Retirement Plans	12 Months Ended
Dec. 27, 2015
Retirement Plans	Note 13—Retirement Plans We sponsor the Fairchild Personal Savings and Retirement Plan (the “Retirement Plan”), a contributory savings plan which qualifies under section 401(k) of the Internal Revenue Code. The Retirement Plan covers substantially all employees in the U.S. As of January 1, 2007, we provide a discretionary matching contribution equal to 100% of employee elective deferrals on the first 3% of pay that is contributed to the Retirement Plan and 50% of the next 2% of pay contributed. We also maintain a non-qualified Benefit Restoration Plan, under which certain eligible employees who have otherwise exceeded annual IRS limitations for elective deferrals can continue to contribute to their retirement savings. We match employee elective deferrals to the Benefit Restoration Plan on the same basis as the Retirement Plan. Total expense recognized under these plans was $4.8 million, $5.2 million and $5.8 million for 2015, 2014 and 2013, respectively. We also provide certain former executives with health care benefits in accordance with their respective employment agreements. As of December 27, 2015 and December 28, 2014, we have recognized $2.3 million and $2.4 million, respectively, with respect to these agreements as a liability in the consolidated statements of financial position. Employees in Korea and Malaysia participate in defined contribution plans. We have funded accruals for these plans in accordance with statutory regulations in each location. Amounts recognized as expense for contributions made under the Korean plan were $7.7 million, $7.0 million and $6.5 million in 2015, 2014 and 2013, respectively and for the Malaysian plan were $1.3 million, $2.2 million and $2.4 million in 2015, 2014 and 2013, respectively. Employees in the United Kingdom, Italy, Germany, Finland, China, Hong Kong, the Philippines, Japan and Taiwan are also covered by a variety of defined benefit or defined contribution pension plans that are administered consistent with local statutes and practices. The expense under each of the respective plans for 2015, 2014 and 2013 was not material to the consolidated financial statements. We recognize the over-funded or under-funded status of our defined post retirement plans as an asset or liability in our statement of financial position. We currently have defined benefit pension plans in Germany, the Philippines, and Taiwan. The net funded status for our foreign defined benefit plans was $6.4 million and $8.5 million at December 27, 2015 and December 28, 2014, respectively, and was recognized as a liability in the consolidated statements of financial position. We measure plan assets and benefit obligations as of the date of our fiscal year end.

Retirement Plans

12 Months Ended

Dec. 27, 2015

Note 13—Retirement Plans

We sponsor the Fairchild Personal Savings and Retirement Plan (the “Retirement Plan”), a contributory savings plan which qualifies under section 401(k) of the Internal Revenue Code. The Retirement Plan covers substantially all employees in the U.S. As of January 1, 2007, we provide a discretionary matching contribution equal to 100% of employee elective deferrals on the first 3% of pay that is contributed to the Retirement Plan and 50% of the next 2% of pay contributed. We also maintain a non-qualified Benefit Restoration Plan, under which certain eligible employees who have otherwise exceeded annual IRS limitations for elective deferrals can continue to contribute to their retirement savings. We match employee elective deferrals to the Benefit Restoration Plan on the same basis as the Retirement Plan. Total expense recognized under these plans was $4.8 million, $5.2 million and $5.8 million for 2015, 2014 and 2013, respectively.

We also provide certain former executives with health care benefits in accordance with their respective employment agreements. As of December 27, 2015 and December 28, 2014, we have recognized $2.3 million and $2.4 million, respectively, with respect to these agreements as a liability in the consolidated statements of financial position.

Employees in Korea and Malaysia participate in defined contribution plans. We have funded accruals for these plans in accordance with statutory regulations in each location. Amounts recognized as expense for contributions made under the Korean plan were $7.7 million, $7.0 million and $6.5 million in 2015, 2014 and 2013, respectively and for the Malaysian plan were $1.3 million, $2.2 million and $2.4 million in 2015, 2014 and 2013, respectively.

Employees in the United Kingdom, Italy, Germany, Finland, China, Hong Kong, the Philippines, Japan and Taiwan are also covered by a variety of defined benefit or defined contribution pension plans that are administered consistent with local statutes and practices. The expense under each of the respective plans for 2015, 2014 and 2013 was not material to the consolidated financial statements.

We recognize the over-funded or under-funded status of our defined post retirement plans as an asset or liability in our statement of financial position. We currently have defined benefit pension plans in Germany, the Philippines, and Taiwan. The net funded status for our foreign defined benefit plans was $6.4 million and $8.5 million at December 27, 2015 and December 28, 2014, respectively, and was recognized as a liability in the consolidated statements of financial position. We measure plan assets and benefit obligations as of the date of our fiscal year end.