Note 17 - Employee Benefit Plans (Tables)

12 Months Ended

Dec. 30, 2018

Notes Tables

Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block]

	FISCAL YEAR
	2018			2017
	(in thousands)
Change in benefit obligation
Benefit obligation, beginning of year Close File	$	320,548		$	277,813
Service cost		1,112			1,628
Interest cost		5,467			5,559
Benefits and expenses paid		(11,850	)		(10,267	)
Business combinations		36,903			0
Actuarial loss (gain)		(53,753	)		13,351
Member contributions		233			262
Currency translation adjustment		(13,152	)		32,202
Benefit obligation, end of year	$	285,508		$	320,548
Change in plan assets
Plan assets, beginning of year	$	307,166		$	258,365
Actual return on assets		(37,495	)		25,691
Company contributions		4,095			2,812
Benefits paid		(11,850	)		(10,267	)
Currency translation adjustment		(12,603	)		30,565
Plan assets, end of year	$	249,313		$	307,166
Reconciliation to balance sheet
Funded status benefit asset/(liability)	$	(36,195	)	$	(13,382	)
Net amount recognized	$	(36,195	)	$	(13,382	)
Amounts recognized in accumulated other comprehensive income (after tax)
Unrecognized actuarial loss	$	37,141		$	48,443
Unamortized prior service costs		(437	)		(471	)
Total amount recognized	$	36,704		$	47,972
Accumulated Benefit Obligation	$	284,581		$	313,257

	END OF FISCAL YEAR
	2018		2017
	(in thousands)
UK Plan
Projected Benefit Obligation	$	157,351	$	190,992
Accumulated Benefit Obligation		157,351		190,992
Plan Assets		158,990		179,322
Dutch Plan
Projected Benefit Obligation	$	91,837	$	129,554
Accumulated Benefit Obligation		90,910		122,265
Plan Assets		90,323		127,844
Nora Plan
Projected Benefit Obligation	$	36,320		0
Accumulated Benefit Obligation		36,320		0
Plan Assets		0		0

	FISCAL YEAR
	2018			2017
	(in thousands)
Change in benefit obligation
Benefit obligation, beginning of year	$	31,919		$	29,700
Interest cost		1,082			1,256
Benefits paid		(2,030	)		(1,943	)
Actuarial loss (gain)		(1,829	)		2,906
Benefit obligation, end of year	$	29,142		$	31,919

	2018		2017
	(in thousands)
Current liabilities	$	2,030	$	2,030
Non-current liabilities		27,112		29,889
Total benefit obligation	$	29,142	$	31,919

	2018		2017
	(in thousands)
Unrecognized actuarial loss	$	6,906	$	8,582

Schedule of Net Benefit Costs [Table Text Block]

	FISCAL YEAR
	2018			2017			2016
	(in thousands)
Components of net periodic benefit cost
Service cost	$	1,112		$	1,628		$	1,032
Interest cost		5,467			5,559			6,580
Expected return on plan assets		(6,234	)		(6,496	)		(7,553	)
Amortization of prior service cost		(27	)		(34	)		33
Amortization of net actuarial (gains)/losses		1,394			1,287			1,076
Net periodic benefit cost	$	1,712		$	1,944		$	1,168

Schedule of Assumptions Used [Table Text Block]

	FISCAL YEAR
	2018			2017			2016
Weighted average assumptions used to determine net periodic benefit cost
Discount rate		1.9	%		2.0	%		2.7	%
Expected return on plan assets		1.8	%		2.3	%		3.1	%
Rate of compensation		1.75	%		1.75	%		2.0	%
Weighted average assumptions used to determine benefit obligations
Discount rate		2.5	%		2.2	%		2.3	%
Rate of compensation		1.75	%		1.75	%		2.0	%

	2018			2017			2016
	(in thousands, except for assumptions)
Assumptions used to determine net periodic benefit cost
Discount rate		3.50	%		3.85	%		4.25	%
Rate of compensation		-			-			4.0	%
Assumptions used to determine benefit obligations
Discount rate		4.1	%		3.5	%		3.85	%
Rate of compensation		-			-			4.0	%
Components of net periodic benefit cost
Service cost	$	0		$	0		$	440
Interest cost		1,082			1,256			1,269
Amortizations		464			364			811
Net periodic benefit cost	$	1,546		$	1,620		$	2,520

Schedule of Allocation of Plan Assets [Table Text Block]

	FISCAL YEAR
	2019			2018	2017
	Target Allocation			Percentage of Plan Assets at Year End
Asset Category:
Equity Securities	15%	-	20%	16%	16%
Debt and Debt Securities	35%	-	45%	35%	32%
Other	40%	-	50%	49%	52%
		100%		100%	100%

	P ension Plan Assets by Category as of December 3 0 , 201 8
	Dutch Plan		UK Plan		Total
	(in thousands)
Level 1	$	0	$	79,146	$	79,146
Level 2		0		60,913		60,913
Level 3		90,323		18,931		109,254
Total	$	90,323	$	158,990	$	249,313

	Pension Plan Assets by Category as of December 31, 2017
	Dutch Plan		UK Plan		Total
			(in thousands)
Level 1	$	0	$	87,521	$	87,521
Level 2		0		68,668		68,668
Level 3		127,844		23,133		150,977
Total	$	127,844	$	179,322	$	307,166

	201 8
	Level 1		Level 2		Level 3
			(in thousands)
Asset Class
Equity Securities	$	39,392	$	0	$	0
Debt and Debt Securities		33,134		38,619		16,012
Other (including cash)		6,620		22,294		93,242
	$	79,146	$	60,913	$	109,254

	201 7
	Level 1		Level 2		Level 3
			(in thousands)
Asset Class
Equity Securities	$	48,285	$	0	$	0
Debt and Debt Securities		36,780		41,381		19,883
Other (including cash)		2,456		27,287		131,094
	$	87,521	$	68,668	$	150,977

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets [Table Text Block]

	201 8			201 7
	(in thousands)			(in thousands)
Balance of level 3 assets, beginning of year	$	150,977		$	127,953
Interest cost		1,682			2,633
Benefits paid		(4,090	)		(3,728	)
Assets transferred in to (out of) Level 3		696			(2,089	)
Actuarial gain (loss)		(35,202	)		8,753
Translation adjustment		(4,809	)		17,455
Ending Balance of level 3 assets	$	109,254		$	150,977

Schedule of Expected Benefit Payments [Table Text Block]

FISCAL YEAR	EXPECTED PAYMENTS
	(in thousands)
2019	$	9,762
2020		9,989
2021		10,251
2022		10,356
2023		10,635
2024-2028		55,231

FISCAL YEAR	EXPECTED PAYMENTS
	(in thousands)
2019	$ 2,030
2020	2,030
2021	2,030
2022	2,030
2023	2,030
2024-2028	9,791