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Leases | 12 Months Ended
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Mar. 25, 2023
Leases [Abstract] |
Leases | Leases The Company has operating leases for corporate offices and certain office equipment. Our leases have remaining lease terms of 1 year to 26 years, some of which include options to extend the leases that are considered reasonably certain to be exercised. There are no residual value guarantees in any of our leases. No restrictions or covenants have been imposed on the Company as a result of the lease agreements in place. All of the Company’s leases have been classified as operating leases. The components of net operating lease expense were as follows (in thousands):
|  | Fiscal Years Ended
|  | March 25, 2023 |  | March 26, 2022
Operating lease - in excess of 12 months |  | $ | 18,071 |  |  | $ | 14,901 |
Variable lease |  | 6,226 |  |  | 4,954 |
Short-term lease |  | 86 |  |  | 22 |
Operating lease income |  | (464) |  |  | (1,518) |
Total net operating lease expense |  | $ | 23,919 |  |  | $ | 18,359 |
Supplemental operating lease information:
|  | Fiscal Years Ended
|  | March 25, 2023 |  | March 26, 2022
Balance Sheet Information (in thousands) |  |  |  |
Operating lease right-of-use assets |  | $ | 128,145 |  |  | $ | 171,003 |
Operating lease liabilities |  | $ | 141,073 |  |  | $ | 177,842 |
Cash Flow Information (in thousands) |  |  |  |
Operating cash flows from operating leases |  | $ | 14,531 |  |  | $ | 14,634 |
Non-Cash Information |  |  |  |
Right-of-use assets obtained in exchange for new operating lease liabilities |  | 4,381 |  |  | 46,123 |
Lease remeasurements |  | (28,965) |  |  | — |
Lease impairments |  | (5,579) |  |  | — |
Operating Lease Information |  |  |  |
Weighted-average remaining lease term - operating leases (in years) |  | 13 |  | 16
Weighted-average discount rate - operating leases |  | 4 | % |  | 4 | %
As of March 25, 2023, we have an additional operating lease, that has not yet commenced, with estimated lease obligations of approximately $24 million. This operating lease will commence in fiscal year 2024 with a lease term of approximately 10 years. Future lease commitments under non-cancellable leases, including extension options reasonably anticipated to be exercised as of March 25, 2023, are as follows (in thousands):
Fiscal Year |  | Operating Lease Expense
2024 |  | $ | 18,631 |
2025 |  | 19,598 |
2026 |  | 18,043 |
2027 |  | 16,489 |
2028 |  | 16,882 |
Thereafter |  | 106,651 |
Total |  | $ | 196,294 |
Less imputed interest and other |  | (55,221) |
Total |  | $ | 141,073 |
Operating lease liabilities consisted of the following (in thousands):
|  | March 25, 2023 |  | March 26, 2022
Current lease liabilities |  | $ | 18,442 |  |  | $ | 14,680 |
Non-current lease liabilities |  | 122,631 |  |  | 163,162 |
Total operating lease liabilities |  | $ | 141,073 |  |  | $ | 177,842 |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
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