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Pension and Other Postretirement Benefit Plans
6 Months Ended
Dec. 27, 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
  
Six Months Ended
 
 
 
Dec. 27,
  
Dec. 28,
  
Dec. 27,
  
Dec. 28,
 
 
 
2013
  
2012
  
2013
  
2012
 
 
 
  
  
  
 
Pension Benefits:
 
  
  
  
 
Service cost
 
$
135
  
$
49
  
$
267
  
$
93
 
Interest cost
  
1,356
   
1,311
   
2,711
   
2,619
 
Expected return on plan assets
  
(1,648
)
  
(1,580
)
  
(3,294
)
  
(3,151
)
Amortization of transition obligation
  
19
   
(11
)
  
38
   
(22
)
Amortization of net loss
  
714
   
846
   
1,427
   
1,691
 
Net periodic benefit cost
 
$
576
  
$
615
  
$
1,149
  
$
1,230
 
 
                
Postretirement Benefits:
                
Service cost
 
$
9
  
$
9
  
$
19
  
$
17
 
Interest cost
  
164
   
191
   
329
   
383
 
Amortization of net actuarial loss
  
151
   
197
   
301
   
395
 
Net periodic benefit cost
 
$
324
  
$
397
  
$
649
  
$
795
 

The Company expects to contribute approximately $2,643,000 to its pension plans in fiscal 2014.  As of December 27, 2013, $1,281,000 in contributions have been made.

The Company has reclassified $528,000 (net of $354,000 in taxes) and $978,000 (net of $706,000 in taxes) of benefit plan adjustments from accumulated other comprehensive loss during the three and six months ended December 27, 2013.  The Company has reclassified $652,000 (net of $375,000 in taxes) and $1,320,000 (net of $759,000 in taxes) of benefit plan adjustments from accumulated other comprehensive loss during the three and six months ended December 28, 2012.  These reclassifications are included in the computation of net periodic benefit cost.