Quarterly report pursuant to Section 13 or 15(d)

Supplemental Retirement Plan and Related Post Retirement Benefits

v2.3.0.15
Supplemental Retirement Plan and Related Post Retirement Benefits
9 Months Ended
Oct. 01, 2011
Supplemental Retirement Plan and Related Post Retirement Benefits [Abstract]  
Supplemental Retirement Plan and Related Post Retirement Benefits
5) Supplemental Retirement Plan and Related Post Retirement Benefits
The Company has a non-qualified supplemental retirement defined benefit plan for certain executives. The following table sets forth information regarding the net periodic pension cost for the plan.
                                 
    Nine months Ended     Three Months Ended  
    October 1,     October 2,     October 1,     October 2,  
(in thousands)   2011     2010     2011     2010  
Service cost
  $ 36     $ 30     $ 12     $ 10  
Interest cost
    246       246       82       82  
Amortization of prior service cost
    81       81       27       27  
Amortization of net actuarial losses
    9             3        
 
                       
Net periodic cost
  $ 372     $ 357     $ 124     $ 119  
 
                       
Participants in the non-qualified supplemental retirement plan are entitled to paid medical, dental and long-term care insurance benefits upon retirement under the plan. The following table sets forth information regarding the net periodic cost recognized for those benefits:
                                 
    Nine Months Ended     Three Months Ended  
    October 1,     October 2,     October 1,     October 2,  
(in thousands)   2011     2010     2011     2010  
Service cost
  $     $ 3     $     $ 1  
Interest cost
    21       39       7       13  
Amortization of prior service cost
    18       18       6       6  
Amortization of net actuarial (gains) losses
    (3 )     9       (1 )     3  
 
                       
Net periodic cost
  $ 36     $ 69     $ 12     $ 23