Employee Benefit Plans

3 Months Ended

Sep. 26, 2015

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Employee Benefit Plans

Employee Benefit Plans

Defined Benefit Pension Plan

On December 31, 2006, we froze our pension and SERP plans for all participants.

The components of net periodic pension cost for these plans for the three months ended September 26, 2015 and September 27, 2014 are as follows:

	Pension Plan						SERP
	Three Months Ended						Three Months Ended
	September 26, 2015			September 27, 2014			September 26, 2015		September 27, 2014
Interest cost	$	943		$	1,012		$	148	$	185
Expected return on assets	(1,068		)	(1,226		)	—		—
Amortization of net loss	608			504			60		98
Net periodic pension cost	$	483		$	290		$	208	$	283

During the first quarter of fiscal year 2016, we contributed approximately $40 to the pension plan.

Multi-Employer Pension Plans

Historically, we participated in a number of collectively bargained, union sponsored multi-employer pension plans ("MEPPs"). Consistent with the accounting for defined contribution plans, we previously recorded the required cash contributions to the MEPPs as an expense in the period incurred and recognized a liability for any contributions due and unpaid. In addition, we are responsible for our proportional share of any unfunded vested benefits related to the MEPPs. An employer's accounting for MEPPs provides that a withdrawal liability should be recorded if circumstances that give rise to an obligation become probable and estimable.

We no longer participate in any MEPPs in the United States.

During the three months ended September 26, 2015 and September 27, 2014, we made total payments related to our MEPP liabilities of $297 and $871, respectively. Total remaining reserves for all MEPPs as of September 26, 2015 are $9,250.

As previously disclosed, we have received formal demand notices from certain MEPPs to which we previously contributed. Internally and with outside experts, we evaluated each of the demand notices to determine the appropriateness thereof. We have determined that the demanded amounts are appropriate for all but one of the MEPPs. In the case of the MEPP for which we have been unable to verify the amount demanded, we have requested additional information from the MEPP to ascertain the validity and accuracy of the payment demands and accuracy of the assumptions used. To the extent we deem as accurate the information we receive from this MEPP, we expect that we will resolve this matter. To the extent we deem such information as inaccurate, it is likely that we will file an arbitration against this MEPP to resolve this matter. In either case, we believe that resolution of this matter will be within previously established reserves.