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Pension Plan
 9 Months Ended
Dec. 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 nine months ended December 26, 2015 and December 27, 2014 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

December 26,

 

December 27,

 

December 26,

 

December 27,

 

2015

 

2014

 

2015

 

2014

Expenses

$

 -

 

$

 -

 

$

 -

 

$

 -

Interest cost

 

 -

 

 

 -

 

 

 -

 

 

 254 

Expected return on plan assets

 

 -

 

 

 -

 

 

 -

 

 

 (370)

Amortization of actuarial loss

 

 17 

 

 

 -

 

 

 49 

 

 

 -

 

$

 17 

 

$

 -

 

$

 49 

 

$

 (116)

Based on an actuarial study performed as of March 28, 2015, the defined benefit 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”.