Fair Value Measurements (Tables)

12 Months Ended

Mar. 29, 2025

Schedule of the Fair Value and Carrying Value of Financial Instruments

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


	March 29, 2025				March 30, 2024
	Book Value		Estimated Fair Value		Book Value		Estimated Fair Value
Available-for-sale debt securities (1)	$	21,415	$	21,415	$	18,669	$	18,669
Marketable equity securities (2)	11,425		11,425		11,961		11,961
Non-marketable equity investments (3)	5,069		5,069		4,956		4,956
Consumer loans receivable (4) (5)	56,537		59,365		44,067		49,105
Commercial loans receivable (5)	99,746		89,216		91,041		80,764
Other secured financing (6)	(1,594)		(1,569)		(1,916)		(1,841)

(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.

Schedule of Capitalized Mortgage Servicing Rights


	March 29, 2025			March 30, 2024
Number of loans serviced with MSRs	3,647			3,842
Weighted average servicing fee (basis points)	34.74			34.79
Capitalized servicing multiple	179.97		%	188.59		%
Capitalized servicing rate (basis points)	62.52			65.61
Serviced portfolio with MSRs (in thousands)	$	451,080		$	482,898
MSRs (in thousands)	$	2,820		$	3,168