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Employee Benefits (Tables)
 12 Months Ended
Jan. 02, 2016
Compensation and Retirement Disclosure [Abstract]  
Schedule of changes in projected benefit obligations and change in plan assets
The following tables set forth the change in projected benefit obligation and the change in plan assets for the pension plan:
 
January 2,
2016
 
January 3,
2015
 
(In thousands)
Change in projected benefit obligation:
 
 
 
Projected benefit obligation at beginning of period
$
121,955

 
$
104,924

Service cost
1,104

 
1,056

Interest cost
5,099

 
5,123

Actuarial (gain) loss
(8,460
)
 
15,797

Curtailment gain
(272
)
 
—

Benefits paid
(4,371
)
 
(4,945
)
Projected benefit obligation at end of period
115,055

 
121,955

Change in plan assets:
 

 
 

Fair value of assets at beginning of period
80,192

 
77,039

Actual return on plan assets
(2,820
)
 
3,422

Employer contributions
5,263

 
4,676

Benefits paid
(4,371
)
 
(4,945
)
Fair value of assets at end of period
78,264

 
80,192

Net (unfunded) status of plan
$
(36,791
)
 
$
(41,763
)
Schedule of amounts recognized on consolidated balance sheets
The unfunded status and the amounts recognized on our Consolidated Balance Sheets for the pension plan are set forth in the following table:
 
January 2,
2016
 
January 3,
2015
 
(In thousands)
Unfunded status                                                                                                                            
$
(36,791
)
 
$
(41,763
)
Unrecognized prior service cost
1

 
1

Unrecognized actuarial loss
31,871

 
32,309

Net amount recognized
$
(4,919
)
 
$
(9,453
)
Amounts recognized on the balance sheet consist of:
 

 
 

Accrued pension liability
$
(36,791
)
 
$
(41,763
)
Accumulated other comprehensive loss (pre-tax)
31,872

 
32,310

Net amount recognized
$
(4,919
)
 
$
(9,453
)
Schedule of net periodic pension cost for pension plans
Net periodic pension cost for the pension plan included the following:
 
Fiscal Year Ended
January 2,
2016
 
Fiscal Year Ended
January 3,
2015
 
Fiscal Year Ended
January 4,
2014
 
(In thousands)
Service cost                                                                                              
$
1,104

 
$
1,056

 
$
2,193

Interest cost on projected benefit obligation
5,099

 
5,123

 
4,750

Expected return on plan assets
(6,172
)
 
(6,041
)
 
(5,225
)
Amortization of unrecognized loss
699

 
763

 
2,873

Net periodic pension cost
$
730

 
$
901

 
$
4,591
Schedule of assumptions used to determine the projected benefit obligation
The following assumptions were used to determine the projected benefit obligation at the measurement date and the net periodic pension cost:
 
January 2, 2016
 
January 3, 2015
Projected benefit obligation:
 
 
 
Discount rate
4.52
%
 
4.19
%
Average rate of increase in future compensation levels
Graded 5.5-2.5%

 
Graded 5.5-2.5%

Net periodic pension cost:
 

 
 

Discount rate
4.19
%
 
5.00
%
Average rate of increase in future compensation levels
Graded 5.5-2.5%

 
Graded 5.5-2.5%

Expected long-term rate of return on plan assets
7.54
%
 
7.85
%
Schedule of percentage of fair value of total assets by asset category
Our percentage of fair value of total assets by asset category as of the applicable measurement dates are as follows:
Asset Category
January 2,
2016
 
January 3,
2015
Equity securities — domestic                                                                                                                            
59
%
 
57
%
Equity securities — international
14
%
 
15
%
Fixed income
24
%
 
24
%
Other
3
%
 
4
%
Total
100
%
 
100
%
Schedule of fair value of plan assets by asset category
The fair value of our plan assets by asset category as of the applicable measurement dates are as follows:
Asset Category
January 2,
2016
 
January 3,
2015
 
(In thousands)
Equity securities — domestic                                                                                                                                                 
$
46,087

 
$
45,950

Equity securities — international
10,912

 
11,924

Fixed income
18,792

 
19,161

Other
2,473

 
3,157

Total
$
78,264

 
$
80,192
Schedule of estimated future benefit payments
Our estimated future benefit payments reflecting expected future service are as follows (in thousands):
Fiscal Year Ending
(In thousands)
January 2, 2016
$
5,612

December 31, 2016
5,922

December 30, 2017
6,188

December 29, 2018
6,430

December 28, 2019
6,673

Thereafter
$
36,100
Schedule of multiemployer plans
The following table lists our participation in our multiemployer plan that is individually significant, and other MEPP plans for the years ended, as follows:
 
 
 
 
Contributions (in thousands)
Pension Fund:
EIN/Pension Plan Number
Pension Act Zone Status
FIP Status
2015
 
2014
 
2013
Lumber Employees Local 786 Retirement Fund
516067407
Green
(2014 - 2015)
N/A
$0.4
 
$0.4
 
$0.4
Other
 
 
 
1.9
 
0.6
 
0.9
Total
 
 
 
$2.3
 
$1.0
 
$1.3