XML 35 R26.htm IDEA: XBRL DOCUMENT v3.7.0.1
Retirement Benefit Plans (Tables)
3 Months Ended
Apr. 01, 2017
Retirement Benefit Plans [Abstract]  
Significant disclosures relating to benefit plans
Significant disclosures relating to these benefit plans for the first quarter of fiscal 2017 and 2016 follow:

 
 
Pension Benefits
  
Postretirement Benefits
 
 
 
Three Months Ended
  
Three Months Ended
 
 
 
April 1,
2017
  
April 2,
2016
  
April 1,
2017
  
April 2,
2016
 
Service cost
 
$
317,360
  
$
813,005
  
$
6,847
  
$
10,750
 
Interest cost
  
791,057
   
766,580
   
20,207
   
20,500
 
Expected return on plan assets
  
(1,195,895
)
  
(1,243,941
)
  
(12,874
)
  
(11,750
)
Amortization of prior service cost
  
36,438
   
50,143
   
(5,361
)
  
(6,000
)
Amortization of the net loss
  
307,870
   
627,055
   
(19,400
)
  
(13,500
)
Net periodic benefit cost
 
$
256,830
  
$
1,012,842
  
$
(10,581
)
 
$
--
 
Defined Contribution Plan
The Company made contributions to the plan as follows:

 
 
For the Three Months Ended
 
 
 
April 1, 2017
  
April 2, 2016
 
Regular matching contribution
 
$
116,475
  
$
56,231
 
Transitional credit contribution
  
135,370
   
--
 
Non-discretionary contribution
  
307,568
   
51,470
 
Total contributions made for the period
 
$
559,413
  
$
107,701