Pension Plans

6 Months Ended

Jun. 30, 2023

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 Plan				SERP
	June 30, 2023		July 1, 2022		June 30, 2023		July 1, 2022
In thousands
Service cost	$	1,441	$	882	$	—	$	—
Interest cost on projected benefit obligation	7,342		4,349		44		22
Expected return on plan assets	(9,597)		(10,564)		—		—
Amortization of net loss	1,972		1,154		—		15
Net pension cost (income)	$	1,158	$	(4,179)	$	44	$	37

	For the Six Months Ended
	Qualified Pension Plan				SERP
	June 30, 2023		July 1, 2022		June 30, 2023		July 1, 2022
In thousands
Service cost	$	2,891	$	1,682	$	—	$	—
Interest cost on projected benefit obligation	14,592		8,599		88		44
Expected return on plan assets	(19,147)		(21,089)		—		—
Amortization of net loss	3,847		2,129		—		30
Net pension cost (income)	$	2,183	$	(8,679)	$	88	$	74

No contributions have been or are expected to be made to the qualified pension plan during 2023. The Company contributed $0.3 million to the SERP through the end of the second quarter of 2023 and plans to contribute an additional $0.2 million to the SERP in 2023. No contributions were made to the qualified pension plan during 2022. For the 2022 plan year, the Company contributed $0.5 million to the SERP.