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Supplemental Retirement Plan and Related Post Retirement Benefits
 9 Months Ended
Oct. 02, 2021
Retirement Benefits [Abstract]  
Supplemental Retirement Plan and Related Post Retirement Benefits Supplemental Retirement Plan and Related Post Retirement Benefits
The Company has two non-qualified supplemental retirement defined benefit plans (“SERP” and “SERP II”) for certain executive officers. The following table sets forth information regarding the net periodic pension cost for the plans.
Nine Months EndedThree Months Ended
(In thousands)October 2, 2021September 26, 2020October 2, 2021September 26, 2020
Service Cost$146 $167 $49 $56 
Interest Cost573 627 192 209 
Amortization of Prior Service Cost290 290 97 97 
Amortization of Net Actuarial Losses970 486 324 162 
Net Periodic Cost$1,979 $1,570 $662 $524 
Participants in the SERP are entitled to paid medical, dental and long-term care insurance benefits upon retirement under the plan. The net periodic cost was insignificant for the three and nine months ended October 2, 2021 and September 26, 2020.
The service cost component of net periodic benefit costs above is recorded in Selling, General and Administrative Expenses within the Consolidated Condensed Statements of Operations, while the remaining components are recorded in Other Expense, Net of Other Income.