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Retirement Plan
3 Months Ended
Sep. 27, 2018
Retirement Benefits [Abstract]  
Retirement Plan

Note 8 – 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  
     September 27,
2018
     September 28,
2017
 

Service cost

   $ 152      $ 152  

Interest cost

     224        213  

Amortization of prior service cost

     239        239  

Amortization of loss

     24        40  
  

 

 

    

 

 

 

Net periodic benefit cost

   $ 639      $ 644  
  

 

 

    

 

 

 

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.