Employee Retirement Plans (Tables)

12 Months Ended

Dec. 29, 2012

Compensation and Retirement Disclosure [Abstract]

Schedule of Defined Benefit Plans Disclosures

A summary of the plans’ net periodic pension cost, benefit obligations, funded status, and net balance sheet position is as follows (dollars in thousands):

Fiscal Year 2012

	Elgin Plan			Smithville Plan			Wrexham Plan			Director Plans
Net Periodic Pension Cost:
Service cost	$	—		$	—		$	—		$	1,625
Interest cost	198			642			654			553
Expected return on assets	(171		)	(546		)	(787		)	—
Amortization of net loss (gain)	218			537			—			(405		)
Pension settlement	—			—			—			—
	$	245		$	633		$	(133	)	$	1,773
Change in Benefit Obligation:
Benefit obligation – beginning of year	$	4,801		$	15,204		$	13,689		$	11,378
Benefit obligations – acquisitions	—			—			—			—
Service cost	—			—			—			1,625
Interest on benefit obligations	198			642			654			553
Actuarial loss (gain)	125			724			1,238			(4,563		)
Pension settlement	—			—			—			—
Net benefit payments	(262		)	(500		)	(706		)	—
Exchange effect	—			—			587			—
Benefit obligation – end of year	$	4,862		$	16,070		$	15,462		$	8,993
Change in Plan Assets:
Plan assets at fair value – beginning of year	$	3,188		$	7,820		$	11,518		$	—
Plan assets at fair value – acquisitions	—			—			—			—
Company contributions	255			638			499			—
Investment (loss) gain	322			823			1,191			—
Benefit payments and plan expenses	(262		)	(500		)	(706		)	—
Exchange effect	—			—			495			—
Plan assets at fair value – end of year	$	3,503		$	8,781		$	12,997		$	—
Funded Status:
Unfunded benefit obligation	$	(1,359	)	$	(7,289	)	$	(2,465	)	$	(8,993	)
Amounts recognized in balance sheet at year end:
Other noncurrent liabilities	$	(1,359	)	$	(7,289	)	$	(2,465	)	$	(8,993	)
Pre-tax components in accumulated other comprehensive income:
Net actuarial loss (gain)	$	1,857		$	6,201		$	2,303		$	(1,622	)
Net prior service cost	—			—			—			—
Net transaction (asset) obligations	—			—			—			—
Total amount recognized	$	1,857		$	6,201		$	2,303		$	(1,622	)
Accumulated Benefit Obligation	$	4,862		$	16,070		$	15,462		$	4,764
Salary growth rate	n/a			n/a			n/a			10.0		%
Assumed discount rate	4.0		%	4.0		%	4.1		%	4.0		%
Expected return on assets	5.5		%	7.0		%	6.2		%	n/a

Fiscal Year 2011

	Elgin Plan			Smithville Plan			Wrexham Plan			Director Plans
Net Periodic Pension Cost:
Service cost	$	—		$	—		$	—		$	1,123
Interest cost	226			669			415			472
Expected return on assets	(178		)	(571		)	(480		)	—
Amortization of net loss (gain)	125			203			—			507
Pension settlement	—			—			—			13
	$	173		$	301		$	(65	)	$	2,115
Change in Benefit Obligation:
Benefit obligation – beginning of year	$	4,142		$	11,958		$	—		$	7,028
Benefit obligations – acquisitions	—			—			13,328			—
Service cost	—			—			—			1,123
Interest on benefit obligations	226			669			415			472
Actuarial losses	695			2,978			192			3,043
Pension settlement	—			—			—			12
Net benefit payments	(262		)	(401		)	(246		)	(300		)
Benefit obligation – end of year	$	4,801		$	15,204		$	13,689		$	11,378
Change in Plan Assets:
Plan assets at fair value – beginning of year	$	3,342		$	8,253		$	—		$	—
Plan assets at fair value – acquisitions	—			—			11,798			—
Company contributions	156			225			465			300
Investment (loss) gain	(49		)	(257		)	(499		)	—
Benefit payments and plan expenses	(261		)	(401		)	(246		)	(300		)
Plan assets at fair value – end of year	$	3,188		$	7,820		$	11,518		$	—
Funded Status:
Unfunded benefit obligation	$	(1,613	)	$	(7,384	)	$	(2,171	)	$	(11,378	)
Amounts recognized in balance sheet at year end:
Other noncurrent liabilities	$	(1,613	)	$	(7,384	)	$	(2,171	)	$	(11,378	)
Pre-tax components in accumulated other comprehensive income:
Net actuarial loss (gain)	$	2,102		$	6,291		$	1,409		$	2,536
Net prior service cost	—			—			—			—
Net transaction (asset) obligations	—			—			—			—
Total amount recognized	$	2,102		$	6,291		$	1,409		$	2,536
Accumulated Benefit Obligation	$	4,801		$	15,204		$	13,689		$	3,999
Salary growth rate	n/a			n/a			n/a			10.0		%
Assumed discount rate	4.3		%	4.3		%	4.7		%	4.3		%
Expected return on assets	5.5		%	7.0		%	6.6		%	n/a

