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Employee Retirement Plans
9 Months Ended
Mar. 31, 2012
Employee Retirement Plans [Abstract]  
Employee Retirement Plans

10. Employee Retirement Plans

The Company expects to make payments in the aggregate of $1,975 during fiscal 2012 to the funded, qualified associates’ retirement plan (“ARP”) and to meet its current year payment obligation for the unfunded, nonqualified supplemental retirement plans (collectively, “SRP”). In the nine-month period of fiscal 2012, contributions of $976 were made into the ARP and payments of $519 were made to participants in the SRP.

The components of net periodic benefit cost for the retirement plans in the aggregate during each period noted below consisted of the following:

 

                                 
    Third Quarter     Nine-month period  
    Fiscal 2012     Fiscal 2011     Fiscal 2012     Fiscal 2011  

Service cost

  $ —       $ —       $ —       $ —    

Interest cost

    505       494       1,517       1,480  

Expected return on plan assets

    (481     (511     (1,444     (1,532

Net amortization

    348       315       1,043       946  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total pension expense

  $ 372     $ 298     $ 1,116     $ 894