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RETIREMENT PLAN (Tables)
12 Months Ended
Jun. 27, 2013
Compensation And Retirement Disclosure [Abstract]  
Changes in Projected Benefit Obligation

The following table presents the changes in the projected benefit obligation for the fiscal years ended:

 

     June 27,
2013
    June 28,
2012
 

Change in projected benefit obligation

    

Benefit obligation at beginning of year

   $ 13,989      $ 11,221   

Service cost

     343        243   

Interest cost

     570        600   

Actuarial (gain) loss

     (979     2,579   

Benefits paid

     (655     (654
  

 

 

   

 

 

 

Projected benefit obligation at end of year

   $ 13,268      $ 13,989   
  

 

 

   

 

 

 
Components of Actuarial Loss (Gain) Portion of Change in Projected Benefit Obligation

Components of the actuarial (gain) loss portion of the change in projected benefit obligation are presented below for the fiscal years ended:

 

     June 27,
2013
    June 28,
2012
    June 30,
2011
 

Actuarial (Gain) Loss

      

Change in assumed pay increases

   $ 423      $ (35   $ 79   

Change in discount rate

     (1,555     2,494        150   

Other

     153        120        249   
  

 

 

   

 

 

   

 

 

 

Actuarial (gain) loss

   $ (979   $ 2,579      $ 478   
  

 

 

   

 

 

   

 

 

 
Schedule of Net Benefit Costs

The components of the net periodic pension cost are as follows for the fiscal years ended:

 

     June 27,
2013
     June 28,
2012
    June 30,
2011
 

Service cost

   $ 343       $ 243      $ 216   

Interest cost

     570         600        577   

Recognized gain amortization

     —           (185     (216

Prior service cost amortization

     957         957        957   
  

 

 

    

 

 

   

 

 

 

Net periodic pension cost

   $ 1,870       $ 1,615      $ 1,534   
  

 

 

    

 

 

   

 

 

 
Assumptions to Calculate Benefit Obligations of SERP

We used the following assumptions to calculate the benefit obligations of our SERP as of the following dates:

 

    

June 27,

2013

  

June 28,

2012

Discount rate

   4.90%    4.17%

Rate of compensation increases

   4.50%    4.50%

Bonus payment

   60% - 70% of base, paid 3 of 5 years    60% - 70% of base, paid 3 of 5 years
Assumptions to Calculate Net Periodic Costs of SERP

We used the following assumptions to calculate the net periodic costs of our SERP as follows for the fiscal years ended:

 

    

June 27,

2013

  

June 28,

2012

  

June 30,

2011

Discount rate

   4.17%    5.51%    5.61%

Rate of compensation increases

   4.50%    4.50%    4.50%

Bonus payment

   60% - 70% of base, paid 3 of 5 years    60% - 70% of base, paid 3 of 5 years    60% - 70% of base, paid 3 of 5 years
Benefits Expected to be Paid in Next Ten Fiscal Years

The following table presents the benefits expected to be paid in the next ten fiscal years:

 

Fiscal year

      

2014

   $ 653   

2015

     651   

2016

     644   

2017

     634   

2018

     619   

2019 — 2023

     2,678   
Components of AOCL

The following table presents the components of AOCL that have not yet been recognized in net pension expense:

 

     June 27, 2013     June 28, 2012  

Unrecognized net gain

   $ 2,257      $ 1,278   

Unrecognized prior service cost

     (7,177     (8,134

Tax effect

     1,756        2,529   
  

 

 

   

 

 

 

Net amount unrecognized

   $ (3,164   $ (4,327