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Commercial Loans Receivables (Tables)
 3 Months Ended
Jun. 27, 2020
Receivables [Abstract]  
Commercial Loans Receivables
Commercial loans receivable, net consisted of the following, by class of financing notes receivable (in thousands):
June 27,
2020		March 28,
2020
Direct loans receivable$44,915  $47,058  
Participation loans receivable166  144  
Allowance for loan losses (828) (393) 
Deferred financing fees, net(244) (244) 
$44,009  $46,565  
Changes in the Allowance for Loan Losses on Commercial Loans Receivables
The following table represents changes in the estimated allowance for loan losses, including related additions and deductions to the allowance for loan losses (in thousands):
Three Months Ended
June 27,
2020		June 29,
2019
Balance at beginning of period
$393  $180  
Impact of adoption of ASU 2016-13435  —  
Change in estimated loan losses, net
—  11  
Loans charged off, net of recoveries
—  —  
Balance at end of period
$828  $191  
Commercial Loans Receivables by Class and Internal Credit Quality Indicator
The following table disaggregates the Company's commercial loans receivable by credit quality indicator and fiscal year of origination (in thousands):
June 27, 2020
20212020201920182017TotalMarch 28,
2020
Risk profile based on payment activity:
Performing
$13,074  $18,359  $9,370  $2,534  $1,619  $44,956  $47,016  
Watch list
—  —  125  —  —  125  186  
Nonperforming
—  —  —  —  —  —  —  
$13,074  $18,359  $9,495  $2,534  $1,619  $45,081  $47,202  
Geographic Concentration of Commercial Loans Receivables in Key States As of June 27, 2020 and March 28, 2020, 10.0% and 11.0%, respectively, of the Company's outstanding commercial loans receivable principal balance was concentrated in California. Other than California, no state had concentrations in excess of 10% of the principal balance of the consumer loans receivable as of June 27, 2020 or March 28, 2020.