XML 80 R39.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Benefits (Tables)
12 Months Ended
Jun. 25, 2011
Compensation Related Costs [Abstract]  
Schedule of Net Funded Status [Table Text Block]
Medical Expense & Funded Status Reconciliation


 
June 26

2010
 
Fiscal 2011
Expense
 
Current Year end
 
Estimated
Fiscal 2012
Expense
 
(in thousands, except percentages)
Accumulated Postretirement Benefit Obligation [APBO]:
 
 
 
 
 
 
 
Retirees and beneficiaries
$
(9,239
)
 
 
 
$
(9,989
)
 
 
 
 
 
 
 
 
 
 
Funded status
$
(9,239
)
 
 
 
$
(9,989
)
 
 
 
 
 
 
 
 
 
 
Actuarial loss
 
 
 
 
$
521


 
 
 
 
 
 
 
 
 
 
Amounts Recognized in Accumulated Other Comprehensive Income:
 
 
 
 
 
 
 
Net actuarial loss
$
7,327


 
 
 
$
7,484


 
 
Total
$
7,327


 
 
 
$
7,484


 
 
 
 
 
 
 
 
 
 
Net Periodic Postretirement Benefit Cost/(Income):
 
 
 
 
 
 
 
Interest cost
 
 
471


 
 
 
500


Amortization:
 
 
 
 
 
 
 
     Net actuarial loss (1)
 
 
364


 
 
 
388


Total net periodic postretirement benefit cost
 
 
$
835


 
 
 
$
888


 
 
 
 
 
 
 
 
Employer contributions
 
 
$
241


 
 
 
$
388


 
 
 
 
 
 
 
 
Economic Assumptions:
 
 
 
 
 
 
 
Discount rate
5.2%
 
 
 
5.1%
 
 
Medical trend
10.0% in 2011,

declining to

5% at the rate

of 0.5%/yr.
 
 
 
9.5% in 2012,

declining to

5% at the rate

of 0.5%/yr.
 
 
Dental trend
5.0%
 
 
 
5.0%
 
 


(1) Unrecognized losses are amortized over an average remaining life expectancy of 16.7 years at June 25, 2011.
Schedule of Expected Benefit Payments [Table Text Block]


The following benefit payments are expected to be paid:


 
Non-Pension Benefits
2012
$
388


2013
428


2014
469


2015
508


2016
546


Thereafter
7,650


 
$
9,989