Employee Benefit Plans (Tables)

6 Months Ended

Jun. 27, 2020

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
	June 27, 2020		June 29, 2019		June 27, 2020		June 29, 2019
Service cost	$	156	$	126	$	311	$	251
Interest cost	303		347		605		694
Expected return on plan assets	(441)		(411)		(881)		(822)
Amortization of actuarial losses	247		221		496		443
Net periodic pension cost	$	265	$	283	$	531	$	566

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 June 27, 2020 were as follows:

	(In thousands)
	Three Months Ended		Six Months Ended
	June 27, 2020		June 27, 2020
Amortization of actuarial losses - total before tax (1)	$	247	$	496
Tax benefit	(59)		(118)
Net of tax	$	188	$	378

(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.