v3.26.1
Pensions and Other Post-employment Benefits
 3 Months Ended
Apr. 03, 2026
Retirement Benefits [Abstract]  
Pensions and Other Post-employment Benefits Pensions and Other Post-employment Benefits
The following is a summary of the net periodic benefit (income)/cost for the first quarter of 2026 and 2025 for the pension plans as shown below. The Pension Benefits columns aggregate defined benefit pension plans in the U.S., Germany, Liechtenstein, England, and the U.S. supplemental retirement plans. The Other Benefits columns include the domestic retiree medical and life insurance plan.
 Pension BenefitsOther Benefits
 First Quarter EndedFirst Quarter Ended
April 3,March 28,April 3,March 28,
(Thousands)2026202520262025
Components of net periodic benefit (income) cost
Service cost$292 $286 $— $11 
Interest cost1,841 1,910 31 58 
Expected return on plan assets(2,374)(2,504)— — 
Amortization of prior service cost (benefit)(22)(21)— — 
Amortization of net loss (gain)258 89 (104)(87)
Total net benefit (income) cost$(5)$(240)$(73)$(18)
The Company did not make any contributions to its defined benefit plan in the first quarter of 2026 or 2025.
The Company reports the service cost component of net periodic benefit cost in the same line item as other compensation costs in operating expenses and the non-service cost components of net periodic benefit cost in Other non-operating (income) expense.