XML 35 R25.htm IDEA: XBRL DOCUMENT v3.23.2
Leases (Tables)
3 Months Ended
May 27, 2023
Leases [Abstract]  
Schedule of lease cost
The components of lease expense were as follows:
Three Months Ended
(In thousands)May 27, 2023May 28, 2022
Operating lease cost$3,276 $3,051 
Short-term lease cost10 314 
Variable lease cost755 906 
Total lease cost$4,041 $4,271 
Other supplemental information related to leases was as follows:
Three Months Ended
(In thousands except weighted-average data)May 27, 2023May 28, 2022
Cash paid for amounts included in the measurement of operating lease liabilities$3,742 $3,537 
Lease assets obtained in exchange for new operating lease liabilities$1,580 $168 
Weighted-average remaining lease term - operating leases4.4 years5.2 years
Weighted-average discount rate - operating leases3.27 %2.86 %
Schedule of operating lease liability
Future maturities of lease liabilities are as follows:
(In thousands)May 27, 2023
Remainder of Fiscal 2024$9,477 
Fiscal 202511,785 
Fiscal 20269,379 
Fiscal 20277,960 
Fiscal 20284,324 
Fiscal 20291,547 
Thereafter2,226 
Total lease payments46,698 
Less: Amounts representing interest3,355 
Present value of lease liabilities$43,343