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Pension Plans
6 Months Ended
Jul. 01, 2022
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
Compensation and Employee Benefit Plans PENSION PLANS
Components of net pension cost for the Qualified Pension Plan and Supplemental Employees’ Retirement Plan ("SERP") were as follows:
 For the Three Months Ended
 Qualified Pension PlanSERP
 July 1,
2022
July 2,
2021
July 1,
2022
July 2,
2021
In thousands    
Service cost(1)
$882 $(649)$— $— 
Interest cost on projected benefit obligation4,349 3,558 22 14 
Expected return on plan assets(10,564)(11,314)— — 
Amortization of net loss1,154 1,147 15 18 
Net pension (income) cost$(4,179)$(7,258)$37 $32 
(1) In the second quarter of 2021, the Company elected to use the alternative method to calculate the Pension Benefit Guaranty Corporation premium. The change resulted in a $3.9 million decrease to the 2021 premium, which is included in the service cost. Due to this election and the reduction of the premium, the Company reversed $1.0 million of service cost in the three-month fiscal period ended July 2, 2021, which was previously incurred in the first quarter of 2021.
14. PENSION PLANS (CONTINUED)

 For the Six Months Ended
 Qualified Pension PlanSERP
 July 1,
2022
July 2,
2021
July 1,
2022
July 2,
2021
In thousands    
Service cost$1,682 $651 $— $— 
Interest cost on projected benefit obligation8,599 7,083 44 29 
Expected return on plan assets(21,089)(22,589)— — 
Amortization of net loss2,129 2,222 30 35 
Net pension (income) cost$(8,679)$(12,633)$74 $64 
No contributions are expected to be made to the qualified pension plan during 2022. The Company contributed $0.3 million to the SERP through the end of the second quarter of 2022 and plans to contribute an additional $0.2 million to the SERP in 2022. For the 2021 plan year, the Company contributed $10.0 million to the qualified pension plan and $2.7 million to the SERP.