XML 51 R35.htm IDEA: XBRL DOCUMENT v3.10.0.1

Benefit Plans (Tables)

12 Months Ended

Dec. 28, 2018

Defined Benefit Plan [Abstract]

Schedule of Projected Benefit Obligation and Fair Value of Plan Assets

Information relating to the funding position of the Company’s defined benefit plans for fiscal years 2018 and 2017 were as follows (in thousands):

	2018				2017
Change in projected benefit obligation:
Projected benefit obligation at beginning of year	$	2,608			$	2,285
Service cost	214				200
Interest cost	48				42
Plan participants’ contribution	84				75
Actuarial gain	(150		)		(90		)
Benefits (paid) transferred in, net	42				(11		)
Settlements	(619		)		—
Foreign currency translation	(24		)		107
Projected benefit obligation at end of year	2,203				2,608
Change in fair value of plan assets:
Fair value of plan assets at beginning of year	1,358				1,172
Employer contributions	83				56
Plan participants’ contributions	84				75
Actual loss on plan assets	(11		)		—
Benefits transferred in, net	62				—
Settlements	(619		)		—
Foreign currency translation	(11		)		55
Fair value of plan assets at end of year	946				1,358
Projected benefit obligation in excess of plan assets at end of year	$	1,257			$	1,250
Defined benefit liability classified as other current liabilities	$	54			$	32
Defined benefit liability classified as long-term liabilities	$	1,203			$	1,218
Accumulated benefit obligation at end of year	$	1,809			$	2,189

Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)

Amounts recognized in Accumulated Other Comprehensive Income (Loss) for fiscal years 2018 and 2017 are as follows (in thousands):

	2018				2017
Net (gain) loss occurring during the year	$	(130	)		$	74
Amortization of losses	(101		)		(45		)
Prior service cost	1				1
Amortization of prior service cost	(2		)		(2		)
Pre-tax adjustment (gain) loss	(232		)		28
Tax benefit	(70		)		(5		)
Net (gain) loss	$	(302	)		$	23

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year

The amortization of amounts in Accumulated Other Comprehensive Income expected to be recognized as components of net periodic benefit expense during fiscal year 2019 are as follows (in thousands):

Amortization of net prior service cost	$	1
Amortization of net loss	5

Schedule of Net Benefit Costs

Net pension cost for fiscal years 2018 and 2017 is comprised of the following (in thousands):

	2018				2017				2016
Service cost	$	214			$	200			$	173
Interest cost	48				42				36
Settlements loss	69				—				—
Expected return on assets	(17		)		(19		)		(18		)
Recognized net actuarial loss	33				44				38
Net pension cost	$	347			$	267			$	229

Schedule of Assumptions Used

The weighted-average rates used in the actuarial valuations to determine the net pension cost for fiscal years 2018, 2017 and 2016 were as follows:

	2018		2017		2016
Discount rate	3.1%		2.9%		2.3%
Salary growth	3.2%		3.1%		2.4%
Expected rate of return on assets	1.3%		1.5%		2.0%

The weighted-average rates used in the actuarial valuations to determine the projected benefit obligation for fiscal years 2018, 2017 and 2016 were as follows:

	2018		2017		2016
Discount rate	6.0%		3.1%		2.9%
Salary growth	4.1%		3.2%		3.1%
Expected rate of return on assets	1.4%		1.3%		1.5%

Schedule of Allocation of Plan Assets

The following table provides information by level for the defined benefit plan assets that are measured at fair value as of December 28, 2018 and December 29, 2017 (in thousands).

	Fair Value				Quoted Prices in Active Markets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
December 28, 2018
Insurance contract	$	946			$	—			$	946			$	—
December 29, 2017
Insurance contract	$	1,358			$	—			$	1,358			$	—

Schedule of Expected Benefit Payments

Estimated benefit payments over for the next ten years as of December 28, 2018 are as follows (in thousands):

	2019				2020			2021			2022			2023			2024-2028
Estimated benefit payments	$	104			121			124			134			145			964

X

- Definition

Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(b)(c)
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

+ Details

Name:	us-gaap_ChangesInProjectedBenefitObligationsFairValueOfPlanAssetsAndFundedStatusOfPlanTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DefinedBenefitPensionPlansAndDefinedBenefitPostretirementPlansDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(5)
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAllocationOfPlanAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts related to pension plans and/or other employee benefit plans in accumulated other comprehensive income (loss) expected to be recognized as components of net periodic benefit cost over the next fiscal year, including the net gain (loss), net prior service cost or credit, and net transition asset or obligation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (s)
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAmountsInAccumulatedOtherComprehensiveIncomeLossToBeRecognizedOverNextFiscalYearTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (k)
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAssumptionsUsedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in plan assets and benefit obligations recognized in other comprehensive income (loss) during the period.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration