Retirement Plan

9 Months Ended

Mar. 30, 2023

Retirement Benefits [Abstract]

Retirement Plan

Note 10 – Retirement Plan

The Supplemental Employee Retirement Plan (“Retirement Plan”) is an unfunded, non-qualified deferred compensation plan that will provide eligible participants with monthly benefits upon retirement, disability or death, subject to certain conditions. The monthly benefit is based upon each participant’s earnings and his or her number of years of service. The components of net periodic benefit cost are as follows:

	For the Quarter Ended				For the Thirty-Nine Weeks Ended
	March 30, 2023		March 24, 2022		March 30, 2023		March 24, 2022
Service cost	$	200	$	248	$	601	$	743
Interest cost		342		255		1,025		764
Amortization of loss		7		363		21		1,091
Net periodic benefit cost	$	549	$	866	$	1,647	$	2,598

The components of net periodic benefit cost other than the service cost component are included in the line item “Pension expense (excluding service costs)” in the Consolidated Statements of Comprehensive Income.