XML 26 R17.htm IDEA: XBRL DOCUMENT v3.23.2
Note 10 - Retirement Plans
3 Months Ended
Jul. 01, 2023
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 1,

  

July 2,

 
  

2023

  

2022

 

Service cost including administration

 $1,736  $2,435 

Interest cost

  2,818   2,374 

Expected return on plan assets

  (4,174)  (4,025)

Amortization of prior service cost

  19   23 

Amortization of net loss

  -   102 

Net periodic benefit cost

 $399  $909 

 

There were no pension contributions made during the three months ended July 1, 2023 and July 2, 2022.