EMPLOYEE BENEFITS (Tables)

6 Months Ended

Jun. 26, 2016

EMPLOYEE BENEFITS

Schedule of elements of retirement expense

	Quarters Ended				Six Months Ended
	June 26,		June 28,		June 26,		June 28,
(in thousands)	2016		2015		2016		2015
Pension plans:
Service Cost	$	4,700	$	2,920	$	9,400	$	5,840
Interest Cost		22,167		21,249		44,334		42,497
Expected return on plan assets		(27,108)		(26,570)		(54,215)		(53,141)
Actuarial loss		4,595		5,548		9,191		11,097
Net pension expense		4,354		3,147		8,710		6,293
Net post-retirement benefit credit		(660)		(654)		(1,322)		(1,307)
Net retirement expenses	$	3,694	$	2,493	$	7,388	$	4,986