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Retirement Plan
 3 Months Ended
Sep. 27, 2012
Retirement Plan

Note 7 – 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 named 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  
     September 27,
2012		      September 29,
2011		  

Service cost

    $ 86       $ 61   

Interest cost

      142         150   

Amortization of prior service cost

      239         239   

Amortization of gain

      —           (46 ) 
  

 

 

     

 

 

  

Net periodic benefit cost

    $ 467       $ 404