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Retirement Plan
6 Months Ended
Dec. 29, 2011
Retirement Plan [Abstract]  
Retirement Plan

Note 9 — Retirement Plan

On August 2, 2007, our Compensation, Nominating and Corporate Governance Committee approved a restated Supplemental Retirement Plan (the “SERP”) for certain of our executive officers and key employees, effective as of August 25, 2005. The purpose of the SERP is to provide an unfunded, non-qualified deferred compensation benefit upon retirement, disability or death to certain executive officers and key employees. The monthly benefit is based upon each individual’s earnings and his or her number of years of service. Administrative expenses include the following net periodic benefit costs:

 

                                 
    For the Quarter Ended     For the Twenty-six Weeks Ended  
    December 29,
2011
    December 23,
2010
    December 29,
2011
    December 23,
2010
 

Service cost

  $ 60     $ 54     $ 121     $ 108  

Interest cost

    150       144       300       288  

Amortization of prior service cost

    240       240       479       479  

Amortization of gain

    (47     (54     (93     (108
   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

  $ 403     $ 384     $ 807     $ 767