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Pension and retirement plans (Tables)
9 Months Ended
Mar. 30, 2024
Pension and retirement plan  
Components of net periodic pension costs

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Third Quarters Ended

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Nine Months Ended

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March 30,

    

April 1,

  

March 30,

    

April 1,

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2024

   

2023

  

2024

   

2023

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(Thousands)

Service cost within selling, general and administrative expenses

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$

2,563

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$

3,003

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$

7,689

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$

9,011

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Interest cost

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6,145

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6,682

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18,434

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20,047

Expected return on plan assets

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(9,986)

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(12,215)

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(29,956)

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(36,645)

Amortization of prior service cost

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1

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1

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3

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3

Recognized net actuarial loss

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56

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617

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167

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1,852

Total net periodic pension benefit within other (expense) income, net

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(3,784)

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(4,915)

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(11,352)

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(14,743)

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Net periodic pension benefit

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$

(1,221)

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$

(1,912)

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$

(3,663)

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$

(5,732)

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