XML 94 R15.htm IDEA: XBRL DOCUMENT v2.4.0.8
PENSION PLANS
6 Months Ended
Jun. 30, 2013
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Pension and Other Postretirement Benefits Disclosure
PENSION PLANS
Net periodic benefit cost includes the following components:
 
13 Weeks Ended
 
26 Weeks Ended

June 30,
2013
 
July 1,
2012
 
June 30,
2013
 
July 1,
2012
Interest cost
$
4,552

 
$
5,028

 
$
9,104

 
$
10,070

Expected return on plan assets
(5,208
)
 
(5,625
)
 
(10,416
)
 
(11,251
)
Amortization of net actuarial losses
6,898

 
5,773

 
13,796

 
11,558

Settlement loss

 

 

 
983

Total
$
6,242

 
$
5,176

 
$
12,484

 
$
11,360


As a result of associates retiring in 2012 and electing a lump-sum payment of their pension benefits under our non-qualified retirement plan, we recognized a non-cash settlement loss during the first quarter of 2012. A pension settlement is recorded when the total lump sum payments for a year exceed total service and interest costs to be recognized for that year. As part of the settlement, we recognized a pro-rata portion of the unrecognized net losses included in accumulated other comprehensive loss equal to the percentage reduction in the pension benefit obligation.