The components of net periodic defined benefit pension cost to accumulated comprehensive income (loss) for fiscal 2017 related to the Company’s defined benefit plans are as follows (in thousands):
| Year Ended January 28, 2017
| SERP |  | Foreign Pension Plans |  | Total
Service cost | $ | — |  |  | $ | 1,544 |  |  | $ | 1,544 |
Interest cost | 1,839 |  |  | 87 |  |  | 1,926 |
Expected return on plan assets | — |  |  | (185 | ) |  | (185 | )
Net amortization of unrecognized prior service credit | — |  |  | (28 | ) |  | (28 | )
Net amortization of actuarial losses | 155 |  |  | 186 |  |  | 341 |
Net periodic defined benefit pension cost | $ | 1,994 |  |  | $ | 1,604 |  |  | $ | 3,598 |
Unrecognized prior service credit charged to comprehensive income (loss) | $ | — |  |  | $ | (28 | ) |  | $ | (28 | )
Unrecognized net actuarial loss charged to comprehensive income (loss) | 155 |  |  | 186 |  |  | 341 |
Net actuarial gains (losses) | 63 |  |  | (1,248 | ) |  | (1,185 | )
Foreign currency and other adjustments | — |  |  | (72 | ) |  | (72 | )
Related tax impact | (84 | ) |  | 105 |  |  | 21 |
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss) | $ | 134 |  |  | $ | (1,057 | ) |  | $ | (923 | )
Schedule of accumulated other comprehensive income (loss), before tax, that have not yet been recognized in net periodic defined benefit pension cost | Included in accumulated other comprehensive income (loss), before tax, as of February 2, 2019 and February 3, 2018 are the following amounts that have not yet been recognized in net periodic defined benefit pension cost (in thousands):
| Feb 2, 2019 |  | Feb 3, 2018
| SERP |  | Foreign Pension Plans |  | Total |  | SERP |  | Foreign Pension Plans |  | Total
Unrecognized prior service credit | $ | — |  |  | $ | (159 | ) |  | $ | (159 | ) |  | $ | — |  |  | $ | (113 | ) |  | $ | (113 | )
Unrecognized net actuarial loss | 6,480 |  |  | 5,293 |  |  | 11,773 |  |  | 9,454 |  |  | 4,889 |  |  | 14,343 |
Total included in accumulated other comprehensive loss | $ | 6,480 |  |  | $ | 5,134 |  |  | $ | 11,614 |  |  | $ | 9,454 |  |  | $ | 4,776 |  |  | $ | 14,230 |
Schedule of the funded status of the Company's defined benefit plans and the amounts recognized in the Company's consolidated balance sheets | The following table summarizes the funded status of the Company’s defined benefit plans and the amounts recognized in the Company’s consolidated balance sheets (in thousands):
| Feb 2, 2019 |  | Feb 3, 2018
| SERP |  | Foreign Pension Plans |  | Total |  | SERP |  | Foreign Pension Plans |  | Total
Projected benefit obligation | $ | (52,162 | ) |  | $ | (31,105 | ) |  | $ | (83,267 | ) |  | $ | (54,760 | ) |  | $ | (26,409 | ) |  | $ | (81,169 | )
Plan assets at fair value 1 | — |  |  | 25,358 |  |  | 25,358 |  |  | — |  |  | 21,437 |  |  | 21,437 |
Net liability 2 | $ | (52,162 | ) |  | $ | (5,747 | ) |  | $ | (57,909 | ) |  | $ | (54,760 | ) |  | $ | (4,972 | ) |  | $ | (59,732 | )
______________________________________________________________________
1 | The 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 $61.7 million and $64.5 million as of February 2, 2019 and February 3, 2018, respectively.
2 | The 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 for fiscal 2019 and fiscal 2018 is as follows (in thousands):
| Projected Benefit Obligation
| SERP |  | Foreign Pension Plans |  | Total
Balance at January 28, 2017 | $ | 53,521 |  |  | $ | 19,986 |  |  | $ | 73,507 |
Service cost | — |  |  | 2,500 |  |  | 2,500 |
Interest cost | 1,844 |  |  | 147 |  |  | 1,991 |
Actuarial (gains) losses | 1,092 |  |  | 1,156 |  |  | 2,248 |
Contributions by plan participants | — |  |  | 2,315 |  |  | 2,315 |
Payments | (1,697 | ) |  | (1,373 | ) |  | (3,070 | )
Foreign currency and other adjustments | — |  |  | 1,678 |  |  | 1,678 |
Balance at February 3, 2018 | $ | 54,760 |  |  | $ | 26,409 |  |  | $ | 81,169 |
Service cost | — |  |  | 3,039 |  |  | 3,039 |
Interest cost | 1,887 |  |  | 225 |  |  | 2,112 |
Actuarial (gains) losses | (2,787 | ) |  | 1,054 |  |  | (1,733 | )
Contributions by plan participants | — |  |  | 2,310 |  |  | 2,310 |
Payments | (1,698 | ) |  | (1,824 | ) |  | (3,522 | )
Acquisition | — |  |  | 1,539 |  |  | 1,539 |
Foreign currency and other adjustments | — |  |  | (1,647 | ) |  | (1,647 | )
Balance at February 2, 2019 | $ | 52,162 |  |  | $ | 31,105 |  |  | $ | 83,267 |
Schedule of reconciliation of the changes in plan assets for the Foreign Pension Plans | A reconciliation of the changes in plan assets for the Foreign Pension Plans for fiscal 2019 and fiscal 2018 is as follows (in thousands):
| Plan Assets
Balance at January 28, 2017 | $ | 16,305 |
Actual return on plan assets | 244 |
Contributions by employer | 2,575 |
Contributions by plan participants | 2,315 |
Payments | (1,373 | )
Foreign currency and other adjustments | 1,371 |
Balance at February 3, 2018 | $ | 21,437 |
Actual return on plan assets | 252 |
Contributions by employer | 3,308 |
Contributions by plan participants | 2,310 |
Payments | (1,824 | )
Acquisition | 1,186 |
Foreign currency and other adjustments | (1,311 | )
Balance at February 2, 2019 | $ | 25,358 |

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- Definition Tabular disclosure of the reconciliation of beginning and ending balances of the fair value of plan assets of pension plans and/or other employee benefit plans showing separately, if applicable, the effects during the period attributable to each of the following: actual return on plan assets, foreign currency exchange rate changes, contributions by the employer, contributions by plan participants, benefits paid, business combinations, divestitures, and settlements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920 + Details
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