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Retirement Plans (Tables) | 3 Months Ended
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Jun. 25, 2021
Retirement Benefits [Abstract] |
Schedule of Expense Related to Defined Benefit Plan | Expense related to the non-United States (“U.S”). defined benefit plan was as follows:
| Three-Month Period Ended |  |
| June 25, 2021 |  | June 26, 2020 |  |  |  |
Service cost | $ | 383 |  |  | $ | 270 |  |  |  |  |
Interest cost | 166 |  |  | 152 |  |  |  |  |
Expected return on plan assets | (79) |  |  | (78) |  |  |  |  |
Amortization of prior service cost | — |  |  | 2 |  |  |  |  |
Actuarial loss | 53 |  |  | 34 |  |  |  |  |
Net periodic pension expense | $ | 523 |  |  | $ | 380 |  |  |  |  |
Fair Value of Entity's Plan Assets | The table below sets forth the fair value of the entity’s plan assets as of June 25, 2021 and March 26, 2021, using the same three-level hierarchy of fair value inputs described in the significant accounting policies included in the Company’s 2021 Annual Report.
| Fair Value at June 25, 2021 |  | Level 1 |  | Level 2 |  | Level 3
Assets of non-U.S. defined benefit plan: |  |  |  |  |  |  |
Government securities | $ | 1,832 |  |  | $ | 1,832 |  |  | $ | — |  |  | $ | — |
Unit investment trust fund | 1,079 |  |  | — |  |  | 1,079 |  |  | — |
Loans | 633 |  |  | — |  |  | — |  |  | 633 |
Bonds | 983 |  |  | — |  |  | 983 |  |  | — |
Stocks and other investments | 2,568 |  |  | 1,436 |  |  | 2 |  |  | 1,130 |
Total | $ | 7,095 |  |  | $ | 3,268 |  |  | $ | 2,064 |  |  | $ | 1,763 |
| Fair Value at March 26, 2021 |  | Level 1 |  | Level 2 |  | Level 3
Assets of non-U.S. defined benefit plan: |  |  |  |  |  |  |
Government securities | $ | 1,646 |  |  | $ | 1,646 |  |  | $ | — |  |  | $ | — |
Unit investment trust fund | 1,221 |  |  | — |  |  | 1,221 |  |  | — |
Loans | 584 |  |  | — |  |  | — |  |  | 584 |
Bonds | 1,112 |  |  | — |  |  | 1,112 |  |  | — |
Stocks and other investments | 3,081 |  |  | 1,947 |  |  | 1 |  |  | 1,133 |
Total | $ | 7,644 |  |  | $ | 3,593 |  |  | $ | 2,334 |  |  | $ | 1,717 |
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 three months ended June 25, 2021:
| Level 3 Non-U.S. Defined Plan Assets
| Loans |  | Stocks
Balance at March 26, 2021 | $ | 584 |  |  | $ | 1,133 |
Additions during the year | 159 |  |  | — |
Redemptions during the year | (107) |  |  | — |
Revaluation of equity securities | (1) |  |  | — |
Change in foreign currency exchange rates | (2) |  |  | (3) |
Balance at June 25, 2021 | $ | 633 |  |  | $ | 1,130 |

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- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
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