NOTE 10 – POSTRETIREMENT BENEFIT PLANS

Net postretirement benefit cost includes the following components:

	13 Weeks Ended						39 Weeks Ended
	October 2,			October 3,			October 2,			October 3,
	2011			2010			2011			2010

Interest cost	$	53		$	96		$	161		$	289
Amortization of prior service credits		(1,226	)		(1,150	)		(3,679	)		(3,449	)
Amortization of net actuarial losses		114			122			342			365
Recognition of new prior service credit		(5,074	)		-			(5,074	)		-
Recognition of unrecognized prior service credits		(18,942	)		-			(18,942	)		-
Recognition of unrecognized actuarial losses		3,778			-			3,778			-

Total	$	(21,297	)	$	(932	)	$	(23,414	)	$	(2,795	)

During the third quarter of 2011, we terminated our postretirement healthcare plan and will no longer offer medical benefits to currently retired employees, effective as of December 31, 2011. While we have no successor plan to replace coverage for the retired employees currently covered by the plan, we are facilitating their purchase of individual plans in the marketplace. Because the elimination of these benefits reduced benefits previously earned, this action was treated as a negative plan amendment that reduced the accumulated postretirement benefit obligation by $5,074 in the third quarter of 2011.

In addition, the plan amendment also resulted in a net credit of $15,164 to net postretirement benefit cost for the immediate recognition of previously unrecognized prior service credits and actuarial losses. This net credit was offset by an adjustment to accumulated other comprehensive income and deferred tax liabilities.