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Benefit Plans
3 Months Ended
Apr. 01, 2012
Compensation and Retirement Disclosure [Abstract]  
Benefit Plans
BENEFIT PLANS
The following table summarizes key information related to the Company’s pension plans and retirement agreements (in thousands):  
 
Thirteen
Weeks  Ended
April 1, 2012
 
Fiscal Year Ended
January  1, 2012
Change in Projected Benefit Obligation
 
 
 
Projected benefit obligation, beginning of period
$
16,879

 
$
13,830

Service cost
193

 
645

Interest cost
197

 
667

Actuarial gain

 
1,922

Benefits paid
(52
)
 
(185
)
Projected benefit obligation, end of period
$
17,217

 
$
16,879

Change in Plan Assets
 
 
 
Plan assets at fair value, beginning of period
$

 
$

Company contributions
52

 
185

Benefits paid
(52
)
 
(185
)
Plan assets at fair value, end of period
$

 
$

Unfunded Status of the Plan
$
(17,217
)
 
$
(16,879
)

 
Thirteen Weeks Ended
 
April 1, 2012
 
April 3, 2011
Components of Net Periodic Benefit Cost
 
 
 
Service cost
$
193

 
$
161

Interest cost
197

 
167

Amortization of: Prior service cost

 

Net loss
48

 
16

Net periodic pension cost
$
438

 
$
344


The long-term portion of the pension liability as of April 1, 2012 and January 1, 2012 was $17.1 million and $16.7 million, respectively, and is included in Other Non-Current Liabilities in the accompanying consolidated balance sheets.