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Retirement Benefit Plans (Tables)

6 Months Ended

Jun. 27, 2020

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 27, 2020								Three Months Ended June 29, 2019
(In thousands, except percentages)		Non-U.S. Pension				Other Post-Retirement				U.S. Pension				Non-U.S. Pension				Other Post-Retirement
Service Cost		$	42			$	1			$	—			$	43			$	1
Interest Cost		21				11				284				28				37
Expected Return on Plan Assets		(15		)		(1		)		(248		)		(17		)		(1		)
Recognized Net Actuarial Loss		10				4				8				5				3
Amortization of Prior Service Cost		1				—				—				—				—
		$	59			$	15			$	44			$	59			$	40

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

Discount Rate		2.06		%		3.75		%		4.10		%		2.81		%		4.44		%
Expected Long-Term Return on Plan Assets		7.21		%		7.21		%		4.10		%		9.22		%		9.22		%
Rate of Compensation Increase		3.14		%		5.57		%		—		%		2.99		%		5.57		%



		Six Months Ended June 27, 2020								Six Months Ended June 29, 2019
(In thousands, except percentages)		Non-U.S. Pension				Other Post-Retirement				U.S. Pension				Non-U.S. Pension				Other Post-Retirement
Service Cost		$	86			$	3			$	—			$	86			$	2
Interest Cost		44				20				567				57				75
Expected Return on Plan Assets		(31		)		(2		)		(497		)		(34		)		(2		)
Recognized Net Actuarial Loss		21				8				16				10				6
Amortization of Prior Service Cost		3				—				—				—				—
		$	123			$	29			$	86			$	119			$	81

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

Discount Rate		2.15		%		3.84		%		4.10		%		2.81		%		4.44		%
Expected Long-Term Return on Plan Assets		7.21		%		7.21		%		4.10		%		9.22		%		9.22		%
Rate of Compensation Increase		3.19		%		5.57		%		—		%		2.99		%		5.57		%