Interest and Other Expense (Income), Net |
Interest and Other Expense, Net Interest and other expense, net, consisted of the following for the fiscal years ended: | | | | | | | | | | | | | | | | | | | | | January 2, 2022 | | January 3, 2021 | | December 29, 2019 | | | | (In thousands) | Interest income | $ | (2,241) | | | $ | (1,010) | | | $ | (1,495) | | | | Interest expense including costs of bridge financing | 102,128 | | | 49,712 | | | 63,627 | | | | Loss on disposition of businesses and assets, net | — | | | — | | | 2,469 | | | | Change in fair value of financial securities | (10,985) | | | (35) | | | (3,249) | | | | Other components of net periodic pension (credit) cost | (39,767) | | | 18,833 | | | 25,344 | | | | Debt extinguishment costs | — | | | — | | | 32,541 | | | | Other expense, net | 3,357 | | | 4,717 | | | 5,594 | | | | Total interest and other expense, net | $ | 52,492 | | | $ | 72,217 | | | $ | 124,831 | | | |
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