v2.4.0.8
EMPLOYEE BENEFIT PLANS (Tables)
6 Months Ended
Jun. 29, 2013
Compensation and Retirement Disclosure [Abstract]  
Components of pension expense and post-retirement benefit expense
The net periodic pension cost included in the statement of operations was comprised of:
 
Fiscal quarters ended
 
Two fiscal quarters ended
(dollars in thousands)
June 29, 2013
 
June 30, 2012
 
June 29, 2013
 
June 30, 2012
Interest cost
$
584

 
$
597

 
$
1,168

 
$
1,194

Expected return on plan assets
(764
)
 
(713
)
 
(1,528
)
 
(1,426
)
Recognized actuarial loss
207

 
178

 
414

 
355

Net periodic pension cost
$
27

 
$
62

 
$
54

 
$
123

The components of post-retirement benefit expense charged to the statement of operations are as follows:
 
 
Fiscal quarters ended
 
Two fiscal quarters ended
(dollars in thousands)
 
June 29,
2013
 
June 30,
2012
 
June 29,
2013
 
June 30,
2012
 
 
 
 
 
 
 
 
 
Service cost – benefits attributed to service during the period
 
$
40

 
$
17

 
$
80

 
$
34

Interest cost on accumulated post-retirement benefit obligation
 
58

 
53

 
116

 
106

Amortization net actuarial gain
 
(34
)
 
(18
)
 
(68
)
 
(36
)
Total net periodic post-retirement benefit cost
 
$
64

 
$
52

 
$
128

 
$
104