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Pension Plans
3 Months Ended
Apr. 04, 2014
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
April 4, 2014
 
Three Months Ended
March 29, 2013
 
Service cost
 
$
116
 
$
124
 
Interest cost
 
 
35
 
 
27
 
Expected return on plan assets
 
 
(27)
 
 
(23)
 
Net amortization of transitional obligation (a)
 
 
 
 
3
 
Amortization of prior service cost (a)
 
 
 
 
 
Actuarial loss, recognized in current period (a)
 
 
6
 
 
5
 
 
 
$
130
 
$
136
 
(a) Amounts reclassified from accumulated other comprehensive income.
 
During the three months ended April 4, 2014 and March 29, 2013, the Company made cash contributions totaling approximately $69,000 and $59,000 to its Swiss pension plan and expects to make additional cash contributions totaling approximately $217,000 during the remainder of 2014. The Company is not required to and does not make contributions to its Japan pension plan.