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Retirement Plan
6 Months Ended
Dec. 28, 2017
Retirement Benefits [Abstract]  
Retirement Plan

Note 9 – Retirement Plan

The Supplemental Employee Retirement Plan is an unfunded, non-qualified deferred compensation plan that will provide eligible participants with monthly benefits upon retirement, disability or death, subject to certain conditions. The monthly benefit is based upon each participant’s earnings and his or her number of years of service. The components of net periodic benefit cost are as follows:

 

     For the Quarter Ended      For the Twenty-six Weeks Ended  
     December 28,
2017
     December 29,
2016
     December 28,
2017
     December 29,
2016
 

Service cost

   $ 152      $ 158      $ 304      $ 316  

Interest cost

     212        202        425        405  

Amortization of prior service cost

     240        240        479        479  

Amortization of loss

     41        91        81        182  
  

 

 

    

 

 

    

 

 

    

 

 

 

Net periodic benefit cost

   $ 645      $ 691      $ 1,289      $ 1,382  
  

 

 

    

 

 

    

 

 

    

 

 

 

The components of net periodic benefit cost other than the service cost component are included in the line item “Other expense” in the Consolidated Statements of Comprehensive Income.