XML 30 R16.htm IDEA: XBRL DOCUMENT v3.23.1
Impairment of Assets
12 Months Ended
Apr. 01, 2023
Asset Impairment Charges [Abstract]  
Impairments of Assets Impairment of Assets
During Fiscal 2023, the Company recorded impairment charges of $9.7 million to write-down certain long-lived assets, of which $9.5 million related to a certain previously exited real estate location for which the related lease agreement has not yet expired and $0.2 million related to its restructuring plans (see Note 9).
During Fiscal 2022, the Company recorded impairment charges of $21.3 million to write-down certain long-lived assets in connection with its restructuring plans (see Note 9).
During Fiscal 2021, the Company recorded impairment charges of $96.0 million to write-down certain long-lived assets, of which $69.4 million related to its restructuring plans (see Note 9), $17.5 million related to underperforming stores identified through its ongoing store portfolio evaluation and adverse impacts associated with COVID-19 business disruptions, and $9.1 million related to certain previously exited real estate locations for which the related lease agreements had not yet expired.
See Note 12 for further discussion of these impairment charges recorded during the fiscal years presented.