Benefit Plans

6 Months Ended

Jun. 27, 2020

Retirement Benefits [Abstract]

Benefit Plans

Benefit Plans

The Company sponsors several qualified and nonqualified pension plans and other postretirement benefit plans for certain of its employees.  The components of net periodic benefit cost (income) are as follows:

	For the Quarter Ended				For the Six Months Ended
(In thousands)	June 27, 2020		June 29, 2019		June 27, 2020		June 29, 2019
Pension benefits:
Service cost	$	—	$	—	$	—	$	—
Interest cost	866		1,443		1,724		2,910
Expected return on plan assets	(1,495)		(2,077)		(2,990)		(4,153)
Amortization of net loss	528		440		988		970
Net periodic benefit income	$	(101)	$	(194)	$	(278)	$	(273)
Other benefits:
Service cost	$	56	$	63	$	117	$	127
Interest cost	106		153		215		306
Amortization of prior service credit	(58)		(225)		(284)		(451)
Amortization of net gain	(47)		(13)		(100)		(21)
Curtailment gain	(2,591)		$	—	(2,591)		$	—
Net periodic benefit income	$	(2,534)	$	(22)	$	(2,643)	$	(39)

The components of net periodic benefit cost (income) other than the service cost component are included in other income, net in the Condensed Consolidated Statements of Income.