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Retirement Benefits (Tables)
9 Months Ended
Aug. 01, 2014
Schedule of Net Periodic Pension Cost

The Company’s pension plans principally include a U.S. pension plan maintained by Esterline and a non-U.S. plan maintained by CMC Electronics, Inc. (CMC). Components of periodic pension cost consisted of the following:

 

(In thousands)

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

 

August 1,

 

 

July 26,

 

 

August 1,

 

 

July 26,

 

 

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

 

Service cost

 

$

2,621

 

 

$

2,832

 

 

$

8,244

 

 

$

9,103

 

 

Interest cost

 

 

4,737

 

 

 

4,414

 

 

 

14,314

 

 

 

13,208

 

 

Expected return on plan assets

 

 

(6,504

)

 

 

(5,836

)

 

 

(19,398

)

 

 

(17,142

)

 

Amortization of prior service costs

 

 

19

 

 

 

20

 

 

 

58

 

 

 

62

 

 

Amortization of actuarial loss

 

 

1,213

 

 

 

3,465

 

 

 

3,913

 

 

 

10,320

 

 

Net Periodic Cost

 

$

2,086

 

 

$

4,895

 

 

$

7,131

 

 

$

15,551

 

 

 

Schedule of Net Periodic Post-Retirement Costs

The Company’s principal post-retirement plans include non-U.S. plans, which are non-contributory healthcare and life insurance plans. The components of expense of these other retirement benefits consisted of the following:

 

(In thousands)

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

 

August 1,

 

 

July 26,

 

 

August 1,

 

 

July 26,

 

 

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

 

Service cost

 

$

233

 

 

$

956

 

 

$

696

 

 

$

1,470

 

 

Interest cost

 

 

187

 

 

 

214

 

 

 

560

 

 

 

590

 

 

Amortization of prior service costs

 

 

(17

)

 

 

(17

)

 

 

(51

)

 

 

(52

)

 

Amortization of actuarial loss (gain)

 

 

(67

)

 

 

8

 

 

 

(201

)

 

 

24

 

 

Net Periodic Cost

 

$

336

 

 

$

1,161

 

 

$

1,004

 

 

$

2,032