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Pension Plan
6 Months Ended
Jul. 03, 2015
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
 
 
July 3,
2015
 
June 27,
2014
 
July 3,
2015
 
June 27,
2014
In thousands
 
 
 
 
 
 
 
 
Service cost for benefits earned during the year
 
$
3,532

 
$
2,940

 
$
51

 
$
64

Interest cost on projected benefit obligation
 
6,879

 
7,208

 
80

 
86

Expected return on plan assets
 
(11,033
)
 
(10,261
)
 

 

Amortization of prior service cost
 
15

 
20

 

 

Amortization of net loss
 
2,479

 
1,038

 
55

 
23

Net pension cost
 
$
1,872

 
$
945

 
$
186

 
$
173



 
 
For the Six Months Ended
 
 
Qualified Pension Plan
 
SERP
 
 
July 3,
2015
 
June 27,
2014
 
July 3,
2015
 
June 27,
2014
In thousands
 
 
 
 
 
 
 
 
Service cost for benefits earned during the year
 
$
7,065

 
$
5,880

 
$
103

 
$
128

Interest cost on projected benefit obligation
 
13,757

 
14,417

 
159

 
171

Expected return on plan assets
 
(22,065
)
 
(20,523
)
 

 

Amortization of prior service cost
 
29

 
45

 

 

Amortization of net loss
 
4,959

 
2,057

 
110

 
45

  Net pension cost
 
$
3,745

 
$
1,876

 
$
372

 
$
344



The following tables show the amounts of contributions made to the Qualified Pension Plan and SERP during each period and the additional contributions the Company expects to make during the remainder of 2015:

Year-to-date contributions:
 
 
Qualified Pension Plan
 
SERP
 
 
As of July 3, 2015
 
As of December 31, 2014
 
As of July 3, 2015
 
As of December 31, 2014
In thousands
 
 
 
 
 
 
 
 
Year-to-date contributions
 
$
10,000

 
$
10,000

 
$
267

 
$
819


Expected additional contributions in 2015:
 
 
Qualified Pension Plan
 
SERP
In thousands
 
 
 
 
Expected additional contributions
 
$

 
$
264