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Retirement Plans
3 Months Ended
Mar. 29, 2014
Compensation and Retirement Disclosure [Abstract]  
Retirement Plans
Retirement Plans

The components of the net periodic (benefit) expense for the Company’s pension plans, supplemental executive retirement plans ("SERP") and other postretirement benefit plans ("OPEB") are as follows (in thousands):

 
 
For the Three Months Ended
 
 
March 29, 2014
 
March 30, 2013
Service cost
 
$

 
$

Interest cost
 
3,707

 
3,421

Expected return on plan assets
 
(5,206
)
 
(4,618
)
Net amortization and deferral
 

 
(2
)
Recognized net actuarial loss
 
794

 
1,992

Net periodic (benefit) expense
 
$
(705
)
 
$
793



Interest cost on projected benefit obligation includes $0.2 million related to the Company’s SERP and OPEB plans in each of the three months ended March 29, 2014, and March 30, 2013, respectively.
 
For the three months ended March 29, 2014, the Company made total contributions of $3.3 million to its pension, SERP and OPEB plans. The Company expects to contribute approximately $14.8 million to its pension, SERP and OPEB plans for the remainder of 2014.