EMPLOYEE BENEFIT PLANS

9 Months Ended

Sep. 30, 2012

EMPLOYEE BENEFIT PLANS

NOTE 7 – EMPLOYEE BENEFIT PLANS

The following tables provide the components of net periodic benefit cost for the three-month and nine-month periods ended September 30, 2012, and October 2, 2011, respectively:

	Three Months Ended						Nine Months Ended
Defined Benefit Retirement Plan (Europe)	Sept. 30, 2012			Oct. 2, 2011			Sept. 30, 2012			Oct. 2, 2011
	(In thousands)						(In thousands)
Service cost	$	110		$	72		$	339		$	217
Interest cost		2,525			2,835			7,611			8,605
Expected return on assets		(2,797	)		(2,935	)		(8,435	)		(8,910	)
Amortization of prior service costs		12			21			38			63
Recognized net actuarial losses		230			149			690			454
Net periodic benefit cost	$	80		$	142		$	243		$	429
	Three Months Ended						Nine Months Ended
Salary Continuation Plan (SCP)	Sept. 30, 2012			Oct. 2, 2011			Sept. 30, 2012			Oct. 2, 2011
	(In thousands)						(In thousands)
Service cost	$	113		$	98		$	339		$	295
Interest cost		254			284			761			853
Amortization of transition obligation		0			55			0			164
Amortization of prior service cost		12			12			36			36
Amortization of loss		67			93			201			277
Net periodic benefit cost	$	446		$	542		$	1,337		$	1,625