EMPLOYEE BENEFIT PLANS

3 Months Ended

Jun. 28, 2012

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

NOTE 8—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. 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 $888,000 per quarter for a total of approximately $3,552,000 during fiscal 2013.

        Net periodic benefit cost recognized for the plans during the thirteen weeks ended June 28, 2012 and June 30, 2011 consists of the following:

	Pension Benefits						Other Benefits
(In thousands)	June 28, 2012			June 30, 2011			June 28, 2012			June 30, 2011
Components of net periodic benefit cost:
Service cost	$	45		$	45		$	44		$	37
Interest cost		1,159			1,160			257			295
Expected return on plan assets		(1,070	)		(1,116	)		—			—
Amortization of net loss		531			1			52			—
Amortization of prior service credit		—			—			(265	)		(223	)
Net periodic benefit cost	$	665		$	90		$	88		$	109