Pension Benefits (Tables)

9 Months Ended

Oct. 01, 2023

Retirement Benefits [Abstract]

Summary of pension costs

The following summarizes our pension costs during the three and nine months ended October 1, 2023, and October 2, 2022, respectively:

	Three Months Ended				Nine Months Ended
(Amounts in thousands)	October 1, 2023		October 2, 2022		October 1, 2023		October 2, 2022
Service cost	$	—	$	—	$	—	$	—
Interest cost	1,955		1,375		5,863		4,143
Expected return on plan assets	(2,401)		(3,060)		(7,205)		(9,179)
Amortization of net actuarial loss	236		217		704		675
Administrative fees	650		300		1,950		900
Total net periodic expense (benefit)	$	440	$	(1,168)	$	1,312	$	(3,461)

Schedule of weighted average assumptions used to determine benefit obligations and net cost

The components of net periodic pension (benefit) expense were included in "Other (income) expense, net" in the condensed consolidated statements of operations.

Weighted-Average Assumptions Used To Determine Net Cost

	Three Months Ended				Nine Months Ended
	October 1, 2023		October 2, 2022		October 1, 2023		October 2, 2022
Discount rate	4.95	%	2.60	%	4.95	%	2.60	%
Rate of compensation increase	N/A		N/A		N/A		N/A
Expected return on plan assets	5.75	%	5.75	%	5.75	%	5.75	%