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Pension Plans
 3 Months Ended
Apr. 03, 2015
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
Note 7 - Pension Plans
 
The following table summarizes the components of net periodic pension cost recorded for the Company’s defined benefit pension plans (in thousands):
 
 
 
Three Months Ended
April 3, 2015
 
Three Months Ended
April 4, 2014
 
Service cost
 
$
107
 
$
116
 
Interest cost
 
 
19
 
 
35
 
Expected return on plan assets
 
 
(21)
 
 
(27)
 
Net amortization of transitional obligation (a)
 
 
3
 
 
-
 
Actuarial loss, recognized in current period (a)
 
 
12
 
 
6
 
 
 
$
120
 
$
130
 
 
(a) Amounts reclassified from accumulated other comprehensive income.
 
During the three months ended April 3, 2015 and April 4, 2014, the Company made cash contributions totaling approximately $400,200 and $558,000, respectively, to its Swiss pension plan and does not expect to make additional cash contributions during the remainder of 2015. The Company is not required to and does not make contributions to its Japan pension plan.