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Deferred Compensation and Other Benefits (Tables)
3 Months Ended
Mar. 27, 2020
Compensation And Retirement Disclosure [Abstract]  
Schedule of Net Periodic Pension Cost

Net periodic pension cost for the quarters ended March 27, 2020 and March 29, 2019 for the plans is as follows:

 

 

 

For the Quarter Ended

 

(amounts in thousands)

 

March 27, 2020

 

 

March 29, 2019

 

Service cost

 

$

103

 

 

$

84

 

Interest cost

 

 

87

 

 

 

147

 

Expected return on assets

 

 

(159

)

 

 

(155

)

Amortization of actuarial loss

 

 

74

 

 

 

48

 

Net periodic pension cost

 

$

105

 

 

$

124

 

Schedule of Change in Fair Value of Plan Assets

The change in the fair value of plan assets for the plans for the quarters ended March 27, 2020 and March 29, 2019 was as follows:

 

 

For the Quarter Ended

 

(amounts in thousands)

 

March 27, 2020

 

 

March 29, 2019

 

Fair value of plan assets at beginning of period

 

$

18,077

 

 

$

17,403

 

Return on plan assets

 

 

159

 

 

 

155

 

Contributions

 

 

284

 

 

 

278

 

Benefits paid

 

 

(204

)

 

 

(204

)

Effect of exchange rate changes

 

 

(254

)

 

 

(334

)

Fair value of plan assets at end of quarter

 

$

18,062

 

 

$

17,298