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Leases (Tables)
6 Months Ended
Sep. 26, 2020
Leases [Abstract]  
Summary of Lease Expense Included in Condensed Consolidated Income Statements Lease expense included in the accompanying condensed consolidated income statements is shown below:

 

 

 

Three Months Ended

 

(Dollars in thousands)

 

September 26, 2020

 

 

September 28, 2019

 

Operating lease expense

 

$

1,357

 

 

$

1,470

 

Short-term lease expense

 

 

529

 

 

 

230

 

Total lease expense

 

$

1,886

 

 

$

1,700

 

 

 

 

 

Six Months Ended

 

(Dollars in thousands)

 

September 26, 2020

 

 

September 28, 2019

 

Operating lease expense

 

$

2,740

 

 

$

2,875

 

Short-term lease expense

 

 

985

 

 

 

603

 

Total lease expense

 

$

3,725

 

 

$

3,478

 

Schedule of Operating Lease Assets Included in Condensed Consolidated Balance Sheet

Operating lease assets and obligations included in the accompanying condensed consolidated balance sheets are below:

(Dollars in thousands)

 

September 26,

2020

 

 

March 28,

2020

 

Right-of-use assets under operating leases:

 

 

 

 

 

 

 

 

Other long-term assets

 

$

12,384

 

 

$

14,808

 

Lease obligations under operating leases:

 

 

 

 

 

 

 

 

Other current liabilities

 

$

4,376

 

 

$

4,789

 

Other long-term liabilities

 

 

8,008

 

 

 

10,019

 

Total lease obligation

 

$

12,384

 

 

$

14,808

 

 

Summary of Maturities of Lease Obligations

Maturities of lease obligations as of September 26, 2020, are shown below:

 

(Dollars in thousands)

 

September 26,

2020

 

Fiscal 2021 (1)

 

$

2,712

 

Fiscal 2022

 

 

4,743

 

Fiscal 2023

 

 

3,683

 

Fiscal 2024

 

 

1,568

 

Fiscal 2025

 

 

786

 

Thereafter

 

 

1,705

 

Total undiscounted cash flows

 

 

15,197

 

Less: imputed interest

 

 

(2,813

)

Lease obligations under operating leases

 

$

12,384

 

(1)

For remaining period in fiscal year.

Schedule of Weighted Average Remaining Lease Term and Discount Rate

The weighted-average lease term and discount rate for operating leases are shown below:

 

 

 

September 26,

2020

 

Weighted-average remaining lease term (in years)

 

 

4.6

 

Weighted-average discount rate

 

 

5.5

 

 

Schedule of Cash Flow Information Related to Operating Leases

 

Cash flow information related to operating leases is shown below:

 

 

Six Months Ended

 

(Dollars in thousands)

 

September 26,

2020

 

 

September 28,

2019

 

Non-cash activity:

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for operating lease obligations

 

$

32

 

 

$

1,606

 

Operating cash flows:

 

 

 

 

 

 

 

 

Cash paid related to operating lease obligations

 

$

2,800

 

 

$

2,958