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Defined Benefit and Defined Contribution Plans (Tables) | 12 Months Ended
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Mar. 30, 2024
Defined Benefit and Defined Contribution Plans [Abstract] |
Funded (Underfunded) Status |
Funded Status |  |  |  |  |  |
(thousands) |  |  | 2024 |  |  | 2023
Projected benefit obligations |  | $ | 16,489 |  | $ | 17,104
Fair value of plan assets |  |  | 17,272 |  |  | 17,176
Overfunded status |  | $ | 783 |  | $ | 72
Pension Benefit Payments |
Estimated Future Benefit Payments |  |  |
(thousands) |  |  | Pension Benefits
2025 |  | $ | 1,134
2026 |  |  | 1,172
2027 |  |  | 1,199
2028 |  |  | 1,213
2029 |  |  | 1,256
2030 - 2034 |  |  | 6,285
Components of Pension Income |
Net Pension Benefits Expense |  |  |  |  |  |  |  |  |
(thousands) |  |  | 2024 |  |  | 2023 |  |  | 2022
Interest cost on projected benefit obligation |  | $ | 812 |  | $ | 683 |  | $ | 638
Expected return on plan assets |  |  | (818) |  |  | (982) |  |  | (1,041)
Amortization of unrecognized actuarial loss |  |  | 192 |  |  | 378 |  |  | 501
Total |  | $ | 186 |  | $ | 79 |  | $ | 98
Weighted Average Assumptions Used to Determine Benefit Obligations |
Benefit Obligation Weighted Average Assumption |  | 2024 |  |  | 2023 |
Discount rate |  | 5.22 | % |  | 4.94 | %
Weighted Average Assumptions Used to Determine Net Periodic Pension Costs |
Net Periodic Benefit Expense Weighted Average Assumptions |  | 2024 |  |  | 2023 |  |  | 2022 |
Discount rate |  | 4.94 | % |  | 3.58 | % |  | 3.01 | %
Expected long-term rate of return on plan assets |  | 5.00 | % |  | 5.00 | % |  | 5.00 | %
Changes in Projected Benefit Obligations and Plan Assets | Benefit Obligation
Change in Projected Benefit Obligation |  |  |  |  |  |
(thousands) |  |  | 2024 |  |  | 2023
Benefit obligation at beginning of year |  | $ | 17,104 |  | $ | 20,826
Interest cost |  |  | 812 |  |  | 683
Actuarial gain |  |  | (258) |  |  | (3,290)
Benefits paid |  |  | (1,169) |  |  | (1,115)
Benefit obligation at end of year (a) |  | $ | 16,489 |  | $ | 17,104
(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) |  |  | 2024 |  |  | 2023
Fair value of plan assets at beginning of year |  | $ | 17,176 |  | $ | 20,464
Actual gain (loss) on plan assets |  |  | 1,265 |  |  | (2,173)
Benefits paid |  |  | (1,169) |  |  | (1,115)
Fair value of plan assets at end of year |  | $ | 17,272 |  | $ | 17,176
Company's Asset Allocations by Asset Category |
Asset Category |  | Current Targeted |  |  | Actual Allocation
|  | Allocation |  |  | 2024 |  |  | 2023 |
Cash and cash equivalents |  |  |  |  | 2.1 | % |  | 0.7 | %
Fixed income |  | 70.0 | % |  | 70.0 | % |  | 62.7 | %
Equity securities |  | 30.0 | % |  | 27.9 | % |  | 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 30, 2024 |  |  | March 25, 2023
Assets in the fair value hierarchy |  |  |  |  |  |  |  |  |
Shares of registered investment companies |  |  | Level 1 |  | $ | 9,713 |  | $ | 11,200
Total assets in the fair value hierarchy |  |  |  |  |  | 9,713 |  |  | 11,200
Common collective trusts (b) |  |  |  |  |  | 7,195 |  |  | 5,855
Pooled separate accounts (b) |  |  |  |  |  | 364 |  |  | 121
Total plan assets |  |  |  |  | $ | 17,272 |  | $ | 17,176
(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) |  |  | 2024 |  |  | 2023
Unamortized net actuarial loss |  | $ | 4,570 |  | $ | 5,467
Amounts in Accumulated Other Comprehensive Loss (a) |  | $ | 4,570 |  | $ | 5,467
(a) $3,451 and $4,115, net of tax, at the end of 2024 and 2023, respectively.
Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Loss) Income |
Amounts in Other Comprehensive Income |  |  |  |  |  |  |  |  |
(thousands) |  |  | 2024 |  |  | 2023 |  |  | 2022
Net actuarial income |  | $ | 897 |  | $ | 513 |  | $ | 166
Amounts in Other Comprehensive Income (a) |  | $ | 897 |  | $ | 513 |  | $ | 166
(a) $664, $379, and $125, net of tax, during 2024, 2023, and 2022, respectively.

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