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Pension and Other Postretirement Benefits
9 Months Ended
Aug. 29, 2015
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits
PENSION AND OTHER POSTRETIREMENT BENEFITS
 
The Company provides various retirement benefits, including defined benefit plans and postretirement healthcare plans covering certain current and retired employees in the U.S. and abroad.  Components of net periodic benefit cost (income) and Company contributions for these plans were as follows:
 
 
Quarter Ended
 
Nine Months Ended
 
 
August 29,
2015
 
August 30,
2014
 
August 29,
2015
 
August 30,
2014
Pension Benefits:
 
 
 
 
 
 
 
 
Components of net periodic benefit cost (income):
 
 
 
 
 
 
 
 
Service cost
 
$
361

 
$
499

 
$
1,430

 
$
1,495

Interest cost
 
2,020

 
1,934

 
5,767

 
5,798

Expected return on plan assets
 
(2,843
)
 
(2,835
)
 
(8,686
)
 
(8,500
)
Curtailment
 
1

 

 
1

 

Amortization of unrecognized:
 
 
 
 
 
 
 
 
Prior service cost
 
(2
)
 
(3
)
 
(4
)
 
(9
)
Net actuarial loss
 
826

 
721

 
2,760

 
2,163

Net periodic benefit cost
 
$
363

 
$
316

 
$
1,268

 
$
947

 
 
 
 
 
 
 
 
 
Cash contributions
 
$
101

 
$
66

 
$
354

 
$
193

 
 
 
 
 
 
 
 
 
Postretirement Healthcare Benefits:
 
 
 
 
 
 
 
 
Components of net periodic benefit cost (income):
 
 
 
 
 
 
 
 
Interest cost
 
$
2

 
$
2

 
$
6

 
$
6

Amortization of unrecognized:
 
 
 
 
 
 
 
 
Prior service cost
 
(31
)
 
(31
)
 
(93
)
 
(93
)
Net actuarial gain
 
(37
)
 
(37
)
 
(111
)
 
(111
)
Net periodic benefit income
 
$
(66
)
 
$
(66
)
 
$
(198
)
 
$
(198
)
 
 
 
 
 
 
 
 
 
Cash contributions
 
$
15

 
$
16

 
$
45

 
$
48

 
The Company’s policy is to contribute to its qualified U.S. and non-U.S. pension plans at least the minimum amount required by applicable laws and regulations, to contribute to the U.S. combined nonqualified plans when required for benefit payments, and to contribute to the postretirement healthcare benefit plan an amount equal to the benefit payments.  The Company, from time to time, makes voluntary contributions in excess of the minimum amount required as economic conditions warrant.

As is discussed further in Note 3, on June 27, 2015 the Company disposed of J.L. Clark. This disposal resulted in a significant reduction in expected future service of J.L. Clark employees that participated in the Company's qualified U.S. pension plan. The resulting curtailment and re-measurement of the assets and liabilities of the Company's qualified U.S. pension plan as of the date of disposal resulted in a reduction of the projected benefit obligation and pension liability of approximately $3,988, recorded through accumulated other comprehensive loss.

The Company expects to contribute up to the following amounts to its various plans to pay benefits during 2015:

U.S. Qualified Plans
$

U.S. Combined Nonqualified Plans
221

Non-U.S. Plan
394

Postretirement Healthcare Benefit Plan
58

Total expected contributions
$
673


During the three and nine months ended August 29, 2015, the Company contributed $116 and $399 to its various plans. In addition to the plan assets related to its qualified plans, the Company has a funded balance of $740 and $893 at August 29, 2015 and November 29, 2014, respectively, in a restricted trust for its U.S. combined nonqualified plans (see Note 5).  This trust is included in Other noncurrent assets in the Consolidated Condensed Balance Sheets.