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Pension and retirement plans (Tables)
6 Months Ended
Jan. 01, 2022
Pension and retirement plan  
Components of net periodic pension costs

Second Quarters Ended

Six Months Ended

  

January 1,

    

January 2,

  

January 1,

    

January 2,

2022

   

2021

  

2022

   

2021

(Thousands)

Service cost

$

3,751

$

3,937

$

7,503

$

7,875

Total net periodic pension cost within selling, general and administrative expenses

3,751

3,937

7,503

7,875

Interest cost

 

3,947

 

3,976

 

7,894

 

7,952

Expected return on plan assets

 

(12,284)

 

(12,420)

 

(24,568)

 

(24,840)

Amortization of prior service cost

 

1

 

76

 

2

 

151

Recognized net actuarial loss

 

4,086

 

5,151

 

8,172

 

10,302

Total net periodic pension benefit within other expense, net

(4,250)

(3,217)

(8,500)

(6,435)

Net periodic pension (benefit) cost

$

(499)

$

720

$

(997)

$

1,440