XML 21 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Pension Plan
9 Months Ended
Sep. 27, 2013
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [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 27,
2013
 
September 28,
2012
 
September 27,
2013
 
September 28,
2012
In thousands
 
 
 
 
 
 
 
 
Service cost for benefits earned during the year
 
$
3,587

 
$
3,519

 
$
85

 
$
96

Interest cost on projected benefit obligation
 
6,399

 
6,578

 
78

 
105

Expected return on plan assets
 
(10,337
)
 
(9,470
)
 

 

Amortization of prior service cost
 
25

 
24

 

 

Amortization of net loss
 
2,387

 
1,962

 
65

 
39

Net pension benefit cost
 
$
2,061

 
$
2,613

 
$
228

 
$
240



 
 
For the Nine Months Ended
 
 
Qualified Pension Plan
 
SERP
 
 
September 27,
2013
 
September 28,
2012
 
September 27,
2013
 
September 28,
2012
In thousands
 
 
 
 
 
 
 
 
Service cost for benefits earned during the year
 
$
10,761

 
$
10,557

 
$
255

 
$
287

Interest cost on projected benefit obligation
 
19,197

 
19,734

 
233

 
315

Expected return on plan assets
 
(31,011
)
 
(28,409
)
 

 

Amortization of prior service cost
 
75

 
74

 

 

Amortization of net loss
 
6,968

 
5,883

 
195

 
118

Additional amount recognized due to curtailment/settlement
 

 

 
277

 

Net pension benefit cost
 
$
5,990

 
$
7,839

 
$
960

 
$
720



The following tables show the amount of the contributions made to the Qualified Pension Plan and SERP during each period and the amount of contributions the Company expects to make during 2013:

Year-to-date contributions:
 
 
Qualified Pension Plan
 
SERP
 
 
Through September 27, 2013
 
Through December 31, 2012
 
Through September 27, 2013
 
Through December 31, 2012
In thousands
 
 
 
 
 
 
 
 
Year-to-date contributions
 
$
10,000

 
$
10,000

 
$
2,158

 
$
1,550


Expected additional contributions in 2013:
 
 
Qualified Pension Plan
 
SERP
In thousands
 
 
 
 
Expected additional contributions
 
$

 
$
133