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Retirement Plans
9 Months Ended
Oct. 02, 2011
Retirement Plans [Abstract] 
Retirement Plans

NOTE F – Retirement Plans

Net pension income and postretirement expense for the three and nine-months ended October 2, 2011 and October 3, 2010 include the following components:

 

                                 
    Three Months Ended     Nine Months Ended  

($ in thousands)

  October 2,
2011
    October 3,
2010
    October 2,
2011
    October 3,
2010
 

PENSION PLANS

                               

Service cost

  $ 722     $ 746     $ 2,167     $ 2,236  

Interest cost

    3,196       3,315       9,653       9,957  

Expected return on plan assets (1) 

    (6,062     (6,086     (18,184     (18,247

Settlement cost

    637       —         637       234  

Amortization of prior service cost

    153       153       459       663  

Amortization of loss

    1,102       993       3,339       2,983  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net pension income

  $ (252   $ (879   $ (1,929   $ (2,174
   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) 

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

 

                                 
    Three Months Ended     Nine Months Ended  

($ in thousands)

  October 2,
2011
    October 3,
2010
    October
2, 2011
    October
3, 2010
 

OTHER POSTRETIREMENT BENEFIT PLAN

                               

Service cost

  $ 4     $ 3     $ 12     $ 10  

Interest cost

    72       75       216       225  

Amortization of gain

    (1     —         (4     —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Postretirement expense

  $ 75     $ 78     $ 224     $ 235