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Employee Benefits (Tables)
6 Months Ended
Jun. 28, 2014
Employee Benefits  
Schedule of net periodic benefit cost of plans

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 28,

 

June 29,

 

June 28,

 

June 29,

 

(Thousands of dollars)

 

2014

 

2013

 

2014

 

2013

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

Service cost

 

$

2,004

 

 

$

2,263

 

 

$

3,860

 

 

$

4,684

 

 

Interest cost

 

2,418

 

 

2,035

 

 

4,821

 

 

4,103

 

 

Expected return on plan assets

 

(2,179

)

 

(1,614

)

 

(4,364

)

 

(3,226

)

 

Amortization and other

 

581

 

 

1,543

 

 

1,051

 

 

3,179

 

 

Agreement termination gain

 

-    

 

 

(3,204

)

 

-

 

 

(3,204

)

 

Net periodic benefit cost

 

$

2,824

 

 

$

1,023

 

 

$

5,368

 

 

$

5,536