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Employee Benefit Plans
9 Months Ended
Oct. 02, 2022
Retirement Benefits [Abstract]  
Employee Benefit Plans EMPLOYEE BENEFIT PLANS
During the three and nine months ended October 2, 2022, the Company recorded multi-employer pension expense related to multi-employer contributions of $0.5 million and $1.8 million, respectively. During the three and nine months ended October 3, 2021, the Company recorded multi-employer pension expense related to multi-employer contributions of $0.6 million and $2.0 million, respectively.
The following tables provide the components of net periodic benefit cost for the three and nine months ended October 2, 2022 and October 3, 2021:
Three Months EndedNine Months Ended
Defined Benefit Retirement Plans (Europe)
October 2, 2022October 3, 2021October 2, 2022October 3, 2021
(in thousands)
Interest cost$801 $570 $2,574 $1,721 
Expected return on plan assets(924)(847)(2,973)(2,556)
Amortization of prior service cost27 28 89 86 
Amortization of net actuarial losses240 402 771 1,215 
Net periodic benefit cost$144 $153 $461 $466 
Three Months EndedNine Months Ended
Salary Continuation PlanOctober 2, 2022October 3, 2021October 2, 2022October 3, 2021
(in thousands)
Interest cost$193 $176 $579 $529 
Amortization of net actuarial losses139 186 418 558 
Net periodic benefit cost$332 $362 $997 $1,087 
Three Months EndedNine Months Ended
nora Defined Benefit Plan
October 2, 2022October 3, 2021October 2, 2022October 3, 2021
(in thousands)
Service cost$200 $271 $636 $825 
Interest cost98 101 313 308 
Amortization of net actuarial losses44 89 142 273 
Net periodic benefit cost$342 $461 $1,091 $1,406 
In accordance with applicable accounting standards, the service cost component of net periodic benefit costs is presented within operating income in the consolidated condensed statements of operations, while all other components of net periodic benefit costs are presented within other expense, net, in the consolidated condensed statements of operations.