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Note 12 - Benefit Plans (Tables)
12 Months Ended
Dec. 27, 2014
Compensation and Retirement Disclosure [Abstract]  
Schedule of Defined Benefit Plans Disclosures [Table Text Block]
   

2014

   

2013

 

(In thousands)

 

U.S.

   

Foreign

   

Total

   

U.S.

   

Foreign

   

Total

 

Change in benefit obligation:

                                               

Benefit obligation at beginning of year

  $ 84,422     $ 50,331     $ 134,753     $ 95,187     $ 15,406     $ 110,593  

Service cost

    600       925       1,525       600       744       1,344  

Interest cost

    3,884       2,060       5,944       3,565       1,376       4,941  

Net actuarial loss (gain)

    22,025       5,652       27,677       (9,854 )     1,111       (8,743 )

Benefits paid from the trust

    (5,172 )     (2,525 )     (7,697 )     (5,076 )     (1,755 )     (6,831 )

Benefits paid directly by company

          (155 )     (155 )           (112 )     (112 )

Acquisition

                            31,041       31,041  

Effect of exchange rate movements

          (3,548 )     (3,548 )           2,520       2,520  

Benefit obligation at end of year

  $ 105,759     $ 52,740     $ 158,499     $ 84,422     $ 50,331     $ 134,753  
                                                 

Change in plan assets at fair value:

                                               

Fair value of plan assets at beginning of year

  $ 83,748     $ 42,477     $ 126,225     $ 77,949     $ 10,952     $ 88,901  

Actual return on plan assets

    10,416       5,141       15,557       5,875       (196 )     5,679  

Employer contributions

    5,000       5,596       10,596       5,000       4,109       9,109  

Benefits paid

    (5,173 )     (2,525 )     (7,698 )     (5,076 )     (1,756 )     (6,832 )

Acquisition

                            26,904       26,904  

Effect of exchange rate movements

          (3,096 )     (3,096 )           2,464       2,464  

Fair value of plan assets at end of year

    93,991       47,593       141,584       83,748       42,477       126,225  

Net amount recognized/(unfunded status)

  $ (11,768 )   $ (5,147 )   $ (16,915 )   $ (674 )   $ (7,854 )   $ (8,528 )
                                                 

Amounts recognized in the Consolidated Balance Sheet consist of:

                                               

Current portion of accrued benefit liability

  $ (11,768 )   $     $ (11,768 )   $     $     $  

Accrued benefit liability

          (5,147 )     (5,147 )     (674 )     (7,854 )     (8,528 )

Total liability recognized

  $ (11,768 )   $ (5,147 )   $ (16,915 )   $ (674 )   $ (7,854 )   $ (8,528 )

Accumulated other comprehensive loss

  $ 34,801     $ 7,671     $ 42,472     $ 18,095     $ 5,594     $ 23,689  
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
   

2014

   

2013

 

(In thousands)

 

U.S.

   

Foreign

   

Total

   

U.S.

   

Foreign

   

Total

 

Net actuarial loss

  $ 34,801     $ 7,671     $ 42,472     $ 18,095     $ 5,594     $ 23,689  

Prior service (cost)

                                   

Net amount recognized / occurring, pre-tax

  $ 34,801     $ 7,671     $ 42,472     $ 18,095     $ 5,594     $ 23,689  
Schedule of Net Benefit Costs [Table Text Block]
   

U.S.

   

Foreign

 

(In thousands)

 

2014

   

2013

   

2012

   

2014

   

2013

   

2012

 

Components of net periodic benefit cost:

                                               

Service cost

  $ 600     $ 600     $ 600     $ 925     $ 744     $ 601  

Interest cost

    3,884       3,565       4,962       2,060       1,376       644  

Expected return on plan assets

    (5,646 )     (5,360 )     (6,620 )     (2,292 )     (1,207 )     (480 )

Amortization of prior service (credit)

                                  (1 )

Amortization of losses (gains)

    549       942       338       216       130       63  

Total cost of the plan for the year

    (613 )     (253 )     (720 )     909       1,043       827  

Expected plan participants’ contributions

                                   

Net periodic benefit (credit) cost

    (613 )     (253 )     (720 )     909       1,043       827  

Settlement loss

                5,098                   188  

Total (income) expense for the year

  $ (613 )   $ (253 )   $ 4,378     $ 909     $ 1,043     $ 1,015  
Schedule of Assumptions Used [Table Text Block]
   

U.S.

