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Pension and Other Postretirement Benefit Plans
 9 Months Ended
Mar. 29, 2013
Pension and Other Postretirement Benefit Plans [Abstract]  
Pension and Other Postretirement Benefit Plans
G. 
Pension and Other Postretirement Benefit Plans

The Company has non-contributory, qualified defined benefit plans covering substantially all domestic employees hired prior to October 1, 2003 and certain foreign employees.  Additionally, the Company provides health care and life insurance benefits for certain domestic retirees.  Components of net periodic benefit cost for the defined benefit pension plans and the other postretirement benefit plan are as follows (in thousands):

 
Three Months Ended
 
 
Nine Months Ended
 
 
Mar. 29,
 
 
Mar. 30,
 
 
Mar. 29,
 
 
Mar. 30,
 
 
2013
 
 
2012
 
 
2013
 
 
2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension Benefits:
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
88
 
 
$
53
 
 
$
257
 
 
$
152
 
Interest cost
 
 
1,334
 
 
 
1,516
 
 
 
3,996
 
 
 
4,543
 
Expected return on plan assets
 
 
(1,598
)
 
 
(1,927
)
 
 
(4,785
)
 
 
(5,775
)
Amortization of transition obligation
9
-
27
-
Amortization of net loss
 
 
845
 
 
 
580
 
 
 
2,536
 
 
 
1,740
 
Net periodic benefit cost
 
$
678
 
 
$
222
 
 
$
2,031
 
 
$
660
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Postretirement Benefits:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
8
 
 
$
10
 
 
$
25
 
 
$
31
 
Interest cost
 
 
191
 
 
 
245
 
 
 
574
 
 
 
738
 
Amortization of net actuarial loss
 
 
198
 
 
 
106
 
 
 
594
 
 
 
316
 
Net periodic benefit cost
 
$
397
 
 
$
361
 
 
$
1,193
 
 
$
1,085
 

The Company expects to contribute approximately $4,224,000 to its pension plans in fiscal 2013.  As of March 29, 2013, $3,633,000 in contributions have been made.
 
The Company has reclassified $676,000 (net of $376,000 in taxes) and $1,996,000 (net of $1,160,000 in taxes) of benefit plan adjustments from accumulated other comprehensive loss during the three and nine months ended March 29, 2013.  The Company has reclassified $418,000 (net of $240,000 in taxes) and $1,303,000 (net of $747,000 in taxes) of benefit plan adjustments from accumulated other comprehensive loss during the three and nine months ended March 30, 2012, respectively.  These reclassifications are included in the computation of net periodic benefit cost.