Note 14 - Employee Benefit Plans

9 Months Ended

Sep. 28, 2025

(14)

Employee Benefit Plans

Pension expense (benefit) consisted of the following (in thousands):

	Three Months Ended						Nine Months Ended
	September 28,			September 29,			September 28,			September 29,
	2025			2024			2025			2024
	(Unaudited)						(Unaudited)

Service cost	$	0		$	0		$	0		$	0
Interest cost on projected benefit obligation		267			274			801			822
Net amortizations, deferrals and other costs		92			110			275			330
Expected return on plan assets		(210	)		(180	)		(630	)		(541	)
Net periodic benefit cost	$	149		$	204		$	446		$	611

The net periodic benefit cost of the defined benefit pension plans incurred during the three and nine-month periods ended September 28, 2025 and September 29, 2024 is included in other (income) expense, net in the accompanying consolidated statements of operations.

- Definition

The entire disclosure for retirement benefits.

+ References

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+ Details

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