Pension and Postretirement Benefit Obligations (Tables)

6 Months Ended

Jul. 01, 2022

Retirement Benefits [Abstract]

Components of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost

The components of net periodic pension cost were as follows:

	Second Quarter				First Half
(in thousands)	2022		2021		2022		2021
Service cost	$	1,861	$	1,863	$	3,721	$	3,726
Interest cost	2,659		2,455		5,318		4,908
Expected return on plan assets	(2,036)		(3,248)		(4,071)		(6,498)
Recognized net actuarial loss	988		1,216		1,977		2,435
Amortization of prior service cost	—		—		—		1
Net periodic pension cost	$	3,472	$	2,286	$	6,945	$	4,572

The components of net periodic postretirement benefit cost were as follows:

	Second Quarter				First Half
(in thousands)	2022		2021		2022		2021
Service cost	$	384	$	403	$	767	$	806
Interest cost	475		448		949		895
Recognized net actuarial loss	91		185		183		371
Net periodic postretirement benefit cost	$	950	$	1,036	$	1,899	$	2,072