POST-RETIREMENT PLANS (Tables)

9 Months Ended

Oct. 08, 2016

Summary of Company's Balance Sheet Related Pension and Other Postretirement Benefit Plan

The following summarizes the company’s balance sheet related pension and other post-retirement benefit plan accounts at October 8, 2016 as compared to accounts at January 2, 2016 (amounts in thousands):

	October 8, 2016		January 2, 2016
Current benefit liability	$	1,118	$	1,118
Noncurrent benefit liability	$	127,878	$	76,541
Accumulated other comprehensive loss, net of tax	$	117,732	$	86,610

Pension plans

Components of Net Periodic Benefit / (Income) Cost

The net periodic pension cost (income) for the company’s plans include the following components (amounts in thousands):

	For the Twelve Weeks Ended						For the Forty Weeks Ended
	October 8, 2016			October 10, 2015			October 8, 2016			October 10, 2015
Service cost	$	192		$	201		$	639		$	671
Interest cost		3,140			4,155			10,557			13,849
Expected return on plan assets		(6,325	)		(6,840	)		(20,394	)		(22,801	)
Settlement loss		1,832			—			6,473			—
Amortization of prior service cost		96			—			291			—
Amortization of net loss		2,175			1,149			5,128			3,830
Total net periodic benefit (income) cost	$	1,110		$	(1,335	)	$	2,694		$	(4,451	)

Post-retirement Benefit Plan

Components of Net Periodic Benefit / (Income) Cost

The net periodic post-retirement benefit (income) cost for the company includes the following components (amounts in thousands):  

	For the Twelve Weeks Ended						For the Forty Weeks Ended
	October 8, 2016			October 10, 2015			October 8, 2016			October 10, 2015
Service cost	$	93		$	92		$	308		$	307
Interest cost		71			83			237			277
Amortization of prior service credit		(49	)		(108	)		(163	)		(361	)
Amortization of net gain		(105	)		(135	)		(349	)		(449	)
Total net periodic benefit (income) cost	$	10		$	(68	)	$	33		$	(226	)