XML 65 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Retirement Plans
3 Months Ended
Dec. 27, 2013
Retirement Plans

10. RETIREMENT PLANS

The Company’s net defined benefit and post-retirement benefit costs were composed of the following:

 

 

Three Months Ended

 

(In thousands)

December 27,
2013

 

 

December 28,
2012

 

 

Defined Benefit Plans

 

 

 

 

 

 

 

Service cost

$

1,023

  

 

$

1,229

  

Interest cost

 

1,514

  

 

 

1,320

  

Expected return on plan assets

 

(1,935

 

 

(1,440

Amortization of prior service cost

 

43

  

 

 

40

  

Recognized actuarial loss

 

539

  

 

 

682

  

Net periodic benefit cost

$

1,184

  

 

$

1,831

  

Post-Retirement Benefit Plans

 

 

 

 

 

 

 

Interest cost

$

43

  

 

$

40

  

Amortization of prior service cost

 

1

  

 

 

1

  

Recognized actuarial (gain) / loss

 

(3

)  

 

 

15

  

Net periodic benefit cost

$

41

  

 

$

56

  

The Company made contributions to the defined benefit plans of $1.5 million during the three months ended December 27, 2013. The Company currently expects total contributions to the defined benefit plans for fiscal year 2014 will be approximately $6.4 million. The Company made contributions to the post-retirement benefit plans of $0.1 million during the three months ended December 27, 2013. The Company currently expects total contributions to the post-retirement benefit plans for fiscal year 2014 will be approximately $0.5 million.