Retirement Plans

6 Months Ended

Jun. 24, 2012

Retirement Plans [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

Retirement Plans

We have an unfunded supplemental executive retirement plan covering certain officers, key members of management and our non-employee directors.  Subject to certain vesting requirements, the plan provides for retirement benefits based on the average of the final thirty-six months of base salary.  Such benefits become payable upon attaining age sixty-five, or upon retirement, if later.  The benefits are paid biweekly and continue for the retiree’s remaining life or for a minimum of ten years. The plan was closed to new participants effective February 3, 2011.

For the twenty-six weeks ended June 24, 2012, payments to retirees or their beneficiaries totaled approximately $588,000.  We presently anticipate benefit payments in 2012 to total approximately $1.3 million.  The following table summarizes the components of net periodic pension cost for the first two quarters of 2012 and 2011.

(Dollars in thousands)	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 24, 2012		June 26, 2011		June 24, 2012		June 26, 2011
Service cost	$	61	$	74	$	122	$	148
Interest cost	306		329		610		658
Net amortization	65		—		131		—
Net periodic pension cost	$	432	$	403	$	863	$	806