Schedule of Allocation of Plan Assets

The assets of the plans were invested in the following classes of securities (none of which were securities of the company):

Elgin Plan

	Target Allocation		Percentage of Plan Assets
			2012		2011
Equity	48	%	52	%	49	%
Fixed income	40		36		37
Money market	4		6		5
Other (real estate & commodities)	8		6		9
	100	%	100	%	100	%

Smithville Plan

	Target Allocation		Percentage of Plan Assets
			2012		2011
Equity	48	%	52	%	51	%
Fixed income	40		37		37
Money market	4		5		4
Other (real estate & commodities)	8		6		8
	100	%	100	%	100	%

Wrexham Plan

	Target Allocation		Percentage of Plan Assets
			2012		2011
Equity	50	%	71	%	66	%
Fixed income	50		26		27
Money market	—		3		7
Other (real estate & commodities)	—		—		—
	100	%	100	%	100	%

Pension Plans Fair Value Of Investments

The following tables summarize the basis used to measure the pension plans’ assets at fair value as of December 29, 2012 (in thousands):

Elgin Plan

Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Short Term Investment Fund (a)	$	205	$	—	$	205	$	—
Equity Securities:
Large Cap	752		752		—		—
Mid Cap	86		86		—		—
Small Cap	84		84		—		—
International	778		778		—		—
Fixed Income:
Government/Corporate	1,119		1,119		—		—
High Yield	141		141		—		—
Alternative:
Global Real Estate	139		139		—		—
Commodities	199		199		—		—
Total	$	3,503	$	3,298	$	205	$	—

(a) Represents collective short term investment fund, composed of high-grade money market instruments with short maturities.

Smithville Plan

Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Short Term Investment Fund (a)	$	402	$	—	$	402	$	—
Equity Securities:
Large Cap	1,920		1,920		—		—
Mid Cap	223		223		—		—
Small Cap	212		212		—		—
International	1,958		1,958		—		—
Fixed Income:					—		—
Government/Corporate	2,861		2,861		—		—
High Yield	353		353		—		—
Alternative:
Global Real Estate	355		355		—		—
Commodities	497		497		—		—
Total	$	8,781	$	8,379	$	402	$	—

(a) Represents collective short term investment fund, composed of high-grade money market instruments with short maturities.

Wrexham Plan

Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Short Term Investment Fund (a)	$	328	$	—	$	328	$	—
Equity Securities:
UK	4,430		4,430		—		—
International
Developed	3,663		3,663		—		—
Emerging	548		548		—		—
Global	636		636		—		—
Fixed Income:					—		—
Government/Corporate	1,965		1,965		—		—
Aggregate	373		373		—		—
Index Linked	1,054		1,054		—		—
Total	$	12,997	$	12,669	$	328	$	—

(a) Represents collective short term investment fund, composed of high-grade money market instruments with short maturities.

Schedule of Expected Benefit Payments

Estimated future benefit payments under the plans are as follows (dollars in thousands):

	Elgin Plan		Smithville Plan		Wrexham Plan		Director Plans
2013	$	311	$	470	$	646	$	—
2014	304		501		679		—
2015	299		522		711		—
2016	308		568		743		—
2017 through 2022	1,806		4,195		5,170		4,943