Employee Benefit Plans (Tables)

12 Months Ended

Dec. 27, 2015

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Accumulated Other Comprehensive Income

The amounts recognized in accumulated other comprehensive income at December 27, 2015, and December 28, 2014 consist of:

(amounts in thousands)	December 27, 2015			December 28, 2014
Prior service costs	$	590		$	421
Actuarial losses	24,810			42,718
Total	25,400			43,139
Deferred tax	(7,168		)	(8,103		)
Net	$	18,232		$	35,036

Accumulated Other Comprehensive Income Over Next Fiscal Year

The amounts included in accumulated other comprehensive income at December 27, 2015 and expected to be recognized in net periodic pension cost during the year ending December 25, 2016 is as follows:

(amounts in thousands)	December 25, 2016
Prior service costs	$	39
Actuarial loss	1,749
Total	$	1,788

Components of Net Periodic Benefit Cost

The pension plans included the following net cost components:

(amounts in thousands)	December 27, 2015			December 28, 2014			December 29, 2013
Service cost	$	1,194		$	1,097		$	1,081
Interest cost	2,106			3,555			3,537
Expected return on plan assets	(134		)	(1		)	103
Amortization of actuarial loss	2,947			1,495			1,567
Amortization of prior service costs	26			12			2
Net periodic pension cost	6,139			6,158			6,290
Total pension expense	$	6,139		$	6,158		$	6,290

Funded Status of Plans and Amount Recognized in Balance Sheet

The tables below set forth the funded status of our plans and amounts recognized in the accompanying Consolidated Balance Sheets.

(amounts in thousands)	December 27, 2015			December 28, 2014
Change in benefit obligation
Net benefit obligation at beginning of year	$	116,949		$	107,029
Service cost	1,194			1,097
Interest cost	2,106			3,555
Actuarial (gain) loss	(11,237		)	23,975
Gross benefits paid	(4,366		)	(4,743		)
Plan amendments	240			306
Foreign currency exchange rate changes	(11,537		)	(14,270		)
Net benefit obligation at end of year	$	93,349		$	116,949
Change in plan assets
Fair value of plan assets at beginning of year	$	3,557		$	2,339
Actual return on assets	(228		)	1,422
Employer contributions	4,188			4,942
Gross benefits paid	(4,366		)	(4,743		)
Foreign currency exchange rate changes	(350		)	(403		)
Fair value of plan assets at end of year	$	2,801		$	3,557
Reconciliation of funded status
Funded status at end of year	$	(90,548	)	$	(113,392	)

Schedule of Accrued Benefits

(amounts in thousands)	December 27, 2015		December 28, 2014
Amounts recognized in accrued pension consist of:
Accrued pensions — current	$	3,994	$	4,472
Accrued pensions	86,554		108,920
Net amount recognized at end of year	$	90,548	$	113,392
Other comprehensive income attributable to prior service cost arising during year	$	240	$	306
Accumulated benefit obligation at end of year	$	88,442	$	110,204

Pension Plans with Accumulated Benefit Obligations in Excess Of Fair Value Of Plan Assets

The following table sets forth additional fiscal year-ended information for pension plans for which the accumulated benefit is in excess of plan assets:

(amounts in thousands)	December 27, 2015		December 28, 2014
Projected benefit obligation	$	93,349	$	116,949
Accumulated benefit obligation	$	88,442	$	110,204
Fair value of plan assets	$	2,801	$	3,557

Weighted Average Assumptions Used To Determine Benefit Obligations

The weighted average rate assumptions used in determining pension costs and the projected benefit obligation are as follows:

	December 27, 2015		December 28, 2014		December 29, 2013
Weighted average assumptions for year-end benefit obligations:
Discount rate(1)	2.51	%	2.01	%
Expected rate of increase in future compensation levels	2.52	%	2.52	%
Weighted average assumptions for net periodic benefit cost development:
Discount rate(1)	2.01	%	3.52	%	3.53	%
Expected rate of return on plan assets	2.25	%	3.90	%	4.50	%
Expected rate of increase in future compensation levels	2.52	%	2.53	%	2.52	%
Measurement Date:	December 31, 2015		December 31, 2014		December 31, 2013

⁽¹⁾  Represents the weighted average rate for all pension plans.

Expected Benefit Payments Associated With The Pension and Postretirement Benefit Plans

The benefits expected to be paid over the next five years and the five aggregated years after:

(amounts in thousands)
2016	$	3,995
2017	$	4,034
2018	$	4,108
2019	$	4,148
2020	$	4,244
2021 through 2025	$	22,183

Summary Of The Fair Value Of Pension Plan Assets

The following table provides a summary of the fair value of our pension plan assets at December 27, 2015 utilizing the fair value hierarchy discussed in Note 14 of the Consolidated Financial Statements:

(amounts in thousands)	Total Fair Value Measurement December 27, 2015		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Global insurance assets	$	2,801	$	—	$	—	$	2,801

Schedule of Changes in Fair Value of Plan Assets

Additional information pertaining to the changes in the fair value of the pension plan assets classified as Level 3 for the year ended December 27, 2015 is presented below:

(amounts in thousands)	Balance as of December 28, 2014		Actual Return on Plan Assets, Relating to Assets Still Held at the Reporting Date			Actual Return on Plan Assets, Relating to Assets Sold During the Period		Purchases, Sales and Settlements		Transfer into / (out of) Level 3			Change due to Exchange Rate Changes			Balance as of December 27, 2015
Asset Category
Global insurance assets	$	3,557	$	(228	)	$	—	$	250	$	(427	)	$	(351	)	$	2,801
Total Level 3 Assets	$	3,557	$	(228	)	$	—	$	250	$	(427	)	$	(351	)	$	2,801