Note 11 – Retirement Benefits

The components of periodic benefit cost for the Corporation’s defined benefit pension and postretirement benefits plans are as follows:


	Defined Benefit Pension Plans						Postretirement Benefits
	Three Months Ended						Three Months Ended
(In thousands)	May 30, 2014			May 31, 2013			May 30, 2014			May 31, 2013
Service cost	$	144		$	320		$	100		$	138
Interest cost		1,837			1,742			675			613
Expected return on plan assets		(1,623	)		(1,574	)		(700	)		(763	)
Amortization of prior service cost (credit)		1			51			(325	)		(325	)
Amortization of actuarial loss (gain)		706			917			(225	)		(213	)

	$	1,065		$	1,456		$	(475	)	$	(550	)

The Corporation has a discretionary profit-sharing plan with a 401(k) provision covering most of its United States employees. The profit-sharing plan expense for the three months ended May 30, 2014 was $4.1 million, compared to $4.0 million in the prior year period. The Corporation also matches a portion of 401(k) employee contributions. The expense recognized for the 401(k) match was $1.3 million in each of the three months ended May 30, 2014 and May 31, 2013. The profit-sharing plan and 401(k) matching expenses for the three month periods are estimates as actual contributions are determined after fiscal year-end.

At May 30, 2014, February 28, 2014 and May 31, 2013, the liability for postretirement benefits other than pensions was $18.7 million, $17.9 million and $16.8 million, respectively, and is included in “Other liabilities” on the Consolidated Statement of Financial Position. At May 30, 2014, February 28, 2014 and May 31, 2013, the long-term liability for pension benefits was $76.0 million, $77.3 million and $81.2 million, respectively, and is included in “Other liabilities” on the Consolidated Statement of Financial Position.