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Pension plan

9 Months Ended

Mar. 30, 2013

Compensation and Retirement Disclosure [Abstract]

Pension plan

The Company has a noncontributory defined benefit pension plan (the “Plan”) for which the components of net periodic pension costs during the quarters and first nine months ended March 30, 2013 and March 31, 2012 were as follows:



	Third Quarters Ended								Nine Months Ended
	March 30, 2013				March 31, 2012				March 30, 2013				March 31, 2012
	(Thousands)
Service cost	$	9,230			$	7,095			$	27,690			$	21,285
Interest cost	3,663				3,731				10,989				11,193
Expected return on plan assets	(6,976		)		(6,734		)		(20,928		)		(20,202		)
Recognized net actuarial loss	3,724				2,420				11,172				7,260
Amortization of prior service credit	(393		)		(469		)		(1,179		)		(1,407		)
Net periodic pension cost	$	9,248			$	6,043			$	27,744			$	18,129

The Company made contributions of $10,000,000 and $30,000,000 to the Plan during the third quarter and first nine months of fiscal 2013, respectively. The Company currently expects to make an additional contribution of $10,000,000 to the Plan in the fourth quarter of fiscal 2013.

The entire disclosure for pension and other postretirement benefits.

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