Benefit Plans

9 Months Ended

Sep. 28, 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				For the Nine Months Ended
(In thousands)	September 28, 2024		September 30, 2023		September 28, 2024		September 30, 2023
Pension benefits:
Interest cost	$	581	$	594	$	1,744	$	1,783
Expected return on plan assets	(605)		(841)		(1,813)		(2,524)
Amortization of net loss	32		—		98		—
Net periodic benefit cost (income)	$	8	$	(247)	$	29	$	(741)
Other benefits:
Service cost	$	54	$	51	$	163	$	152
Interest cost	131		128		392		384
Amortization of prior service credit	(1)		(1)		(2)		(2)
Amortization of net gain	(98)		(98)		(295)		(294)
Net periodic benefit cost	$	86	$	80	$	258	$	240

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.