Pension Benefits

9 Months Ended

Oct. 03, 2021

Pension Benefits

Pension Benefits

8.  Pension Benefits

We froze our pension plan effective March 31, 2006, and effective February 16, 2009, the remaining participants in the pension plan no longer earned future benefits. The following summarizes our pension costs during the three and nine months ended October 3, 2021, and September 30, 2020:

	Three Months Ended				Nine Months Ended
(Amounts in thousands)	October 3, 2021		September 30, 2020		October 3, 2021		September 30, 2020
Service cost	$	275	$	325	$	825	$	975
Interest cost		1,284		1,593		3,834		4,838
Expected return on plan assets		(3,067)		(3,280)		(9,205)		(9,838)
Amortization of net actuarial loss		361		235		1,041		750
Total net periodic benefit	$	(1,147)	$	(1,127)	$	(3,505)	$	(3,275)

The components of net periodic pension benefit other than the service cost component were included in "Other net periodic pension benefit" in the condensed consolidated statements of operations.

Weighted-Average Assumptions Used To Determine Net Cost

	Three Months Ended			Nine Months Ended
	October 3, 2021		September 30, 2020	October 3, 2021		September 30, 2020
Discount rate	2.20	%	3.00	2.20	%	3.00	%
Rate of compensation increase	N/A		N/A	N/A		N/A
Expected return on plan assets	5.75	%	6.50	5.75	%	6.50	%

Employer Contributions

We did not make any pension contributions during the nine month period ended October 3, 2021. During the nine months ended September 30, 2020, we made pension contributions of $1.5 million.