XML 31 R21.htm IDEA: XBRL DOCUMENT v3.23.3
Pension and Other Postretirement Obligations
9 Months Ended
Oct. 01, 2023
Retirement Benefits [Abstract]  
Pension and Other Postretirement Obligations Pension and Other Postretirement Obligations
The following table provides the components of net periodic benefit costs for our pension and other postretirement benefit plans: 
 Pension ObligationsOther Postretirement Obligations
October 1, 2023October 2, 2022October 1, 2023October 2, 2022
 (In thousands)
Three Months Ended
Service cost$522 $758 $$
Interest cost3,838 2,241 253 190 
Expected return on plan assets(4,038)(3,644)— — 
Amortization of prior service cost 45 41 — — 
Actuarial losses (gains)(234)212 (192)(20)
Settlement loss— 954 — 
Net periodic benefit cost $133 $562 $64 $176 
Nine Months Ended
Service cost$2,056 $2,488 $$18 
Interest cost11,392 6,833 756 578 
Expected return on plan assets(12,476)(11,405)— — 
Amortization of prior service cost132 132 — — 
Actuarial losses (gains)(692)672 (574)(60)
Settlement loss— 954 — — 
Net periodic benefit cost (income)$412 $(326)$188 $536 
We recorded a settlement loss of $1.0 million during the three and nine months ended October 2, 2022. The settlement loss was the result of lump-sum payments to participants that exceeded the sum of the pension plan's respective service cost and interest cost amounts.