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Property, Plant and Equipment
12 Months Ended
Mar. 31, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

NOTE 4 – PROPERTY, PLANT AND EQUIPMENT



The major classifications of property, plant and equipment are as follows:







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2018

 

March 25, 2017

 

 

 

 

 

Assets Under

 

 

 

 

 

 

 

Assets Under

 

 

 

 

 

 

 

 

Capital Lease/

 

 

 

 

 

 

 

Capital Lease/

 

 

 

 

 

Assets

 

Financing

 

 

 

 

Assets

 

Financing

 

 

 

 

 

Owned

 

Obligations

 

Total

 

Owned

 

Obligations

 

Total

 

 

(Dollars in thousands)

Land

 

$

85,843 

 

 

 

 

$

85,843 

 

$

83,675 

 

 

 

 

$

83,675 

Buildings and improvements

 

 

232,109 

 

$

171,288 

 

 

403,397 

 

 

223,566 

 

$

147,786 

 

 

371,352 

Equipment, signage and fixtures

 

 

242,510 

 

 

 

 

 

242,510 

 

 

225,977 

 

 

 

 

 

225,977 

Vehicles

 

 

32,380 

 

 

 

 

 

32,380 

 

 

28,831 

 

 

 

 

 

28,831 

Construction-in-progress

 

 

3,734 

 

 

 

 

 

3,734 

 

 

3,164 

 

 

 

 

 

3,164 

 

 

 

596,576 

 

 

171,288 

 

 

767,864 

 

 

565,213 

 

 

147,786 

 

 

712,999 

Less - Accumulated
  depreciation and amortization

 

 

304,762 

 

 

46,433 

 

 

351,195 

 

 

282,196 

 

 

36,169 

 

 

318,365 

 

 

$

291,814 

 

$

124,855 

 

$

416,669 

 

$

283,017 

 

$

111,617 

 

$

394,634 



Depreciation expense totaled $44.3 million, $39.5 million and $36.0 million for the fiscal years ended March 2018, 2017 and 2016, respectively.



Amortization expense recorded under capital leases and financing obligations and included in depreciation expense above totaled $12.3 million, $9.5 million and $7.5 million for the fiscal years ended March 2018, 2017 and 2016, respectively.