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Employee Benefit Plans (Tables)
 12 Months Ended
Dec. 28, 2024
Employee Benefit Plans [Abstract]  
Schedule of Net Funded Status The following table sets forth the plans’ funded status for the Company’s domestic and foreign defined benefit plans and amounts recognized in the Company’s Consolidated Balance Sheets based on the measurement date (December 31, 2024 and December 31, 2023) (in thousands):
    
 December 28,
2024		December 30,
2023
Change in projected benefit obligation:  
Projected benefit obligation at beginning of period$172,354 $167,546 
Plan acquisition82 — 
Service cost3,171 2,714 
Interest cost7,640 7,836 
Employee contributions353 340 
Plan combinations1,715 — 
Actuarial (gain)/loss(4,736)3,662 
Benefits paid(10,068)(9,962)
Effect of settlement(1,614)(1,138)
Other (gain)/loss(3,592)1,356 
Projected benefit obligation at end of period165,305 172,354 
Change in plan assets:  
Fair value of plan assets at beginning of period155,412 147,766 
Actual return on plan assets4,853 13,312 
Employer contributions3,671 4,254 
Employee contributions353 340 
Plan combinations1,747 — 
Benefits paid(10,068)(9,962)
Effect of settlement(1,614)(1,138)
Other gain/(loss)(2,656)840 
Fair value of plan assets at end of period151,698 155,412 
Funded status(13,607)(16,942)
Net amount recognized$(13,607)$(16,942)
Amounts recognized in the consolidated balance
   sheets consist of:		  
Noncurrent assets$5,348 $4,928 
Current liability(1,279)(1,149)
Noncurrent liability(17,676)(20,721)
Net amount recognized$(13,607)$(16,942)
Amounts recognized in accumulated other
   comprehensive loss consist of:		  
Net actuarial loss$16,212 $19,432 
Prior service cost(983)(501)
Net amount recognized  (a)$15,229 $18,931 

(a) Amounts do not include deferred taxes of $3.6 million and $4.5 million at December 28, 2024 and December 30, 2023, respectively.
Schedule of Accumulated and Projected Benefit Obligations
Information for pension plans with accumulated benefit obligations in excess of plan assets is as follows (in thousands):
    
 December 28,
2024		December 30,
2023
Projected benefit obligation$43,258 $110,719 
Accumulated benefit obligation40,661 108,262 
Fair value of plan assets24,412 88,939 
Schedule of Defined Benefit Plans Disclosures
Net pension cost includes the following components (in thousands):
    
 December 28,
2024		December 30,
2023		December 31,
2022
Service cost$3,171 $2,714 $3,149 
Interest cost7,640 7,836 5,231 
Expected return on plan assets(7,228)(7,958)(8,604)
Net amortization and deferral1,390 1,724 2,257 
Settlement(10)(58)(22)
Special termination benefit recognized— — 38 
Net pension cost$4,963 $4,258 $2,049 
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year
Schedule of Assumptions Used
Weighted average assumptions used to determine benefit obligations were:
    
 December 28,
2024		December 30,
2023		December 31,
2022
Discount rate4.84%4.62%4.82%
Rate of compensation increase0.61%0.61%0.55%

Weighted average assumptions used to determine net periodic benefit cost for the employee benefit pension plans were:
        
 December 28,
2024		December 30,
2023		December 31,
2022
Discount rate3.55%4.26%0.68%
Rate of increase in future compensation levels0.57%0.57%0.51%
Expected long-term rate of return on assets5.30%5.72%4.75%
Schedule of Target Allocation of Plan Assets
Fixed Income
35% - 80%
Equities
20% - 65%
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets
The following table presents fair value measurements for the Company’s defined benefit plans’ assets as categorized using the fair value hierarchy under FASB authoritative guidance (in thousands):
TotalQuoted Prices in
Active Markets for
Identical Assets		Significant Other
Observable
Inputs		Significant
Unobservable
Inputs
(In thousands of dollars)Fair Value(Level 1)(Level 2)(Level 3)
Balances as of December 30, 2023    
Fixed Income:    
Long Term$91,921 $91,921 $— $— 
Short Term3,374 3,374 — — 
Equity Securities:    
Domestic equities22,429 22,429 — — 
International equities19,011 19,011 — — 
Insurance contracts18,677 — 16,659 2,018 
Totals$155,412 $136,735 $16,659 $2,018 
Balances as of December 28, 2024    
Fixed Income:    
Long Term$91,016 $91,016 $— $— 
Short Term2,905 2,905 — — 
Equity Securities:    
Domestic equities19,290 19,290 — — 
International equities17,727 17,727 — — 
Insurance contracts20,760 — 18,777 1,983 
Totals$151,698 $130,938 $18,777 $1,983 
Schedule of Expected Benefit Payments
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid (in thousands): 

Year EndingPension Benefits
2025$14,156 
202611,833 
202713,250 
202813,043 
202913,375 
Years 2030 – 203461,865 
Multiemployer plans The following table provides more detail on these significant multiemployer plans (contributions in thousands):
PensionEIN PensionPension Protection Act Zone StatusFIP/RP Status Pending/ContributionsExpiration Date of Collective Bargaining
FundPlan Number20242023Implemented202420232022Agreement
Western Conference of Teamsters Pension Plan91-6145047 / 001GreenGreenNo$1,465 $1,443 $1,516 December 2028 (b)
Central States, Southeast and Southwest Areas Pension Plan (a)36-6044243 / 001GreenGreenYes513 714 899 December 2026 (c)
All other multiemployer plans1,626 1,476 1,035 
Total Company Contributions$3,604 $3,633 $3,450 

(a)     As of its most recent public filing, the Central States, Southeast and Southwest Areas Pension Plan (Central States) was in the critical or red zone. In January 2023, however, the Pension Benefit Guaranty Corporation provided $35.8 billion in Special Financial Assistance (SFA) funds to Central States under the American Rescue Plan Act of 2021. Due to this SFA funding, Central States is projected to now have zone status of green.

(b)     The Company has several processing plants that participate in the Western Conference of Teamsters Pension Plan under collective bargaining agreements that require minimum funding contributions. The agreements have expiration dates through December 31, 2028.

(c)     The Company has several processing plants that participate in the Central States, Southeast and Southwest Areas Pension Plan under collective bargaining agreements that require minimum funding contributions. Certain of these agreements have expired and are being negotiated with others having expiration dates through December 15, 2026.
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets
The fair value measurement of plan assets using significant unobservable inputs (level 3) changed due to the following:
Insurance
(in thousands of dollars)Contracts
Balance as of December 31, 2022$1,743 
Unrealized gains (losses) relating to instruments still held in the reporting period.209 
Purchases, sales, and settlements— 
Exchange rate changes66 
Balance as of December 30, 20232,018 
Unrealized gains (losses) relating to instruments still held in the reporting period.83 
Purchases, sales, and settlements— 
Exchange rate changes(118)
Balance as of December 28, 2024$1,983