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Pensions and Other Postretirement Benefits
 9 Months Ended
Sep. 27, 2025
Pensions and Other Postretirement Benefits [Abstract]  
Pensions and Other Postretirement Benefits
Note 9 – Pensions and Other Postretirement Benefits

The Company maintains various retirement benefit plans.  The service cost component of net periodic pension cost is classified in costs of products sold or selling, general, and administrative expenses on the consolidated condensed statements of operations based on the respective employee's function.  The other components of net periodic pension cost are classified as other expense on the consolidated condensed statements of operations.

Defined Benefit Pension Plans

The following table shows the components of the net periodic pension cost for the third fiscal quarters of 2025 and 2024 for the Company’s defined benefit pension plans:

 
Fiscal quarter ended
September 27, 2025
    
Fiscal quarter ended
September 28, 2024
  
   
U.S. Plans
    
Non-U.S.
Plans
    
U.S. Plans
    
Non-U.S.
Plans
  
                         
Net service cost
  
$
-
    
$
776
    
$
-
    
$
783
  
Interest cost
    
380
      
1,623
      
381
      
1,688
  
Expected return on plan assets
    
-
      
(566
)
    
-
      
(586
)
Amortization of prior service cost
    
2
      
37
      
16
      
57
  
Amortization of losses (gains)
    
-
   
262
      
(108
)
    
463
  
Curtailment and settlement losses
    
-
      
24
      
-
      
102
  
Net periodic benefit cost
  
$
382
    
$
2,156
    
$
289
    
$
2,507
  

The following table shows the components of the net periodic pension cost for the nine fiscal months ended September 27, 2025 and September 28, 2024 for the Company’s defined benefit pension plans:

 
Nine fiscal months ended
September 27, 2025
    
Nine fiscal months ended
September 28, 2024
  
   
U.S. Plans
    
Non-U.S.
Plans
    
U.S. Plans
    
Non-U.S.
Plans
  
                         
Net service cost
  
$
-
    
$
2,270
    
$
-
    
$
2,349
  
Interest cost
    
1,140
      
4,693
      
1,144
      
5,038
  
Expected return on plan assets
    
-
      
(1,666
)
    
-
      
(1,764
)
Amortization of prior service cost
    
4
      
107
      
49
      
171
  
Amortization of losses (gains)
    
-
   
762
      
(325
)
    
1,373
  
Curtailment and settlement losses
    
-
      
71
      
-
      
308
  
Net periodic benefit cost
  
$
1,144
    
$
6,237
    
$
868
    
$
7,475
  


Other Postretirement Benefits

The following table shows the components of the net periodic benefit cost for the third fiscal quarters of 2025 and 2024 for the Company’s other postretirement benefit plans:

 
Fiscal quarter ended
September 27, 2025
  
Fiscal quarter ended
September 28, 2024
  
 
U.S. Plans
  
Non-U.S.
Plans
  
U.S. Plans
  
Non-U.S.
Plans
  
                 
Service cost
  
$
4
    
$
61
    
$
6
    
$
61
  
Interest cost
    
51
      
62
      
53
      
62
  
Amortization of losses (gains)
    
(52
)
    
15
      
(60
)
    
21
  
Net periodic benefit cost
  
$
3
 
$
138
    
$
(1
)
  
$
144
  

The following table shows the components of the net periodic pension cost for the nine fiscal months ended September 27, 2025 and September 28, 2024 for the Company’s other postretirement benefit plans:

Nine fiscal months ended
September 27, 2025
  
Nine fiscal months ended
September 28, 2024
  
 
U.S. Plans
  
Non-U.S.
Plans
  
U.S. Plans
  
Non-U.S.
Plans
  
                 
Service cost
  
$
14
    
$
176
    
$
16
    
$
181
  
Interest cost
    
152
      
178
      
158
      
184
  
Amortization of losses (gains)
    
(156
)
    
44
      
(180
)
    
62
  
Net periodic benefit cost
  
$
10
 
$
398
    
$
(6
)
  
$
427