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PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS | 9 Months Ended
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Sep. 25, 2021
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 |  | Nine Months Ended
| September 25, 2021 |  | September 26, 2020 |  | September 25, 2021 |  | September 26, 2020
| (in thousands)
Service cost | $ | 911 |  |  | $ | 797 |  |  | $ | 2,733 |  |  | $ | 2,392 |
Interest cost | 1,344 |  |  | 2,355 |  |  | 4,032 |  |  | 7,064 |
Expected return on plan assets | (1,983) |  |  | (2,981) |  |  | (5,950) |  |  | (8,944) |
Amortization of prior service cost (credit) | (128) |  |  | (125) |  |  | (383) |  |  | (376) |
Amortization of net loss | 1,110 |  |  | 1,586 |  |  | 3,330 |  |  | 4,758 |
Other adjustments | — |  |  | 125 |  |  | (572) |  |  | 375 |
Net periodic cost | $ | 1,254 |  |  | $ | 1,757 |  |  | $ | 3,190 |  |  | $ | 5,269 |
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 expense, 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 nine months ended September 25, 2021 and September 26, 2020 was not significant.

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