Benefit Plans (Details) (USD $) | 12 Months Ended |
Dec. 27, 2014 | Dec. 28, 2013 | Dec. 29, 2012 |
Agreement |
Change in fair value of plan assets [Roll Forward] | | | | | |
Payable maximum period to be considered current | 12 months | | | | |
Long-term liability | ($20,070,000) | | ($10,645,000) | | |
Weighted average assumptions in net periodic benefit calculations [Abstract] | | | | | |
Minimum annual assumed rate of increase in the per capita cost of covered benefits (in hundredths) | 7.00% | | | | |
Maximum annual assumed rate of increase in the per capita cost of covered benefits (in hundredths) | 9.00% | | | | |
Ultimate health care cost trend rate (in hundredths) | 4.50% | | | | |
One percent change assumptions [Abstract] | | | | | |
Increase in the accumulated postretirement benefit obligation | 2,000,000 | | | | |
Increase in the service and interest cost components of net periodic postretirement benefit costs | 100,000 | | | | |
Decrease in the accumulated postretirement benefit obligation | 1,700,000 | | | | |
Decrease in the service and interest cost components of net periodic postretirement benefit costs | 100,000 | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 190,016,000 | | 188,870,000 | | |
Approximate percentage of common stock invested in major industry (in hundredths) | 51.00% | | 84.00% | | |
Approximate percentage of mutual funds actively managed (in hundredths) | 40.00% | | 32.00% | | |
Approximate percentage of indexed mutual funds | 60.00% | | 68.00% | | |
Percentage of mutual funds' assets that are invested in U.S equities (in hundredths) | 23.00% | | 33.00% | | |
Percent of mutual funds' assets that are invested in non-U.S. equities (in hundredths) | 67.00% | | 58.00% | | |
Percent of mutual funds' assets that are invested in non-U.S. fixed income securities (in hundredths) | 10.00% | | 9.00% | | |
I.A.M Plan Trusts [Abstract] | | | | | |
Number of collective bargaining agreements | 2 | | | | |
Pension contributions under the I.A.M. pension plan trusts | 1,000,000 | | 900,000 | | 1,000,000 |
Percentage of employer contributions (in hundredths) | Less than 5.00% | | | | |
Maximum percentage funded in the red zone, under the Pension Protection act of 2006 (in hundredths) | 65.00% | | | | |
Maximum percentage funded in the yellow zone, under the Pension Protection act of 2006 (in hundredths) | 80.00% | | | | |
Minimum percentage funded in the green zone, under the Pension Protection act of 2006 (in hundredths) | 80.00% | | | | |
401 (k) Plan [Abstract] | | | | | |
Compensation expense for the Company's matching contribution | 4,100,000 | | 3,200,000 | | 2,900,000 |
Contributions to UMWA 1992 Benefit Plan | 249,000 | | 290,000 | | 315,000 |
Limited Partnerships [Member] | | | | | |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | | | | | |
Beginning balance | 4,780,000 | | | | |
Redemptions | -401,000 | | | | |
Subscriptions | 401,000 | | | | |
Net appreciation in fair value | 290,000 | | | | |
Ending balance | 5,070,000 | | | | |
Level 1 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 121,879,000 | | 120,655,000 | | |
Level 2 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 63,067,000 | | 63,435,000 | | |
Level 3 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 5,070,000 | | 4,780,000 | | |
Cash and Money Market Funds [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 84,377,000 | | 13,992,000 | | |
Cash and Money Market Funds [Member] | Level 1 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 84,377,000 | | 13,992,000 | | |
Cash and Money Market Funds [Member] | Level 2 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 0 | | 0 | | |
Cash and Money Market Funds [Member] | Level 3 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 0 | | 0 | | |
Common Stock [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 26,105,000 | [1] | 79,497,000 | [2] | |
Common Stock [Member] | Level 1 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 26,105,000 | [1] | 79,497,000 | [2] | |
Common Stock [Member] | Level 2 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 0 | [1] | 0 | [2] | |
Common Stock [Member] | Level 3 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 0 | [1] | 0 | [2] | |
Mutual Funds [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 74,464,000 | [3] | 90,601,000 | [4] | |
Mutual Funds [Member] | Level 1 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 11,397,000 | [3] | 27,166,000 | [4] | |
