Post-Retirement Plans (Tables)

9 Months Ended

Oct. 07, 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 October 7, 2017 as compared to accounts at December 31, 2016 (amounts in thousands):

	October 7, 2017		December 31, 2016
Current liability	$	979	$	979
Noncurrent liability	$	63,532	$	69,601
Accumulated other comprehensive loss, net of tax	$	80,275	$	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 Twelve Weeks Ended						For the Forty Weeks Ended
	October 7, 2017			October 8, 2016			October 7, 2017			October 8, 2016
Service cost	$	174		$	192		$	581		$	639
Interest cost		2,779			3,140			9,792			10,557
Expected return on plan assets		(5,437	)		(6,325	)		(19,191	)		(20,394	)
Settlement loss		3,030			1,832			3,030			6,473
Amortization of prior service cost		83			96			291			291
Amortization of net loss		1,365			2,175			4,792			5,128
Total net periodic pension cost (income)	$	1,994		$	1,110		$	(705	)	$	2,694

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 7, 2017			October 8, 2016			October 7, 2017			October 8, 2016
Service cost	$	59		$	93		$	197		$	308
Interest cost		52			71			174			237
Amortization of prior service credit		(49	)		(49	)		(163	)		(163	)
Amortization of net gain		(114	)		(105	)		(383	)		(349	)
Total net periodic post-retirement (income) cost	$	(52	)	$	10		$	(175	)	$	33