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Postretirement Benefit Plans (Tables)
12 Months Ended
Mar. 28, 2015
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Schedule of Net Funded Status [Table Text Block]

 

 

 

 

 

 

Change in benefit obligation:

 

 

Beginning balance at August 21, 2014

$

22,959 

Expenses

 

16 

Interest cost

 

544 

Benefits paid and expenses

 

(255)

Actuarial loss

 

3,827 

Total benefit obligation at March 28, 2015

 

27,091 

 

 

 

Change in plan assets:

 

 

Beginning balance at August 21, 2014

 

25,021 

Actual return on plan assets

 

1,969 

Benefits paid and expenses

 

(255)

Fair value of plan assets at March 28, 2015

 

26,735 

 

 

 

Funded status of Scheme at March 28, 2015

$

(356)

 

Schedule of Net Benefit Costs [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Years Ended

 

 

March 28,

 

March 29,

 

 

2015

 

2014

 

Expenses

$

16 

 

$

 -

 

Interest cost

 

544 

 

 

 -

 

Expected return on plan assets

 

(792)

 

 

 -

 

 

$

(232)

 

$

 -

 

 

Schedule of Assumptions Used [Table Text Block]

 

 

 

 

 

 

 

 

Discount rate

 

4.00 

%

Expected long-term return on plan assets

 

5.36 

%

 

Schedule of Allocation of Plan Assets [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quoted Prices

 

 

 

 

 

 

 

 

 

 

in Active

 

Significant

 

 

 

 

 

 

 

Markets for

 

Other

 

Significant

 

 

 

 

Identical

 

Observable

 

Unobservable

 

 

 

 

Assets

 

Inputs

 

Inputs

 

 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

Plan Assets:

 

 

 

 

 

 

 

 

 

 

 

Cash

$

1,160 

 

$

 -

 

$

 -

 

$

1,160 

Pension funds

 

 -

 

 

25,575 

 

 

 -

 

 

25,575 

 

$

1,160 

 

$

25,575 

 

$

 -

 

$

26,735 

 

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

 

 

 

 

 

 

 

 

Fiscal Year

 

 

2015

Net actuarial loss

$

(1,625)

 

 

 

Accumulated other comprehensive loss, before tax

$

(1,625)

 

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]

 

 

 

 

 

 

 

 

Fiscal Year

 

 

2016

Transition (asset) obligation

$

 -

Prior service cost

 

 -

Actuarial loss (gain)

 

65 

 

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

 

 

 

 

 

Benefit

 

 

Payments

2016

$

384 

2017

 

305 

2018

 

314 

2019

 

487 

2020

 

570 

Thereafter

 

2,865 

 

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]

 

 

 

 

 

 

Change

 

Approximate impact on liabilities

Decrease discount rate by 0.1%, per year

 

2% increase

Increase inflation linked assumptions by 0.1%, per year

 

2% increase (of inflation-linked liabilities)

Increase life expectancy by 1 year

 

2% increase