Leases (Tables)

12 Months Ended

Mar. 29, 2025

Schedule of Assets And Liabilities, Lessee

The following table provides information about the financial statement classification of our lease balances reported within the Consolidated Balance Sheets as of March 29, 2025 and March 30, 2024 (in thousands):


	Classification	March 29, 2025		March 30, 2024
ROU assets
Operating lease assets	Operating lease right-of-use assets	$	35,576	$	39,027
Finance lease assets	Property, plant and equipment, net (1)	5,738		5,913
Total lease assets		$	41,314	$	44,940

Lease Liabilities
Current:
Operating lease liabilities	Accrued expenses and other current liabilities	$	5,925	$	5,303
Finance lease liabilities	Accrued expenses and other current liabilities	83		80
Non-current:
Operating lease liabilities	Operating lease liabilities	31,538		35,148
Finance lease liabilities	Other liabilities	6,003		6,086
Total lease liabilities		$	43,549	$	46,617

(1) Recorded net of accumulated amortization of $0.6 million and $0.4 million as of March 29, 2025 and March 30, 2024, respectively.

Schedule of Lease, Cost

The following table provides information about the financial statement classification of our lease expenses reported within the Consolidated Statements of Comprehensive Income for the years ended March 29, 2025, March 30, 2024 and April 1, 2023 (in thousands):


		Year Ended
Lease Expense Category	Classification	March 29, 2025		March 30, 2024		April 1, 2023
Operating lease expense (2)
	Cost of sales	$	1,119	$	1,119	$	1,190
	Selling, general and administrative expenses	5,037		4,693		4,059
Finance lease expense
Amortization of leased assets	Cost of sales	145		175		175
Interest on lease liabilities	Interest expense	276		279		283
Total lease expense		$	6,577	$	6,266	$	5,707

(2) Excludes short-term and variable lease expenses, which are immaterial.

Cash payments for operating and finance leases were as follows (in thousands):


	March 29, 2025		March 30, 2024		April 1, 2023
Operating leases	$	5,648	$	6,694	$	5,609
Finance leases	267		356		356

The following table provides information about the weighted average remaining lease terms and weighted average discount rates as of March 29, 2025:


	Remaining Lease Term (Years)	Discount Rate
Operating leases	9.0	4.9	%
Finance leases	32.8	4.5	%

Schedule of Lessee, Operating Lease, Liability, to be Paid, Maturity

The present value of minimum payments for future fiscal years under non-cancelable leases as of March 29, 2025 was as follows (in thousands):


	Operating Leases		Finance Leases		Total
2026	$	6,374	$	356	$	6,730
2027	4,901		356		5,257
2028	4,332		356		4,688
2029	4,120		356		4,476
2030	4,074		356		4,430
Thereafter	22,335		9,874		32,209
	46,136		11,654		57,790
Less: Amount representing interest	(8,673)		(5,568)		(14,241)
	$	37,463	$	6,086	$	43,549

Schedule of Finance Lease, Liability, to be Paid, Maturity

The present value of minimum payments for future fiscal years under non-cancelable leases as of March 29, 2025 was as follows (in thousands):


	Operating Leases		Finance Leases		Total
2026	$	6,374	$	356	$	6,730
2027	4,901		356		5,257
2028	4,332		356		4,688
2029	4,120		356		4,476
2030	4,074		356		4,430
Thereafter	22,335		9,874		32,209
	46,136		11,654		57,790
Less: Amount representing interest	(8,673)		(5,568)		(14,241)
	$	37,463	$	6,086	$	43,549