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Benefit Plans (Tables)
12 Months Ended
Dec. 30, 2023
Retirement Benefits [Abstract]  
Schedule of Reconciliation of the Changes in the Plans' Benefit Obligations and the Fair Value of the Plans Assets The following tables provide a reconciliation of the changes in the most significant plans’ benefit obligations and the fair value of the plans’ assets for 2023 and 2022, and a statement of the plans’ aggregate funded status:
 Pension BenefitsOther Benefits
(In thousands)2023202220232022
Change in benefit obligation:    
Obligation at beginning of year$50,761 $84,283 $9,240 $11,825 
Service cost— — 183 291 
Interest cost2,454 1,450 439 346 
Actuarial loss (gain)1,508 (24,154)(105)(2,604)
Plan amendments/transference— — 101 — 
Benefit payments(3,582)(2,512)(686)(547)
Foreign currency translation adjustment3,294 (8,306)385 (71)
Obligation at end of year54,435 50,761 9,557 9,240 
Change in fair value of plan assets:    
Fair value of plan assets at beginning of year62,298 79,478 — — 
Actual return on plan assets410 (6,371)— — 
Employer contributions— — 686 547 
Benefit payments(3,582)(2,512)(686)(547)
Foreign currency translation adjustment3,745 (8,297)— — 
Fair value of plan assets at end of year62,871 62,298 — — 
Funded (underfunded) status at end of year$8,436 $11,537 $(9,557)$(9,240)
Schedule of Amounts Recognized in Accumulated OCI (Before the Effect of Income Taxes)
The following represents amounts recognized in AOCI (before the effect of income taxes):
 Pension BenefitsOther Benefits
(In thousands)2023202220232022
Unrecognized net actuarial loss (gain)$7,728 $2,870 $(3,863)$(4,149)
Unrecognized prior service credit— — (5)(19)
Schedule of Funded Status of the Plans Recognized
As of December 30, 2023 and December 31, 2022, the total funded status of the plans recognized in the Consolidated Balance Sheets was as follows:

 Pension BenefitsOther Benefits
(In thousands)2023202220232022
Long-term asset$8,436 $11,537 $— $— 
Current liability$— $— $(1,041)$(1,068)
Long-term liability— — (8,516)(8,172)
Total funded (underfunded) status$8,436 $11,537 $(9,557)$(9,240)
Schedule of Components of Net Periodic Benefit Costs
The components of net periodic benefit cost (income) are as follows:

(In thousands)202320222021
Pension benefits:   
Interest cost$2,454 $1,450 $1,272 
Expected return on plan assets(3,260)(3,568)(3,671)
Amortization of net loss— 897 1,536 
Settlement charge— — — 
Net periodic benefit income$(806)$(1,221)$(863)
Other benefits:   
Service cost$183 $291 $258 
Interest cost439 346 281 
Amortization of prior service credit(2)(198)(470)
Amortization of net gain(449)(220)(103)
Curtailment gain— (1,756)— 
Net periodic benefit cost (income)$171 $(1,537)$(34)
Schedule of Weighted Average Assumptions Used in the Measurement of the Company's Benefit Obligation and Net Periodic Benefit Cost are as Follows
The weighted average assumptions used in the measurement of the Company’s benefit obligations are as follows:

 Pension BenefitsOther Benefits
 2023202220232022
Discount rate4.40 %4.80 %5.96 %6.08 %
Expected long-term return on plan assets4.30 %5.51 %N/AN/A
Rate of compensation increasesN/AN/A5.00 %5.00 %
Rate of inflation3.20 %3.30 %N/AN/A

The weighted average assumptions used in the measurement of the Company’s net periodic benefit cost are as follows:

 Pension BenefitsOther Benefits
 202320222021202320222021
Discount rate
4.80 %1.90 %1.40 %6.08 %3.73 %2.92 %
Expected long-term return on plan assets
5.51 %4.96 %4.69 %N/AN/AN/A
Rate of compensation increases
N/AN/AN/A5.00 %5.00 %5.00 %
Rate of inflation
3.30 %3.70 %3.20 %N/AN/AN/A
Schedule of Weighted Average Asset Allocation of the Company’s Pension Fund Assets are as Follows
The weighted average asset allocation of the Company’s pension fund assets are as follows:

 Pension Plan Assets
Asset category20232022
Pooled liability investments99 %— %
Equity securities (includes equity mutual funds)— 67 
Multi-asset securities— 22 
Cash and equivalents (includes money market funds)
Alternative investments— 10 
Total100 %100 %
Schedule of Plan Assets at Fair Value Within the Fair Value Hierarchy, by Level
The following table sets forth by level, within the fair value hierarchy, the assets of the plans at fair value:

 Fair Value Measurements at December 30, 2023
(In thousands)Level 1Level 2Level 3Total
Cash and money market funds$502 $— $— $502 
Pooled liability investments— 62,369 — 62,369 
Total$502 $62,369 $— $62,871 
 
 Fair Value Measurements at December 31, 2022
(In thousands)Level 1Level 2Level 3Total
Cash and money market funds$829 $— $— $829 
Mutual funds (1)
— 55,441 — 55,441 
Limited partnerships— — 6,028 6,028 
Total$829 $55,441 $6,028 $62,298 

(1)Approximately 78 percent of mutual funds are actively managed funds and approximately 22 percent of mutual funds are index funds.  Additionally, 24 percent of the mutual funds’ assets are invested in non-U.S. multi-asset securities and 76 percent in non-U.S. equities.
Schedule of Plan Assets Measured at Fair Value Using Significant Unobservable Inputs
The table below reflects the changes in the assets of the plan measured at fair value on a recurring basis using significant unobservable inputs (level 3 of fair value hierarchy) during the year ended December 30, 2023:

(In thousands)Limited Partnerships
  
Balance, December 31, 2022$6,028 
Liquidation(6,028)
  
Balance, December 30, 2023$— 
Schedule of Future Benefit Plans Payments The Company expects future benefits to be paid from the plans as follows:
(In thousands)Pension BenefitsOther Benefits
2024$3,418 $1,042 
20253,540 1,045 
20263,667 1,080 
20273,798 877 
20283,934 922 
2028-203221,886 4,146 
Total$40,243 $9,112