Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 28, 2025

Equity [Abstract]

Summary of Accumulated Other Comprehensive (Loss)

Following is a summary of AOCI(L) for the first quarter of 2025 and the first quarter of 2024:

(in thousands)	December 31, 2024		Pre-tax Activity		Tax Effect		March 28, 2025
Net pension activity:
Actuarial gain	$	4,418	$	(9)	$	3	$	4,412
Prior service costs	(85)		4		(1)		(82)
Net postretirement benefits activity:
Actuarial gain	2,960		—		—		2,960
Prior service costs	(624)		—		—		(624)
Unrealized gain on short-term investments	25		(14)		3		14
Reclassification of stranded tax effects	(4,809)		—		—		(4,809)
Total AOCI(L)	$	1,885	$	(19)	$	5	$	1,871

(in thousands)	December 31, 2023		Pre-tax Activity		Tax Effect		March 29, 2024
Net pension activity:
Actuarial gain	$	533	$	—	$	—	$	533
Prior service costs	(97)		4		(1)		(94)
Net postretirement benefits activity:
Actuarial gain	721		26		(6)		741
Prior service costs	(624)		—		—		(624)
Unrealized loss on short-term investments	—		(232)		56		(176)
Reclassification of stranded tax effects	(4,809)		—		—		(4,809)
Total AOCI(L)	$	(4,276)	$	(202)	$	49	$	(4,429)