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Employee Benefit Plans
 9 Months Ended
Sep. 25, 2016
Compensation and Retirement Disclosure [Abstract]  
Employee Benefit Plans
Employee Benefit Plans
The Company has a defined benefit qualified pension plan and postretirement healthcare benefit plans that cover certain employees of the Motorcycles segment. The Company also has unfunded supplemental employee retirement plan agreements (SERPA) with certain employees which were instituted to replace benefits lost under the Tax Revenue Reconciliation Act of 1993. Net periodic benefit costs are allocated among selling, administrative and engineering expense, cost of goods sold and inventory. Amounts capitalized in inventory are not significant. Components of net periodic benefit costs were as follows (in thousands):
 
Three months ended
 
Nine months ended
 
September 25,
2016
 
September 27,
2015
 
September 25,
2016
 
September 27,
2015
Pension and SERPA Benefits
 
 
 
 
 
 
 
Service cost
$
8,359

 
$
10,010

 
$
25,077

 
$
30,030

Interest cost
22,707

 
21,836

 
68,121

 
65,508

Expected return on plan assets
(36,445
)
 
(36,232
)
 
(109,335
)
 
(108,696
)
Amortization of unrecognized:
 
 
 
 
 
 
 
Prior service cost
255

 
109

 
765

 
327

Net loss
11,588

 
13,678

 
34,764

 
41,031

Settlement loss
300

 
—

 
900

 
—

Net periodic benefit cost
$
6,764

 
$
9,401

 
$
20,292

 
$
28,200

Postretirement Healthcare Benefits
 
 
 
 
 
 
 
Service cost
$
1,870

 
$
2,065

 
$
5,610

 
$
6,195

Interest cost
3,704

 
3,541

 
11,112

 
10,623

Expected return on plan assets
(3,017
)
 
(2,877
)
 
(9,051
)
 
(8,631
)
Amortization of unrecognized:
 
 
 
 
 
 
 
Prior service credit
(701
)
 
(804
)
 
(2,103
)
 
(2,412
)
Net loss
884

 
993

 
2,652

 
2,979

Net periodic benefit cost
$
2,740

 
$
2,918

 
$
8,220

 
$
8,754


During the first nine months of 2016, the Company voluntarily contributed $25.0 million in cash to further fund its qualified pension plan. There are no required or planned contributions to the qualified pension plan for the remainder of 2016. The Company expects it will continue to make ongoing benefit payments under the SERPA and postretirement healthcare plans.