XML 52 R39.htm IDEA: XBRL DOCUMENT v3.22.0.1
Employee Benefit Plans (Tables)
12 Months Ended
Dec. 29, 2021
Retirement Benefits [Abstract]  
Schedule of Pension and Other Defined Benefit Plan Obligations and Funded Status The following table provides a reconciliation of the changes in the benefit obligations, plan assets, and funded status of our defined benefit plans:
 December 29, 2021December 30, 2020
 (In thousands)
Change in Benefit Obligation:  
Benefit obligation at beginning of year
$2,298 $2,337 
Interest cost26 41 
Actuarial losses46 448 
Benefits paid(151)(151)
Settlements— (377)
Benefit obligation at end of year
$2,219 $2,298 
Accumulated benefit obligation$2,219 $2,298 
Change in Plan Assets:  
Fair value of plan assets at beginning of year
$— $— 
Employer contributions151 528 
Benefits paid(151)(151)
Settlements— (377)
Fair value of plan assets at end of year
$— $— 
Unfunded status at end of year$(2,219)$(2,298)
Amounts recognized on the balance sheet:
Other current liabilities $(944)$(717)
Other noncurrent liabilities(1,275)(1,581)
Net amount recognized $(2,219)$(2,298)
Amounts in accumulated other comprehensive loss not yet reflected in net period benefit cost:
Unamortized actuarial losses, net$(974)$(1,087)
Other changes in plan assets and benefit obligations recognized in accumulated other comprehensive loss:
Benefit obligation actuarial loss$(46)$(448)
Amortization of net loss159 89 
Settlement loss recognized— 95 
Other comprehensive income (loss)$113 $(264)
Components of Net Periodic Benefit Cost
The components of net periodic benefit cost were as follows:
 Fiscal Year Ended
 December 29, 2021December 30, 2020December 25, 2019
 (In thousands)
Interest cost$26 $41 $81 
Amortization of net loss159 89 86 
Settlement loss recognized— 95 — 
Net periodic benefit cost$185 $225 $167 
Schedule of Expected Benefit Payments
Benefits expected to be paid for each of the next five years and in the aggregate for the five fiscal years from 2027 through 2031 are as follows:
 Defined Benefit Plans
 (In thousands)
2022$944 
2023600 
2024133 
2025110 
2026115 
2027 through 2031374