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

9.

Retirement Plans

 

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

 

   

Three Months Ended

   

Six Months Ended

 
   

September 28,

   

September 30,

   

September 28,

   

September 30,

 
   

2024

   

2023

   

2024

   

2023

 

Service cost including administrative expenses

  $ 1,590     $ 1,737     $ 3,181     $ 3,473  

Interest cost

    2,941       2,818       5,883       5,636  

Expected return on plan assets

    (4,422 )     (4,175 )     (8,845 )     (8,349 )

Amortization of net loss

    76       -       152       -  

Amortization of prior service cost

    3       19       5       38  

Net periodic benefit cost

  $ 188     $ 399     $ 376     $ 798  

 

 

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