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Retirement Plans
3 Months Ended
Mar. 28, 2015
Compensation and Retirement Disclosure [Abstract]  
Retirement Plans
Retirement Plans

The components of the net periodic expense (benefit) 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 28,
2015
 
March 29,
2014
Service cost
 
$

 
$

Interest cost
 
3,524

 
3,707

Expected return on plan assets
 
(5,226
)
 
(5,206
)
Net amortization and deferral
 

 

Recognized net actuarial loss
 
2,156

 
794

Net periodic expense (benefit)
 
$
454

 
$
(705
)


Interest cost on the projected benefit obligation includes $0.2 million related to the Company’s SERP and OPEB plans in each of the three months ended March 28, 2015, and March 29, 2014.

For the three months ended March 28, 2015, the Company made total contributions of $3.1 million to its pension, SERP and OPEB plans. The Company expects to contribute approximately $3.7 million to its pension, SERP and OPEB plans for the remainder of 2015.