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Quarterly report pursuant to Section 13 or 15(d)

PENSION PLANS (Tables)

v3.24.4
PENSION PLANS (Tables)
9 Months Ended
Dec. 28, 2024
Retirement Benefits [Abstract] Ìý
Schedule of Components of Pension Cost
The components of pension cost for ÂÒÂ×°Íʿ’s defined benefit plans were as follows:
Ìý Three Months Ended December Nine Months Ended December
(In thousands) 2024 2023 2024 2023
Service cost – benefits earned during the period $ 2,475Ìý $ 2,224Ìý $ 7,381Ìý $ 6,653Ìý
Interest cost on projected benefit obligations 11,700Ìý 11,763Ìý 35,095Ìý 35,350Ìý
Expected return on plan assets (15,320) (15,882) (45,950) (47,661)
Settlement charges —Ìý 131Ìý —Ìý 3,430Ìý
Curtailments (638) —Ìý (638) —Ìý
Amortization of deferred amounts:
Net deferred actuarial losses 5,049Ìý 4,106Ìý 15,146Ìý 12,508Ìý
Deferred prior service credits (148) (136) (442) (408)
Net periodic pension cost $ 3,118Ìý $ 2,206Ìý $ 10,592Ìý $ 9,872Ìý