Mutual Funds [Member] | Level 2 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 63,067,000 | [3] | 63,435,000 | [4] | |
Mutual Funds [Member] | Level 3 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 0 | [3] | 0 | [4] | |
Limited Partnerships [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 5,070,000 | | 4,780,000 | | |
Limited Partnerships [Member] | Level 1 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 0 | | 0 | | |
Limited Partnerships [Member] | Level 2 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 0 | | 0 | | |
Limited Partnerships [Member] | Level 3 [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Plan assets | 5,070,000 | | 4,780,000 | | |
Pension Benefits [Member] | | | | | |
Change in benefit obligation [Roll Forward] | | | | | |
Obligation at beginning of year | 184,058,000 | | 196,167,000 | | |
Service cost | 973,000 | | 948,000 | | |
Interest cost | 8,590,000 | | 7,774,000 | | |
Actuarial loss (gain) | 30,138,000 | | -11,635,000 | | |
Benefit payments | -11,064,000 | | -10,668,000 | | |
Foreign currency translation adjustment | -4,957,000 | | 1,472,000 | | |
Obligation at end of year | 207,738,000 | | 184,058,000 | | 196,167,000 |
Change in fair value of plan assets [Roll Forward] | | | | | |
Fair value of plan assets at beginning of year | 188,870,000 | | 160,980,000 | | |
Actual return on plan assets | 12,716,000 | | 35,578,000 | | |
Employer contributions | 3,275,000 | | 1,551,000 | | |
Benefit payments | -11,064,000 | | -10,668,000 | | |
Foreign currency translation adjustment | -3,781,000 | | 1,429,000 | | |
Fair value of plan assets at end of year | 190,016,000 | | 188,870,000 | | 160,980,000 |
(Underfunded) funded status at end of year | -17,722,000 | | 4,812,000 | | |
Unrecognized net actuarial loss (gain) | 49,830,000 | | 21,128,000 | | |
Unrecognized prior service cost | 0 | | 1,000 | | |
Long-term asset | 2,348,000 | | 15,457,000 | | |
Current liability | 0 | | 0 | | |
Long-term liability | -20,070,000 | | -10,645,000 | | |
Total (underfunded) funded status | -17,722,000 | | 4,812,000 | | |
Service cost | 973,000 | | 948,000 | | 884,000 |
Interest cost | 8,590,000 | | 7,774,000 | | 8,472,000 |
Expected return on plan assets | -13,669,000 | | -11,059,000 | | -10,263,000 |
Amortization of prior service cost (credit) | 1,000 | | 1,000 | | 1,000 |
Amortization of net (gain) loss | 752,000 | | 4,005,000 | | 3,883,000 |
Net periodic benefit (income) cost | -3,353,000 | | 1,669,000 | | 2,977,000 |
Weighted average assumptions in benefit obligations calculations [Abstract] | | | | | |
Discount rate (in hundredths) | 4.03% | | 4.82% | | |
Expected long-term return on plan assets (in hundredths) | 5.58% | | 7.40% | | |
Rate of inflation (in hundredths) | 3.10% | | 3.40% | | |
Weighted average assumptions in net periodic benefit calculations [Abstract] | | | | | |
Discount rate (in hundredths) | 4.82% | | 4.13% | | 4.80% |
Expected long-term return on plan assets (in hundredths) | 7.40% | | 7.15% | | 7.11% |
Rate of inflation (in hundredths) | 3.40% | | 2.70% | | 3.00% |
Asset category [Abstract] | | | | | |
Total plan assets (in hundredths) | 100.00% | | 100.00% | | |
Expected long-term rate of return on plan assets (in hundredths) | 5.58% | | 7.40% | | |
Future expected benefit payments [Abstract] | | | | | |
2015 | 11,303,000 | | | | |
2016 | 11,492,000 | | | | |
2017 | 11,671,000 | | | | |
2018 | 11,878,000 | | | | |
2019 | 12,116,000 | | | | |
2020-2024 | 64,358,000 | | | | |
Total | 122,818,000 | | | | |
Company's expected contribution to benefit plans in next fiscal year | 1,500,000 | | | | |
Pension Benefits [Member] | Equity Securities [Member] | | | | | |
Asset category [Abstract] | | | | | |
Total plan assets (in hundredths) | 49.00% | | 86.00% | | |
Pension Benefits [Member] | Equity Securities [Member] | Maximum [Member] | | | | | |
Asset category [Abstract] | | | | | |
Total plan assets (in hundredths) | 30.00% | | | | |
Pension Benefits [Member] | Fixed Income Securities [Member] | | | | | |
Asset category [Abstract] | | | | | |
Total plan assets (in hundredths) | 4.00% | | 4.00% | | |
Pension Benefits [Member] | Fixed Income Securities [Member] | Minimum [Member] | | | | | |
Asset category [Abstract] | | | | | |
Total plan assets (in hundredths) | 60.00% | | | | |
Pension Benefits [Member] | Cash and Money Market Funds [Member] | | | | | |
