Post-Retirement Health Care (Tables)

12 Months Ended

Jan. 02, 2021

The following table sets forth the activity and reporting location of the benefit obligation and plan assets (in thousands):


	2020		2019
Change in benefit obligation
Benefit obligation at beginning of year	$	21,818	$	19,552
Service cost	777		680
Interest cost	675		795
Benefits paid	(1,204)		(1,607)
Actuarial loss	1,337		2,398
Benefit obligation at end of year	$	23,403	$	21,818
Change in plan assets
Fair value at beginning of year	$	—	$	—
Actual return on assets	—		—
Employer contribution	1,204		1,607
Transferred out	—		—
Benefits paid	(1,204)		(1,607)
Fair value at end of year	$	—	$	—
Funded Status of Plan	$	(23,403)	$	(21,818)

Amounts recognized in the Statement of Financial Position consist of:
Current liabilities	$	1,039	$	1,081
Non-current liabilities	$	22,364	$	20,737

Amounts recognized in Accumulated Other Comprehensive Income (Loss) (before tax) consist of:
Actuarial loss	$	3,701	$	2,384



Change in Accumulated Other Comprehensive Income (before tax):
Amount disclosed at beginning of year	$	2,384	$	(14)
Actuarial loss	1,337		2,398

Amortization of transition amount	(20)		—

Amount disclosed at end of year	$	3,701	$	2,384

Estimated future benefit payments are as follows (in thousands):

Expected contributions are as follows (in thousands):


Fiscal 2021			$	1,039

The discount rate used was as follows: