Property, Plant and Equipment, net

6 Months Ended

Sep. 26, 2025

Property, Plant and Equipment [Abstract]

7. Property, Plant and Equipment, net

Property, plant and equipment, net, is stated at cost and consisted of the following:


	September 26, 2025			March 28, 2025
Land	$	25,226		$	25,175
Buildings, building improvements and leasehold improvements		67,501			66,258
Machinery and equipment		691,511			670,902
Office equipment		7,457			6,677
Right-of-use asset		8,931			8,182
Construction in progress		42,764			51,580
Total		843,390			828,774
Less accumulated depreciation		(542,952	)		(525,855	)
Total	$	300,438		$	302,919

Total depreciation expense amounted to $9,600 and $18,775 for the three- and six-month periods ended September 26, 2025, respectively, and $9,237 and $19,034 for the three- and six-month periods ended September 27, 2024, respectively. Total amortization expense for the right-of-use asset amounted to $348 and $691 for the three- and six-month periods ended September 26, 2025, respectively, and $349 and $698 for the three- and six-month periods ended September 27, 2024, respectively.

Property, plant and equipment, net, including improvements that significantly add to productive capacity or extend useful life, are stated at historical cost, less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. The Company periodically reviews the estimated useful lives of property, plant and equipment. Changes to estimated useful lives are recorded prospectively from the date of the change. Maintenance and repairs expenditures are charged to expense as incurred.

The Company classified various units of machinery and equipment as held for sale, as management approved a plan in the fourth quarter of fiscal year 2025 to market these assets to third-party buyers. The planned disposal of these assets does not constitute a strategic shift in the Company’s operations and therefore does not meet the discontinued operations criteria. These assets are intended to be sold within one year of their designation as held for sale. Assets held for sale are measured at the lower of carrying value or the fair value less cost to sell. As of both September 26, 2025 and March 28, 2025, the value of these assets was measured at $16,508.