Retirement Plans

3 Months Ended

Mar. 29, 2015

NOTE 4 – Retirement Plans

Pension Plans

Net pension income for our domestic and foreign plans was as follows:

Net pension (income) expense breakdown for our domestic and foreign plans include the following components:


	Domestic Pension Plans				Foreign Pension Plans
Three months:	Three Months Ended				Three Months Ended
($ in thousands)	March 29, 2015		March 30, 2014		March 29, 2015		March 30, 2014
Service cost	$	42	$	48	$	17	$	21
Interest cost		2,815		3,058		123		150
Expected return on plan assets (1)		(5,068)		(5,208)		(133)		(167)
Amortization of loss		1,585		1,413		91		59
(Income) expense, net	$	(626)	$	(689)	$	98	$	63

(1)

Expected return on plan assets is net of expected investment expenses and certain administrative expenses.

Other Postretirement Benefit Plan

Net postretirement expense for our postretirement plan includes the following components:


	Three Months Ended
($ in thousands)	March 29, 2015		March 30, 2014
Other postretirement benefit plan
Service cost	$	1	$	1
Interest cost		51		57
Amortization of gain		(25)		(39)
Postretirement expense	$	27	$	19

The entire disclosure for pension and other postretirement benefits.