Impairment of Assets

6 Months Ended

Sep. 26, 2020

Asset Impairment Charges [Abstract]

Impairment of Assets

Impairment of Assets

The Company recorded non-cash impairment charges of $22.2 million and $24.3 million during the three-month and six-month periods ended September 26, 2020, respectively, and $2.3 million and $3.5 million during the three-month and six-month periods ended September 28, 2019, respectively, to write-down certain long-lived assets in connection with its restructuring activities (see Note 8).

Additionally, the Company recorded non-cash impairment charges of $8.8 million during the three-month and six-month periods ended September 26, 2020 to write-down long-lived assets primarily related to a certain previously exited real estate location for which the related lease agreement has not yet expired. During the three-month and six-month periods ended September 28, 2019, the Company recorded non-cash impairment charges of $3.8 million to write-down certain long-lived assets related to underperforming stores as a result of its on-going store portfolio evaluation.

See Note 11 for further discussion of these impairment charges.