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4. Pension Plans
3 Months Ended
Oct. 26, 2013
Notes  
4. Pension Plans

4. PENSION PLANS

 

            The Company sponsors four defined benefit pension plans.  Net periodic pension costs for the four plans includes the following components:

 

13 Weeks Ended

13 Weeks Ended

October 26, 2013

October 27, 2012

Service cost

 $                     730

 $                     818

Interest cost on projected benefit obligations

                        694

                        618

Expected return on plan assets

                       (797)

                       (694)

Amortization of gains and losses

                        201

                        529

Amortization of prior service costs

                            -

                            2

Net periodic pension cost

 $                     828

 $                   1,273

 

 

            As of October 26, 2013, the Company has contributed $64 to its pension plans in fiscal 2014.  The Company expects to contribute approximately $3,000 during fiscal 2014 to fund its pension plans.