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Employee Retirement and Profit Sharing Plans (Tables)

12 Months Ended

Mar. 31, 2018

Employee Retirement and Profit Sharing Plans [Abstract]

Funded status of plan



		Fiscal March
		2018			2017
		(Dollars in thousands)
Change in Plan Assets:
Fair value of plan assets at beginning of year		$	20,702		$	19,465
Actual return on plan assets			631			2,309
Benefits paid			(704)			(1,072)
Fair value of plan assets at end of year			20,629			20,702
Change in Projected Benefit Obligation:
Benefit obligation at beginning of year			20,405			21,373
Interest cost			796			806
Actuarial loss/(gain)			109			(702)
Benefits paid			(704)			(1,072)
Benefit obligation at end of year			20,606			20,405
Funded status of plan		$	23		$	297



Amounts recognized in accumulated other comprehensive loss



		Year Ended
		Fiscal March
		2018			2017
		(Dollars in thousands)
Unamortized transition obligation		$	0		$	0
Unamortized prior service cost			0			0
Unamortized net loss			5,675			5,117
Total		$	5,675		$	5,117



Changes in plan assets and benefit obligations recognized in other comprehensive income



		Year Ended
		Fiscal March
		2018			2017
		(Dollars in thousands)
Net transition obligation		$	0		$	0
Prior service cost			0			0
Net actuarial (loss)/income			(558)			2,203
Total		$	(558)		$	2,203



Components of pension (income) expense



		Year Ended Fiscal March
		2018			2017			2016
		(Dollars in thousands)
Interest cost on projected benefit obligation		$	796		$	806		$	803
Expected return on plan assets			(1,416)			(1,332)			(1,389)
Amortization of unrecognized actuarial loss			336			524			648
Net pension (income) expense		$	(284)		$	(2)		$	62



Weighted average assumptions used to determine benefit obligations



		Year Ended
		Fiscal March
		2018			2017
Discount rate		3.89	%		3.98	%



Weighted average assumptions used to determine net periodic pension costs



		Year Ended Fiscal March
		2018			2017			2016
Discount rate		3.98	%		3.83	%		3.69	%
Expected long-term return on assets		7.00	%		7.00	%		7.00	%



Company's asset allocations by asset category



		March 31,			March 25,
		2018			2017
Cash and cash equivalents		1.3	%		1.7	%
Fixed income		39.3	%		39.7	%
Equity securities		59.4	%		58.6	%
Total		100.0	%		100.0	%



Fair value measurement information for the Company's major categories of defined benefit plan assets









Fair Value Measurements at March 31, 2018 Using



Quoted Prices



in Active

Significant



Markets for

Other

Significant



Identical

Observable

Unobservable



Assets

Inputs

Inputs



Total

(Level 1)

(Level 2)

(Level 3)



(Dollars in thousands)

Equity securities:

U.S. companies

$

8,062

$

7,785

$

277

International companies

4,186

4,186

Fixed income:

U.S. corporate bonds

7,505

7,505

International bonds

614

614

Cash equivalents

262

262

Total

$

20,629

$

11,971

$

8,658











Fair Value Measurements at March 25, 2017 Using



Quoted Prices



in Active

Significant



Markets for

Other

Significant



Identical

Observable

Unobservable



Assets

Inputs

Inputs



Total

(Level 1)

(Level 2)

(Level 3)



(Dollars in thousands)

Equity securities:

U.S. companies

$

8,296

$

7,984

$

312

International companies

3,839

3,839

Fixed income:

U.S. corporate bonds

7,902

7,902

International bonds

317

317

Cash equivalents

348

348

Total

$

20,702

$

11,823

$

8,879



Pension benefit payments



		Year Ended
		Fiscal March
		(Dollars in thousands)
2019		$	972
2020			1,006
2021			1,059
2022			1,115
2023			1,149
2024 - 2028			6,068



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Defined benefit plan weighted average assumptions used in calculating benefit obligation.

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Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(b)(c)
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Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 20
-Section 50
-Paragraph 1
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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
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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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (f)
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+ References

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-Name Accounting Standards Codification
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-Paragraph 1
-Subparagraph (h)
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