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Pension and Postretirement Benefit Obligations (Tables)
9 Months Ended
Sep. 29, 2019
Compensation And Retirement Disclosure [Abstract]  
Components of Net Periodic Pension Cost

The components of net periodic pension cost were as follows:

 

 

 

Third Quarter

 

 

First Nine Months

 

(in thousands)

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Service cost

 

$

1,207

 

 

$

1,412

 

 

$

3,620

 

 

$

4,237

 

Interest cost

 

 

3,063

 

 

 

2,856

 

 

 

9,188

 

 

 

8,568

 

Expected return on plan assets

 

 

(2,574

)

 

 

(3,853

)

 

 

(7,722

)

 

 

(11,557

)

Recognized net actuarial loss

 

 

901

 

 

 

934

 

 

 

2,702

 

 

 

2,800

 

Amortization of prior service cost

 

 

5

 

 

 

6

 

 

 

17

 

 

 

18

 

Net periodic pension cost

 

$

2,602

 

 

$

1,355

 

 

$

7,805

 

 

$

4,066

 

 

Components of Net Periodic Postretirement Benefit Cost

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

 

 

 

Third Quarter

 

 

First Nine Months

 

(in thousands)

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Service cost

 

$

389

 

 

$

502

 

 

$

1,167

 

 

$

1,507

 

Interest cost

 

 

694

 

 

 

696

 

 

 

2,080

 

 

 

2,088

 

Recognized net actuarial loss

 

 

196

 

 

 

499

 

 

 

587

 

 

 

1,497

 

Amortization of prior service cost

 

 

(324

)

 

 

(462

)

 

 

(970

)

 

 

(1,386

)

Net periodic postretirement benefit cost

 

$

955

 

 

$

1,235

 

 

$

2,864

 

 

$

3,706