Note 10 - Retirement Plans

3 Months Ended

Jul. 02, 2022

Notes to Financial Statements

Retirement Benefits [Text Block]

10. Retirement Plans

The net periodic benefit cost for the Company’s pension plan consisted of (in thousands):

	Three Months Ended
	July 2,			July 3,
	2022			2021
Service cost including administration	$	2,435		$	2,560
Interest cost		2,374			1,878
Expected return on plan assets		(4,025	)		(4,276	)
Amortization of prior service cost		23			23
Amortization of net loss		102			-
Net periodic benefit cost	$	909		$	185

There were no pension contributions made during the three months ended July 2, 2022 and July 3, 2021.