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Pensions and Other Postretirement Benefits
6 Months Ended
Jun. 29, 2019
Pensions and Other Postretirement Benefits [Abstract]  
Pensions and Other Postretirement Benefits
Note 8 – 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 second fiscal quarters of 2019 and 2018 for the Company’s defined benefit pension plans:


 
Fiscal quarter ended
June 29, 2019
   
Fiscal quarter ended
June 30, 2018
 
   
U.S. Plans
   
Non-U.S.
Plans
   
U.S. Plans
   
Non-U.S.
Plans
 
                         
Net service cost
 
$
-
   
$
845
   
$
-
   
$
927
 
Interest cost
   
424
     
1,281
     
371
     
1,211
 
Expected return on plan assets
   
-
     
(489
)
   
-
     
(479
)
Amortization of prior service cost
   
36
     
50
     
36
     
54
 
Amortization of losses
   
118
     
1,344
     
159
     
1,566
 
Curtailment and settlement losses
   
-
     
500
     
-
     
455
 
Net periodic benefit cost
 
$
578
   
$
3,531
   
$
566
   
$
3,734
 

The following table shows the components of the net periodic pension cost for the six fiscal months ended June 29, 2019 and June 30, 2018 for the Company’s defined benefit pension plans:


 
Six fiscal months ended
June 29, 2019
   
Six fiscal months ended
June 30, 2018
 
   
U.S. Plans
   
Non-U.S.
Plans
   
U.S. Plans
   
Non-U.S.
Plans
 
                         
Net service cost
 
$
-
   
$
1,697
   
$
-
   
$
1,875
 
Interest cost
   
848
     
2,572
     
742
     
2,453
 
Expected return on plan assets
   
-
     
(979
)
   
-
     
(967
)
Amortization of prior service cost
   
72
     
101
     
72
     
109
 
Amortization of losses
   
236
     
2,703
     
318
     
3,170
 
Curtailment and settlement losses
   
-
     
1,005
     
-
     
917
 
Net periodic benefit cost
 
$
1,156
   
$
7,099
   
$
1,132
   
$
7,557
 


Other Postretirement Benefits

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


 
Fiscal quarter ended
June 29, 2019
   
Fiscal quarter ended
June 30, 2018
 
   
U.S. Plans
   
Non-U.S.
Plans
   
U.S. Plans
   
Non-U.S.
Plans
 
                         
Service cost
 
$
35
   
$
72
   
$
34
   
$
73
 
Interest cost
   
78
     
30
     
68
     
28
 
Amortization of prior service (credit)
   
-
     
-
     
(37
)
   
-
 
Amortization of losses (gains)
   
(32
)
   
27
     
(9
)
   
27
 
Net periodic benefit cost
 
$
81
   
$
129
   
$
56
   
$
128
 

The following table shows the components of the net periodic pension cost for the six fiscal months ended June 29, 2019 and June 30, 2018 for the Company’s other postretirement benefit plans:


 
Six fiscal months ended
June 29, 2019
   
Six fiscal months ended
June 30, 2018
 
   
U.S. Plans
   
Non-U.S.
Plans
   
U.S. Plans
   
Non-U.S.
Plans
 
                         
Service cost
 
$
70
   
$
144
   
$
68
   
$
148
 
Interest cost
   
155
     
60
     
136
     
58
 
Amortization of prior service (credit)
   
-
     
-
     
(74
)
   
-
 
Amortization of losses (gains)
   
(64
)
   
54
     
(19
)
   
54
 
Net periodic benefit cost
 
$
161
   
$
258
   
$
111
   
$
260