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Defined Benefit and Defined Contribution Plans (Tables) | 12 Months Ended
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Mar. 25, 2023
Defined Benefit and Defined Contribution Plans [Abstract] |
Funded (Underfunded) Status |
Funded (Underfunded) Status |  |  |  |  |  |
(thousands) |  |  | 2023 |  |  | 2022
Projected benefit obligations |  | $ | 17,104 |  | $ | 20,826
Fair value of plan assets |  |  | 17,176 |  |  | 20,464
Funded (Underfunded) status |  | $ | 72 |  | $ | (362)
Pension Benefit Payments |
Estimated Future Benefit Payments |  |  |
(thousands) |  |  | Pension Benefits
2024 |  | $ | 1,102
2025 |  |  | 1,123
2026 |  |  | 1,169
2027 |  |  | 1,197
2028 |  |  | 1,214
2029 - 2033 |  |  | 6,297
Components of Pension Income |
Net Pension Benefits Expense |  |  |  |  |  |  |  |  |
(thousands) |  |  | 2023 |  |  | 2022 |  |  | 2021
Interest cost on projected benefit obligation |  | $ | 683 |  | $ | 638 |  | $ | 692
Expected return on plan assets |  |  | (982) |  |  | (1,041) |  |  | (1,162)
Amortization of unrecognized actuarial loss |  |  | 378 |  |  | 501 |  |  | 892
Total |  | $ | 79 |  | $ | 98 |  | $ | 422
Weighted Average Assumptions Used to Determine Benefit Obligations |
Benefit Obligation Weighted Average Assumption |  | 2023 |  |  | 2022 |
Discount rate |  | 4.94 | % |  | 3.58 | %
Weighted Average Assumptions Used to Determine Net Periodic Pension Costs |
Net Periodic Benefit Expense Weighted Average Assumptions |  | 2023 |  |  | 2022 |  |  | 2021 |
Discount rate |  | 3.58 | % |  | 3.01 | % |  | 3.34 | %
Expected long-term rate of return on plan assets |  | 5.00 | % |  | 5.00 | % |  | 6.50 | %
Changes in Projected Benefit Obligations and Plan Assets | Benefit Obligation
Change in Projected Benefit Obligation |  |  |  |  |  |
(thousands) |  |  | 2023 |  |  | 2022
Benefit obligation at beginning of year |  | $ | 20,826 |  | $ | 22,096
Interest cost |  |  | 683 |  |  | 638
Actuarial gain |  |  | (3,290) |  |  | (1,211)
Benefits paid |  |  | (1,115) |  |  | (697)
Benefit obligation at end of year (a) |  | $ | 17,104 |  | $ | 20,826
(a) Accumulated benefit obligation-the present value of benefits earned to date assuming no future salary growth-is materially consistent with the projected benefit obligation in each period presented. Plan Assets
Change in Plan Assets |  |  |  |  |  |
(thousands) |  |  | 2023 |  |  | 2022
Fair value of plan assets at beginning of year |  | $ | 20,464 |  | $ | 21,666
Actual loss on plan assets |  |  | (2,173) |  |  | (505)
Benefits paid |  |  | (1,115) |  |  | (697)
Fair value of plan assets at end of year |  | $ | 17,176 |  | $ | 20,464
Company's Asset Allocations by Asset Category |
Asset Category |  | Current Targeted |  |  | Actual Allocation
|  | Allocation |  |  | 2023 |  |  | 2022 |
Cash and cash equivalents |  |  |  |  | 0.7 | % |  | 0.8 | %
Fixed income |  | 60.0 | % |  | 62.7 | % |  | 62.6 | %
Equity securities |  | 40.0 | % |  | 36.6 | % |  | 36.6 | %
Total |  | 100.0 | % |  | 100.0 | % |  | 100.0 | %
Fair Value Measurement Information for the Company's Major Categories of Defined Benefit Plan Assets |
Fair Value Measurements |  |  |  |  | Fair Value at
(thousands) |  |  | Pricing Category (a) |  |  | March 25, 2023 |  |  | March 26, 2022
Assets in the fair value hierarchy |  |  |  |  |  |  |  |  |
Shares of registered investment companies |  |  | Level 1 |  | $ | 11,200 |  | $ | 7,642
Corporate bonds |  |  | Level 2 |  |  | — |  |  | 12,822
Total assets in the fair value hierarchy |  |  |  |  |  | 11,200 |  |  | 20,464
Common collective trusts (b) |  |  |  |  |  | 5,855 |  |  | —
Pooled separate accounts (b) |  |  |  |  |  | 121 |  |  | —
Total plan assets |  |  |  |  | $ | 17,176 |  | $ | 20,464
(a) Fair value measurements are reported in one of three levels based on the lowest level of significant input used: Level 1 (unadjusted quoted prices in active markets); Level 2 (observable market inputs, other than quoted prices included in Level 1); and Level 3 (unobservable inputs that cannot be corroborated by observable market data). The fair value amounts presented in this table are intended to permit reconciliation of the assets in the fair value hierarchy to total plan assets at end of year. (b) Certain investments measured at net asset value as a practical expedient have not been classified in the fair value hierarchy. The fair values presented are intended to permit reconciliation of the total assets in the fair value hierarchy to the total plan assets.
Amounts Recognized in Accumulated Other Comprehensive Loss |
Amounts in Accumulated Other Comprehensive Loss |  |  |  |  |  |
(thousands) |  |  | 2023 |  |  | 2022
Unamortized net actuarial loss |  | $ | 5,467 |  | $ | 5,981
Amounts in Accumulated Other Comprehensive Loss (a) |  | $ | 5,467 |  | $ | 5,981
(a) $4,115 and $4,494, net of tax, at the end of 2023 and 2022, respectively.
Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Loss) Income |
Amounts in Other Comprehensive Income |  |  |  |  |  |  |  |  |
(thousands) |  |  | 2023 |  |  | 2022 |  |  | 2021
Net actuarial income |  | $ | 513 |  | $ | 166 |  | $ | 3,027
Amounts in Other Comprehensive Income (a) |  | $ | 513 |  | $ | 166 |  | $ | 3,027
(a) $379, $125, and $2,270, net of tax, during 2022, 2021, and 2020, respectively.

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- Definition Tabular disclosure of the assumptions used to determine for pension plans the net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. + References No definition available. + Details
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