Pension Benefits (Tables)

6 Months Ended

Jul. 02, 2023

Pension Benefits

Summary of pension costs

	Three Months Ended				Six Months Ended
(Amounts in thousands)	July 2, 2023		July 3, 2022		July 2, 2023		July 3, 2022
Service cost	$	—	$	—	$	—	$	—
Interest cost		1,954		1,384		3,908		2,768
Expected return on plan assets		(2,402)		(3,060)		(4,804)		(6,119)
Amortization of net actuarial loss		234		229		468		458
Administrative fees		650		300		1,300		600
Total net periodic expense (benefit)	$	436	$	(1,147)	$	872	$	(2,293)

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" in the condensed consolidated statements of operations.

Weighted-Average Assumptions Used To Determine Net Cost

	Three Months Ended				Six Months Ended
	July 2, 2023		July 3, 2022		July 2, 2023		July 3, 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	%