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Employee Retirement and Profit Sharing Plans (Tables) | 12 Months Ended
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Mar. 28, 2020
Employee Retirement and Profit Sharing Plans [Abstract] |
Funded status of plan |
|  | Fiscal March
|  | 2020 |  | 2019
|  | (Dollars in thousands)
Change in Plan Assets: |  |  |  |  |  |
Fair value of plan assets at beginning of year |  | $ | 20,838 |  | $ | 20,629
Actual (loss) return on plan assets |  |  | (1,507) |  |  | 929
Benefits paid |  |  | (720) |  |  | (720)
Fair value of plan assets at end of year |  |  | 18,611 |  |  | 20,838
Change in Projected Benefit Obligation: |  |  |  |  |  |
Benefit obligation at beginning of year |  |  | 20,972 |  |  | 20,606
Interest cost |  |  | 752 |  |  | 781
Actuarial loss |  |  | 642 |  |  | 305
Benefits paid |  |  | (720) |  |  | (720)
Benefit obligation at end of year |  |  | 21,646 |  |  | 20,972
Underfunded status of plan |  | $ | (3,035) |  | $ | (134)
Amounts recognized in accumulated other comprehensive loss |
|  | Year Ended
|  | Fiscal March
|  | 2020 |  | 2019
|  | (Dollars in thousands)
Unamortized transition obligation |  | $ | — |  | $ | —
Unamortized prior service cost |  |  | — |  |  | —
Unamortized net loss |  |  | 9,174 |  |  | 6,057
Total |  | $ | 9,174 |  | $ | 6,057
Changes in plan assets and benefit obligations recognized in other comprehensive (loss) income |
|  | Year Ended
|  | Fiscal March
|  | 2020 |  | 2019
|  | (Dollars in thousands)
Net transition obligation |  | $ | — |  | $ | —
Prior service cost |  |  | — |  |  | —
Net actuarial loss |  |  | (3,117) |  |  | (382)
Total |  | $ | (3,117) |  | $ | (382)
Components of pension income |
|  | Year Ended Fiscal March
|  | 2020 |  | 2019 |  | 2018
|  | (Dollars in thousands)
Interest cost on projected benefit obligation |  | $ | 752 |  | $ | 781 |  | $ | 796
Expected return on plan assets |  |  | (1,423) |  |  | (1,409) |  |  | (1,416)
Amortization of unrecognized actuarial loss |  |  | 455 |  |  | 403 |  |  | 336
Net pension income |  | $ | (216) |  | $ | (225) |  | $ | (284)
Weighted average assumptions used to determine benefit obligations |
|  | Year Ended
|  | Fiscal March
|  | 2020 |  | 2019
Discount rate |  | 3.34 | % |  | 3.72 | %
Weighted average assumptions used to determine net periodic pension costs |
|  | Year Ended Fiscal March
|  | 2020 |  | 2019 |  | 2018
Discount rate |  | 3.72 | % |  | 3.89 | % |  | 3.98 | %
Expected long-term return on assets |  | 7.00 | % |  | 7.00 | % |  | 7.00 | %
Company's asset allocations by asset category |
|  | March 28, |  | March 30,
|  | 2020 |  | 2019
Cash and cash equivalents |  | 4.1 | % |  | 1.8 | %
Fixed income |  | 37.9 | % |  | 38.5 | %
Equity securities |  | 58.0 | % |  | 59.7 | %
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 28, 2020 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 |  | $ | 7,666 |  | $ | 7,383 |  | $ | 283 |  |  |
International companies |  |  | 3,137 |  |  | 3,137 |  |  |  |  |  |
Fixed income: |  |  |  |  |  |  |  |  |  |  |  |
U.S. corporate bonds |  |  | 6,686 |  |  |  |  |  | 6,686 |  |  |
International bonds |  |  | 361 |  |  |  |  |  | 361 |  |  |
Cash equivalents |  |  | 761 |  |  |  |  |  | 761 |  |  |
Total |  | $ | 18,611 |  | $ | 10,520 |  | $ | 8,091 |  |  |
|  | 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 |  |  |
Pension benefit payments |
|  | Year Ended
|  | Fiscal March
|  | (Dollars in thousands)
2021 |  | $ | 1,072
2022 |  |  | 1,122
2023 |  |  | 1,154
2024 |  |  | 1,158
2025 |  |  | 1,198
2026 - 2030 |  |  | 6,384

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