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PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS
 6 Months Ended
Jun. 29, 2019
Retirement Benefits [Abstract]  
PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS
The following table provides the components of net periodic cost for the Company’s pension, deferred compensation and executive supplemental life insurance retirement plans:
 
Three Months Ended
 
Six Months Ended
 
June 29, 2019
 
June 30, 2018
 
June 29, 2019
 
June 30, 2018
 
(in thousands)
Service cost
$
757


$
969

 
$
1,387

 
$
1,815

Interest cost
2,875


2,656

 
5,750

 
5,489

Expected return on plan assets
(3,235
)

(4,012
)
 
(6,470
)
 
(7,889
)
Amortization of prior service cost (credit)
91


(90
)
 
182

 
(271
)
Amortization of net loss
488


886

 
977

 
1,531

Net periodic cost
$
976

 
$
409

 
$
1,826

 
$
675


Service cost is recorded as an operating expense within the accompanying unaudited condensed consolidated statements of income. All other components of net periodic costs are recorded in Other income, net in the accompanying unaudited condensed consolidated statements of income. The net periodic cost for the Company’s other post-retirement benefit plan for the three and six months ended June 29, 2019 and June 30, 2018 was not significant.