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Retirement Plans
3 Months Ended
Jul. 01, 2012
Retirement Plans [Abstract]  
Retirement Plans

NOTE F — Retirement Plans

 

Net pension expense/(income) for the three months ended July 1, 2012 and July 3, 2011 for our domestic and foreign plans include the following components:

 

                                 
    Domestic
Pension  Plans
    Foreign
Pension  Plans
 

($ in thousands)

  July 1,
2012
    July 3,
2011
    July 1,
2012
    July 3,
2011
 

Service cost

  $ 683     $ 687     $ 31     $ 35  

Interest cost

    2,987       3,078       143       152  

Expected return on plan assets (1)  

    (5,376     (5,916     (111     (146

Amortization of prior service cost

    151       153       —         —    

Amortization of loss

    1,517       1,050       74       70  

Additional cost due to retirement

    282       —         —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Expense/(income), net

  $ 244     $ (948   $ 137     $ 111  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net pension expense/(income) for the six months ended July 1, 2012 and July 3, 2011 for our domestic and foreign plans include the following components:

 

                                 
    Domestic
Pension  Plans
    Foreign
Pension  Plans
 

($ in thousands)

  July 1,
2012
    July 3,
2011
    July 1,
2012
    July 3,
2011
 

Service cost

  $ 1,367     $ 1,374     $ 62     $ 70  

Interest cost

    5,978       6,156       285       301  

Expected return on plan assets (1)  

    (10,753     (11,832     (220     (289

Amortization of prior service cost

    302       306       —         —    

Amortization of loss

    3,037       2,100       148       139  

Additional cost due to retirement

    282       —         —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Expense/(income), net

  $ 213     $ (1,896   $ 275     $ 221  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

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

Net post retirement expense for the three and six months ended July 1, 2012 and July 3, 2011 for our post-retirement plan includes the following components:

 

                                 
    Three Months
Ended
    Six Months
Ended
 

($ in thousands)

  July 1,
2012
    July 3,
2011
    July 1,
2012
    July 3,
2011
 

OTHER POSTRETIREMENT BENEFIT PLAN

                               

Service cost

  $ 2     $ 4     $ 4     $ 8  

Interest cost

    64       72       128       144  

Amortization of gain

    (10     (1     (20     (3
   

 

 

   

 

 

   

 

 

   

 

 

 

Postretirement expense

  $ 56     $ 75     $ 112     $ 149