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Retirement Plan
6 Months Ended
Dec. 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      For the Twenty-six Weeks
Ended
 
     December 27,
2018
     December 28,
2017
     December 27,
2018
     December 28,
2017
 

Service cost

   $ 153      $ 152      $ 305      $ 304  

Interest cost

     223        212        447        425  

Amortization of prior service cost

     240        240        479        479  

Amortization of loss

     23        41        47        81  
  

 

 

    

 

 

    

 

 

    

 

 

 

Net periodic benefit cost

   $ 639      $ 645      $ 1,278      $ 1,289  
  

 

 

    

 

 

    

 

 

    

 

 

 

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.