Pension and Other Post-Retirement Benefit Plans

6 Months Ended

Jun. 25, 2016

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 plans for the three months ended June 25, 2016 and June 27, 2015:



	Pension Plans
	June 25, 2016			June 27, 2015
	(in thousands)
Service cost	$	639		$	1,150
Interest cost	3,220			3,336
Expected return on plan assets	(3,998		)	(4,382		)
Amortization of prior service credit	(144		)	(150		)
Amortization of net loss	545			911
Net periodic cost	$	262		$	865

The following table provides the components of net periodic cost (benefit) for the Company’s pension plans for the six months ended June 25, 2016 and June 27, 2015:



	Pension Plans
	June 25, 2016			June 27, 2015
	(in thousands)
Service cost	$	1,193		$	2,299
Interest cost	6,584			6,671
Expected return on plan assets	(7,990		)	(8,764		)
Amortization of prior service credit	(288		)	(301		)
Amortization of net loss	1,091			1,791
Net periodic cost	$	590		$	1,696

The net periodic cost for the Company’s other post-retirement benefit plan for the three and six months ended June 25, 2016 and June 27, 2015 was insignificant.