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RETIREMENT PLANS (Tables)
 12 Months Ended
Apr. 01, 2023
Retirement Benefits [Abstract]  
Schedule of Components of Net Periodic Benefit Costs of Defined Benefit Pension Plans
Some of the Company’s foreign subsidiaries have defined benefit pension plans covering substantially all full time employees at those subsidiaries. Net periodic benefit costs for the plans in the aggregate include the following components:
(In thousands)202320222021
Service cost$1,453 $1,714 $1,861 
Interest cost on benefit obligation409 242 279 
Expected return on plan assets(180)(88)(66)
Actuarial loss19 189 119 
Amortization of unrecognized prior service cost(180)(175)(123)
Plan settlements(330)(184)— 
Totals$1,191 $1,698 $2,070 
Schedule of Activity Under Defined Benefit Plans
The activity under those defined benefit plans are as follows:
(In thousands)April 1,
2023		April 2,
2022
Change in Benefit Obligation:  
Benefit Obligation, beginning of year$(30,410)$(31,891)
Service cost(1,453)(1,714)
Interest cost(409)(242)
Benefits paid748 928 
Actuarial gain3,675 3,208 
Employee and plan participants contribution(1,599)(2,093)
Plan settlements1,775 1,367 
Foreign currency changes2,208 27 
Benefit obligation, end of year$(25,465)$(30,410)
Change in Plan Assets:  
Fair value of plan assets, beginning of year$17,447 $16,142 
Company contributions1,436 1,432 
Benefits paid(593)(719)
Gain (loss) on plan assets105 (108)
Employee and plan participants contribution1,670 2,077 
Plan settlements(1,647)(1,356)
Foreign currency changes45 (21)
Fair value of plan assets, end of year$18,463 $17,447 
Funded Status*
$(7,002)$(12,963)
Unrecognized net actuarial gain(3,757)(236)
Unrecognized prior service cost(1,133)(1,099)
Net amount recognized$(11,892)$(14,298)
* Substantially all of the unfunded status is non-current
Schedule of Components of Change Recorded in Accumulated Other Comprehensive Income Related to Defined Benefit Plans, Net of Tax
The components of the change recorded in the Company’s accumulated other comprehensive loss related to its defined benefit plans, net of tax, are as follows (in thousands):
Balance as of March 28, 2020$(209)
Actuarial loss(221)
Prior service cost(130)
Balance as of April 3, 2021$(560)
Actuarial gain2,532 
Prior service cost(194)
Plan settlements (159)
Balance as of April 2, 2022$1,619 
Actuarial gain2,695 
Prior service credit46 
Plan settlements(285)
Balance as of April 1, 2023$4,075 
Schedule of Weighted Average Rates Used to Determine Net Periodic Benefit Costs
The weighted average rates used to determine the net periodic benefit costs and projected benefit obligations were as follows:
202320222021
Discount rate2.43 %1.38 %0.58 %
Rate of increased salary levels1.94 %1.81 %1.64 %
Expected long-term rate of return on assets0.87 %0.69 %0.42 %
Schedule of Estimated Future Benefit Payments Estimated future benefit payments are as follows:
(In thousands) 
Fiscal 2024$1,453 
Fiscal 20251,352 
Fiscal 20261,474 
Fiscal 20271,733 
Fiscal 20281,809 
Fiscal 2029-203311,654