v3.25.4
RETIREMENT AND SAVINGS BENEFIT PLANS (Tables)
12 Months Ended
Jan. 03, 2026
Retirement Benefits [Abstract]  
Schedule of Components of Pension Cost
The following tables present key components of pension costs, amounts recorded in the balance sheets and related key assumptions:
Year Ended December
(In thousands)
2025
2024
2023
Amounts included in the statements of operations:
Net pension costs$426 $251 $322 
Actuarial assumptions used to determine pension expense:
Discount rate in effect for determining service cost3.76 %3.18 %0.91 %
Rate of inflation2.10 %2.20 %1.90 %
Expected long-term return on plan assets3.00 %3.00 %3.00 %
Rate of compensation increase3.30 %3.40 %3.10 %
(In thousands)
December 2025
December 2024
Amounts included in the balance sheets:
Projected benefit obligations$16,576 $14,789 
Fair value of plan assets12,626 10,782 
Funded status - recorded in other liabilities (Note 13)$3,950 $4,007 
Accumulated other comprehensive gain, pretax - net deferred amounts3,697 2,838 
Actuarial assumptions used to determine pension obligations:
Discount rate3.18 %3.76 %
Rate of compensation increase3.20 %3.30 %
Accumulated benefit obligations$14,129 $12,378