XML 30 R16.htm IDEA: XBRL DOCUMENT v3.19.3
Pensions and Other Postretirement Benefits
 9 Months Ended
Sep. 28, 2019
Pensions and Other Postretirement Benefits [Abstract]  
Pensions and Other Postretirement Benefits
Note 9 – 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 third fiscal quarters of 2019 and 2018 for the Company’s defined benefit pension plans:


  
Fiscal quarter ended
September 28, 2019
    
Fiscal quarter ended
September 29, 2018
  
   
U.S. Plans
    
Non-U.S.
Plans
    
U.S. Plans
    
Non-U.S.
Plans
  
                         
Net service cost
  
$
-
    
$
841
    
$
-
    
$
900
  
Interest cost
    
424
      
1,271
      
371
      
1,175
  
Expected return on plan assets
    
-
      
(483
)
    
-
      
(463
)
Amortization of prior service cost
    
36
      
49
      
36
      
52
  
Amortization of losses
    
118
      
1,332
      
159
      
1,520
  
Curtailment and settlement losses
    
-
      
499
      
-
      
441
  
Net periodic benefit cost
  
$
578
    
$
3,509
    
$
566
    
$
3,625
  

The following table shows the components of the net periodic pension cost for the nine fiscal months ended September 28, 2019 and September 29, 2018 for the Company’s defined benefit pension plans:


  
Nine fiscal months ended
September 28, 2019
    
Nine fiscal months ended
September 29, 2018
  
   
U.S. Plans
    
Non-U.S.
Plans
    
U.S. Plans
    
Non-U.S.
Plans
  
                         
Net service cost
  
$
-
    
$
2,538
    
$
-
    
$
2,775
  
Interest cost
    
1,272
      
3,843
      
1,113
      
3,628
  
Expected return on plan assets
    
-
      
(1,462
)
    
-
      
(1,430
)
Amortization of prior service cost
    
108
      
150
      
108
      
161
  
Amortization of losses
    
354
      
4,035
      
477
      
4,690
  
Curtailment and settlement losses
    
-
      
1,504
      
-
      
1,358
  
Net periodic benefit cost
  
$
1,734
    
$
10,608
    
$
1,698
    
$
11,182
  


Other Postretirement Benefits

The following table shows the components of the net periodic benefit cost for the third fiscal quarters of 2019 and 2018 for the Company’s other postretirement benefit plans:


  
Fiscal quarter ended
September 28, 2019
    
Fiscal quarter ended
September 29, 2018
  
   
U.S. Plans
    
Non-U.S.
Plans
    
U.S. Plans
    
Non-U.S.
Plans
  
                         
Service cost
  
$
36
    
$
71
    
$
35
    
$
71
  
Interest cost
    
77
      
30
      
69
      
28
  
Amortization of prior service (credit)
    
-
      
-
      
(37
)
    
-
  
Amortization of losses (gains)
    
(32
)
    
27
      
(10
)
    
26
  
Net periodic benefit cost
  
$
81
    
$
128
    
$
57
    
$
125
  

The following table shows the components of the net periodic pension cost for the nine fiscal months ended September 28, 2019 and September 29, 2018 for the Company’s other postretirement benefit plans:


  
Nine fiscal months ended
September 28, 2019
    
Nine fiscal months ended
September 29, 2018
  
   
U.S. Plans
    
Non-U.S.
Plans
    
U.S. Plans
    
Non-U.S.
Plans
  
                         
Service cost
  
$
106
    
$
215
    
$
103
    
$
219
  
Interest cost
    
232
      
90
      
205
      
86
  
Amortization of prior service (credit)
    
-
      
-
      
(111
)
    
-
  
Amortization of losses (gains)
    
(96
)
    
81
      
(29
)
    
80
  
Net periodic benefit cost
  
$
242
    
$
386
    
$
168
    
$
385