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Employee Benefits (Tables)
6 Months Ended
Jun. 29, 2013
Employee Benefits  
Schedule of net periodic benefits cost of plans

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 29,

 

June 30,

 

June 29,

 

June 30,

 

(Thousands of dollars)

 

2013

 

2012

 

2013

 

2012

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

Service cost

 

$    2,263

 

$  2,210

 

$  4,684

 

$  4,436

 

Interest cost

 

2,035

 

2,177

 

4,103

 

4,435

 

Expected return on plan assets

 

(1,614

)

(1,617

)

(3,226

)

(3,209

)

Amortization and other

 

1,543

 

1,567

 

3,179

 

3,097

 

Agreement termination gain

 

(3,204

)

-

 

(3,204

)

-

 

Settlement

 

-

 

1,796

 

-

 

1,796

 

Net periodic benefit cost

 

$    1,023

 

$  6,133

 

$  5,536

 

$10,555