v3.26.1
Note 8 - Pension and Other Postretirement Benefits
3 Months Ended
Apr. 04, 2026
Notes to Financial Statements  
Defined Benefit Plan [Text Block]

Note 8 Pension and Other Postretirement Benefits

 

Employees of VPG participate in various defined benefit pension and other postretirement benefit ("OPEB") plans. The following table sets forth the components of the net periodic benefit cost for the Company's defined benefit pension and OPEB plans (in thousands):

 

    Fiscal Quarter Ended     Fiscal Quarter Ended  
   

April 4, 2026

   

March 29, 2025

 
   

Pension

   

OPEB

   

Pension

   

OPEB

 
   

Plans

   

Plans

   

Plans

   

Plans

 

Net service cost

  $ 61     $ 3     $ 64     $ 4  

Interest cost

    211       26       201       28  

Expected return on plan assets

    (171 )           (169 )      

Amortization of actuarial losses (gains)

          (9 )     2       (8 )

Net periodic benefit cost

  $ 101     $ 20     $ 98     $ 24