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Leases (Tables)
9 Months Ended
Dec. 27, 2020
Leases  
Schedule of quantitative information regarding the company's leases

    

Nine Months Ended

 

December 27, 2020

Operating lease expense

$

2,565,300

As of December 27, 2020

Maturities of lease liabilities by fiscal year are as follow:

2021

$

809,200

2022

3,164,000

2023

3,018,300

2024

2,725,700

2025

2,609,900

Thereafter

1,987,600

Total

14,314,700

Less: present value discount

(2,190,100)

Present value of lease liabilities

$

12,124,600

Weighted-average discount rate:

3.9%

Weighted-average remaining lease term

4.7 years