XML 102 R81.htm IDEA: XBRL DOCUMENT v3.8.0.1
DEFINED BENEFIT RETIREMENT PLAN (Details)
£ in Thousands, $ in Thousands
12 Months Ended
Dec. 30, 2017
GBP (£)
item
Dec. 30, 2017
USD ($)
item
$ / £
Dec. 31, 2016
USD ($)
$ / £
Dec. 26, 2015
USD ($)
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]        
Pension retirement benefits to qualified employees as percent of final salary per year of service 1.67% 1.67%    
Eligibility age 65 years 65 years    
Active members of defined benefit retirement income plan | item 0 0    
Foreign currency exchange rate used to translate the net pension liability | $ / £   1.3490 1.2340  
Defined benefit pension liability   $ 189,552 $ 209,470  
Change in Projected Benefit Obligation        
Beginning balance   696,137 697,449  
Interest cost   18,152 23,496  
Benefits paid   (22,172) (17,792)  
Actuarial loss     (125,765)  
Ending balance   783,301 696,137  
Plan Assets        
Fair value beginning balance   486,667 518,126  
Employer contributions   40,245 1,426  
Actual return on plan assets   40,842 80,538  
Benefits paid   (22,172) (17,792)  
Currency translation   48,167 (95,631)  
Fair value ending balance   593,749 486,667  
Funded status        
Funded status   (189,552) (209,470) $ (179,323)
Accumulated other comprehensive income (loss)        
Balance at the beginning of the period   (156,878) (106,959)  
Actuarial loss   (1,789) (66,957)  
Currency translation gain (loss)   (9,583) 17,038  
Balance at the end of the period   $ (168,250) $ (156,878)  
Weighted average actuarial assumptions used to determine the benefit obligation        
Discount rate (as a percent)   2.55% 2.80%  
CPI index (as a percent)   2.20% 2.25%  
RPI Inflation (as a percent)   3.30% 3.15%  
Net periodic benefit expense:        
Interest cost   $ 18,152 $ 23,496  
Expected return on plan assets   (20,486) (22,986)  
Defined Benefit Plan, Amortization of Gains (Losses)   (2,982) (1,360)  
Net periodic benefit expense   $ 648 $ 1,870  
Weighted average actuarial assumptions used to determine expense        
Discount rate (as a percent) 2.80% 2.80% 3.75%  
Expected return on plan assets (as a percent) 4.22% 4.22% 5.15%  
RPI index (as a percent) 2.25% 2.25% 2.15%  
CPI index (as a percent) 3.35% 3.35% 3.35%  
Limit on employer contributions per annum £ 10,000 $ 13,490    
Administrative costs of the Plan £ 1,100 1,484    
Expected pension benefit payments        
2016   23,879    
2017   24,689    
2018   25,500    
2019   26,308    
2020   27,117    
2021-2025   $ 149,078    
Weighted average maturity period of corporate bond portfolio 13 years 13 years    
Defined Benefit Plan, Foreign Currency Exchange Rate Gain (Loss)   $ 66,030 $ (132,781)