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Employee Benefit Plans
 6 Months Ended
Jul. 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 and six-month periods ended July 1, 2012, and July 3, 2011, respectively:

 

                                 
    Three Months Ended     Six Months Ended  

Defined Benefit Retirement Plan (Europe)

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

Service cost

   $ 113     $ 74     $ 229     $ 145  

Interest cost

     2,542       2,932       5,086       5,770  

Expected return on assets

     (2,817 )      (3,041 )      (5,638 )      (5,975 ) 

Amortization of prior service costs

     13       21       26       42  

Recognized net actuarial losses

     231       155       460       305  
   

 

 

    

 

 

    

 

 

    

 

 

  

Net periodic benefit cost

   $ 82     $ 141     $ 163     $ 287  
   

 

 

    

 

 

    

 

 

    

 

 

  
     
    Three Months Ended     Six Months Ended  

Salary Continuation Plan (SCP)

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

Service cost

   $ 113     $ 98     $ 226     $ 196  

Interest cost

     254       284       507       568  

Amortization of transition obligation

     —         55       —         110  

Amortization of prior service cost

     12       12       24       24  

Amortization of loss

     67       95       134       185  
   

 

 

    

 

 

    

 

 

    

 

 

  

Net periodic benefit cost

   $ 446     $ 544     $ 891     $ 1,083