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Retirement Plans
6 Months Ended
Jun. 30, 2012
Defined Contribution Pension and Other Postretirement Plans Disclosure [Abstract]  
Retirement Plans [Text Block]
Retirement Plans
 
The components of the net periodic expense for the Company’s pension plans and other postretirement benefit plans are as follows (in thousands):
 
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30, 2012
 
July 2, 2011
 
June 30, 2012
 
July 2, 2011
Service cost
 
$
517

 
$
369

 
$
1,034

 
$
657

Interest cost
 
3,633

 
3,773

 
7,266

 
7,543

Expected return on plan assets
 
(4,258
)
 
(4,092
)
 
(8,516
)
 
(8,181
)
Net amortization and deferral
 
(1
)
 
(1
)
 
(2
)
 
(2
)
Recognized net actuarial loss
 
1,628

 
316

 
3,256

 
632

Net periodic expense
 
$
1,519

 
$
365

 
$
3,038

 
$
649



Interest cost on projected benefit obligation includes $0.2 million related to the Company’s other postretirement plans in each of the three months ended June 30, 2012 and July 2, 2011, and $0.4 million in each of the six months ended June 30, 2012 and July 2, 2011.
 
For the six months ended June 30, 2012, the Company made contributions of $8.8 million to its pension plans and other postretirement plans. The Company expects to contribute approximately $10.6 million to its pension plans and other postretirement plans for the remainder of 2012.