   

Foreign

 
   

2014

   

2013

   

2012

   

2014

   

2013

   

2012

 

Discount rate

    4.8 %     3.9 %     5.4 %     3.7 %     4.5 %     5.5 %

Expected return on plan assets

    6.8 %     6.8 %     7.8 %     4.9 %     4.8 %     4.5 %

Compensation increase rate

                      3.8 %     3.6 %     5.6 %

Measurement dates

 

12/31/14

   

12/31/13

   

12/31/12

   

12/31/14

   

12/31/13

   

12/31/12

 
   

U.S.

   

Foreign

 
   

2014

   

2013

   

2012

   

2014

   

2013

   

2012

 

Discount rate

    3.9 %     4.8 %     3.9 %     3.7 %     4.5 %     4.2 %

Compensation increase rate

                      5.3 %     3.8 %     6.3 %

Measurement dates

 

12/31/14

   

12/31/13

   

12/31/12

   

12/31/14

   

12/31/13

   

12/31/12

 
Schedule of Expected Benefit Payments [Table Text Block]

Year

   

U.S.

   

Foreign

 

2015

      109,883       2,215  

2016

            2,095  

2017

            2,155  

2018

            2,191  

2019

            2,232  
2020-2024             12,153  
Schedule of Allocation of Plan Assets [Table Text Block]
   

U.S. Asset Allocation

   

Foreign Asset Allocation

 
   

2014

   

2013

   

2014

   

2013

 

Equity securities

    0 %     53 %     30 %     33 %

Debt securities

    91 %     46 %     68 %     61 %

Cash

    9 %     1 %     2 %     6 %
      100 %     100 %     100 %     100 %
Pension Plan Assets Measured at Fair Value [Table Text Block]
   

Fair Value Measurements Using

         
   

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

   

Significant
Other
Observable
Inputs
(Level 2)

   

Significant
Unobservable
Inputs
(Level 3)

   

Total

 

Equities:

                               

Global Equity 50:50 Index Fund

  $     $ 13,168     $     $ 13,168  

Philippine Stock

    1,069                   1,069  

Fixed income:

                               

Long U.S. Credit Corp Index Fund

          42,911             42,911  

Long U.S. Govt Bond Index Fund

          24,116             24,116  

Intermediate U.S. Govt Bond Index Fund

          18,884             18,884  

Investment grade corporate bond funds

    8,118                   8,118  

Over 15y Gilts Index Fund

          3,814             3,814  

Active Corp Bond – Over 10 Yr Fund

          7,065             7,065  

Over 5y Index-Linked Gilts Fund

          11,352             11,352  

Philippine Long Govt Securities

    1,059                   1,059  

Philippine Long Corporate Bonds

    781                   781  

Cash and equivalents

    9,247                   9,247  

Total pension plan assets

  $ 20,274     $ 121,310     $     $ 141,584  
   

Fair Value Measurements Using

         
   

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

   

Significant
Other
Observable
Inputs
(Level 2)

   

Significant
Unobservable
Inputs
(Level 3)

   

Total

 

Equities:

                               

MSCI Emg Mkts Index Fund

  $     $ 4,679     $     $ 4,679  

MSCI World Index Fund

          39,332             39,332  

Global Equity Index Fund

          12,859             12,859  

Philippine Stock

    918                   918  

Fixed income:

                               

Long U.S. Credit Corp Index Fund

          24,830             24,830  

Long U.S. Govt Bond Index Fund

          8,269             8,269  

High yield corporate bond funds

          5,792             5,792  

Investment grade corporate bond funds

    9,637                   9,637  

Over 15y Gilts Index Fund

          5,626             5,626  

Act Agg Long Dat 50:50 Fixed Int Fund

          5,174             5,174  

AAA Fixed Int Over 15 Year Fund

          5,394             5,394  

Other

    237                   237  

Cash and equivalents

    3,478                   3,478  

Total pension plan assets

  $ 14,270     $ 111,955     $     $ 126,225