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Pension and retirement plans (Tables)
9 Months Ended
Mar. 30, 2024
Pension and retirement plan  
Components of net periodic pension costs

Third Quarters Ended

Nine Months Ended

  

March 30,

    

April 1,

  

March 30,

    

April 1,

2024

   

2023

  

2024

   

2023

(Thousands)

Service cost within selling, general and administrative expenses

$

2,563

$

3,003

$

7,689

$

9,011

Interest cost

 

6,145

 

6,682

 

18,434

 

20,047

Expected return on plan assets

 

(9,986)

 

(12,215)

 

(29,956)

 

(36,645)

Amortization of prior service cost

 

1

 

1

 

3

 

3

Recognized net actuarial loss

 

56

 

617

 

167

 

1,852

Total net periodic pension benefit within other (expense) income, net

(3,784)

(4,915)

(11,352)

(14,743)

Net periodic pension benefit

$

(1,221)

$

(1,912)

$

(3,663)

$

(5,732)