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Postretirement Health Care and Life Insurance Benefits
3 Months Ended
Jun. 30, 2018
Defined Contribution Plan [Abstract]  
Pension Plan and Postretirement Health Care and Life Insurance Benefits

10. Pension Plan and Postretirement Health Care and Life Insurance Benefits

 

The following tables set forth the net periodic benefit cost of the Company’s noncontributory defined benefit pension plan and contributory defined benefit health care plans. The amounts for the three months ended June 30, 2018 are based on calculations prepared by the Company's actuaries and represent the Company’s best estimate of the respective period’s proportionate share of the amounts to be recorded for the year ending March 30, 2019. The amounts disclosed below for the three month period ending July 1, 2017 were calculated based on the amounts disclosed within the Company’s fiscal 2018 annual filing.

 

 Pension Plan:

 

 

Three Months Ended

 

June 30,

2018

July 1,

2017

Components of net periodic benefit cost:      
Service cost $   64 $   58
Interest cost 221 226
Expected return on plan assets (417) (403)
Amortization of prior service cost 9 9
Amortization of losses

249

302

Net periodic benefit cost

$126

$192

  

Postretirement Health Care and Life Insurance Benefits:

 

 

Three Months Ended

 

June 30,

2018

July 1,

2017

Components of net periodic benefit cost:      
Service cost $12 $  8
Interest cost 23 25
Amortization of prior service cost 1 1
Amortization of losses

(7)

(1)

Net periodic benefit cost

$29

$33

  

The components of net periodic benefit cost other than the service component are included in Other non-operating expense on the Consolidated Statements of Operations.