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Retirement Plans | 6 Months Ended
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Jul. 02, 2022
Retirement Benefits [Abstract] |
Retirement Plans | 12 Retirement Plans The Company sponsors various retirement plans. The components of net periodic benefit cost other than the service cost component are included in other income, net in the consolidated statements of operations. The summary of the components of net periodic pension costs for the plans for the three and six months ended July 2, 2022 and July 3, 2021 is as follows (in thousands):
|  | Three Months Ended |
|  | July 2, 2022 |  |  | July 3, 2021 |
|  | U.S. Retiree |  |  | Non-U.S. |  |  | U.S. Retiree |  |  | Non-U.S. |
|  | Healthcare |  |  | Pension |  |  | Healthcare |  |  | Pension |
|  | Plan |  |  | Plans |  |  | Plan |  |  | Plans |
Service cost |  | $ | 226 |  |  | $ | 1,003 |  |  | $ | 232 |  |  | $ | 1,147 |
Interest cost |  |  | 146 |  |  |  | 341 |  |  |  | 139 |  |  |  | 312 |
Expected return on plan assets |  |  | (269 | ) |  |  | (496 | ) |  |  | (255 | ) |  |  | (464 | )
Net amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Prior service credit |  |  | (5 | ) |  |  | (32 | ) |  |  | (4 | ) |  |  | (39 | )
Net actuarial loss |  |  | — |  |  |  | 157 |  |  |  | — |  |  |  | 261 |
Net periodic pension cost |  | $ | 98 |  |  | $ | 973 |  |  | $ | 112 |  |  | $ | 1,217 |
|  | Six Months Ended |
|  | July 2, 2022 |  |  | July 3, 2021 |
|  | U.S. Retiree |  |  | Non-U.S. |  |  | U.S. Retiree |  |  | Non-U.S. |
|  | Healthcare |  |  | Pension |  |  | Healthcare |  |  | Pension |
|  | Plan |  |  | Plans |  |  | Plan |  |  | Plans |
Service cost |  | $ | 452 |  |  | $ | 2,085 |  |  | $ | 465 |  |  | $ | 2,307 |
Interest cost |  |  | 291 |  |  |  | 707 |  |  |  | 278 |  |  |  | 627 |
Expected return on plan assets |  |  | (538 | ) |  |  | (1,030 | ) |  |  | (510 | ) |  |  | (930 | )
Net amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Prior service credit |  |  | (10 | ) |  |  | (69 | ) |  |  | (9 | ) |  |  | (80 | )
Net actuarial loss |  |  | — |  |  |  | 326 |  |  |  | — |  |  |  | 523 |
Net periodic pension cost |  | $ | 195 |  |  | $ | 2,019 |  |  | $ | 224 |  |  | $ | 2,447 |
During fiscal year 2022, the Company expects to contribute a total of approximately $3 million to $6 million to the Company’s defined benefit plans.

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