Pension plan

9 Months Ended

Mar. 31, 2012

Compensation and Retirement Disclosure [Abstract]

Pension plan

Pension plan

The Company’s noncontributory defined benefit pension plan (the “Plan”) covers substantially all domestic employees. Components of net periodic pension costs during the quarters and nine months ended March 31, 2012 and April 2, 2011 were as follows:

	Third Quarters Ended						Nine Months Ended
	March 31, 2012			April 2, 2011			March 31, 2012			April 2, 2011
	(Thousands)
Service cost	$	7,095		$	3,356		$	21,285		$	17,906
Interest cost	3,731			3,240			11,193			10,440
Expected return on plan assets	(6,734		)	(6,720		)	(20,202		)	(20,670		)
Recognized net actuarial loss	2,420			2,054			7,260			6,704
Amortization of prior service credit	(469		)	(457		)	(1,407		)	(1,407		)
Net periodic pension cost	$	6,043		$	1,473		$	18,129		$	12,973

There were no contributions made to the Plan during the first nine months of fiscal 2012.