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Leases (Tables) | 12 Months Ended
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Mar. 29, 2025
Leases [Abstract] |
Consolidated Statement of Operations | Amounts recognized in the consolidated statement of operations were as follows:
|  | March 29, 2025 |  |  | March 30, 2024 |  |  | March 25, 2023 |
|  |  |  | (In thousands) |  |  |  |
Fixed operating lease expense |  | $ | 9,613 |  |  | $ | 11,874 |  |  | $ | 12,053 |
Variable operating lease expense |  |  | 5,109 |  |  |  | 5,569 |  |  |  | 5,007 |
Total lease expense |  | $ | 14,722 |  |  | $ | 17,443 |  |  | $ | 17,060 |
Supplemental Cash Flow Information Operating Lease | The following table provides supplemental cash flow information related to the Company’s operating leases:
|  | March 29, 2025 |  |  | March 30, 2024 |  |  | March 25, 2023 |
|  |  |  | (In thousands) |  |  |  |
Cash outflows from operating activities attributable to operating leases (1) |  | $ | 13,370 |  |  | $ | 13,422 |  |  | $ | 14,235 |
Right-of-use assets obtained in exchange for Operating lease liabilities (2) |  | $ | 4,672 |  |  | $ | 1,503 |  |  | $ | 2,579 |
(1) | There were no rent concessions associated to base rent for the period ended March 29, 2025. Net of nil and $0.2 million rent concessions associated to base rent for the periods ended March 30, 2024 and March 25, 2023, respectively.
(2) | Right-of-use assets obtained are recognized net of leasehold inducements. For the period ending March 29, 2025, leasehold inducements totaled $1.9 million of which $0.3 million is included in Accounts Receivable and other receivables. For the period ending March 30, 2024, leasehold inducements totaled $1.7 million of which $0.8 million is included in Accounts Receivable and other receivables.
Consolidated Balance Sheet For Operating Leases And Finance Leases | The following table reconciles the undiscounted cash flows expected to be paid in each of the next five fiscal years and thereafter to the operating lease liability recorded on the Consolidated Balance Sheet for operating leases and finance leases which is included in long-term debt as of March 29, 2025.
|  | Minimum Lease Payments as of March 29, 2025 |
|  | (in thousands) |
Year ending March: |  |  | Operating |
2026 |  | $ | 11,146 |
2027 |  |  | 9,687 |
2028 |  |  | 8,609 |
2029 |  |  | 7,815 |
2030 |  |  | 7,280 |
Thereafter |  |  | 18,788 |
Total minimum lease payments |  |  | 63,325 |
Less: amount of total minimum lease payments representing interest |  |  | (17,767 | )
Present value of future total minimum lease payments |  |  | 45,558 |
Less: current portion of lease liabilities |  |  | (6,929 | )
Long-term lease liabilities |  | $ | 38,629 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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