Note 6 - Employee Benefit Plans

9 Months Ended

Oct. 01, 2017

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

NOTE

6

– EMPLOYEE BENEFIT PLANS

The following tables provide the components of net periodic benefit cost for the

three

-month

and

nine

-month periods ended

October 1, 2017,

and

October 2, 2016,

respectively:

	Three Months Ended						Nine Months Ended
Defined Benefit Retirement Plan s (Europe)	Oct. 1 , 201 7			Oct. 2, 2016			Oct. 1 , 201 7			Oct. 2, 2016
	(In thousands)						(In thousands)
Service cost	$	423		$	260		$	1,204		$	781
Interest cost		1,426			1,610			4,138			5,058
Expected return on assets		(1,697	)		(1,876	)		(4,920	)		(5,880	)
Amortization of prior service costs		9			9			26			27
Recognized net actuarial losses		318			169			930			537
Net periodic benefit cost	$	479		$	172		$	1,378		$	523

	Three Months Ended				Nine Months Ended
Salary Continuation Plan (SCP)	Oct. 1, 2017		Oct. 2, 2016		Oct. 1, 2017		Oct. 2, 2016
	(In thousands)				(In thousands)
Service cost	$	0	$	110	$	0	$	330
Interest cost		314		317		942		952
Amortization of loss		91		203		273		608
Net periodic benefit cost	$	405	$	630	$	1,215	$	1,890