XML 43 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Employee Benefit Plans (Tables)
9 Months Ended
Sep. 30, 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
 
Nine Months Ended
 
 
September 30,
2017
 
October 1,
2016
 
September 30,
2017
 
October 1,
2016
Service cost
 
$
133

 
$
133

 
$
398

 
$
399

Interest cost
 
332

 
341

 
997

 
1,025

Expected return on plan assets
 
(382
)
 
(370
)
 
(1,147
)
 
(1,111
)
Amortization of actuarial losses
 
202

 
191

 
607

 
572

Net periodic pension cost
 
$
285

 
$
295

 
$
855

 
$
885

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 nine months ended September 30, 2017 were as follows:
 
 
(In thousands)
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
2017
 
September 30,
2017
Amortization of actuarial losses - total before tax (1)
 
$
(202
)
 
$
(607
)
Tax benefit
 
74

 
225

Net of tax
 
$
(128
)
 
$
(382
)
(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.