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Retirement Plans
3 Months Ended
Jun. 01, 2019
Retirement Plans  
Retirement Plans

13. Retirement Plans

 

Net periodic pension expense recorded in the thirteen week periods ended June 1, 2019 and June 2, 2018, for the Company’s defined benefit plan includes the following components:

 

 

 

 

 

 

 

 

 

 

Defined Benefit

 

 

Pension Plan

 

 

Thirteen Week Period Ended

 

 

June 1,

 

June 2,

 

    

2019

    

2018

Service cost

 

$

143

 

$

312

Interest cost

 

 

1,556

 

 

1,578

Expected return on plan assets

 

 

(1,214)

 

 

(1,434)

Amortization of unrecognized prior service cost

 

 

 

 

Amortization of unrecognized net loss

 

 

415

 

 

508

Net periodic pension expense

 

$

900

 

$

964

 

During the thirteen week period ended June 1, 2019 the Company contributed $000 to the Defined Benefit Pension Plan. During the remainder of fiscal 2020, the Company expects to contribute $000 to the Defined Benefit Pension Plan.