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Note 9 - Retirement Plans
9 Months Ended
Dec. 28, 2024
Notes to Financial Statements  
Retirement Benefits [Text Block]

9.

Retirement Plans

 

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

 

   

Three Months Ended

   

Nine Months Ended

 
   

December 28,

   

December 30,

   

December 28,

   

December 30,

 
   

2024

   

2023

   

2024

   

2023

 

Service cost including administrative expenses

  $ 1,173     $ 1,327     $ 4,354     $ 4,800  

Interest cost

    3,092       2,914       8,975       8,550  

Expected return on plan assets

    (5,034 )     (4,926 )     (13,879 )     (13,275 )

Amortization of net loss

    411       165       563       165  

Amortization of prior service cost

    2       22       7       60  

Net periodic benefit (income) cost

  $ (356 )   $ (498 )   $ 20     $ 300  

 

There were no pension contributions made during the nine months ended December 28, 2024 and December 30, 2023.