XML 29 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
Retirement Plan
9 Months Ended
Mar. 29, 2012
Retirement Plan [Abstract]  
Retirement Plan

Note 9 — Retirement Plan

On August 2, 2007, our Compensation, Nominating and Corporate Governance Committee approved a restated Supplemental Retirement Plan (the “SERP”) for certain of our executive officers and key employees, effective as of August 25, 2005. The purpose of the SERP is to provide an unfunded, non-qualified deferred compensation benefit upon retirement, disability or death to certain executive officers and key employees. The monthly benefit is based upon each individual’s earnings and his or her number of years of service. Administrative expenses include the following net periodic benefit costs:

 

                                 
    For the Quarter Ended     For the Thirty-nine Weeks Ended  
    March 29,
2012
    March 24,
2011
    March 29,
2012
    March 24,
2011
 

Service cost

  $ 61     $ 53     $ 182     $ 161  

Interest cost

    150       145       450       433  

Amortization of prior service cost

    239       239       718       718  

Amortization of gain

    (46     (54     (139     (162
   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

  $ 404     $ 383     $ 1,211     $ 1,150