XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Note 7 - Benefit Plans | 6 Months Ended
--- | ---
Jun. 30, 2018
Notes to Financial Statements |
Pension and Other Postretirement Benefits Disclosure [Text Block] | 7 . Benefit Plans The Company has company-sponsored defined benefit pension plans covering employees in the U.K., Germany, the Philippines, China, Japan, and France. The amount of the retirement benefits provided under the plans is based on years of service and final average pay. The Company recognizes interest costs, expected return on plan assets, and amortization, net within Other (income) expense, net in the Condensed Consolidated Statements of Net Income. The components of net periodic benefit cost for the three and six months ended June 30, 2018 and July 1, 2017 were as follows:
|  | For the Three Months Ended |  |  | For the Six Months Ended |
(in thousands) |  | June 30 , 201 8 |  |  | July 1 , 201 7 |  |  | June 30 , 201 8 |  |  | July 1 , 201 7 |
Components of net periodic benefit cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  | $ | 533 |  |  | $ | 408 |  |  | $ | 1,066 |  |  | $ | 816 |
Interest cost |  |  | 501 |  |  |  | 360 |  |  |  | 1,002 |  |  |  | 720 |
Expected return on plan assets |  |  | (540 | ) |  |  | (476 | ) |  |  | (1,080 | ) |  |  | (952 | )
Amortization of prior service (credit) |  |  | 74 |  |  |  | 84 |  |  |  | 148 |  |  |  | 168 |
Net periodic benefit cost |  | $ | 568 |  |  | $ | 376 |  |  | $ | 1,136 |  |  | $ | 752 |
The Company expects to make approximately $2.3 million of cash contributions to its pension plans in 2018.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration