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Defined Benefit Pension Plans
 9 Months Ended
Sep. 29, 2017
Defined Benefit Plan [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
Note 7 — Defined Benefit Pension Plans
 
The Company has defined benefit plans covering employees of its Switzerland and Japan operations.
 
The following table summarizes the components of net periodic pension cost recorded for the Company’s defined benefit pension plans (in thousands):
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
September 29,
 
September 30,
 
September 29,
 
September 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
Service cost
 
$
126
 
$
155
 
$
380
 
$
466
 
Interest cost
 
 
15
 
 
19
 
 
43
 
 
54
 
Expected return on plan assets
 
 
(25)
 
 
(24)
 
 
(71)
 
 
(69)
 
Net amortization of transitional obligation (a)
 
 
3
 
 
3
 
 
9
 
 
10
 
Actuarial loss recognized in current period (a)
 
 
17
 
 
24
 
 
51
 
 
70
 
Total
 
$
136
 
$
177
 
$
412
 
$
531
 
 
(a) Amounts reclassified from accumulated other comprehensive loss.
 
During the nine months ended September 29, 2017 and September 30, 2016, the Company made cash contributions of approximately $518,000 and $419,000, respectively, to its Swiss pension plan and the Company is not required to make additional cash contributions during the remainder of 2017. The Company currently is not required to and does not make contributions to its Japan pension plan.