Employee Benefit Plans

6 Months Ended

Dec. 26, 2015

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

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 and six months ended December 26, 2015 and December 27, 2014 are as follows:



	Pension Plan						SERP
	Three Months Ended						Three Months Ended
	December 26, 2015			December 27, 2014			December 26, 2015		December 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



	Pension Plan						SERP
	Six Months Ended						Six Months Ended
	December 26, 2015			December 27, 2014			December 26, 2015		December 27, 2014
Interest cost	$	1,886		$	2,024		$	296	$	370
Expected return on assets	(2,136		)	(2,452		)	—		—
Amortization of net loss	1,216			1,008			120		196
Net periodic pension cost	$	966		$	580		$	416	$	566

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

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.

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

We made total payments related to our MEPP liabilities of $262 and $1,005 for the three months ended December 26, 2015 and December 27, 2014, respectively, and $559 and $1,876 for the six months ended December 26, 2015 and December 27, 2014, respectively. Total remaining reserves for all MEPPs as of December 26, 2015 are $8,617.

On December 28, 2015, we entered into a settlement agreement (the “Settlement Agreement”) with the National Retirement Fund to resolve matters related to our previous withdrawal. Pursuant to the Settlement Agreement, we made a lump sum payment to the fund in the amount of $5,425 in the third quarter of fiscal year 2016. As part of the Settlement Agreement, the fund released all claims for collection of the withdrawal liability and related assessments, subject to our representations and warranties regarding contributions to the fund, related contribution base units and trades or businesses under common control of the company. We funded the payment under the Settlement Agreement through use of existing resources, including available cash and our revolving credit facility in the third quarter of fiscal year 2016. The amount of the settlement was within previously established reserves.