Employee Benefit Plans

3 Months Ended

Apr. 02, 2016

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

Employee Benefit Plans

The components of net periodic pension expense were as follows:

	(In thousands)
	Three Months Ended
	April 2, 2016			April 4, 2015
Service cost	$	133		$	196
Interest cost	342			338
Expected return on plan assets	(370		)	(374		)
Amortization of actuarial losses	191			222
Net periodic pension cost	$	296		$	382

The components of the reclassifications of net actuarial losses from accumulated other comprehensive loss to net income for the three months ended April 2, 2016 were as follows:

	(In thousands)
	Three Months Ended
	April 2, 2016
Amortization of actuarial losses - total before tax (1)	$	(191	)
Tax benefit	68
Net of tax	$	(123	)

(1) The amortization expense is included in the computation of periodic pension cost and is a decrease to net income upon reclassification from accumulated other comprehensive loss.