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Pensions and Other Postretirement Benefits
 3 Months Ended
Apr. 01, 2017
Pensions and Other Postretirement Benefits [Abstract]  
Pensions and Other Postretirement Benefits
Note 7 – Pensions and Other Postretirement Benefits

The Company maintains various retirement benefit plans.

Defined Benefit Pension Plans

The following table shows the components of the net periodic pension cost for the first fiscal quarters of 2017 and 2016 for the Company's defined benefit pension plans:

  
Fiscal quarter ended
April 1, 2017
  
Fiscal quarter ended
April 2, 2016
 
  
U.S. Plans
  
Non-U.S. Plans
  
U.S. Plans
  
Non-U.S. Plans
 
             
Net service cost
 
$
-
  
$
903
  
$
-
  
$
774
 
Interest cost
  
410
   
1,167
   
3,000
   
1,353
 
Expected return on plan assets
  
-
   
(506
)
  
(2,825
)
  
(534
)
Amortization of prior service cost
  
36
   
18
   
36
   
12
 
Amortization of losses
  
82
   
1,478
   
1,650
   
1,171
 
Curtailment and settlement losses
  
-
   
322
   
-
   
195
 
Net periodic benefit cost
 
$
528
  
$
3,382
  
$
1,861
  
$
2,971
 

Net periodic benefit cost in 2017 was significantly impacted by the termination and settlement of the Company's qualified U.S. pension plan in December 2016.  The settlement resulted in the immediate recognition of previously unrecognized actuarial items related to the plan in 2016 that were recorded in accumulated other comprehensive income and were being amortized into net periodic pension cost.

The Company contributed $4,409 to the Company's Taiwanese pension plans to improve the funded status of those plans in 2017.

Other Postretirement Benefits

The following table shows the components of the net periodic benefit cost for the first fiscal quarters of 2017 and 2016 for the Company's other postretirement benefit plans:

  
Fiscal quarter ended
April 1, 2017
  
Fiscal quarter ended
April 2, 2016
 
  
U.S. Plans
  
Non-U.S. Plans
  
U.S. Plans
  
Non-U.S. Plans
 
             
Service cost
 
$
33
  
$
64
  
$
31
  
$
67
 
Interest cost
  
77
   
24
   
85
   
36
 
Amortization of prior service (credit)
  
(209
)
  
-
   
(209
)
  
-
 
Amortization of losses (gains)
  
(23
)
  
14
   
(8
)
  
17
 
Net periodic benefit cost
 
$
(122
)
 
$
102
  
$
(101
)
 
$
120