Pension and Postretirement Benefit Plans

The Company and its subsidiaries sponsor multiple defined benefit plans that cover certain employees. Postretirement benefit plans, other than pensions, provide healthcare benefits for certain eligible employees. Benefits are primarily based on years of service and the employee’s compensation.

Pension Plans

The Company has both funded and unfunded pension benefit plans. It is the Company’s policy to fund such plans in accordance with applicable laws and regulations in order to ensure adequate funds are available in the plans to make benefit payments to plan participants and beneficiaries when required.

The components of the Company's pension related costs for the following periods are as follows:



In thousands	Three Months Ended September 27, 2014			Three Months Ended September 28, 2013			Nine Months Ended September 27, 2014			Nine Months Ended September 28, 2013
Service cost	$	850		$	844		$	2,598		$	2,523
Interest cost	3,176			1,387			8,097			4,157
Expected return on plan assets	(4,016		)	(1,880		)	(10,256		)	(5,628		)
Curtailment / settlement (gain) loss	—			—			—			—
Net amortization of:
Actuarial (gain) loss	(4		)	87			(12		)	262
Transition costs and other	—			—			—			—
Net periodic benefit cost	$	6		$	438		$	427		$	1,314

The Company’s practice is to fund amounts for its qualified pension plans at least sufficient to meet the minimum requirements set forth in applicable employee benefit laws and local tax laws. In addition, the Company manages these plans to ensure that all present and future benefit obligations are met as they come due. Full year contributions are expected to approximate $5.0 million.

Postretirement Plans

The Company sponsors several Non-U.S. postretirement plans that provide healthcare benefits to cover certain eligible employees. These plans have no plan assets, but instead are funded by the Company on a pay-as-you-go basis in the form of direct benefit payments.

The components of the Company's postretirement related costs for the following periods are as follows:



In thousands	Three Months Ended September 27, 2014		Three Months Ended September 28, 2013		Nine Months Ended September 27, 2014		Nine Months Ended September 28, 2013
Service cost	$	9	$	14	$	27	$	44
Interest cost	94		45		281		137
Curtailment / settlement (gain) loss	—		—		—		—
Net amortization of:
Actuarial (gain) loss	5		9		15		27
Transition costs and other	—		—		—		—
Net periodic benefit cost	$	108	$	68	$	323	$	208

For the three months ended September 27, 2014 and September 28, 2013, reclassifications out of accumulated other comprehensive income (loss) totaled less than $0.1 million and $0.1 million, respectively. For the nine months ended September 27, 2014 and September 28, 2013, reclassifications out of accumulated other comprehensive income (loss) totaled less than $0.1 million and $0.3 million, respectively. These amounts related to net actuarial gains/losses included in the computation of net periodic benefit cost for both pension and postretirement benefit plans. At September 27, 2014, Accumulated other comprehensive income (loss) was a loss of 37.1 million, of which $15.8 million related to pension and postretirement benefit plans.

Defined Contribution Plans

The Company sponsors several defined contribution plans through its domestic subsidiaries covering employees who meet certain service requirements. The Company makes matching contributions to the plans based upon a percentage of the employees’ contribution in the case of its 401(k) plans or upon a percentage of the employees’ salary or hourly wages in the case of its non-contributory money purchase plans.