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Note 9 - Retirement Plans | 9 Months Ended
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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.

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