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Pensions and Other Postretirement Benefits
 9 Months Ended
Sep. 28, 2013
Pensions and Other Postretirement Benefits [Abstract]  
Pensions and Other Postretirement Benefits
Note 7 – Pensions and Other Postretirement Benefits

The Company maintains various retirement benefit plans.

The following table shows the components of the net periodic pension cost for the third fiscal quarters of 2013 and 2012 for the Company's defined benefit pension plans:


 
 
Fiscal quarter ended
  
Fiscal quarter ended
 
 
 
September 28, 2013
  
September 29, 2012
 
 
 
U.S. Plans
  
Non-U.S. Plans
  
U.S. Plans
  
Non-U.S. Plans
 
 
 
  
  
  
 
Net service cost
 
$
-
  
$
864
  
$
-
  
$
800
 
Interest cost
  
3,471
   
2,022
   
3,925
   
2,289
 
Expected return on plan assets
  
(4,781
)
  
(510
)
  
(4,743
)
  
(416
)
Amortization of prior service cost (credit)
  
244
   
(9
)
  
550
   
-
 
Amortization of losses
  
3,733
   
832
   
3,142
   
409
 
Net periodic benefit cost
 
$
2,667
  
$
3,199
  
$
2,874
  
$
3,082
 
 
The following table shows the components of the net periodic pension cost for the nine fiscal months ended September 28, 2013 and September 29, 2012 for the Company's defined benefit pension plans:


 
 
Nine fiscal months ended
  
Nine fiscal months ended
 
 
 
September 28, 2013
  
September 29, 2012
 
 
 
U.S. Plans
  
Non-U.S. Plans
  
U.S. Plans
  
Non-U.S. Plans
 
 
 
  
  
  
 
Net service cost
 
$
-
  
$
2,621
  
$
-
  
$
2,425
 
Interest cost
  
10,412
   
6,076
   
11,775
   
7,007
 
Expected return on plan assets
  
(14,343
)
  
(1,559
)
  
(14,229
)
  
(1,242
)
Amortization of prior service cost (credit)
  
733
   
(26
)
  
1,650
   
-
 
Amortization of losses
  
11,198
   
2,499
   
9,427
   
1,243
 
Net periodic benefit cost
 
$
8,000
  
$
9,611
  
$
8,623
  
$
9,433
 



 
The following table shows the components of the net periodic benefit cost for the third fiscal quarters of 2013 and 2012 for the Company's other postretirement benefit plans:


 
 
Fiscal quarter ended
  
Fiscal quarter ended
 
 
 
September 28, 2013
  
September 29, 2012
 
 
 
U.S. Plans
  
Non-U.S. Plans
  
U.S. Plans
  
Non-U.S. Plans
 
 
 
  
  
  
 
Service cost
 
$
28
  
$
74
  
$
19
  
$
62
 
Interest cost
  
78
   
64
   
130
   
70
 
Amortization of prior service (credit)
  
(200
)
  
-
   
(101
)
  
-
 
Amortization of transition obligation
  
-
   
-
   
8
   
-
 
Amortization of losses (gains)
  
1
   
-
   
(24
)
  
-
 
Net periodic benefit cost
 
$
(93
)
 
$
138
  
$
32
  
$
132
 

The following table shows the components of the net periodic pension cost for the nine fiscal months ended September 28, 2013 and September 29, 2012 for the Company's other postretirement benefit plans:


 
 
Nine fiscal months ended
  
Nine fiscal months ended
 
 
 
September 28, 2013
  
September 29, 2012
 
 
 
U.S. Plans
  
Non-U.S. Plans
  
U.S. Plans
  
Non-U.S. Plans
 
 
 
  
  
  
 
Service cost
 
$
83
  
$
222
  
$
55
  
$
189
 
Interest cost
  
235
   
191
   
391
   
214
 
Amortization of prior service (credit)
  
(599
)
  
-
   
(305
)
  
-
 
Amortization of transition obligation
  
-
   
-
   
24
   
-
 
Amortization of losses (gains)
  
3
   
-
   
(72
)
  
-
 
Net periodic benefit cost
 
$
(278
)
 
$
413
  
$
93
  
$
403