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Pension Plan
9 Months Ended
Sep. 30, 2011
PENSION PLANS [Abstract] 
Pension and Other Postretirement Benefits Disclosure
PENSION PLANS

Components of net pension cost for the Qualified Pension Plan and Supplemental Employees’ Retirement Plan (SERP) are as follows (in thousands):

 
Qualified Pension Plan
 
SERP
 
For the three months ended
 
For the three months ended
 
September 30,
2011
 
October 1,
2010
 
September 30,
2011
 
October 1,
2010
Service cost for benefits earned
$
3,021

 
$
2,752

 
$
90

 
$
98

Interest cost on projected
 

 
 
 
 

 
 
benefit obligation
7,082

 
7,185

 
129

 
188

Expected return on plan assets
(8,581
)
 
(7,987
)
 

 

Effect of curtailment

 

 

 
737

Net amortization and deferral
1,695

 
554

 
38

 
105

Net pension cost
$
3,217

 
$
2,504

 
$
257

 
$
1,128

 
Qualified Pension Plan
 
SERP
 
For the nine months ended
 
For the nine months ended
 
September 30,
2011
 
October 1,
2010
 
September 30,
2011
 
October 1,
2010
Service cost for benefits earned
$
9,061

 
$
8,774

 
$
270

 
$
278

Interest cost on projected
 

 
 
 
 

 
 

benefit obligation
21,244

 
21,920

 
387

 
592

Expected return on plan assets
(25,741
)
 
(24,038
)
 

 

Effect of curtailment

 
221

 
560

 
737

Net amortization and deferral
5,086

 
2,109

 
114

 
232

Net pension cost
$
9,650

 
$
8,986

 
$
1,331

 
$
1,839


The Company has contributed $19.6 million to the Qualified Pension Plan for the 2011 plan year, $13.8 million of which was voluntary. The Company does not expect to make any further contributions to the Qualified Pension Plan during 2011. The Company expects to contribute $4.4 million to the SERP for the 2011 plan year, $4.3 million of which was contributed during the first nine months of 2011. For the 2010 plan year, the Company made contributions of $35.7 million to the qualified plan and $3.4 million to the SERP.