Pension Expense

3 Months Ended

Oct. 02, 2011

Compensation and Retirement Disclosure [Abstract]

Pension Expense

Pension Expense

Pension expense related to the Company’s defined benefit pension plan for the three-month periods ended October 2, 2011, and October 3, 2010, follows:

	Three Months Ended
	October 2, 2011			October 3, 2010
Interest cost	$	2,419		$	2,559
Expected return on plan assets	(2,655		)	(2,652		)
Recognized net actuarial losses	1,599			1,810
Total net pension expense	$	1,363		$	1,717

The Company contributed $1.9 million to its defined benefit pension plan in September 2011, representing the final contribution due for the pension plan year 2010.

In February 2011, the Company filed an application with the Internal Revenue Service ("IRS") for a waiver of its minimum funding requirements (contributions) for pension plan year 2011. The amount of the waiver requested was approximately $17 million, scheduled to be funded in quarterly installments from April 2011 through January 2012, with a final contribution due in September 2012. The waiver request was approved by the IRS in October 2011, and accordingly, the Company has not made any contributions to the plan for plan year 2011, and will not make any contributions for the remainder of Transition Period 2011. Under current funding regulations, actuarial projections indicate that the Company will be required to make quarterly contributions to the defined benefit pension plan of approximately $11.7 million during fiscal year 2012, resuming in April 2012.