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Pension and Postretirement Benefit Obligations (Tables)
6 Months Ended
Jul. 01, 2018
Compensation And Retirement Disclosure [Abstract]  
Components of Net Periodic Pension Cost

The components of net periodic pension cost were as follows:

 

 

 

Second Quarter

 

 

First Half

 

(in thousands)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Service cost

 

$

1,413

 

 

$

150

 

 

$

2,825

 

 

$

300

 

Interest cost

 

 

2,856

 

 

 

2,979

 

 

 

5,712

 

 

 

5,958

 

Expected return on plan assets

 

 

(3,852

)

 

 

(3,399

)

 

 

(7,704

)

 

 

(6,798

)

Recognized net actuarial loss

 

 

933

 

 

 

807

 

 

 

1,866

 

 

 

1,614

 

Amortization of prior service cost

 

 

6

 

 

 

7

 

 

 

12

 

 

 

14

 

Net periodic pension cost

 

$

1,356

 

 

$

544

 

 

$

2,711

 

 

$

1,088

 

 

Components of Net Periodic Postretirement Benefit Cost

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

 

 

 

Second Quarter

 

 

First Half

 

(in thousands)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Service cost

 

$

503

 

 

$

572

 

 

$

1,005

 

 

$

1,144

 

Interest cost

 

 

696

 

 

 

911

 

 

 

1,392

 

 

 

1,822

 

Recognized net actuarial loss

 

 

499

 

 

 

648

 

 

 

998

 

 

 

1,296

 

Amortization of prior service cost

 

 

(462

)

 

 

(746

)

 

 

(924

)

 

 

(1,492

)

Net periodic postretirement benefit cost

 

$

1,236

 

 

$

1,385

 

 

$

2,471

 

 

$

2,770