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Commercial Loans Receivable (Tables) | 3 Months Ended
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Jul. 01, 2023
Receivables [Abstract] |
Commercial Loans Receivables | Commercial loans receivable, net consisted of the following (in thousands):
| July 1, 2023 |  | April 1, 2023
Loans receivable | $ | 107,246 |  |  | $ | 103,726 |
Allowance for loan losses | (1,614) |  |  | (1,586) |
Deferred financing fees, net | (173) |  |  | (163) |
| 105,459 |  |  | 101,977 |
Less current portion of commercial loans receivable (including from affiliates), net | (50,263) |  |  | (44,054) |
| $ | 55,196 |  |  | $ | 57,923 |
Changes in the Allowance for Loan Losses on Commercial Loans Receivables | The following table represents changes in the estimated allowance for loan losses (in thousands):
|  |  | Three Months Ended
|  |  |  |  | July 1, 2023 |  | July 2, 2022
Balance at beginning of period |  |  |  |  | $ | 1,586 |  |  | $ | 1,011 |
Change in estimated loan losses, net |  |  |  |  | 28 |  |  | 43 |
Balance at end of period |  |  |  |  | $ | 1,614 |  |  | $ | 1,054 |
Commercial Loans Receivables by Class and Internal Credit Quality Indicator | The following table disaggregates our commercial loans receivable by credit quality indicator and fiscal year of origination (in thousands):
|  | July 1, 2023 |  |  |  |
|  | 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior |  | Total |  |  |  |
Performing |  | $ | 26,639 |  |  | $ | 63,412 |  |  | $ | 10,907 |  |  | $ | 3,268 |  |  | $ | 2,015 |  |  | $ | 1,005 |  |  | $ | 107,246 |  |  |  |  |
|  | April 1, 2023 |  |  |  |
|  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior |  | Total |  |  |  |
Performing |  | $ | 80,193 |  |  | $ | 16,028 |  |  | $ | 4,071 |  |  | $ | 2,203 |  |  | $ | 1,231 |  |  | $ | — |  |  | $ | 103,726 |  |  |  |  |
Geographic Concentration of Commercial Loans Receivables in Key States | As of July 1, 2023 and April 1, 2023, we had concentrations of our outstanding principal balance of the commercial loans receivable balance in New York of 17% and 18%, respectively. No other state had concentrations in excess of 10% of the outstanding principal balance of the commercial loans receivable as of July 1, 2023 or April 1, 2023.

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- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-5 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-29 + Details
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- Definition Tabular disclosure of allowance for credit loss of financing receivable, classified as noncurrent. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
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