Benefit Plans

3 Months Ended

Mar. 30, 2024

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 30, 2024		April 1, 2023
Pension benefits:
Interest cost	$	581	$	594
Expected return on plan assets	(604)		(841)
Amortization of net loss	33		—
Net periodic benefit cost (income)	$	10	$	(247)
Other benefits:
Service cost	$	54	$	51
Interest cost	131		128
Amortization of prior service credit	(1)		(1)
Amortization of net gain	(97)		(97)
Net periodic benefit cost	$	87	$	81

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.