Pension plan (Tables)

9 Months Ended

Mar. 29, 2014

Compensation and Retirement Disclosure [Abstract]

Components of net periodic pension costs

The Company has a noncontributory defined benefit pension plan (the “Plan”) for which the components of net periodic pension costs during the third quarters and nine months ended March 29, 2014 and March 30, 2013 were as follows:

	Third Quarters Ended						Nine Months Ended
	March 29, 2014			March 30, 2013			March 29, 2014			March 30, 2013
	(Thousands)
Service cost	$	9,183		$	9,230		$	27,549		$	27,690
Interest cost	4,289			3,663			12,867			10,989
Expected return on plan assets	(7,727		)	(6,976		)	(23,181		)	(20,928		)
Recognized net actuarial loss	3,171			3,724			9,513			11,172
Amortization of prior service credit	(393		)	(393		)	(1,179		)	(1,179		)
Net periodic pension cost	$	8,523		$	9,248		$	25,569		$	27,744