Employee Benefit Plans

9 Months Ended

Sep. 30, 2017

Retirement Benefits [Abstract]

Employee Benefit Plans

Employee Benefit Plans

The components of net periodic pension expense were as follows:

	(In thousands)						(In thousands)
	Three Months Ended						Nine Months Ended
	September 30, 2017			October 1, 2016			September 30, 2017			October 1, 2016
Service cost	$	133		$	133		$	398		$	399
Interest cost	332			341			997			1,025
Expected return on plan assets	(382		)	(370		)	(1,147		)	(1,111		)
Amortization of actuarial losses	202			191			607			572
Net periodic pension cost	$	285		$	295		$	855		$	885

The components of the reclassifications of net actuarial losses from accumulated other comprehensive loss to net income for the three and nine months ended September 30, 2017 were as follows:

	(In thousands)
	Three Months Ended			Nine Months Ended
	September 30, 2017			September 30, 2017
Amortization of actuarial losses - total before tax (1)	$	(202	)	$	(607	)
Tax benefit	74			225
Net of tax	$	(128	)	$	(382	)

(1) The amortization expense is included in the computation of periodic pension cost and is a decrease to net income upon reclassification from accumulated other comprehensive loss.