Employee Benefit Plans (Tables)

12 Months Ended

Dec. 28, 2014

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Accumulated Other Comprehensive Income

The amounts recognized in accumulated other comprehensive income at December 28, 2014, and December 29, 2013 consist of:

(amounts in thousands)	December 28, 2014			December 29, 2013
Prior service costs	$	421		$	172
Actuarial losses	42,718			26,452
Total	43,139			26,624
Deferred tax	(8,103		)	(8,851		)
Net	$	35,036		$	17,773

Accumulated Other Comprehensive Income Over Next Fiscal Year

The amounts included in accumulated other comprehensive income at December 28, 2014 and expected to be recognized in net periodic pension cost during the year ending December 27, 2015 is as follows:

(amounts in thousands)	December 27, 2015
Prior service costs	$	28
Actuarial loss	3,230
Total	$	3,258

Components of Net Periodic Benefit Cost

The pension plans included the following net cost components:

(amounts in thousands)	December 28, 2014			December 29, 2013		December 30, 2012
Service cost	$	1,097		$	1,081	$	851
Interest cost	3,555			3,537		3,874
Expected return on plan assets	(1		)	103		41
Amortization of actuarial loss	1,495			1,567		224
Amortization of transition obligation	—			—		57
Amortization of prior service costs	12			2		2
Net periodic pension cost	6,158			6,290		5,049
Curtailment loss	—			—		72
Total pension expense	$	6,158		$	6,290	$	5,121

Funded Status of Plans and Amount Recognized in Balance Sheet

The tables below set forth the funded status of our plans and amounts recognized in the accompanying Consolidated Balance Sheets.

(amounts in thousands)	December 28, 2014			December 29, 2013
Change in benefit obligation
Net benefit obligation at beginning of year	$	107,029		$	104,364
Service cost	1,097			1,081
Interest cost	3,555			3,537
Actuarial loss (gain)	23,975			(1,538		)
Gross benefits paid	(4,743		)	(4,773		)
Plan amendments	306			158
Foreign currency exchange rate changes	(14,270		)	4,200
Net benefit obligation at end of year	$	116,949		$	107,029
Change in plan assets
Fair value of plan assets at beginning of year	$	2,339		$	1,488
Actual return on assets	1,422			330
Employer contributions	4,942			5,206
Gross benefits paid	(4,743		)	(4,773		)
Foreign currency exchange rate changes	(403		)	88
Fair value of plan assets at end of year	$	3,557		$	2,339
Reconciliation of funded status
Funded status at end of year	$	(113,392	)	$	(104,690	)

Schedule of Accrued Benefits

(amounts in thousands)	December 28, 2014		December 29, 2013
Amounts recognized in accrued benefit consist of:
Accrued pensions — current	$	4,472	$	5,013
Accrued pensions	108,920		99,677
Net amount recognized at end of year	$	113,392	$	104,690
Other comprehensive income attributable to prior service cost arising during year	$	306	$	158
Accumulated benefit obligation at end of year	$	110,204	$	101,341

Pension Plans with Accumulated Benefit Obligations in Excess Of Fair Value Of Plan Assets

The following table sets forth additional fiscal year-ended information for pension plans for which the accumulated benefit is in excess of plan assets:

(amounts in thousands)	December 28, 2014		December 29, 2013
Projected benefit obligation	$	116,949	$	107,029
Accumulated benefit obligation	$	110,204	$	101,341
Fair value of plan assets	$	3,557	$	2,339

Weighted Average Assumptions Used To Determine Benefit Obligations

The weighted average rate assumptions used in determining pension costs and the projected benefit obligation are as follows:

	December 28, 2014		December 29, 2013		December 30, 2012
Weighted average assumptions for year-end benefit obligations:
Discount rate(1)	2.01	%	3.52	%
Expected rate of increase in future compensation levels	2.52	%	2.53	%
Weighted average assumptions for net periodic benefit cost development:
Discount rate(1)	3.52	%	3.53	%	4.77	%
Expected rate of return on plan assets	3.90	%	4.50	%	5.25	%
Expected rate of increase in future compensation levels	2.53	%	2.52	%	2.52	%
Measurement Date:	December 31, 2014		December 31, 2013		December 31, 2012

⁽¹⁾  Represents the weighted average rate for all pension plans.

Expected Benefit Payments Associated With The Pension and Postretirement Benefit Plans

The benefits expected to be paid over the next five years and the five aggregated years after:

(amounts in thousands)
2015	$	4,474
2016	$	4,455
2017	$	4,581
2018	$	4,655
2019	$	4,698
2020 through 2024	$	24,954

Summary Of The Fair Value Of Pension Plan Assets

The following table provides a summary of the fair value of our pension plan assets at December 28, 2014 utilizing the fair value hierarchy discussed in Note 14 of the Consolidated Financial Statements:

(amounts in thousands)	Total Fair Value Measurement December 28, 2014		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Global insurance assets	$	3,557	$	—	$	—	$	3,557

Schedule of Changes in Fair Value of Plan Assets

Additional information pertaining to the changes in the fair value of the pension plan assets classified as Level 3 for the year ended December 28, 2014 is presented below:

(amounts in thousands)	Balance as of December 29, 2013		Actual Return on Plan Assets, Relating to Assets Still Held at the Reporting Date		Actual Return on Plan Assets, Relating to Assets Sold During the Period		Purchases, Sales and Settlements		Transfer into / (out of) Level 3			Change due to Exchange Rate Changes			Balance as of December 28, 2014
Asset Category
Global insurance assets	$	2,339	$	1,423	$	—	$	261	$	(62	)	$	(404	)	$	3,557
Total Level 3 Assets	$	2,339	$	1,423	$	—	$	261	$	(62	)	$	(404	)	$	3,557