Post-Retirement Plans (Tables)

4 Months Ended

Apr. 22, 2017

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 April 22, 2017 as compared to accounts at December 31, 2016 (amounts in thousands):

	April 22, 2017		December 31, 2016
Current benefit liability	$	979	$	979
Noncurrent benefit liability	$	65,692	$	69,601
Accumulated other comprehensive loss, net of tax	$	81,079	$	82,222

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 Sixteen Weeks Ended
	April 22, 2017			April 23, 2016
Service cost	$	232		$	255
Interest cost		4,008			4,532
Expected return on plan assets		(7,860	)		(8,612	)
Amortization of prior service cost		119			119
Amortization of net loss		1,958			1,798
Total net periodic pension benefit (income) cost	$	(1,543	)	$	(1,908	)

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 Sixteen Weeks Ended
	April 22, 2017			April 23, 2016
Service cost	$	79		$	123
Interest cost		70			95
Amortization of prior service credit		(65	)		(65	)
Amortization of net gain		(153	)		(140	)
Total net periodic post-retirement benefit (income) cost	$	(69	)	$	13