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Defined Benefit Plans (Tables) | 12 Months Ended
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Feb. 01, 2025
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 1, 2025
Service cost | $ | — |  |  | $ | 4,264 |  |  | $ | 4,264 |
Interest cost | 1,765 |  |  | 1,009 |  |  | 2,774 |
Expected return on plan assets | — |  |  | (865) |  |  | (865) |
Net amortization of unrecognized prior service credit | — |  |  | (161) |  |  | (161) |
Net amortization of actuarial (gain) loss | (174) |  |  | 162 |  |  | (12) |
Net periodic defined benefit pension cost | $ | 1,591 |  |  | $ | 4,409 |  |  | $ | 6,000 |
Unrecognized prior service credit charged to comprehensive income (loss) | $ | — |  |  | $ | (161) |  |  | $ | (161) |
Unrecognized net actuarial gain (loss) charged to comprehensive income (loss) | (174) |  |  | 162 |  |  | (12) |
Net actuarial gain (loss) | 3,837 |  |  | (5,332) |  |  | (1,495) |
Foreign currency and other adjustments | — |  |  | 465 |  |  | 465 |
Related tax impact | (845) |  |  | 749 |  |  | (96) |
Total periodic defined benefit pension cost and other charges to OCL and AOCL | $ | 2,818 |  |  | $ | (4,117) |  |  | $ | (1,299) |
| 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 (loss) | 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 |
Schedule of Accumulated Other Comprehensive Income (Loss), Before Income Tax, Not Yet 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 1, 2025 |  | Feb 3, 2024
| SERP |  | Foreign Pension Plans |  | Total |  | SERP |  | Foreign Pension Plans |  | Total
Unrecognized prior service credit | $ | — |  |  | $ | (52) |  |  | $ | (52) |  |  | $ | — |  |  | $ | (67) |  |  | $ | (67) |
Unrecognized net actuarial (gain) loss | (10,215) |  |  | 9,632 |  |  | (583) |  |  | (6,544) |  |  | 4,737 |  |  | (1,807) |
Total included in AOCL | $ | (10,215) |  |  | $ | 9,580 |  |  | $ | (635) |  |  | $ | (6,544) |  |  | $ | 4,670 |  |  | $ | (1,874) |
Schedule of Funded Status of Defined Benefit Plans and Amounts Recognized in the 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 1, 2025 |  | Feb 3, 2024
| SERP |  | Foreign Pension Plans |  | Total |  | SERP |  | Foreign Pension Plans |  | Total
Projected benefit obligation | $ | (33,751) |  |  | $ | (65,253) |  |  | $ | (99,004) |  |  | $ | (37,730) |  |  | $ | (56,260) |  |  | $ | (93,990) |
Plan assets at fair value 1 | — |  |  | 53,479 |  |  | 53,479 |  |  | — |  |  | 49,433 |  |  | 49,433 |
Net liability 2 | $ | (33,751) |  |  | $ | (11,774) |  |  | $ | (45,525) |  |  | $ | (37,730) |  |  | $ | (6,827) |  |  | $ | (44,557) |
______________________________________________________________________ 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 $63.8 million and $63.4 million as of February 1, 2025 and February 3, 2024, 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 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 28, 2023 | $ | 42,367 |  |  | $ | 47,366 |  |  | $ | 89,733 |
Service cost | — |  |  | 3,731 |  |  | 3,731 |
Interest cost | 1,862 |  |  | 913 |  |  | 2,775 |
Actuarial gains | (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 |
Service cost | — |  |  | 4,264 |  |  | 4,264 |
Interest cost | 1,765 |  |  | 1,009 |  |  | 2,774 |
Actuarial (gains) losses | (3,837) |  |  | 4,563 |  |  | 726 |
Contributions by plan participants | — |  |  | 5,345 |  |  | 5,345 |
Payments | (1,907) |  |  | (3,311) |  |  | (5,218) |
Foreign currency and other adjustments | — |  |  | (2,877) |  |  | (2,877) |
Balance at February 1, 2025 | $ | 33,751 |  |  | $ | 65,253 |  |  | $ | 99,004 |
Schedule of Reconciliation of 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 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 |
Actual return on plan assets | 98 |
Contributions by employer | 4,562 |
Contributions by plan participants | 5,345 |
Payments | (3,311) |
Foreign currency and other adjustments | (2,648) |
Balance at February 1, 2025 | $ | 53,479 |

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