XML 70 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Retirement Plans
 9 Months Ended
Sep. 28, 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 Nine Months Ended
 
 
September 28, 2013
 
September 29, 2012
 
September 28, 2013
 
September 29, 2012
Service cost
 
$
—

 
$
415

 
$
—

 
$
1,449

Interest cost
 
3,421

 
3,642

 
10,263

 
10,908

Expected return on plan assets
 
(4,618
)
 
(4,141
)
 
(13,854
)
 
(12,657
)
Net amortization and deferral
 
(2
)
 
(1
)
 
(6
)
 
(3
)
Recognized net actuarial loss
 
1,992

 
1,562

 
5,976

 
4,818

Net periodic expense
 
$
793

 
$
1,477

 
$
2,379

 
$
4,515



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 September 28, 2013 and September 29, 2012, and $0.6 million and $0.7 million in the nine months ended September 28, 2013 and September 29, 2012, respectively.
 
For the nine months ended September 28, 2013, the Company made contributions of $12.4 million to its pension plans and other postretirement plans. The Company expects to contribute approximately $3.7 million to its pension plans and other postretirement plans for the remainder of 2013.