EMPLOYEE BENEFITS (Tables)

6 Months Ended

Jun. 29, 2014

EMPLOYEE BENEFITS

Schedule of elements of retirement expense

	Quarters Ended						Six Months Ended
	June 29,			June 30,			June 29,			June 30,
(in thousands)	2014			2013			2014			2013
Pension plans:
Service cost	$	2,007		$	1,373		$	4,015		$	2,773
Interest cost	22,751			21,173			45,502			42,298
Expected return on plan assets	(26,865		)	(25,252		)	(53,730		)	(50,527		)
Prior service cost amortization	3			7			6			7
Actuarial loss	4,002			6,404			8,004			12,779
Net pension expense	1,898			3,705			3,797			7,330
Net post-retirement credit	(741		)	(624		)	(1,482		)	(1,249		)
Net retirement expense	$	1,157		$	3,081		$	2,315		$	6,081