v3.26.1
Employee Benefit Plans
3 Months Ended
Mar. 28, 2026
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
Employee Benefit Plans
13. Employee Benefit Plans
Defined Benefit Plans
The Company has defined benefit pension and other long-term and postretirement benefit plans covering certain union and non-union employees, primarily in the U.S. and Canada. The defined benefit pension plans are closed to new participants. The liabilities for these plans are calculated using actuarial estimates and management assumptions. These estimates are based on historical information and certain assumptions about future events.
The following table presents the components of net periodic benefit cost of the Company’s plans:
PensionPostretirement
Three Months EndedThree Months Ended
March 28, 2026March 29, 2025March 28, 2026March 29, 2025
Service cost$907 $1,170 $100 $110 
Interest cost6,162 6,829 223 237 
Expected return on plan assets(7,236)(7,572)— — 
Amortization of prior service cost (credit)109 103 (57)(43)
Amortization of (gain) loss— 57 (234)(243)
Net periodic benefit cost$(58)$587 $32 $61 
Service cost is included in “cost of sales” or “selling, general and administrative expense” in the condensed consolidated statements of operations, as appropriate. Interest cost, expected return on plan assets, amortization of prior service cost (credit) and amortization of gain (loss) are included in “components of pension and OPEB, excluding service costs” in the condensed consolidated statements of operations.