XML 40 R30.htm IDEA: XBRL DOCUMENT v3.5.0.2
Employee Benefit Plans (Tables)
6 Months Ended
Jul. 02, 2016
Compensation and Retirement Disclosure [Abstract]  
Components of Net Periodic Pension Cost
The components of net periodic pension expense were as follows:
 
 
(In thousands)
 
(In thousands)
 
 
Three Months Ended
 
Six Months Ended
 
 
July 2,
2016
 
July 4,
2015
 
July 2,
2016
 
July 4,
2015
Service cost
 
$
133

 
$
197

 
$
266

 
$
393

Interest cost
 
342

 
337

 
684

 
675

Expected return on plan assets
 
(371
)
 
(373
)
 
(741
)
 
(747
)
Amortization of actuarial losses
 
190

 
221

 
381

 
443

Net periodic pension cost
 
$
294

 
$
382

 
$
590

 
$
764

Reclassification out of Accumulated Other Comprehensive Income
The components of the reclassifications of net actuarial losses from accumulated other comprehensive loss to net income for the three and six months ended July 2, 2016 were as follows:
 
 
(In thousands)
 
 
Three Months Ended
 
Six Months Ended
 
 
July 2,
2016
 
July 2,
2016
Amortization of actuarial losses - total before tax (1)
 
$
(190
)
 
$
(381
)
Tax benefit
 
73

 
141

Net of tax
 
$
(117
)
 
$
(240
)
(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.