XML 31 R18.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 3 - Retirement and Other Benefit Plans (Tables)
12 Months Ended
Oct. 28, 2016
Notes Tables  
Schedule of Net Benefit Costs [Table Text Block]
 
 
52 Weeks
 
 
 
2016
 
 
2015
 
Service cost
  $
130
    $
113
 
Interest cost
   
2,448
     
2,176
 
Expected return on plan assets
   
(2,871
)
   
(3,346
)
Amortization of unrecognized loss
   
1,927
     
1,244
 
Amortization of unrecognized prior service costs
   
-
     
-
 
Net pension cost
  $
1,634
    $
187
 
Schedule of Assumptions Used [Table Text Block]
 
 
2016
 
 
2015
 
Discount rate
   
3.40
%
   
4.15
%
Rate of increase in salary levels
   
N/A
     
N/A
 
Expected return on plan assets
   
7.00
%
   
8.00
%
Schedule of Changes in Projected Benefit Obligations [Table Text Block]
 
 
52 Weeks
 
 
 
2016
 
 
2015
 
Change in plan assets:
               
Fair value of plan assets - beginning of year
  $
41,419
    $
42,320
 
Employer contributions
   
1,150
     
1,157
 
Actual return (depreciation) on plan assets
   
790
     
(640
)
Benefits paid
   
(1,488
)
   
(1,418
)
Fair value of plan assets - end of year
  $
41,871
    $
41,419
 
Change in benefit obligations:
               
Benefit obligations - beginning of year
  $
59,931
    $
54,277
 
Service cost
   
130
     
113
 
Interest cost
   
2,448
     
2,176
 
Actuarial loss
   
7,266
     
4,783
 
Benefits paid
   
(1,488
)
   
(1,418
)
Benefit obligations - end of year
   
68,287
     
59,931
 
Funded status of the plans
   
(26,416
)
   
(18,512
)
Unrecognized prior service costs
   
-
     
-
 
Unrecognized net actuarial loss
   
33,264
     
25,844
 
Net amount recognized
  $
6,848
    $
7,332
 
Schedule of Allocation of Plan Assets [Table Text Block]
Asset Class
 
2016
 
 
Target
Asset
Allocation
 
 
2015
 
 
Target
Asset
Allocation
 
Large Cap Equities
   
32.0
%
   
32.0
%
   
31.1
%
   
32.0
%
Mid Cap Equities
   
0
%
   
0.0
%
   
0
%
   
0.0
%
Small Cap Equities
   
12.1
%
   
12.0
%
   
13.3
%
   
12.0
%
International (equities only)
   
21.3
%
   
21.0
%
   
20.3
%
   
21.0
%
Fixed Income
   
30.7
%
   
31.0
%
   
30.8
%
   
31.0
%
Other (Government/Corporate, Bonds)
   
2.0
%
   
2.0
%
   
1.9
%
   
2.0
%
Cash
   
1.9
%
   
2.0
%
   
2.6
%
   
2.0
%
Total
   
100.0
     
100.0
%
   
100.0
     
100.0
%
Fair Value of Pension Plan Assets [Table Text Block]
   
2016
 
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
 
Total
 
                                 
Total plan assets
  $
41,871
     
-
     
-
    $
41,871
 
Net Periodic Post-retirement Healthcare Cost [Table Text Block]
 
 
52 Weeks
 
 
 
2016
 
 
2015
 
Service cost
  $
13
    $
20
 
Interest cost
   
28
     
36
 
Amortization of prior service cost
   
(132
)
   
-
 
Amortization of actuarial gain
   
(106
)
   
(37
)
Net periodic postretirement healthcare (benefit) cost
  $
(197
)
  $
19
 
Schedule of Health Care Cost Trend Rates [Table Text Block]
 
 
2016
 
 
2015
 
Discount rate
   
3.38
%
   
3.94
%
Medical trend rate next year
   
8.50
%
   
8.50
%
Ultimate trend rate
   
5.00
%
   
5.00
%
Year ultimate trend rate is achieved
 
2021
   
2021
 
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]
 
 
2016
 
 
2015
 
Interest cost plus service cost
  $
(5
)
  $
(4
)
Accumulated postretirement healthcare obligation
  $
(49
)
  $
(66
)
Schedule of Net Funded Status [Table Text Block]
 
 
2016
 
 
2015
 
Change in accumulated postretirement healthcare obligation:
               
Healthcare obligation - beginning of year
  $
1,003
    $
965
 
Service cost
   
13
     
20
 
Interest cost
   
28
     
36
 
Eliminate FSA
   
(441
)
   
-
 
Actuarial (gain) loss
   
(89
)
   
1
 
Benefits paid
   
(3
)
   
(19
)
Healthcare obligation – end of year
  $
511
    $
1,003
 
                 
Funded status of the plans
   
511
     
1,003
 
Unrecognized prior service costs
   
(308
)
   
-
 
Unrecognized net actuarial gain
   
(156
)
   
(174
)
Unrecognized amounts recorded in other comprehensive income
   
464
 
   
174
 
Postretirement healthcare liability
  $
511
    $
1,003
 
Post-retirement Healthcare Benefits [Member]  
Notes Tables  
Schedule of Expected Benefit Payments [Table Text Block]
Fiscal Years
Postretirement
Heathcare
Benefits
 
2017
    $
13
 
2018
    $
13
 
2019
    $
53
 
2020
    $
76
 
2021-2025     $
396
 
One Percent Increase in Healthcare Cost Trend Rate [Member]  
Notes Tables  
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]
 
 
2016
 
 
2015
 
Interest cost plus service cost
  $
6
    $
5
 
Accumulated postretirement healthcare obligation
  $
59
    $
80
 
Executive Post-retirement Benefits [Member]  
Notes Tables  
Schedule of Expected Benefit Payments [Table Text Block]
Fiscal Years
 
 
Executive
Postretirement
Benefits
 
2017
    $
75
 
2018
    $
121
 
2019
    $
287
 
2020
    $
521
 
2021
    $
521
 
2022-2026     $
2,603
 
Pension Plan [Member]  
Notes Tables  
Schedule of Expected Benefit Payments [Table Text Block]
Fiscal Years
 
 
Pension
Benefits
 
2017
    $
2,277
 
2018
    $
2,197
 
2019
    $
2,124
 
2020
    $
2,466
 
2021
    $
2,663
 
2022-2026     $
15,888