Employee Benefit Plans

6 Months Ended

Jun. 30, 2018

Retirement Benefits [Abstract]

Employee Benefit Plans

Employee Benefit Plans

The components of net periodic pension expense were as follows:

	(In thousands)						(In thousands)
	Three Months Ended						Six Months Ended
	June 30, 2018			July 1, 2017			June 30, 2018			July 1, 2017
Service cost	$	150		$	132		$	300		$	265
Interest cost	317			333			634			665
Expected return on plan assets	(446		)	(382		)	(892		)	(765		)
Amortization of actuarial losses	186			202			372			405
Net periodic pension cost	$	207		$	285		$	414		$	570

The components of the reclassifications of net actuarial losses from accumulated other comprehensive loss to net income for the three and six months ended June 30, 2018 were as follows:

	(In thousands)
	Three Months Ended			Six Months Ended
	June 30, 2018			June 30, 2018
Amortization of actuarial losses - total before tax (1)	$	186		$	372
Tax benefit	(44		)	(89		)
Net of tax	$	142		$	283

(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.