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Leases | 12 Months Ended
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Mar. 28, 2021
Leases [Abstract] |
Lessee, Operating Leases | Leases Lease Obligations. As of March 28, 2021, we were obligated under operating lease agreements for certain manufacturing facilities, warehouse space, the land on which some of our facilities sit, vehicles and information technology equipment. Our leases have remaining lease terms of 1 year to 23 years, some of which include options to extend the lease for up to 15 years. As of March 28, 2021 and March 29, 2020, our operating lease components with initial or remaining terms in excess of one year were classified on the consolidated balance sheet within right of use assets, short-term lease liability and long-term lease liability. Total lease expense was $2.8 million for the both twelve months ended March 28, 2021 and March 29, 2020, and includes leases less than 12 months in duration. Our facility in Fullerton, California is leased from a party related to Daniel Stauber, one of our Board members. The total amount of lease expense related to this lease in fiscal 2021 was $0.5 million, of which less than $0.1 million was attributable to Mr. Stauber. We have included $5.7 million on our balance sheet as a right-of-use asset, with a corresponding equal amount of lease liabilities, related to this lease. Other information related to our operating leases was as follows:
| March 29, 2021 |  | March 29, 2020
Lease Term and Discount Rate |  |  |
Weighted average remaining lease term (years) | 9.73 |  | 8.73
Weighted average discount rate | 2.7 | % |  | 4.1 | %
Maturities of lease liabilities as of March 28, 2021 were as follows:
(In thousands) |  | Operating Leases
Fiscal 2022 |  | $ | 1,831 |
Fiscal 2023 |  | 1,707 |
Fiscal 2024 |  | 1,355 |
Fiscal 2025 |  | 1,304 |
Fiscal 2026 |  | 1,251 |
Thereafter |  | 6,280 |
Total |  | $ | 13,728 |
Less: Interest |  | (1,910) |
Present value of lease liabilities |  | $ | 11,818 |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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