Pension Benefits (Tables)

9 Months Ended

Oct. 01, 2022

Pension Benefits

Schedule of components of net periodic pension costs

Net periodic pension cost for our four company-sponsored defined benefit pension plans for the third quarter and first three quarters of 2022 and 2021 includes the following components (in thousands):

	Thirteen Weeks Ended				Thirty-nine Weeks Ended
	October 1,		October 2,		October 1,		October 2,
	2022		2021		2022		2021
Service cost—benefits earned during the period	$	2,191	$	2,602	$	6,679	$	7,831
Interest cost on projected benefit obligation		1,364		1,207		4,100		3,640
Expected return on plan assets		(3,236)		(2,728)		(9,709)		(8,212)
Amortization of unrecognized loss		27		403		81		1,248
Net periodic pension cost	$	346	$	1,484	$	1,151	$	4,507