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Employee Benefit Plans
12 Months Ended
Jul. 27, 2013
Compensation and Retirement Disclosure [Abstract]  
Employee Benefit Plans
Employee Benefit Plans

The Company sponsors a defined contribution plan that provides retirement benefits to eligible employees who elect to participate. Under the plan, participating employees may defer up to 15% of their base pre-tax compensation. The Company contributes 30% of the first 5% of base compensation that a participant contributes to the plan. The Company's contributions were $1.6 million, $1.2 million, and $1.0 million in fiscal 2013, 2012, and 2011 respectively. In addition, in connection with the businesses acquired in fiscal 2013, the Company assumed the obligation to make future contributions under an employee benefit plan in effect for certain hourly employees. Contributions for fiscal 2013 under this plan were $0.8 million.

The Company contributes to several multiemployer defined benefit pension plans under the terms of collective bargaining agreements ("CBA") that cover certain employees represented by unions.

The risks of participating in a multiemployer plan are different from single-employer plans in the following aspects:
assets contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other participating employers;

if a participating employer stops contributing to the plan, the unfunded obligations of the plan may be inherited by the remaining participating employers; and

if the Company stops participating in the multiemployer plan or ceases to have an obligation to contribute to the plan, the Company may be required to pay the plan an amount based on the underfunded status of the plan, referred to as a withdrawal liability.

The information available to the Company about the multiemployer plans in which it participates, whether via request to the plan or publicly available, is generally dated due to the nature of the reporting cycle of multiemployer plans and legal requirements under the Employee Retirement Income Security Act ("ERISA") as amended by the Multiemployer Pension Plan Amendments Act ("MPPAA"). Based upon these plans' most recently available annual reports, the Company's contribution to each of the plans was less than 5% of each such plans total contributions. The Pension, Hospitalization and Benefit Plan of the Electrical Industry – Pension Trust Fund ("the Plan") was considered individually significant and is presented separately below. All other plans are presented in the aggregate.
 
 
 
 
PPA Zone Status (a)
 
 
 
Company Contributions (in thousands)
 
 
 
Expiration Date of CBA
Fund
 
EIN
 
2012
 
2011
 
FIP/RP Status (b)
 
2013
 
2012
 
2011
 
Surcharge Imposed
 
The Plan
 
13-6123601
 
Green
 
Green
 
No
 
$
2,962

 
$2,882
 
$
3,811

 
No
 
05/05/2016
Other Plans (c)
 
 
 
 
 
 
 
 
 
243

 
 

 
 
 
various
Total Contributions
 
 
 
 
 
 
 
 
 
$
3,205

 
$2,882
 
$
3,811

 
 
 
 

(a)The most recent Pension Protection Act (the "PPA") zone status was provided by the Plan for Plan years ending 2012, and 2011 respectively. The zone status is based on information that the Company received from the Plan and is certified by the Plan's actuary. Generally, plans in the red zone are less that 65% funded, plans in the yellow zone are between 65% and 80% funded, and plans in the green zone are at least 80% funded.

(b)The "FIR/RP Status" column indicates plans for which a financial improvement plan (FIP) or rehabilitation plan (RP), as required by the Internal Revenue Code, is either pending or has been implemented.

(c)As a result of the acquisition of the Acquired Subsidiaries, the Company contributes to various multiemployer plans for employees of certain of the Acquired Subsidiaries. Contribution requirements to these multiemployer plans are specified in the applicable collective bargaining agreements, and are typically assessed on a pay-as-you-go basis based on union employee payrolls, which vary depending on location and union resources needed in connection with certain projects.

The Company has not incurred withdrawal liabilities related to the plans as of July 27, 2013.