Pension Plan

9 Months Ended

Sep. 28, 2012

PENSION PLANS [Abstract]

Pension Plans

PENSION PLANS

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

	For the Three Months Ended
	Qualified Pension Plan						SERP
	September 28, 2012			September 30, 2011			September 28, 2012		September 30, 2011
In thousands
Service cost for benefits earned during the year	$	3,519		$	3,021		$	96	$	90
Interest cost on projected benefit obligation	6,578			7,082			105		129
Expected return on plan assets	(9,470		)	(8,926		)	—		—
Amortization of prior service credit (cost)	24			25			—		—
Recognized net loss	1,962			1,038			39		38
Net pension benefit cost	$	2,613		$	2,240		$	240	$	257

9. PENSION PLANS (CONTINUED)

	For the Nine Months Ended
	Qualified Pension Plan						SERP
	September 28, 2012			September 30, 2011			September 28, 2012		September 30, 2011
In thousands
Service cost for benefits earned during the year	$	10,557		$	9,061		$	287	$	270
Interest cost on projected benefit obligation	19,734			21,244			315		387
Expected return on plan assets	(28,409		)	(26,482		)	—		—
Amortization of prior service credit (cost)	74			74			—		—
Recognized net loss	5,883			2,823			118		114
Additional amount recognized due to curtailment/settlement	—			—			—		560
Net pension benefit cost	$	7,839		$	6,720		$	720	$	1,331

The following tables show the amount of the contributions made during each period and the amount of contributions the Company expects to make to the Qualified Pension Plan and SERP during the fourth quarter of 2012:

Contributions paid-to-date:

	Qualified Pension Plan				SERP
	As of September 28, 2012		As of December 31, 2011		As of September 28, 2012		As of December 31, 2011
In thousands
Contributions paid-to-date	$	10,000	$	19,600	$	401	$	4,400

Expected Additional Contributions in 2012:

	Qualified Pension Plan		SERP
In thousands
Expected additional contributions	$	—	$	1,100

During the third quarter of 2012, the Company announced the retirement of a senior executive. This announcement resulted in an increase in the expected SERP contribution for 2012.