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PENSION PLANS | 9 Months Ended
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Sep. 28, 2019
Retirement Benefits [Abstract] |
PENSION PLANS | PENSION PLANS Prior to the Separation, certain Company employees participated in U.S. and international defined benefit pension plans sponsored by VF (the "Shared Plans"), which included participants of other VF operations. The Company accounted for its participation in the Shared Plans as a multi-employer benefit plan. Accordingly, net pension costs specifically related to Company employees were reflected in the Company's statements of income and the Company did not record an asset or liability in relation to the funded or unfunded status of the Shared Plans. At the Separation, approximately $11.0 million of net pension obligations related to international employees were transferred to the Company, along with $1.1 million of related other comprehensive loss. The following table presents net pension costs recognized by the Company related to the Shared Plans through the Separation date and related to the transferred obligations subsequent to the Separation:
|  | Three Months Ended September |  |  | Nine Months Ended September
(in thousands) |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018
Service cost |  | $ | 360 |  |  |  | $ | 1,718 |  |  |  | $ | 1,377 |  |  |  | $ | 4,785 |
Non-service components |  | — |  |  |  | (1,301 | ) |  |  | (3,166 | ) |  |  | (3,662 | )
Curtailment losses |  | — |  |  |  | — |  |  |  | — |  |  |  | 3,502 |
Settlement losses |  | — |  |  |  | 594 |  |  |  | — |  |  |  | 661 |
Net pension (benefit) costs |  | $ | 360 |  |  |  | $ | 1,011 |  |  |  | $ | (1,789 | ) |  |  | $ | 5,286 |
The service cost component of net pension costs is reflected in the Company's statements of income within "cost of goods sold" and "selling, general and administrative expenses." All other components of net pension cost are reflected in the Company's statements of income within "selling, general and administrative expenses."

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- 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
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