Benefit Plans

6 Months Ended

Jun. 29, 2024

Retirement Benefits [Abstract]

Benefit Plans

Benefit Plans

The Company sponsors several qualified and nonqualified pension plans and other postretirement benefit plans for certain of its employees.  The components of net periodic benefit cost (income) are as follows:

	For the Quarter Ended				For the Six Months Ended
(In thousands)	June 29, 2024		July 1, 2023		June 29, 2024		July 1, 2023
Pension benefits:
Interest cost	$	582	$	595	$	1,163	$	1,189
Expected return on plan assets	(604)		(842)		(1,208)		(1,683)
Amortization of net loss	33		—		66		—
Net periodic benefit cost (income)	$	11	$	(247)	$	21	$	(494)
Other benefits:
Service cost	$	55	$	50	$	109	$	101
Interest cost	130		128		261		256
Amortization of prior service cost (credit)	—		—		(1)		(1)
Amortization of net gain	(100)		(99)		(197)		(196)
Net periodic benefit cost	$	85	$	79	$	172	$	160

The components of net periodic benefit cost (income) other than the service cost component are included in other income, net in the Condensed Consolidated Statements of Income.