Quarterly report pursuant to Section 13 or 15(d)

Supplemental Retirement Plan and Related Post Retirement Benefits

v3.10.0.1
Supplemental Retirement Plan and Related Post Retirement Benefits
9 Months Ended
Sep. 29, 2018
Retirement Benefits [Abstract]  
Supplemental Retirement Plan and Related Post Retirement Benefits Supplemental Retirement Plan and Related Post Retirement Benefits
The Company has two non-qualified supplemental retirement defined benefit plans (“SERP” and “SERP II”) for certain executive officers. The following table sets forth information regarding the net periodic pension cost for the plans. 
Nine Months Ended 
Three Months Ended
(In thousands)
September 29, 2018 September 30, 2017 September 29, 2018 September 30, 2017
Service Cost
$ 150  $ 138  $ 50  $ 46 
Interest Cost
675  672  225  224 
Amortization of Prior Service Cost
291  291  97  97 
Amortization of Net Actuarial Losses
471  279  157  93 
Net Periodic Cost
$ 1,587  $ 1,380  $ 529  $ 460 
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: 
Nine Months Ended 
Three Months Ended
(In thousands)
September 29, 2018 September 30, 2017 September 29, 2018 September 30, 2017
Service Cost
$ 12  $ $ $
Interest Cost
34  30  11  10 
Amortization of Prior Service Cost
12  12 
Amortization of Net Actuarial Losses
44  21  15 
Net Periodic Cost
$ 102  $ 69  $ 34  $ 23