Asset category [Abstract] | | | | | |
Total plan assets (in hundredths) | 44.00% | | 7.00% | | |
Pension Benefits [Member] | Alternative Investments [Member] | | | | | |
Asset category [Abstract] | | | | | |
Total plan assets (in hundredths) | 3.00% | | 3.00% | | |
Pension Benefits [Member] | Alternative Investments [Member] | Maximum [Member] | | | | | |
Asset category [Abstract] | | | | | |
Total plan assets (in hundredths) | 5.00% | | | | |
Other Benefits [Member] | | | | | |
Change in benefit obligation [Roll Forward] | | | | | |
Obligation at beginning of year | 15,381,000 | | 18,096,000 | | |
Service cost | 348,000 | | 413,000 | | |
Interest cost | 685,000 | | 647,000 | | |
Actuarial loss (gain) | 4,272,000 | | -2,554,000 | | |
Benefit payments | -1,142,000 | | -1,211,000 | | |
Foreign currency translation adjustment | -237,000 | | -10,000 | | |
Obligation at end of year | 19,307,000 | | 15,381,000 | | 18,096,000 |
Change in fair value of plan assets [Roll Forward] | | | | | |
Fair value of plan assets at beginning of year | 0 | | 0 | | |
Actual return on plan assets | 0 | | 0 | | |
Employer contributions | 1,142,000 | | 1,211,000 | | |
Benefit payments | -1,142,000 | | -1,211,000 | | |
Foreign currency translation adjustment | 0 | | 0 | | |
Fair value of plan assets at end of year | 0 | | 0 | | 0 |
(Underfunded) funded status at end of year | -19,307,000 | | -15,381,000 | | |
Unrecognized net actuarial loss (gain) | 473,000 | | -4,016,000 | | |
Unrecognized prior service cost | 14,000 | | 20,000 | | |
Long-term asset | 0 | | 0 | | |
Current liability | -1,251,000 | | -1,033,000 | | |
Long-term liability | -18,056,000 | | -14,348,000 | | |
Total (underfunded) funded status | -19,307,000 | | -15,381,000 | | |
Service cost | 348,000 | | 413,000 | | 380,000 |
Interest cost | 685,000 | | 647,000 | | 635,000 |
Amortization of prior service cost (credit) | 6,000 | | -2,000 | | -2,000 |
Amortization of net (gain) loss | -218,000 | | -160,000 | | -73,000 |
Net periodic benefit (income) cost | 821,000 | | 898,000 | | 940,000 |
Weighted average assumptions in benefit obligations calculations [Abstract] | | | | | |
Discount rate (in hundredths) | 4.33% | | 4.89% | | |
Rate of compensation increases (in hundredths) | 5.00% | | 5.50% | | |
Weighted average assumptions in net periodic benefit calculations [Abstract] | | | | | |
Discount rate (in hundredths) | 4.89% | | 4.06% | | 4.97% |
Rate of compensation increases (in hundredths) | 5.50% | | 5.04% | | 5.04% |
Future expected benefit payments [Abstract] | | | | | |
2015 | 1,251,000 | | | | |
2016 | 1,137,000 | | | | |
2017 | 1,133,000 | | | | |
2018 | 1,203,000 | | | | |
2019 | 1,171,000 | | | | |
2020-2024 | 6,488,000 | | | | |
Total | 12,383,000 | | | | |
Company's expected contribution to benefit plans in next fiscal year | 1,300,000 | | | | |
U.K Plan [Member] | | | | | |
Change in fair value of plan assets [Roll Forward] | | | | | |
Percent of above benefit obligation on company sponsored UK pension plan (in hundredths) | 40.00% | | 40.00% | | |
Percent above plan assets on company sponsored UK pension plan (in hundredths) | 34.00% | | 34.00% | | |
Actuarial net loss to be recognized as components of net periodic benefit cost in 2015 | $2,900,000 | | | | |
|
[1] | Approximately 51 percent of common stock represents investments in U.S. companies primarily in the health care, utilities, financials, consumer staples, industrials, and information technology sectors. All investments in common stock are listed on U.S. stock exchanges. |
[2] | Approximately 84 percent of common stock represents investments in U.S. companies primarily in the health care, utilities, financials, consumer staples, industrials, and information technology sectors. All investments in common stock are listed on U.S. stock exchanges. |
[3] | Approximately 40 percent of mutual funds are actively managed funds and approximately 60 percent of mutual funds are index funds. Additionally, 23 percent of the mutual funds assets are invested in U.S. equities, 67 percent in non-U.S. equities, and 10 percent in non-U.S. fixed income securities. |
[4] | Approximately 32 percent of mutual funds are actively managed funds and approximately 68 percent of mutual funds are index funds. Additionally, 33 percent of the mutual funds assets are invested in U.S. equities, 58 percent in non-U.S. equities, and 9 percent in non-U.S. fixed income securities. |