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Leases (Tables) | 3 Months Ended
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Jun. 27, 2020
Leases [Abstract] |
Summary of Lease Expense Included in Condensed Consolidated Income Statements | Lease expense included in the accompanying condensed consolidated income statements is shown below:
(Dollars in thousands) |  | Three Months Ended June 27, 2020 |  |  | Three Months Ended June 29, 2019 |
Operating lease expense |  | $ | 1,383 |  |  | $ | 1,405 |
Short-term lease expense |  |  | 456 |  |  |  | 373 |
Total lease expense |  | $ | 1,839 |  |  | $ | 1,778 |
Schedule of Operating Lease Assets Included in Condensed Consolidated Balance Sheet | Op erating lease assets and obligations included in the accompanying condensed consolidated balance sheets are below:
(Dollars in thousands) |  | June 27, 2020 |  |  | March 28, 2020 |
Right-of-use assets under operating leases: |  |  |  |  |  |  |  |
Other long-term assets |  | $ | 13,440 |  |  | $ | 14,808 |
Lease obligations under operating leases: |  |  |  |  |  |  |  |
Other current liabilities |  | $ | 4,502 |  |  | $ | 4,789 |
Other long-term liabilities |  |  | 8,938 |  |  |  | 10,019 |
Total lease obligation |  | $ | 13,440 |  |  | $ | 14,808 |
Summary of Maturities of Lease Obligations | Maturities of lease obligations as of June 27, 2020, are shown below:
(Dollars in thousands) |  | June 27, 2020 |
Fiscal 2021 (1) |  | $ | 4,081 |
Fiscal 2022 |  |  | 4,714 |
Fiscal 2023 |  |  | 3,655 |
Fiscal 2024 |  |  | 1,547 |
Fiscal 2025 |  |  | 777 |
Thereafter |  |  | 1,712 |
Total undiscounted cash flows |  |  | 16,486 |
Less: imputed interest |  |  | (3,046 | )
Lease obligations under operating leases |  | $ | 13,440 |
(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:
|  | June 27, 2020 |
Weighted-average remaining lease term (in years) |  |  | 4.6 |
Weighted-average discount rate |  |  | 5.5 |
Schedule of Cash Flow Information Related to Operating Leases | Cash flow information related to operating leases is shown below:
|  | Three Months Ended |
(Dollars in thousands) |  | June 27, 2020 |  |  | June 29, 2019 |
Non-cash activity: |  |  |  |  |  |  |  |
Right-of-use assets obtained in exchange for operating lease obligations |  | $ | — |  |  | $ | 854 |
Operating cash flows: |  |  |  |  |  |  |  |
Cash paid related to operating lease obligations |  | $ | 1,410 |  |  | $ | 1,534 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
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