v3.25.2
Note 14 - Employee Benefit Plans
6 Months Ended
Jun. 29, 2025
Notes to Financial Statements  
Retirement Benefits [Text Block]

(14)

Employee Benefit Plans

 

Pension expense (benefit) consisted of the following (in thousands):

 

 

Three Months Ended

 

Six Months Ended

 
 

June 29,

 

June 30,

 

June 29,

 

June 30,

 
 

2025

 

2024

 

2025

 

2024

 
 

(Unaudited)

 

(Unaudited)

 
                         

Interest cost on projected benefit obligation

$ 260   $ 239   $ 534   $ 548  

Net amortizations, deferrals and other costs

  73     88     183     220  

Expected return on plan assets

  (241

)

  (184

)

  (420 )   (361 )

Net periodic benefit cost

$ 92   $ 143   $ 297   $ 407  

 

The net periodic benefit cost of the defined benefit pension plans incurred during the three and six month periods ended June 29, 2025 and June 30, 2024 is included in other expense, net in the accompanying consolidated statements of operations.