5Pension Plans

The Company has non-contributory defined benefit pension plans covering certain of its U.S. employees. Retirement benefits are generally provided based on the employees’ years of service and average earnings. Normal retirement age is 65, with provisions for earlier retirement.

The components of net periodic benefit cost related to Company sponsored defined benefit plans for the three and six month periods ended April 3, 2015 and March 28, 2014 were as follows:



	Three Months Ended				Six Months Ended
	April 3		March 28		April 3		March 28
	2015		2014		2015		2014
Components of net periodic benefit cost:
Service cost	$	-	$	-	$	-	$	-
Interest on projected benefit obligation		270		250		539		499
Less estimated return on plan assets		220		244		494		488
Amortization of unrecognized losses		86		166		171		333
	$	136	$	172	$	216	$	344