v3.26.1
Pension and Other Postretirement Benefit Plans
6 Months Ended
Mar. 27, 2026
Retirement Benefits [Abstract]  
Pension and Other Postretirement Benefit Plans Pension and Other Postretirement Benefit Plans
The following table presents the components of net periodic pension benefit expense recognized in earnings during the three and six months ended March 27, 2026 and March 28, 2025 (in thousands):
Three Months EndedSix Months Ended
March 27, 2026March 28, 2025March 27, 2026March 28, 2025
Component:
Service cost$2,831 $2,496 $5,668 $4,995 
Interest cost21,932 20,684 43,812 41,086 
Expected return on plan assets(27,594)(25,041)(55,117)(49,728)
Amortization of previously unrecognized items3,388 3,045 6,768 6,047 
Settlement1,398 — 1,398 — 
Total net periodic pension benefit expense recognized$1,955 $1,184 $2,529 $2,400 
The service cost component of net periodic pension benefit is presented in the same line item as other compensation costs (Direct cost of contracts and Selling, general and administrative expenses) and the other components of net periodic pension expense are presented in Miscellaneous expense on the Consolidated Statements of Earnings.
The following table presents certain information regarding the Company’s cash contributions to our pension plans for fiscal 2026 (in thousands):
Cash contributions made during the first six months of fiscal 2026
$7,476 
Cash contributions projected for the remainder of fiscal 2026
6,374 
Total$13,850