XML 40 R30.htm IDEA: XBRL DOCUMENT v3.19.1
Employee Benefit Plans (Tables)
3 Months Ended
Mar. 30, 2019
Retirement Benefits [Abstract]  
Components of Net Periodic Pension Cost
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

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 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.