PENSION PLANS - Components of Pension Cost (Details) - USD ($) $ in Thousands |
3 Months Ended | |
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Jun. 27, 2020 |
Jun. 29, 2019 |
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Retirement Benefits [Abstract] | ||
Service cost – benefits earned during the period | $ 3,632 | $ 3,381 |
Interest cost on projected benefit obligations | 11,948 | 14,761 |
Expected return on plan assets | (20,539) | (23,178) |
Amortization of deferred amounts: | ||
Net deferred actuarial losses | 2,863 | 4,019 |
Deferred prior service costs (credits) | (17) | 13 |
Net periodic pension cost (income) | $ (2,113) | $ (1,004) |
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- References No definition available.
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- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of prior service cost (credit) recognized in net periodic benefit cost (credit) of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expected return (loss) recognized in net periodic benefit (cost) credit, calculated based on expected long-term rate of return and market-related value of plan assets of defined benefit plan. 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/disclosureRef
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- Definition Amount of net periodic benefit cost (credit) for 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/disclosureRef
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- Definition Defined Benefit Plan, Amortization of Deferred Amounts [Abstract] No definition available.
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