Benefit Plans

3 Months Ended

Mar. 26, 2022

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
(In thousands)	March 26, 2022		March 27, 2021
Pension benefits:
Interest cost	$	394	$	313
Expected return on plan assets	(967)		(904)
Amortization of net loss	244		378
Net periodic benefit income	$	(329)	$	(213)
Other benefits:
Service cost	$	72	$	65
Interest cost	103		87
Amortization of prior service credit	(118)		(118)
Amortization of net gain	(58)		(31)
Net periodic benefit (income) cost	$	(1)	$	3

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.