Employee Benefit Plans (Tables)

6 Months Ended

Jul. 01, 2017

Retirement Benefits [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 1, 2017			July 2, 2016			July 1, 2017			July 2, 2016
Service cost	$	132		$	133		$	265		$	266
Interest cost	333			342			665			684
Expected return on plan assets	(382		)	(371		)	(765		)	(741		)
Amortization of actuarial losses	202			190			405			381
Net periodic pension cost	$	285		$	294		$	570		$	590

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 1, 2017 were as follows:

	(In thousands)
	Three Months Ended			Six Months Ended
	July 1, 2017			July 1, 2017
Amortization of actuarial losses - total before tax (1)	$	(202	)	$	(405	)
Tax benefit	88			151
Net of tax	$	(114	)	$	(254	)

(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.