Note 7 - Components of Net Periodic Cost (Benefit) Related to Pension and Other Postretirement Benefit Plans

6 Months Ended

Jun. 01, 2019

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

Note

7:

Components of Net Periodic Benefit related to Pension and Other Postretirement Benefit Plans

	Three Months Ended June 1, 2019 and June 2, 2018
													Other
	Pension Benefits												Postretirement
	U.S. Plans						Non-U.S. Plans						Benefits
Net periodic cost (benefit):	2019			2018			2019			2018			2019			2018
Service cost	$	1		$	14		$	562		$	582		$	25		$	43
Interest cost		3,673			3,419			1,189			1,181			388			371
Expected return on assets		(6,326	)		(6,541	)		(2,606	)		(2,811	)		(1,754	)		(1,724	)
Amortization:
Prior service cost (benefit)		3			7			16			(1	)		-			-
Actuarial loss		1,169			1,476			786			732			9			15
Net periodic benefit	$	(1,480	)	$	(1,625	)	$	(53	)	$	(317	)	$	(1,332	)	$	(1,295	)

	Six Months Ended June 1, 2019 and June 2, 2018
													Other
	Pension Benefits												Postretirement
	U.S. Plans						Non-U.S. Plans						Benefits
Net periodic cost (benefit):	2019			2018			2019			2018			2019			2018
Service cost	$	2		$	28		$	1,130		$	1,180		$	49		$	86
Interest cost		7,346			6,837			2,373			2,385			775			742
Expected return on assets		(12,652	)		(13,083	)		(5,193	)		(5,675	)		(3,507	)		(3,448	)
Amortization:
Prior service cost (benefit)		6			14			32			(2	)		-			-
Actuarial loss		2,338			2,952			1,575			1,481			17			30
Net periodic benefit	$	(2,960	)	$	(3,252	)	$	(83	)	$	(631	)	$	(2,666	)	$	(2,590	)