XML 34 R32.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases (Tables)
9 Months Ended
Dec. 28, 2019
Leases [Abstract]  
Summary of Lease Expense Included in Condensed Consolidated Statement of Operations Lease expense included in the accompanying condensed consolidated statement of operations is shown below:

 

(Dollars in thousands)

 

Three Months Ended December 28, 2019

 

 

Nine Months Ended December 28, 2019

 

Operating lease expense

 

$

1,359

 

 

$

4,234

 

Short-term lease expense

 

 

402

 

 

 

1,005

 

Total lease expense

 

$

1,761

 

 

$

5,239

 

 

Schedule of Operating Lease Assets Included in Condensed Consolidated Balance Sheet

Operating lease assets and obligations included in the accompanying condensed consolidated balance sheet are shown below:

 

(Dollars in thousands)

 

December 28,

2019

 

Right-of-use assets under operating leases:

 

 

 

 

Other long-term assets

 

$

11,616

 

Lease obligations under operating leases:

 

 

 

 

Other current liabilities

 

 

3,826

 

Other long-term liabilities

 

 

7,790

 

Total lease obligation

 

$

11,616

 

 

Summary of Maturities of Lease Obligations

Maturities of lease obligations as of December 28, 2019, are shown below:

 

(Dollars in thousands)

 

December 28,

2019

 

Fiscal 2020 (1)

 

$

1,133

 

Fiscal 2021

 

 

4,155

 

Fiscal 2022

 

 

3,090

 

Fiscal 2023

 

 

2,234

 

Fiscal 2024

 

 

912

 

Thereafter

 

 

2,214

 

Total undiscounted cash flows

 

 

13,738

 

Less: imputed interest

 

 

(2,122

)

Lease obligations under operating leases

 

$

11,616

 

(1)

For remaining period in fiscal year.

Schedule of Weighted Average Remaining Lease Term and Discount Rate

The weighted average lease term and discount rate for operating leases are shown below:

 

 

 

December 28,

2019

 

Weighted average remaining lease term (in years)

 

 

5.1

 

Weighted average discount rate

 

 

5.6

 

 

Schedule of Cash Flow Information Related to Operating Leases

Cash flow information related to operating leases is shown below:

 

(Dollars in thousands)

 

Nine Months Ended December 28, 2019

 

Non-cash activity:

 

 

 

 

Right-of-use assets obtained in exchange for operating lease obligations

 

$

1,711

 

Operating cash flows:

 

 

 

 

Cash paid related to operating lease obligations

 

$

4,262