EMPLOYEE BENEFIT PLANS

3 Months Ended

Jun. 30, 2011

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

NOTE 9—EMPLOYEE BENEFIT PLANS

        The Company sponsors frozen non-contributory qualified and non-qualified defined benefit pension plans generally covering all employees who, prior to the freeze, were age 21 or older and had completed at least 1,000 hours of service in their first twelve months of employment, or in a calendar year ending thereafter, and who were not covered by a collective bargaining agreement. The Company also offers eligible retirees the opportunity to participate in a health plan (medical and dental). Certain employees are eligible for subsidized postretirement medical benefits. The eligibility for these benefits is based upon a participant's age and service as of January 1, 2009.

        The Company expects to make pension contributions of approximately $967,000 per quarter for a total of approximately $3,868,000 during fiscal 2012.

        Net periodic benefit cost recognized for the plans during the thirteen weeks ended June 30, 2011 and July 1, 2010 consists of the following:

		Pension Benefits						Other Benefits
(In thousands)		June 30, 2011			July 1, 2010			June 30, 2011			July 1, 2010
Components of net periodic benefit cost:
	Service cost	$	45		$	46		$	37		$	38
	Interest cost		1,160			1,151			295			319
	Expected return on plan assets		(1,116	)		(996	)		—			—
	Amortization of net loss		1			154			—			—
	Amortization of prior service credit		—			—			(223	)		(216	)
Net periodic benefit cost		$	90		$	355		$	109		$	141

        During the first quarter of fiscal 2012, the Company recorded an additional estimated withdrawal liability of approximately $301,000 related to a multiemployer pension plan where it had ceased making contributions. As of June 30, 2011, the Company's liability related to these collectively bargained multiemployer pension plan withdrawals, net of quarterly payments, is $4,284,000.