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Retirement Plans (Tables)
6 Months Ended
Sep. 23, 2022
Retirement Benefits [Abstract]  
Schedule of Expense Related to Defined Benefit Plan
Three-Month Period EndedSix-Month Period Ended
September 23,
2022
September 24,
2021
September 23,
2022
September 24,
2021
Service cost$307 $371 $635 $754 
Interest cost185 161 382 327 
Expected return on plan assets(73)(76)(151)(155)
Amortization of prior service cost(2)— (4)— 
Actuarial loss19 52 40 105 
Net periodic pension expense$436 $508 $902 $1,031 
Fair Value of Entity's Plan Assets
The table below sets forth the fair value of the entity’s non-U.S. defined benefit plan’s plan assets as of September 23, 2022 and March 25, 2022, using the same three-level hierarchy of fair value inputs described in the significant accounting policies included in the Company’s 2022 Annual Report.
Fair Value at September 23,
2022
Level 1Level 2Level 3
Assets of non-U.S. defined benefit plan:
Government securities$2,077 $2,077 $— $— 
Unit investment trust fund1,004 — 1,004 — 
Loans540 — — 540 
Bonds581 — 581 — 
Stocks and other investments1,969 1,004 963 
Total$6,171 $3,081 $1,587 $1,503 
Fair Value at March 25,
2022
Level 1Level 2Level 3
Assets of non-U.S. defined benefit plan:
Government securities$1,920 $1,920 $— $— 
Unit investment trust fund1,165 — 1,165 — 
Loans553 — — 553 
Bonds676 — 676 — 
Stocks and other investments2,783 1,716 1,065 
Total$7,097 $3,636 $1,843 $1,618 
Schedule of Changes in Fair Value of Level 3 Plan Assets
The following table shows the change in fair value of Level 3 plan assets for the six-month periods ended September 23, 2022 and September 24, 2021:
Level 3 Non-U.S. Defined Benefit
Plan Assets
LoansStocks
Balance at March 25, 2022$553 $1,065 
Additions during the year253 — 
Redemptions during the year(216)— 
Revaluation of equity securities— 
Change in foreign currency exchange rates(53)(102)
Balance at September 23, 2022$540 $963 
Balance at March 26, 2021$584 $1,133 
Additions during the year273 — 
Redemptions during the year(214)— 
Revaluation of equity securities(1)— 
Change in foreign currency exchange rates(22)(37)
Balance at September 24, 2021$620 $1,096