Pep Boys 2006 Annual Report Download - page 100

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THE PEP BOYS—MANNY, MOE & JACK AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Years ended February 3, 2007, January 28, 2006 and January 29, 2005
(dollar amounts in thousands, except share data)
61
Pension expense includes the following:
Year ended
February 3,
2007
January 28,
2006
January 29,
2005
Servicecost......................................... $ 246 $ 363 $ 438
Interest cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,071 3,011 2,903
Expected return on plan assets . . . . . . . . . . . . . . . . . . . . . . . . (2,176) (2,339) (2,299)
Amortization of transitional obligation . . . . . . . . . . . . . . . . . 163 163 163
Amortization of prior service cost. . . . . . . . . . . . . . . . . . . . . . 360 360 364
Recognized actuarial loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,335 2,205 1,733
Net periodic benefit cost. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,999 3,763 3,302
FASNo.88settlementcharge......................... — 568 774
Total Pension Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3,999 $ 4,331 $ 4,076