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Bank indebtedness (Tables) | 12 Months Ended
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Mar. 26, 2022
Debt Disclosure [Abstract] |
Summary of Company's Senior Credit Facility | The information concerning the Company’s bank indebtedness is as follows:
|  | Fiscal Year Ended |
|  | March 26, 2022 |  |  | March 27, 2021 |
|  | (In thousands) |
Maximum borrowing outstanding during the year |  | $ | 56,155 |  |  | $ | 64,121 |
Average outstanding balance during the year |  | $ | 47,155 |  |  | $ | 56,807 |
Weighted average interest rate for the year |  |  | 2.7 | % |  |  | 2.9 | %
Effective interest rate at year-end |  |  | 3.0 | % |  |  | 2.6 | %

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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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