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Retirement Plan
9 Months Ended
Mar. 29, 2018
Retirement Benefits [Abstract]  
Retirement Plan

Note 9 – Retirement Plan

The Supplemental Employee Retirement Plan is an unfunded, non-qualified benefit 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 Thirty-Nine
Weeks Ended
 
     March 29,
2018
     March 30,
2017
     March 29,
2018
     March 30,
2017
 

Service cost

   $ 152      $ 157      $ 456      $ 473  

Interest cost

     213        203        638        608  

Amortization of prior service cost

     239        239        718        718  

Amortization of loss

     40        92        121        274  
  

 

 

    

 

 

    

 

 

    

 

 

 

Net periodic benefit cost

   $ 644      $ 691      $ 1,933      $ 2,073  
  

 

 

    

 

 

    

 

 

    

 

 

 

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.