Employee Retirement Plans

9 Months Ended

Sep. 30, 2023

Employee Retirement Plans [Abstract]

Employee Retirement Plans

Employee Retirement Plans

The following table summarizes the company's net periodic pension benefit related to the AGA Group pension plans (in thousands):

	Three Months Ended				Nine Months Ended
	Sep 30, 2023		Oct 1, 2022		Sep 30, 2023		Oct 1, 2022
Net Periodic Pension Benefit:
Interest cost	11,606		5,881		$	34,220	$	18,867
Expected return on assets	(14,816)		(17,505)		(43,687)		(56,155)
Amortization of net loss	7		847		21		2,716
Amortization of prior service cost	657		611		1,939		1,960
	$	(2,546)	$	(10,166)	$	(7,507)	$	(32,612)

The pension costs for all other plans of the company were not material during the period. The service cost component is recognized within Selling, general and administrative expenses and the non-operating components of pension benefit are included within Net periodic pension benefit (other than service cost) in the Condensed Consolidated Statements of Comprehensive Income.