XML 54 R16.htm IDEA: XBRL DOCUMENT v3.2.0.727
Pension Plan
 3 Months Ended
Jun. 27, 2015
Pension and Other Postretirement and Postemployment Benefit Plans, Liabilities [Abstract]  
Pension Plan

11.   Pension Plan

 

The components of the Company’s net periodic pension expense for the three months ended June 27, 2015 and June 28, 2014 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

June 27,

 

June 28,

 

 

2015

 

2014

 

Expenses

$

 -

 

$

 -

 

Interest cost

 

 -

 

 

 -

 

Expected return on plan assets

 

 -

 

 

 -

 

Amortization of actuarial loss

 
16 

 

 

 -

 

 

$
16 

 

$

 -

 

Based on an actuarial study performed as of March 28, 2015, the pension plan is underfunded and a long-term liability is reflected in the Company’s consolidated condensed balance sheet under the caption “Other long-term liabilities”.