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EMPLOYEE BENEFIT PLANS (Tables) | 12 Months Ended
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Mar. 26, 2022
Retirement Benefits [Abstract] |
Schedule of Change in the Postretirement Benefit Obligation |
|  | FY 2022 |  |  | FY 2021 |
Post-retirement benefit obligation, at beginning of fiscal year |  | $ | 1,831 |  |  | $ | 1,509 |
Service cost |  |  | 96 |  |  |  | 84 |
Interest cost |  |  | 52 |  |  |  | 48 |
Benefits paid |  |  | (125 | ) |  |  | (95 | )
Actuarial (gain) loss |  |  | (528 | ) |  |  | 285 |
Post-retirement benefit obligation, at end of fiscal year |  |  | 1,326 |  |  |  | 1,831 |
Fair value of plan assets, at end of fiscal year |  |  | - |  |  |  | - |
Funded status, at end of fiscal year |  | $ | (1,326 | ) |  | $ | (1,831 | )
Accumulated post-retirement benefit obligation, at end of fiscal year |  | $ | 1,326 |  |  | $ | 1,831 |
Schedule of Net Periodic Postretirement Benefit Cost and Other Amounts Recognized in Other Comprehensive Income |
|  | FY 2022 |  |  | FY 2021 |
Net periodic post-retirement benefit cost: |  |  |  |  |  |
Service cost |  | $ | 96 |  |  | $ | 84 |
Interest cost |  |  | 52 |  |  |  | 48 |
Amortization of prior service cost |  |  | 1 |  |  |  | 1 |
|  |  | 149 |  |  |  | 133 |
Benefit obligations recognized in other comprehensive income: |  |  |  |  |  |  |  |
Amortization of prior service cost |  |  | (1 | ) |  |  | (1 | )
Net actuarial (loss) gain |  |  | (583 | ) |  |  | 233 |
|  |  | (584 | ) |  |  | 232 |
Total recognized in net periodic benefit cost and other comprehensive income |  | $ | (435 | ) |  | $ | 365 |
Amount recognized in accumulated other comprehensive income, at end of fiscal year: |  |  |  |  |  |  |  |
Unrecognized prior service cost |  | $ | 156 |  |  | $ | 739 |
Schedule of Assumptions Used |
|  | March 26, 2022 |  |  | March 27, 2021 |
Weighted average discount rate |  |  | 3.6 | % |  |  | 3.0 | %
Medical care cost trend rate: |  |  |  |  |  |  |  |
Trend rate assumed for next year |  |  | 7.0 | % |  |  | 7.0 | %
Ultimate trend rate |  |  | 3.8 | % |  |  | 3.8 | %
Year that rate reaches ultimate trend rate |  |  | 2075 |  |  |  | 2075 |
Dental care cost trend rate: |  |  |  |  |  |  |  |
Trend rate assumed for next year and remaining at that level thereafter |  |  | 3.0 | % |  |  | 3.0 | %
Schedule of Expected Benefit Payments |
Fiscal Year |  | Amount |
2023 |  | $ | 135 |
2024 |  |  | 113 |
2025 |  |  | 118 |
2026 |  |  | 84 |
2027 |  |  | 91 |
Thereafter |  | $ | 785 |

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- Definition Tabular disclosure of assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI https://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2439-114920 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2410-114920 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2417-114920 + Details
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- Definition Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. + 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 (f) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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