XML 60 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Pension plan
 6 Months Ended
Dec. 28, 2013
Compensation and Retirement Disclosure [Abstract]  
Pension plan
Pension plan
The Company has a noncontributory defined benefit pension plan (the “Plan”) for which the components of net periodic pension costs during the quarters ended December 28, 2013 and December 29, 2012 were as follows:
 
Second Quarters Ended
 
Six Months Ended
 
December 28,
2013
 
December 29,
2012
 
December 28,
2013
 
December 29,
2012
 
(Thousands)
Service cost
$
9,183

 
$
9,230

 
$
18,366

 
$
18,460

Interest cost
4,289

 
3,663

 
8,578

 
7,326

Expected return on plan assets
(7,727
)
 
(6,976
)
 
(15,454
)
 
(13,952
)
Recognized net actuarial loss
3,171

 
3,724

 
6,342

 
7,448

Amortization of prior service credit
(393
)
 
(393
)
 
(786
)
 
(786
)
Net periodic pension cost
$
8,523

 
$
9,248

 
$
17,046

 
$
18,496


The Company made contributions to the Plan of $20.0 million during the first half of fiscal 2014. The Company currently expects to make additional contributions to the Plan of $10.0 million in each of the remaining quarters of fiscal 2014