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Commitments and Contingencies
9 Months Ended
Dec. 24, 2022
Commitments and Contingencies [Abstract]  
Commitments and Contingencies Note 9 – Commitments and Contingencies

Commitments

Commitments Due by Period

Within

2 to

4 to

After

(thousands)

Total

1 Year

3 Years

5 Years

5 Years

Principal payments on long-term debt

$

130,000 

$

130,000 

Finance lease commitments/financing obligations (a)

432,584 

$

54,725 

$

102,549 

94,119 

$

181,191 

Operating lease commitments (a)

262,202 

43,232 

78,285 

61,243 

79,442 

Accrued rent

254 

175 

30 

24 

25 

Total

$

825,040 

$

98,132 

$

180,864 

$

285,386 

$

260,658 

(a)Finance and operating lease commitments represent future undiscounted lease payments and include $94.6 million and $60.6 million, respectively, related to options to extend lease terms that are reasonably certain of being exercised.

Contingencies

We are currently a party to various claims and legal proceedings incidental to the conduct of our business. If management believes that a loss arising from any of these matters is probable and can reasonably be estimated, we will record the amount of the loss, or the minimum estimated liability when the loss is estimated using a range, and no point within the range is more probable than another. As additional information becomes available, any potential liability related to these matters is assessed and the estimates are revised, if necessary. Litigation is subject to inherent uncertainties, and unfavorable rulings could occur and may include monetary damages. If an unfavorable ruling were to occur, there exists the possibility of a material adverse impact on the financial position and results of operations of the period in which any such ruling occurs, or in future periods.

A purported class action filed in March 2021 and a related Private Attorneys General Action (PAGA) filed in September 2021 in Los Angeles County Superior Court of California alleges we violated the rights of certain hourly, non-exempt employees in California under state wage and hour laws.  The matter is in the early stage of discovery and we intend to vigorously defend the Company.  The parties have participated in mediation and have agreed to continue settlement discussions.  We included $0.5 million in OSG&A expenses in our Consolidated Statements of Income and Comprehensive Income for the three months and nine months ended December 24, 2022 for this matter.