Note 8 - Employee Benefit Plans

9 Months Ended

Sep. 30, 2018

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

NOTE

8

– EMPLOYEE BENEFIT PLANS

The following tables provide the components of net periodic benefit cost for the

three

-month and

nine

-month periods ended

September 30, 2018,

and

October 1, 2017,

respectively:

	Three Months Ended						Nine Months Ended
Defined Benefit Retirement Plan (Europe)	September 30 , 201 8			October 1 , 201 7			September 30 , 201 8			October 1 , 201 7
	(In thousands)						(In thousands)
Service cost	$	178		$	423		$	547		$	1,204
Interest cost		1,270			1,426			3,941			4,138
Expected return on assets		(1,503	)		(1,697	)		(4,667	)		(4,920	)
Amortization of prior service costs		(11	)		9			4			26
Recognized net actuarial (gains) / losses		270			318			839			930
Net periodic benefit cost	$	204		$	479		$	664		$	1,378

	Three Months Ended				Nine Months Ended
Salary Continuation Plan (SCP)	September 30 , 201 8		October 1 , 201 7		September 30 , 201 8		October 1 , 201 7
	(In thousands)				(In thousands)
Service cost	$	0	$	0	$	0	$	0
Interest cost		271		314		812		942
Amortization of prior service cost		0		0		0		0
Amortization of (gain) / loss		116		91		348		273
Net periodic benefit cost	$	387	$	405	$	1,160	$	1,215

	T h ree Months Ended		Nine Months Ended
Nora D efined B enefit P lan	September 30, 2018		September 30, 2018
	(In thousands)		( In thousands)
Service cost	$	134	$	134
Interest cost		99		99
Net periodic benefit cost	$	233	$	233