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Note 7 - Pension and Postretirement Benefits (Tables)
6 Months Ended
Jun. 03, 2023
Notes Tables  
Schedule of Net Benefit Costs [Table Text Block]
  

Three Months Ended June 3, 2023 and May 28, 2022

 
                  

Other

 
  

Pension Benefits

  

Postretirement

 
  

U.S. Plans

  

Non-U.S. Plans

  

Benefits

 

Net periodic (benefit) cost:

 

2023

  

2022

  

2023

  

2022

  

2023

  

2022

 

Service cost

 $-  $-  $413  $700  $-  $- 

Interest cost

  3,475   2,368   1,410   736   301   184 

Expected return on assets

  (7,205)  (7,117)  (1,730)  (1,644)  (2,465)  (2,719)

Amortization:

                        

Prior service (benefit) cost

  -   (1)  15   16   -   - 

Actuarial loss (gain)

  635   1,013   491   611   -   (845)

Settlement charge

  -   -   -   3,329   -   - 

Net periodic (benefit) cost

 $(3,095) $(3,737) $599  $3,748  $(2,164) $(3,380)
  

Six Months Ended June 3, 2023 and May 28, 2022

 
                  

Other

 
  

Pension Benefits

  

Postretirement

 
  

U.S. Plans

  

Non-U.S. Plans

  

Benefits

 

Net periodic (benefit) cost:

 

2023

  

2022

  

2023

  

2022

  

2023

  

2022

 

Service cost

 $-  $-  $833  $1,420  $-  $- 

Interest cost

  6,951   4,735   2,846   1,525   602   367 

Expected return on assets

  (14,412)  (14,235)  (3,492)  (3,391)  (4,929)  (5,437)

Amortization:

                        

Prior service (benefit) cost

  -   (2)  30   32   -   - 

Actuarial loss (gain)

  1,271   2,027   990   1,260   -   (1,690)

Settlement charge

  -   -   -   3,329   -   - 

Net periodic (benefit) cost

 $(6,190) $(7,475) $1,207  $4,175  $(4,327) $(6,760)