POST-RETIREMENT PLANS (Tables)

9 Months Ended

Oct. 04, 2014

Summary of Company's Balance Sheet Related Pension and Other Postretirement Benefit Plan

The following summarizes the company’s balance sheet related pension and other postretirement benefit plan accounts at October 4, 2014 as compared to accounts at December 28, 2013 (amounts in thousands):


	October 4, 2014		December 28, 2013
Current benefit liability	$	1,301	$	1,301
Noncurrent benefit liability	$	22,048	$	44,226
Accumulated other comprehensive loss, net of tax	$	50,684	$	51,099

Net Periodic Pension Cost

Components of Net Periodic Benefit / (Income) Cost

The net periodic pension cost (income) for the company’s plans include the following components (amounts in thousands):


	For the Twelve Weeks Ended						For the Forty Weeks Ended
	October 4, 2014			October 5, 2013			October 4, 2014			October 5, 2013
Service cost	$	148		$	163		$	493		$	544
Interest cost		4,944			4,636			16,481			15,453
Expected return on plan assets		(7,804	)		(6,618	)		(26,013	)		(22,061	)
Amortization of net loss		444			1,425			1,480			4,751

Total net periodic benefit income	$	(2,268	)	$	(394	)	$	(7,559	)	$	(1,313	)

Net Periodic Postretirement Benefit Cost

Components of Net Periodic Benefit / (Income) Cost

The net periodic postretirement benefit (income) cost for the company includes the following components (amounts in thousands):


	For the Twelve Weeks Ended						For the Forty Weeks Ended
	October 4, 2014			October 5, 2013			October 4, 2014			October 5, 2013
Service cost	$	87		$	79		$	290		$	263
Interest cost		103			88			343			293
Amortization of prior service (credit) cost		(108	)		(60	)		(360	)		(199	)
Amortization of net (gain) loss		(133	)		(184	)		(444	)		(614	)

Total net periodic benefit income	$	(51	)	$	(77	)	$	(171	)	$	(257	)