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Employee Benefit and Pension Plans (Tables)
 12 Months Ended
Dec. 25, 2021
Retirement Benefits [Abstract]  
Schedule of Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan
The following table sets forth the changes in benefits obligations and the fair value of plan assets of the Company's benefit plans (in thousands):
December 25, 2021December 26, 2020
Benefit obligation at beginning of year$129,936 $113,234 
Service cost351 896 
Interest cost1,265 1,773 
Benefits paid(3,413)(3,103)
Curtailment— (258)
Actuarial loss (gain)(3,050)6,243 
Employee contributions190 986 
Foreign currency exchange rate changes(9,508)10,165 
Benefit obligation at end of year(1)
$115,771 $129,936 
Fair value of plan assets at beginning of year$77,561 $69,777 
Actual return on plan assets12,425 447 
Payments(3,206)— 
Employee contributions289 1,305 
Foreign currency exchange rate changes(5,454)6,032 
Fair value of plan assets at end of year$81,615 $77,561 
Net liability recognized$34,156 $52,375 
(1)    The Company's accumulated benefit obligation was $115.1 million and $128.9 million at December 25, 2021 and December 26, 2020, respectively.
Schedule of Amounts Recognized in Balance Sheet
The following table presents net amounts of non-current assets and current and non-current liabilities for the Company's pension and other post-retirement benefit plans recognized on its consolidated balance sheet (in thousands):
December 25, 2021December 26, 2020
Other non-current assets$81,615 $77,561 
Other long-term liabilities(115,771)(129,936)
Net liability recognized$(34,156)$(52,375)
Schedule of Net Benefit Costs
Net periodic benefit cost for the Company's pension and other post-retirement benefit plans consisted of the following (in thousands):
Years ended
December 25, 2021December 26, 2020December 28, 2019
Service cost$351 $896 $2,061 
Interest cost1,265 1,773 2,075 
Expected return on plan assets(2,895)(2,644)(2,371)
Amortization of net actuarial loss3,383 1,884 1,638 
Total net periodic benefit cost$2,104 $1,909 $3,403 
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)
The following table sets forth the changes in accumulated other comprehensive income for the Company's benefit plans (pre-tax) (in thousands):
December 25, 2021December 26, 2020
Beginning balance $(11,666)$(5,367)
Net actuarial gain (loss) arising in current year12,580 (8,183)
Amortization of net actuarial loss(1)
3,383 1,884 
Ending balance$4,297 $(11,666)
(1)    The actuarial loss for the fiscal year ended December 25, 2021 was caused primarily by the change in the discount rate. Amounts in accumulated other comprehensive income expected to be recognized as components of net periodic pension cost during 2022 is $0.4 million (pre-tax).
Schedule of Assumptions Used
Certain weighted-average assumptions used in computing the benefit obligations are as follows:
December 25, 2021December 26, 2020
Discount rate1.20 %1.05 %
Salary growth rate2.25 %2.25 %
Pension growth rate2.00 %2.00 %
Expected long-term rate of return on plan assets3.93 %3.93 %
Schedule of Allocation of Plan Assets
The following tables present the fair value of plan assets for pension and other benefit plans by major asset category (in thousands):
 As of December 25, 2021December 26, 2020
 Fair Value Measured UsingFair Value Measured Using
 Level 1Level 2TotalLevel 1Level 2Total
Cash $738 $— $738 $1,060 $— $1,060 
Equity fund— 55,400 55,400 — 48,942 48,942 
Insurance contracts— 25,388 25,388 — 27,394 27,394 
Pension fund— 89 89 — 165 165 
Total plan assets at fair value$738 $80,877 $81,615 $1,060 $76,501 $77,561 
Schedule of Expected Benefit Payments
Estimated future benefit payments under the Company's pension plans as of December 25, 2021 are as follows (in thousands):
2022$5,251 
20233,670 
20243,943 
20255,606 
20263,932 
2027 to 203121,329