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Employee Benefit Plans
9 Months Ended
Sep. 27, 2020
Retirement Benefits [Abstract]  
Employee Benefit Plans Employee Benefit Plans
The Company has a qualified pension plan and postretirement healthcare benefit plans. The plans cover certain eligible employees and retirees of the Motorcycles segment. The Company also has unfunded supplemental employee retirement plan agreements (SERPA) with certain employees. Service cost is allocated among Selling, administrative and engineering expense, Motorcycles cost of goods sold and Inventories, net. Amounts capitalized in inventory are not significant. Non-service cost components of net periodic benefit cost are presented in Other income, net. Components of net periodic benefit cost for the Company's defined benefit plans were as follows (in thousands):
 Three months endedNine months ended
September 27,
2020
September 29,
2019
September 27,
2020
September 29,
2019
Pension and SERPA Benefits:
Service cost$6,806 $6,072 $20,418 $19,336 
Interest cost19,112 21,371 57,335 64,113 
Expected return on plan assets(33,764)(35,581)(101,292)(106,743)
Amortization of unrecognized:
Prior service credit(272)(483)(816)(1,449)
Net loss16,372 11,128 49,116 33,384 
Settlement loss— 1,500 — 1,500 
Net periodic benefit cost$8,254 $4,007 $24,761 $10,141 
Postretirement Healthcare Benefits:
Service cost$1,202 $1,040 $3,605 $3,409 
Interest cost2,336 2,938 7,008 8,814 
Expected return on plan assets(3,467)(3,507)(10,401)(10,521)
Amortization of unrecognized:
Prior service credit(595)(595)(1,785)(1,785)
Net loss123 69 369 207 
Special retirement benefit cost— — — 1,583 
Curtailment gain— — — (960)
Net periodic benefit cost$(401)$(55)$(1,204)$747 
There are no required or planned qualified pension plan contributions for 2020. The Company expects it will continue to make ongoing benefit payments under the SERPA and postretirement healthcare plans.