Postretirement Health Care (Tables)

12 Months Ended

Jan. 02, 2016

Compensation and Retirement Disclosure [Abstract]

Components of Net Periodic Postretirement Benefit Cost

(In thousands)	2015			2014
Change in benefit obligation
Benefit obligation at beginning of year	$	21,972		$	16,448
Service cost	803			504
Interest cost	816			735
Benefits paid	(1,009		)	(1,280		)
Actuarial (gain)/loss	(1,698		)	5,565
Benefit obligation at end of year	$	20,884		$	21,972
Change in plan assets
Fair value at beginning of year	$	—		$	—
Actual return on assets	—			—
Employer contribution	1,009			1,280
Transferred out	—			—
Benefits paid	(1,009		)	(1,280		)
Fair value at end of year	$	—		$	—
Funded Status of Plan	$	(20,884	)	$	(21,972	)
Amounts recognized in the Statement of Financial Position consist of:
Current liabilities	$	1,014		$	1,004
Noncurrent liabilities	$	19,870		$	20,968
Amounts recognized in Accumulated Other Comprehensive Income (before tax) consist of:
Actuarial (gain)/loss	$	2,730		$	4,665
Transition (asset)/obligation	—			—
Prior service cost	—			—
	$	2,730		$	4,665
Change in Accumulated Other Comprehensive Income (before tax):
Amount disclosed at beginning of year	$	4,665		$	(900	)
Actuarial (gain)/loss	(1,698		)	5,565
Amortization of actuarial gain or loss				—
Amortization of transition amount	(237		)	—
Amortization of prior service cost				—
Amount disclosed at end of year	$	2,730		$	4,665

Schedule of Expected Benefit Payments

Estimated Future Benefit Payments (In thousands)
Fiscal 2016	$	1,014
Fiscal 2017	1,020
Fiscal 2018	1,018
Fiscal 2019	1,042
Fiscal 2020	1,076
Fiscal 2021 – 2025	6,375
Expected Contributions During Fiscal 2016
Total	$	1,014

Schedule of Net Benefit Costs

Components of Net Periodic Postretirement Benefit Cost (in thousands)	2016
Service cost	$	735
Interest cost	846
Amortization of net (gain)/loss	62
Net periodic postretirement benefit cost/(income)	$	1,643