Employee Benefit Plans

6 Months Ended

Jun. 29, 2013

NOTE G - Employee Benefit Plans
The following table illustrates the components of net periodic benefit cost:


(THOUSANDS OF DOLLARS)	THREE MONTHS ENDED				SIX MONTHS ENDED
	JUNE 29,		JUNE 30,		JUNE 29,		JUNE 30,
	2013		2012		2013		2012
Service cost	$	105	$	13	$	117	$	25
Interest cost		434		560		1,000		1,120
Expected return on plan assets		(807)		(577)		(1,419)		(1,154)
Amortization of unrecognized loss		571		288		900		576
Amortization of prior service cost		3		3		6		6
Net Periodic Benefit Cost	$	306	$	287	$	604	$	573

The Company contributed $0.7 million to its defined benefit pension plan in the first six months of 2013. The Company expects to contribute $2.1 million to its defined benefit pension plans in 2013. Additionally, the Company expects to contribute $0.9 million to its defined contribution retirement plans in 2013.

In the second quarter of 2013, the Company settled a defined benefit pension plan that covered certain employees of its former manufacturing facility in Ireland. The Company incurred approximately $1.4 million in non-cash charges that are included in selling, general and administrative expenses.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Name Accounting Standards Codification

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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-Name Statement of Financial Accounting Standard (FAS)

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-Name Statement of Financial Accounting Standard (FAS)

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+ Details