Pension and Other Post-Retirement Benefit Plans

6 Months Ended

Jun. 27, 2015

Compensation and Retirement Disclosure [Abstract]

PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS

The following table provides the components of net periodic cost (benefit) for the Company’s pension and other post-retirement benefit plans for the three months ended June 27, 2015 and June 28, 2014:



	Pension Plans						Other Post-Retirement Benefit Plans
	June 27, 2015			June 28, 2014			June 27, 2015		June 28, 2014
	(in thousands)
Service cost	$	936		$	843		$	214	$	190
Interest cost	3,070			3,211			266		253
Expected return on plan assets	(4,382		)	(4,277		)	—		—
Amortization of prior service cost (credit)	(150		)	(159		)	—		165
Amortization of net loss	841			223			70		62
Net periodic cost (benefit)	$	315		$	(159	)	$	550	$	670

The following table provides the components of net periodic cost (benefit) for the Company’s pension and other post-retirement benefit plans for the six months ended June 27, 2015 and June 28, 2014:



	Pension Plans						Other Post-Retirement Benefit Plans
	June 27, 2015			June 28, 2014			June 27, 2015		June 28, 2014
	(in thousands)
Service cost	$	1,871		$	1,685		428		$	379
Interest cost	6,140			6,422			531		505
Expected return on plan assets	(8,764		)	(8,555		)	—		—
Amortization of prior service cost (credit)	(301		)	(318		)	—		330
Amortization of net loss	1,653			446			138		125
Net periodic cost (benefit)	$	599		$	(320	)	$	1,097	$	1,339