Retirement Plans - Schedule of Changes in Benefit Obligations and Plan Assets (Details) - Pension Plan - USD ($) $ in Thousands |
12 Months Ended | ||
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Mar. 29, 2024 |
Mar. 31, 2023 |
Mar. 25, 2022 |
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Obligation and funded status of plan: | |||
Benefit obligation at beginning of year | $ 14,730 | $ 15,080 | |
Service cost | 1,345 | 1,358 | $ 1,554 |
Interest cost | 907 | 763 | 637 |
Prior service cost | 62 | 0 | |
Benefits paid | (1,022) | (1,014) | |
Actuarial (loss) gain | 683 | (908) | |
Foreign currency exchange rate changes | (511) | (549) | |
Benefit obligation at end of year | 16,194 | 14,730 | 15,080 |
Change in plan assets: | |||
Fair value of plan assets at beginning of year | 7,168 | 7,097 | |
Actual return on plan assets | 452 | (189) | |
Employer contributions | 1,230 | 1,463 | |
Benefits paid | (937) | (952) | |
Foreign currency exchange rate changes | (248) | (251) | |
Fair value of plan assets at end of year | 7,665 | 7,168 | $ 7,097 |
Underfunded status at end of year | $ (8,529) | $ (7,562) |
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- Definition Defined Benefit Plan, Benefit Obligation, Unrecognized Prior Service (Credit) Cost No definition available.
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- Definition Amount of increase (decrease) in plan assets of defined benefit plan from actual return (loss) determined by change in fair value of plan assets adjusted for contributions, benefit payments, and other expenses. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of gain (loss) from change in actuarial assumptions which (increases) decreases benefit obligation of defined benefit plan. Assumptions include, but are not limited to, interest, mortality, employee turnover, salary, and temporary deviation from substantive plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of actuarial present value of benefits attributed to service rendered by employee for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of payment to participant of defined benefit plan which decreases benefit obligation. For pension plan, payment includes, but is not limited to, pension benefits and death benefits. For other postretirement plan, payment includes, but is not limited to, prescription drug benefits, health care benefits, life insurance benefits, and legal, educational and advisory services. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Amount of asset segregated and restricted to provide benefit under defined benefit plan. Asset includes, but is not limited to, stock, bond, other investment, earning from investment, and contribution by employer and employee. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of foreign currency translation gain (loss) which (increases) decreases benefit obligation of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of funded (unfunded) status of defined benefit plan, measured as difference between fair value of plan assets and benefit obligation. Includes, but is not limited to, overfunded (underfunded) status. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of cost recognized for passage of time related to defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of payment to participant under defined benefit plan which decreases plan assets. For pension plan, payment includes, but is not limited to, pension benefits and death benefits. For other postretirement plan, payment includes, but is not limited to, prescription drug benefits, health care benefits, life insurance benefits, and legal, educational and advisory services. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of contributions received by defined benefit plan from participant which increases plan assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of foreign currency translation gain (loss) which increases (decreases) plan assets of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of cost for actuarial present value of benefits attributed to service rendered by employee for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Details
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