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Pension and Other Postretirement Benefit Plans
 9 Months Ended
Mar. 28, 2014
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. 28,
  
Mar. 29,
  
Mar. 28,
  
Mar. 29,
 
 
 
2014
  
2013
  
2014
  
2013
 
 
 
  
  
  
 
Pension Benefits:
 
  
  
  
 
Service cost
 
$
135
  
$
88
  
$
402
  
$
257
 
Interest cost
  
1,357
   
1,334
   
4,068
   
3,996
 
Expected return on plan assets
  
(1,648
)
  
(1,598
)
  
(4,942
)
  
(4,785
)
Amortization of transition obligation
  
19
   
9
   
57
   
27
 
Amortization of net actuarial loss
  
714
   
845
   
2,141
   
2,536
 
Net periodic benefit cost
 
$
577
  
$
678
  
$
1,726
  
$
2,031
 
 
                
Postretirement Benefits:
                
Service cost
 
$
9
  
$
8
  
$
28
  
$
25
 
Interest cost
  
165
   
191
   
494
   
574
 
Amortization of net actuarial loss
  
150
   
198
   
451
   
594
 
Net periodic benefit cost
 
$
324
  
$
397
  
$
973
  
$
1,193
 

The Company expects to contribute approximately $2,632,000 to its pension plans in fiscal 2014.  As of March 28, 2014, $1,890,000 in contributions have been made.

The Company has reclassified $528,000 (net of $354,000 in taxes) and $1,506,000 (net of $1,060,000 in taxes) of benefit plan adjustments from accumulated other comprehensive loss during the three and nine months ended March 28, 2014.  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.  These reclassifications are included in the computation of net periodic benefit cost.