XML 57 R16.htm IDEA: XBRL DOCUMENT v3.3.0.814
Pension Plan
 6 Months Ended
Sep. 26, 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 and six months ended September 26, 2015 and September 27, 2014 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

September 26,

 

September 27,

 

September 26,

 

September 27,

 

2015

 

2014

 

2015

 

2014

Expenses

$

 -

 

$

 -

 

$

 -

 

$

 -

Interest cost

 

 -

 

 
254 

 

 

 -

 

 
254 

Expected return on plan assets

 

 -

 

 
(370)

 

 

 -

 

 
(370)

Amortization of actuarial loss

 
16 

 

 

 -

 

 
32 

 

 

 -

 

$
16 

 

$
(116)

 

$
32 

 

$
(116)

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”.