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Employee Pension and Profit Sharing Plans (Tables)
12 Months Ended
Sep. 28, 2012
Compensation and Retirement Disclosure [Abstract]  
Schedule of Net Benefit Costs
The following table sets forth the components of net periodic pension cost for the Company’s single-employer defined benefit pension plans for fiscal 2012, fiscal 2011 and fiscal 2010 (in thousands):  
 
 
Fiscal Year
Ended
 
Fiscal Year
Ended
 
Fiscal Year
Ended
 
 
September 28, 2012
 
September 30, 2011
 
October 1, 2010
Service cost
 
$
9,961

 
$
10,310

 
$
8,308

Interest cost
 
13,001

 
13,086

 
11,769

Expected return on plan assets
 
(12,521
)
 
(12,738
)
 
(10,577
)
Settlements
 
467

 
704

 
1,066

Amortization of prior service cost
 
6

 
6

 
6

Recognized net (gain) loss
 
2,392

 
1,608

 
1,234

Net periodic pension cost
 
$
13,306

 
$
12,976

 
$
11,806

Schedule of Defined Benefit Plans Disclosures
The following table set forth changes in the projected benefit obligation and the fair value of plan assets for these plans (in thousands):
 
Change in benefit obligation:
 
September 28, 2012
 
September 30, 2011
Benefit obligation, beginning
 
$
244,754

 
$
239,103

Foreign currency translation
 
14,056

 
(6,426
)
Service cost
 
9,961

 
10,310

Interest cost
 
13,001

 
13,086

Employee contributions
 
3,565

 
3,619

Actuarial loss (gain)
 
34,227

 
(4,532
)
Benefits paid
 
(11,699
)
 
(8,151
)
Settlements and curtailments
 
(1,055
)
 
(2,255
)
Benefit obligation, end
 
$
306,810

 
$
244,754

 
 
 
 
 
Change in plan assets:
 
 
 
 
Fair value of plan assets, beginning
 
$
178,587

 
$
175,943

Foreign currency translation
 
9,866

 
(4,350
)
Employer contributions
 
20,558

 
16,375

Employee contributions
 
3,565

 
3,619

Actual return on plan assets
 
22,601

 
(2,594
)
Benefits paid
 
(11,699
)
 
(8,151
)
Settlements
 
(1,206
)
 
(2,255
)
Fair value of plan assets, end
 
$
222,272

 
$
178,587


 
 
 
 
Funded Status at end of year
 
$
(84,538
)
 
$
(66,167
)
Schedule of Amounts Recognized in Balance Sheet Including Accumulated Other Comprehensive Income
Amounts recognized in the Consolidated Balance Sheets consist of the following (in thousands):
 
 
September 28, 2012
 
September 30, 2011
Current benefit liability (included in Accrued expenses and other current liabilities)
 
$
(484
)
 
$
(188
)
Noncurrent benefit liability (included in Other Noncurrent Liabilities)
 
$
(84,054
)
 
$
(65,979
)
Net actuarial loss (gain) (included in Accumulated other comprehensive (income) loss before taxes)
 
$
77,391

 
$
52,526

Prior service cost (included in Accumulated other comprehensive (income) loss before taxes)
 
$
52

 
$
63

Schedule of Assumptions Used
The following weighted average assumptions were used to determine pension expense of the respective fiscal years:
 
 
September 28, 2012
 
September 30, 2011
Discount rate
 
5.0
%
 
5.2
%
Rate of compensation increase
 
3.5
%
 
3.5
%
Long-term rate of return on assets
 
6.6
%
 
6.8
%
The following weighted average assumptions were used to determine the funded status of the respective fiscal years:
 
 
September 28, 2012
 
September 30, 2011
Discount rate
 
4.2
%
 
5.0
%
Rate of compensation increase
 
3.4
%
 
3.5
%
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets
The following table sets forth information for the Company’s single-employer pension plans with an accumulated benefit obligation in excess of plan assets as of September 28, 2012 and September 30, 2011 (in thousands):
 
 
 
