Note 6 - Employee Benefit Plans

9 Months Ended

Oct. 02, 2016

Pension and Other Postretirement Benefits Disclosure [Text Block]

NOTE 6 – EMPLOYEE BENEFIT PLANS

The following tables provide the components of net periodic benefit cost for the three-month and nine-month periods ended October 2, 2016, and October 4, 2015, respectively:

	Three Months Ended						Nine Months Ended
Defined Benefit Retirement Plan (Europe)	Oct. 2, 2016			Oct. 4, 2015			Oct. 2, 2016			Oct. 4, 2015
	(In thousands)						(In thousands)
Service cost	$	260		$	265		$	781		$	799
Interest cost		1,610			2,124			5,058			6,328
Expected return on assets		(1,876	)		(2,279	)		(5,880	)		(6,791	)
Amortization of prior service costs		9			8			27			25
Recognized net actuarial losses		169			244			537			725
Net periodic benefit cost	$	172		$	362		$	523		$	1,086

	Three Months Ended				Nine Months Ended
Salary Continuation Plan (SCP)	Oct. 2, 2016		Oct. 4, 2015		Oct. 2, 2016		Oct. 4, 2015
	(In thousands)				(In thousands)
Service cost	$	110	$	148	$	330	$	445
Interest cost		317		278		952		834
Amortization of loss		203		131		608		392
Net periodic benefit cost	$	630	$	557	$	1,890	$	1,671