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Employee Benefit Plans
3 Months Ended
Apr. 01, 2012
Employee Benefit Plans [Abstract]  
EMPLOYEE BENEFIT PLANS

NOTE 7 – EMPLOYEE BENEFIT PLANS

The following tables provide the components of net periodic benefit cost for the three-month periods ended April 1, 2012, and April 3, 2011, respectively:

 

                 
    Three Months Ended  

Defined Benefit Retirement Plan (Europe)

  April 1, 2012     April 3, 2011  
  (In thousands)  

Service cost

  $ 116     $ 71  

Interest cost

    2,544       2,838  

Expected return on assets

    (2,821     (2,934

Amortization of prior service costs

    13       21  

Recognized net actuarial (gains)/losses

    229       150  
   

 

 

   

 

 

 

Net periodic benefit cost

  $ 81     $ 146  
   

 

 

   

 

 

 

 

                 
    Three Months Ended  

Salary Continuation Plan (SCP)

  April 1, 2012     April 3, 2011  
  (In thousands)  

Service cost

  $ 113     $ 98  

Interest cost

    254       284  

Amortization of transition obligation

    —         55  

Amortization of prior service cost

    12       12  

Amortization of (gain)/loss

    67       93  
   

 

 

   

 

 

 

Net periodic benefit cost

  $ 446     $ 542