Fair Value Measurements (Tables)

12 Months Ended

Mar. 30, 2024

Fair Value Disclosures [Abstract]

Summary of the Fair Value and Carrying Value of Financial Instruments

The book value and estimated fair value of our financial instruments were as follows (in thousands): 

	March 30, 2024				April 1, 2023
	Book Value		Estimated Fair Value		Book Value		Estimated Fair Value
Available-for-sale debt securities (1)	$	18,669	$	18,669	$	18,555	$	18,555
Marketable equity securities (2)	11,961		11,961		9,989		9,989
Non-marketable equity investments (3)	4,956		4,956		5,073		5,073
Consumer loans receivable (4) (5)	44,067		49,105		44,148		50,686
Commercial loans receivable (5)	91,041		80,764		101,977		97,106
Other secured financing (6)	(1,916)		(1,841)		(2,379)		(2,332)

(1)    Level 2: The fair value is based on observable market prices for identical securities. When observable market prices for identical securities are not available, we price our marketable debt instruments using non-binding market consensus prices that are corroborated with observable market data; quoted market prices for similar instruments; or pricing models, such as a discounted cash flow model, with all significant inputs derived from or corroborated with observable market data.

(2)    Level 1: The fair value is based on quoted market prices.

(3)    Level 3: The fair value approximates book value based on the non-marketable nature of the investments.

(4)    Level 3: Includes consumer loans receivable held for investment, held for sale and construction advances.

(5)    Level 3: The fair value is estimated using market interest rates of comparable loans.

(6)    Level 2: The fair value is based on the discounted value of the expected remaining principal and interest cash flows.

Capitalized Mortgage Servicing Rights

	March 30, 2024			April 1, 2023
Number of loans serviced with MSRs	3,842			4,070
Weighted average servicing fee (basis points)	34.79			34.71
Capitalized servicing multiple	188.59		%	98.99		%
Capitalized servicing rate (basis points)	65.61			34.36
Serviced portfolio with MSRs (in thousands)	$	482,898		$	520,458
MSRs (in thousands)	$	3,168		$	1,788