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Note 10 - Retirement Plans
6 Months Ended
Sep. 30, 2023
Notes to Financial Statements  
Retirement Benefits [Text Block]

10.

Retirement Plans

 

The net periodic benefit cost for the Company’s pension plan consisted of (in thousands):

 

  

Three Months Ended

  

Six Months Ended

 
  

September 30,

  

October 1,

  

September 30,

  

October 1,

 
  

2023

  

2022

  

2023

  

2022

 

Service cost including administration

 $1,737  $2,435  $3,473  $4,870 

Interest cost

  2,818   2,374   5,636   4,748 

Expected return on plan assets

  (4,175)  (4,026)  (8,349)  (8,051)

Amortization of prior service cost

  19   23   38   46 

Amortization of net loss

  -   103   -   205 

Net periodic benefit cost

 $399  $909  $798  $1,818 

 

There were no pension contributions made during the six months ended September 30, 2023 and October 1, 2022.