9. Pension plan

The Company has a noncontributory defined benefit pension plan that covers substantially all U.S. employees and an acquired closed noncontributory defined benefit pension plan covering certain current or former Premier Farnell U.S. employees (the “Plans”). Components of net periodic pension cost from continuing operations for the Plans were as follows, which reflect the adoption of ASU 2017-07 as discussed further in Note 1:


	Second Quarters Ended				Six Months Ended
	December 29,		December 30,		December 29,		December 30,
	2018		2017		2018		2017
	(Thousands)
Service cost	$	3,734	$	3,867	$	7,468	$	7,735
Total net periodic pension cost within selling, general and administrative expenses		3,734		3,867		7,468		7,735

Interest cost		6,614		5,783		13,228		11,566
Expected return on plan assets		(13,301)		(13,757)		(26,602)		(27,514)
Amortization of prior service credits		(393)		(393)		(786)		(786)
Recognized net actuarial loss		2,535		3,746		5,070		7,492
Total net periodic pension benefit within other income, net		(4,545)		(4,621)		(9,090)		(9,242)

Net periodic pension benefit	$	(811)	$	(754)	$	(1,622)	$	(1,507)

In connection with the adoption of ASU No. 2017-07, the Company now classifies service cost as a component of selling, general and administrative expenses and other components of net periodic pension costs within other income, net. The Company contributed $8.0 million to the Plans during the first six months of fiscal 2019 and expects to make an additional contribution to the Plans of $8.0 million in the remainder of fiscal 2019.

Amounts reclassified out of accumulated other comprehensive income, net of tax, to other income, net during the second quarters and first six months of fiscal 2019 and fiscal 2018 were not material and substantially all related to net periodic pension costs including recognition of actuarial losses and amortization of prior service credits.

In connection with the sale of the TS business, a significant number of former employees became terminated vested employees under the Plan. During fiscal 2018, the aggregate amount of former employee withdrawals from the Plan exceeded the pension accounting settlement threshold for fiscal 2018, which required a settlement expense under ASC 715 pension accounting. As a result, the Company recorded a pension settlement expense of $14.0 million in the second quarter of fiscal 2018, which was classified as a component of loss from discontinued operations.