September 28, 2012
 
September 30, 2011
Projected benefit obligation
 
$
302,072

 
$
244,754

Accumulated benefit obligation
 
274,701

 
205,537

Fair value of plan assets
 
217,044

 
178,587

Schedule of Allocation of Plan Assets
The fair value of plan assets for the Company’s defined benefit pension plans as of September 28, 2012 and September 30, 2011 is as follows (see Note 15 for a description of the fair value levels) (in thousands):
 
 
September 28, 2012
 
Quoted prices in
active markets
Level 1
 
Significant other
observable inputs
Level 2
 
Significant
unobservable inputs
Level 3
Cash and cash equivalents and other
 
$
2,042

 
$
2,042

 
$

 
$

Investment funds:
 
 
 
 
 
 
 
 
Pooled funds—equity
 
141,784

 

 
141,784

 

Pooled funds—fixed income
 
78,446

 

 
78,446

 

Total
 
$
222,272

 
$
2,042

 
$
220,230

 
$

 
 
September 30, 2011
 
Quoted prices in
active markets
Level 1
 
Significant other
observable inputs
Level 2
 
Significant
unobservable inputs
Level 3
Cash and cash equivalents and other
 
$
1,610

 
$
1,610

 
$

 
$

Investment funds:
 
 
 
 
 
 
 
 
Pooled funds—equity
 
104,168

 

 
104,168

 

Pooled funds—fixed income
 
72,809

 

 
72,809

 

Total
 
$
178,587

 
$
1,610

 
$
176,977

 
$

Schedule of Expected Benefit Payments
The following table sets forth the benefits expected to be paid in the next five fiscal years and in aggregate for the five fiscal years thereafter by the Company’s defined benefit pension plans (in thousands):
 
 
 
Fiscal 2013
$
11,683

Fiscal 2014
$
11,141

Fiscal 2015
$
10,850

Fiscal 2016
$
11,313

Fiscal 2017
$
11,890

Fiscal 2018 – 2022
$
64,349

Schedule of Multiemployer Plans
There have been no significant changes that affect the comparability of fiscal 2012, fiscal 2011 and fiscal 2010 contributions.
Pension
Fund
EIN/Pension
Plan Number
Pension Protection
Act Zone Status
FIP/RP Status Pending/ Implemented
Contributions by the Company
(in thousands)
 
Range of Expiration Dates of CBAs
2012
2011
2012
2011
2010
Surcharge
Imposed
National Retirement Fund
13-6130178/ 001
Red
Red
Implemented
$
4,868

$
5,367

$
5,672

No
5/31/2010- 11/30/2014
Service Employees Pension Fund of Upstate New York (1)
16-0908576/ 001
Red
Red
Implemented
247

385

277

No
9/30/2014- 6/30/2015
Local 1102 Retirement Trust (2)
13-1847329/ 001
Red
Red
Implemented
201

232

211

No
6/30/2013- 6/30/2015
Central States SE and SW Areas Pension Plan
36-6044243/ 001
Red
Red
Implemented
3,164

2,869

2,758

No
1/31/2007- 11/26/2015
Pension Plan for Hospital & Health Care Employees Philadelphia & Vicinity
23-2627428/ 001
Red
Red
Implemented
154

122

240

No
1/31/2013
Richmond Teamsters and Industry Pension Fund (3)
54-6056180/ 001
Green
Green
N/A
121

109

98

No
1/26/2016
Other funds




13,546

12,785

11,629


 
Total contributions




$
22,301

$
21,869

$
20,885


 
(1)
Over 60% of the Company's participants in this fund are covered by a single CBA that expires on 6/30/2015.
(2)
Over 90% of the Company's participants in this fund are covered by a single CBA that expires on 6/30/2015.
(3)
The Company is one of two participants in this fund along with Hostess Brands Inc., which is currently in bankruptcy. Additionally, the fund has informed the Company that the fund exercised an automatic 5-year amortization extension that affected the calculation of the fund's PPA zone status.
The Company provided more than 5 percent of the total contributions for the following plans and plan years:
Pension
Fund
 
Contributions to the plan exceeded more than 5% of total contributions (as of the plan's year-end)
Local 1102 Retirement Trust
 
12/31/ 2011 and 12/31/2010
Service Employees Pension Fund of Upstate New York
 
12/31/ 2011 and 12/31/2010
Richmond Teamsters and Industry Pension Fund
 
2/28/2011 and 2/28/2010