Quarterly report pursuant to Section 13 or 15(d)

Supplemental Retirement Plan and Related Post Retirement Benefits (Tables)

v3.19.2
Supplemental Retirement Plan and Related Post Retirement Benefits (Tables)
 6 Months Ended
Jun. 29, 2019
Retirement Benefits [Abstract]  
Summary of the Components of Net Periodic Cost The following table sets forth information regarding the net periodic pension cost for the plans. 
Six Months Ended Three Months Ended
(In thousands) June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018
Service Cost $ 91  $ 100  $ 46  $ 50 
Interest Cost 458  450  229  225 
Amortization of Prior Service Cost 193  194  96  97 
Amortization of Net Actuarial Losses 150  314  75  157 
Net Periodic Cost $ 892  $ 1,058  $ 446  $ 529 
Participants in the SERP are entitled to paid medical, dental and long-term care insurance benefits upon retirement under the plan. The following table sets forth information regarding the net periodic cost recognized for those benefits: 
Six Months Ended
Three Months Ended
(In thousands) June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018
Service Cost $ 7  $ 8  $ 4  $ 4 
Interest Cost 23  23  11  12 
Amortization of Prior Service Cost 8  8  4  4 
Amortization of Net Actuarial Losses 21  29  11  15 
Net Periodic Cost $ 59  $ 68  $ 30  $ 35