Retirement Plans

9 Months Ended

Sep. 30, 2012

Retirement Plans [Abstract]

Retirement Plans

NOTE F – Retirement Plans

Net pension expense/(income) for the three months ended September 30, 2012 and October 2, 2011 for our domestic and foreign plans include the following components:

	Domestic Pension Plans						Foreign Pension Plans
($ in thousands)	September 30, 2012			October 2, 2011			September 30, 2012			October 2, 2011
Service cost	$	683		$	687		$	31		$	35
Interest cost		2,979			3,045			143			151
Expected return on plan assets (1)		(5,376	)		(5,916	)		(111	)		(146	)
Amortization of prior service cost		151			153			—			—
Amortization of loss		1,513			1,032			74			70
Additional cost due to retirement		—			637			—			—
(Income)/expense, net	$	(50	)	$	(362	)	$	137		$	110

Net pension expense/(income) for the nine months ended September 30, 2012 and October 2, 2011 for our domestic and foreign plans include the following components:

	Domestic Pension Plans						Foreign Pension Plans
($ in thousands)	September 30, 2012			October 2, 2011			September 30, 2012			October 2, 2011
Service cost	$	2,050		$	2,061		$	93		$	106
Interest cost		8,957			9,201			428			452
Expected return on plan assets (1)		(16,129	)		(17,748	)		(331	)		(436	)
Amortization of prior service cost		453			459			—			—
Amortization of loss		4,549			3,132			222			207
Additional cost due to retirement		282			637			—			—
Expense/(income), net	$	162		$	(2,258	)	$	412		$	329

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

Net post retirement expense for the three and nine months ended September 30, 2012 and October 2, 2011 for our post-retirement plan includes the following components:

	Three Months Ended						Nine Months Ended
($ in thousands)	September 30, 2012			October 2, 2011			September 30, 2012			October 2, 2011
OTHER POSTRETIREMENT BENEFIT PLAN
Service cost	$	2		$	4		$	6		$	12
Interest cost		64			72			192			216
Amortization of gain		(10	)		(1	)		(30	)		(4	)
Postretirement expense	$	56		$	75		$	168		$	224