Pension Plans

3 Months Ended

Mar. 29, 2013

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

Note 7 – Pension Plans

The following table summarizes the components of net periodic pension cost recorded for the Company’s defined benefit pension plans (in thousands):

	Three Months Ended March 29, 2013			Three Months Ended March 30, 2012
Service cost	$	124		$	121
Interest cost		27			33
Expected return on plan assets		(23	)		(26	)
Amortization of unrecognized transitional obligation		3			4
Recognized actuarial loss (gain)		5			(1	)
	$	136		$	131

During the three months ended March 29, 2013 and March 30, 2012, the Company made cash contributions totaling approximately $59,000 and $68,000 to its Swiss pension plan and expects to make additional cash contributions totaling approximately $176,000 during the remainder of 2013. The Company is not required to and does not make contributions to its Japan pension plan.