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v3.24.1.1.u2

Leases (Tables) | 12 Months Ended
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Mar. 29, 2024
Leases [Abstract] |
Lease, Cost | Operating lease cost is recognized on a straight-line basis over the lease term, while finance lease cost is amortized over the expected term on a straight-line basis. Information regarding the Company’s operating and finance leases are as follows:
|  | Fiscal Year Ended |
|  | March 29, 2024 |  |  | March 31, 2023 |  |  | March 25, 2022 |
Operating leases |  |  |  |  |  |  |  |  |
Operating lease expense |  | $ | 6,369 |  |  | $ | 4,833 |  |  | $ | 4,648 |
Short term lease expense |  |  | 39 |  |  |  | 326 |  |  |  | 584 |
Other information: |  |  |  |  |  |  |  |  |
Cash paid for operating leases |  | $ | 6,305 |  |  | $ | 5,034 |  |  | $ | 5,289 |
Weighted-average remaining lease term - operating leases |  | 4.4 years |  |  | 4.57 years |  |  | 5.17 years |
Weighted-average discount rate – operating leases |  |  | 6.1 | % |  |  | 5.3 | % |  |  | 4.5 | %
|  | Fiscal Year Ended |
|  | March 29, 2024 |  |  | March 31, 2023 |  |  | March 25, 2022 |
Finance leases |  |  |  |  |  |  |  |  |
Amortization of right-of-use assets |  | $ | 581 |  |  | $ | — |  |  | $ | — |
Interest on lease liabilities |  |  | 29 |  |  |  | — |  |  |  | — |
Weighted-average remaining lease term - finance leases |  | 5.6 years |  |  |  | — |  |  |  | — |
Weighted-average discount rate - finance leases |  |  | 7.7 | % |  |  | — |  |  |  | — |
Finance leases are recorded in the following line items within the consolidated balance sheets:
|  | March 29, 2024 |  |  | March 31, 2023 |
Property, plant and equipment |  | $ | 7,641 |  |  | $ | — |
Current portion of long-term debt |  |  | 1,429 |  |  |  | — |
Long-term debt |  |  | 7,009 |  |  |  | — |
Schedule of Future Minimum Lease Payments under Operating and Finance Leases | As of March 29, 2024, future minimum lease payments under operating and finance leases as follows:
|  | Operating Leases |  |  | Finance Leases |
2025 |  | $ | 6,428 |  |  | $ | 1,751 |
2026 |  |  | 5,680 |  |  |  | 1,751 |
2027 |  |  | 4,804 |  |  |  | 1,751 |
2028 |  |  | 3,890 |  |  |  | 1,751 |
2029 |  |  | 2,144 |  |  |  | 1,751 |
Thereafter |  |  | 2,135 |  |  |  | 1,311 |
Total lease payments |  | $ | 25,081 |  |  | $ | 10,066 |
Less: imputed interest |  |  | (3,414 | ) |  |  | (1,628 | )
Total lease liabilities |  | $ | 21,667 |  |  | $ | 8,438 |

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- Definition Lessee operating and finance lease liability maturity. + References No definition available. + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- References No definition available. + Details
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