Employee Benefit Plans

3 Months Ended

Mar. 30, 2019

Retirement Benefits [Abstract]

Employee Benefit Plans

Employee Benefit Plans

The components of net periodic pension expense were as follows:

	(In thousands)
	Three Months Ended
	March 30, 2019			March 31, 2018
Service cost	$	126		$	150
Interest cost	347			317
Expected return on plan assets	(411		)	(446		)
Amortization of actuarial losses	221			186
Net periodic pension cost	$	283		$	207

The components of the reclassifications of net actuarial losses from accumulated other comprehensive loss to net income for the three months ended March 30, 2019 were as follows:

	(In thousands)
	Three Months Ended
	March 30, 2019
Amortization of actuarial losses - total before tax (1)	$	221
Tax benefit	(51		)
Net of tax	$	170

(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.