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Commitments

12 Months Ended

Mar. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

Commitments

12. Commitments:

Operating leases:

The Company leases all of its retail stores under operating leases. The rental costs are based on minimum annual rentals and for some of the stores, a percentage of sales. Such percentage of sales varies by location. In addition, most leases are subject to annual adjustments for increases in real estate taxes and common area maintenance costs. The Company also has operating leases for certain equipment.

Future minimum lease payments for the next five years and thereafter are as follows (in thousands):

Year ending March:
2020		$	10,231
2021			13,144
2022			12,905
2023			12,795
2024			12,401
Thereafter			69,245
		$	130,721

Rent expense from continuing operations for the Company was approximately $15.4 million for year ended March 30, 2019, $14.3 million for year ended March 31, 2018, and $15.1 million, for the year ended March 25, 2017.

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- References

No definition available.

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- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-URI http://asc.fasb.org/topic&trid=2144648

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