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Retirement Plans
6 Months Ended
Jun. 28, 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
 
For the Six Months Ended
 
 
June 28,
2014
 
June 29,
2013
 
June 28,
2014
 
June 29,
2013
Service cost
 
$

 
$

 
$
1

 
$

Interest cost
 
3,707

 
3,421

 
7,413

 
6,842

Expected return on plan assets
 
(5,206
)
 
(4,618
)
 
(10,412
)
 
(9,236
)
Net amortization and deferral
 

 
(2
)
 

 
(4
)
Recognized net actuarial loss
 
794

 
1,992

 
1,587

 
3,984

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

 
$
(1,411
)
 
$
1,586



Interest cost on projected benefit obligation includes $0.2 million related to the Company’s SERP and OPEB plans in each of the three month periods ended June 28, 2014, and June 29, 2013, and $0.4 million in each of the six month periods ended June 28, 2014, and June 29, 2013.
 
For the six months ended June 28, 2014, the Company made total contributions of $6.9 million to its pension, SERP and OPEB plans. The Company expects to contribute approximately $11.2 million to its pension, SERP and OPEB plans for the remainder of 2014.