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BENEFIT PLANS
6 Months Ended
Aug. 17, 2024
BENEFIT PLANS  
BENEFIT PLANS

3.

BENEFIT PLANS

​

The following table provides the components of net periodic benefit cost (benefit) for the company-sponsored defined benefit pension plans and other postretirement benefit plans for the second quarters of 2024 and 2023:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Second Quarter Ended

 

​

​

Pension Benefits

​

Other Benefits

 

​

​

August 17,

​

August 12,

​

August 17,

​

August 12,

 

​

    

2024

    

2023

    

2024

    

2023

 

Components of net periodic benefit cost (benefit): 

​

​

​

​

​

​

​

​

​

​

​

​

​

Service cost 

 

$

1

 

$

3

 

$

1

 

$

1

​

Interest cost 

​

 

30

​

 

29

​

 

2

​

 

2

​

Expected return on plan assets 

​

 

(34)

​

 

(35)

​

 

—

​

 

—

​

Amortization of: 

​

​

​

​

​

​

​

​

​

​

​

​

​

Prior service cost 

​

 

—

​

 

—

​

 

(1)

​

 

(3)

​

Actuarial loss (gain)

​

 

2

​

 

2

​

 

(2)

​

 

(3)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Net periodic benefit cost (benefit)

 

$

(1)

 

$

(1)

 

$

—

 

$

(3)

​

​

The following table provides the components of net periodic benefit cost (benefit) for the company-sponsored defined benefit pension plans and other post-retirement benefit plans for the first two quarters of 2024 and 2023:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Two Quarters Ended

 

​

​

Pension Benefits

​

Other Benefits

 

​

​

August 17,

​

August 12,

​

August 17,

​

August 12,

 

​

    

2024

    

2023

    

2024

    

2023

 

Components of net periodic benefit cost (benefit): 

​

​

​

​

​

​

​

​

​

​

​

​

​

Service cost 

 

$

3

 

$

9

 

$

2

 

$

2

​

Interest cost 

​

 

71

​

 

69

​

 

5

​

 

3

​

Expected return on plan assets 

​

 

(79)

​

 

(80)

​

 

—

​

 

—

​

Amortization of: 

​

​

​

​

​

0

​

​

​

​

​

0

​

Prior service cost 

​

 

—

​

 

—

​

 

(2)

​

 

(6)

​

Actuarial loss (gain)

​

 

5

​

 

4

​

 

(6)

​

 

(7)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Net periodic benefit cost (benefit)

 

$

—

 

$

2

 

$

(1)

 

$

(8)

​

​

The Company is not required to make any contributions to its company-sponsored pension plans in 2024 but may make contributions to the extent such contributions are beneficial to the Company. The Company did not make any significant contributions to its company-sponsored pension plans in the first two quarters of 2024 or 2023.

​

The Company contributed $177 and $179 to employee 401(k) retirement savings accounts in the first two quarters of 2024 and 2023, respectively.

​