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Retirement Plans
9 Months Ended
Sep. 29, 2013
Compensation and Retirement Disclosure [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 thirty-nine weeks ended September 29, 2013, payments to retirees or their beneficiaries totaled approximately $973,000.  We presently anticipate benefit payments in 2013 to total approximately $1.3 million.  The following table summarizes the components of net periodic pension cost for the first three quarters of 2013 and 2012.

(Dollars in thousands)
Thirteen Weeks Ended
 
Thirty-nine Weeks Ended
 
September 29,
2013
 
September 23,
2012
 
September 29,
2013
 
September 23,
2012
Service cost
$
67

 
$
61

 
$
201

 
$
183

Interest cost
283

 
304

 
851

 
914

Net amortization
135

 
66

 
404

 
197

Net periodic pension cost
$
485

 
$
431

 
$
1,456

 
$
1,294