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Employee Retirement and Profit Sharing Plans (Tables) | 12 Months Ended
--- | ---
Mar. 30, 2019
Employee Retirement and Profit Sharing Plans [Abstract] |
Funded status of plan |
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  | Fiscal March
﻿ |  | 2019 |  | 2018
﻿ |  | (Dollars in thousands)
﻿Change in Plan Assets: |  |  |  |  |  |
﻿Fair value of plan assets at beginning of year |  | $ | 20,629 |  | $ | 20,702
﻿Actual return on plan assets |  |  | 929 |  |  | 631
﻿Benefits paid |  |  | (720) |  |  | (704)
﻿Fair value of plan assets at end of year |  |  | 20,838 |  |  | 20,629
﻿Change in Projected Benefit Obligation: |  |  |  |  |  |
﻿Benefit obligation at beginning of year |  |  | 20,606 |  |  | 20,405
﻿Interest cost |  |  | 781 |  |  | 796
﻿Actuarial loss |  |  | 305 |  |  | 109
﻿Benefits paid |  |  | (720) |  |  | (704)
﻿Benefit obligation at end of year |  |  | 20,972 |  |  | 20,606
﻿(Underfunded)/funded status of plan |  | $ | (134) |  | $ | 23
﻿
Amounts recognized in accumulated other comprehensive loss |
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  | Year Ended
﻿ |  | Fiscal March
﻿ |  | 2019 |  | 2018
﻿ |  | (Dollars in thousands)
﻿Unamortized transition obligation |  | $ | 0 |  | $ | 0
﻿Unamortized prior service cost |  |  | 0 |  |  | 0
﻿Unamortized net loss |  |  | 6,057 |  |  | 5,675
﻿Total |  | $ | 6,057 |  | $ | 5,675
﻿
Changes in plan assets and benefit obligations recognized in other comprehensive (loss) income |
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  | Year Ended
﻿ |  | Fiscal March
﻿ |  | 2019 |  | 2018
﻿ |  | (Dollars in thousands)
﻿Net transition obligation |  | $ | 0 |  | $ | 0
﻿Prior service cost |  |  | 0 |  |  | 0
﻿Net actuarial loss |  |  | (382) |  |  | (558)
﻿Total |  | $ | (382) |  | $ | (558)
﻿
Components of pension income |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | Year Ended Fiscal March
﻿ |  | 2019 |  | 2018 |  | 2017
﻿ |  | (Dollars in thousands)
﻿Interest cost on projected benefit obligation |  | $ | 781 |  | $ | 796 |  | $ | 806
﻿Expected return on plan assets |  |  | (1,409) |  |  | (1,416) |  |  | (1,332)
﻿Amortization of unrecognized actuarial loss |  |  | 403 |  |  | 336 |  |  | 524
﻿Net pension income |  | $ | (225) |  | $ | (284) |  | $ | (2)
﻿
Weighted average assumptions used to determine benefit obligations |
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  | Year Ended
﻿ |  | Fiscal March
﻿ |  | 2019 |  | 2018
﻿Discount rate |  | 3.72 | % |  | 3.89 | %
﻿
Weighted average assumptions used to determine net periodic pension costs |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | Year Ended Fiscal March
﻿ |  | 2019 |  | 2018 |  | 2017
﻿Discount rate |  | 3.89 | % |  | 3.98 | % |  | 3.83 | %
﻿Expected long-term return on assets |  | 7.00 | % |  | 7.00 | % |  | 7.00 | %
﻿
Company's asset allocations by asset category |
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  | March 30, |  | March 31,
﻿ |  | 2019 |  | 2018
﻿Cash and cash equivalents |  | 1.8 | % |  | 1.3 | %
﻿Fixed income |  | 38.5 | % |  | 39.3 | %
﻿Equity securities |  | 59.7 | % |  | 59.4 | %
﻿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 30, 2019 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 |  | $ | 9,179 |  | $ | 8,825 |  | $ | 354 |  |  |
﻿International companies |  |  | 3,256 |  |  | 3,256 |  |  |  |  |  |
﻿Fixed income: |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. corporate bonds |  |  | 7,888 |  |  |  |  |  | 7,888 |  |  |
﻿International bonds |  |  | 138 |  |  |  |  |  | 138 |  |  |
﻿Cash equivalents |  |  | 377 |  |  |  |  |  | 377 |  |  |
﻿Total |  | $ | 20,838 |  | $ | 12,081 |  | $ | 8,757 |  |  |
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | 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 |  |  |
﻿
Pension benefit payments |
﻿ |  |  |
﻿ |  |  |
﻿ |  | Year Ended
﻿ |  | Fiscal March
﻿ |  | (Dollars in thousands)
﻿2020 |  | $ | 1,033
﻿2021 |  |  | 1,083
﻿2022 |  |  | 1,138
﻿2023 |  |  | 1,170
﻿2024 |  |  | 1,171
﻿2025 - 2029 |  |  | 6,254
﻿

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