Pension and Other Post-Retirement Benefit Plans

9 Months Ended

Sep. 26, 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 September 26, 2015 and September 27, 2014:



	Pension Plans						Other Post-Retirement Benefit Plans
	September 26, 2015			September 27, 2014			September 26, 2015		September 27, 2014
	(in thousands)
Service cost	$	935		$	880		$	214	$	190
Interest cost	3,070			3,211			265		252
Expected return on plan assets	(4,383		)	(4,540		)	—		—
Amortization of prior service cost (credit)	(150		)	(166		)	—		159
Amortization of net loss	780			238			65		60
Net periodic cost (benefit)	$	252		$	(377	)	$	544	$	661

The following table provides the components of net periodic cost (benefit) for the Company’s pension and other post-retirement benefit plans for the nine months ended September 26, 2015 and September 27, 2014:



	Pension Plans						Other Post-Retirement Benefit Plans
	September 26, 2015			September 27, 2014			September 26, 2015		September 27, 2014
	(in thousands)
Service cost	$	2,806		$	2,565		$	642	$	569
Interest cost	9,210			9,633			796		757
Expected return on plan assets	(13,147		)	(13,095		)	—		—
Amortization of prior service cost (credit)	(451		)	(484		)	—		489
Amortization of net loss	2,433			684			203		185
Net periodic cost (benefit)	$	851		$	(697	)	$	1,641	$	2,000