EMPLOYEE BENEFITS (Tables)

6 Months Ended

Jun. 25, 2017

EMPLOYEE BENEFITS

Schedule of elements of retirement expense

	Quarters Ended				Six Months Ended
	June 25,		June 26,		June 25,		June 26,
(in thousands)	2017		2016		2017		2016
Pension plans:
Service Cost	$	—	$	—	$	—	$	—
Interest Cost		21,367		22,167		42,734		44,334
Expected return on plan assets		(22,393)		(22,408)		(44,785)		(44,815)
Actuarial loss		5,084		4,595		10,168		9,191
Net pension expense		4,058		4,354		8,117		8,710
Net post-retirement benefit credit		(730)		(660)		(1,462)		(1,322)
Net retirement benefit expenses	$	3,328	$	3,694	$	6,655	$	7,388