XML 126 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Retirement Plans
6 Months Ended
Jun. 29, 2013
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):

 
 
 
 
 
 
 
 
 
 
 
For the Three Months Ended
 
For the Six Months Ended
 
 
June 29, 2013
 
June 30, 2012
 
June 29, 2013
 
June 30, 2012
Service cost
 
$

 
$
517

 
$

 
$
1,034

Interest cost
 
3,421

 
3,633

 
6,842

 
7,266

Expected return on plan assets
 
(4,618
)
 
(4,258
)
 
(9,236
)
 
(8,516
)
Net amortization and deferral
 
(2
)
 
(1
)
 
(4
)
 
(2
)
Recognized net actuarial loss
 
1,992

 
1,628

 
3,984

 
3,256

Net periodic expense
 
$
793

 
$
1,519

 
$
1,586

 
$
3,038



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 29, 2013 and June 30, 2012, respectively, and $0.4 million in each of the six months ended June 29, 2013 and June 30, 2012, respectively.
 
For the six months ended June 29, 2013, the Company made contributions of $6.9 million to its pension plans and other postretirement plans. The Company expects to contribute approximately $9.2 million to its pension plans and other postretirement plans for the remainder of 2013.