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Retirement Benefit Plans (Tables)
6 Months Ended
Jun. 29, 2019
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost and Assumptions Used
The components of net periodic benefit cost are as follows:
 
 
Three Months Ended 
 June 29, 2019
 
Three Months Ended 
 June 30, 2018
(In thousands, except percentages)
 
U.S. Pension
 
Non-U.S. Pension
 
Other Post-Retirement
 
U.S. Pension
 
Non-U.S. Pension
 
Other Post-Retirement
Service Cost
 
$

 
$
43

 
$
1

 
$
175

 
$
35

 
$
53

Interest Cost
 
284

 
28

 
37

 
298

 
30

 
43

Expected Return on Plan Assets
 
(248
)
 
(17
)
 
(1
)
 
(322
)
 
(11
)
 
(1
)
Recognized Net Actuarial Loss
 
8

 
5

 
3

 
135

 
15

 
34

Amortization of Prior Service Cost
 

 

 

 

 
2

 
22

 
 
$
44

 
$
59

 
$
40

 
$
286

 
$
71

 
$
151

 
 
 
 
 
 
 
 
 
 
 
 
 
The weighted average assumptions used to determine net periodic benefit cost are as follows:
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
Discount Rate
 
4.10
%
 
2.81
%
 
4.44
%
 
3.51
%
 
3.80
%
 
3.64
%
Expected Long-Term Return on Plan Assets
 
4.10
%
 
9.22
%
 
9.22
%
 
4.50
%
 
7.43
%
 
7.43
%
Rate of Compensation Increase
 
%
 
2.99
%
 
5.57
%
 
3.00
%
 
3.69
%
 
3.07
%













 
 
Six Months Ended 
 June 29, 2019
 
Six Months Ended 
 June 30, 2018
(In thousands, except percentages)
 
U.S. Pension
 
Non-U.S. Pension
 
Other Post-Retirement
 
U.S. Pension
 
Non-U.S. Pension
 
Other Post-Retirement
Service Cost
 
$

 
$
86

 
$
2

 
$
350

 
$
71

 
$
106

Interest Cost
 
567

 
57

 
75

 
596

 
60

 
86

Expected Return on Plan Assets
 
(497
)
 
(34
)
 
(2
)
 
(644
)
 
(22
)
 
(2
)
Recognized Net Actuarial Loss
 
16

 
10

 
6

 
270

 
31

 
68

Amortization of Prior Service Cost
 

 

 

 

 
4

 
44

 
 
$
86

 
$
119

 
$
81

 
$
572

 
$
144

 
$
302

 
 
 
 
 
 
 
 
 
 
 
 
 
The weighted average assumptions used to determine net periodic benefit cost are as follows:
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
Discount Rate
 
4.10
%
 
2.81
%
 
4.44
%
 
3.51
%
 
3.80
%
 
3.64
%
Expected Long-Term Return on Plan Assets
 
4.10
%
 
9.22
%
 
9.22
%
 
4.50
%
 
7.43
%
 
7.43
%
Rate of Compensation Increase
 
%
 
2.99
%
 
5.57
%
 
3.00
%
 
3.69
%
 
3.07
%