v3.26.1
Leases
 12 Months Ended
Mar. 28, 2026
Leases [Abstract]  
Leases Leases
We lease certain production and retail locations, office space and equipment. We determine if a contract or arrangement is, or contains, a lease at inception. Lease agreements with an initial term of 12 months or less are not recorded in the Consolidated Balance Sheets. Certain lease agreements include one or more options to renew, with renewal terms that can extend the lease term by one to three years or more. Generally, the exercise of lease renewal options is at our discretion. Some agreements also include options to purchase the leased property. The estimated life of assets and leasehold improvements is limited by the expected lease term, unless there is a transfer of title or purchase option that we are reasonably certain to exercise.
 Certain of our lease agreements include rental payments adjusted periodically for inflation. These lease agreements do not contain any material residual value guarantees or material restrictive covenants.
 Right of Use ("ROU") assets represent the right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments in accordance with the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. Since our leases do not provide a readily determinable implicit interest rate, we estimate an incremental borrowing rate. In determining the estimated incremental borrowing rate, we consider the lease period and comparable market interest rates, as well as any other information available at the lease commencement date. The lease term includes options to extend or terminate the lease when it is reasonably certain that we will exercise such options.
The following table provides information about the financial statement classification of our lease balances reported within the Consolidated Balance Sheets as of March 28, 2026 and March 29, 2025 (in thousands):
ClassificationMarch 28,
2026		March 29,
2025
ROU assets
Operating lease assetsOperating lease right-of-use assets$33,578 $35,576 
Finance lease assets
Property, plant and equipment, net (1)
5,960 5,738 
Total lease assets$39,538 $41,314 
Lease Liabilities
Current:
   Operating lease liabilitiesAccrued expenses and other current liabilities$4,608 $5,925 
   Finance lease liabilitiesAccrued expenses and other current liabilities85 83 
Non-current:
   Operating lease liabilitiesOperating lease liabilities30,747 31,538 
   Finance lease liabilitiesOther liabilities5,961 6,003 
Total lease liabilities$41,401 $43,549 
(1) Recorded net of accumulated amortization of $0.9 million and $0.6 million as of March 28, 2026 and March 29, 2025, respectively.
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 28, 2026, March 29, 2025 and March 30, 2024 (in thousands):
Year Ended
Lease Expense CategoryClassificationMarch 28,
2026		March 29,
2025		March 30,
2024
Operating lease expense (2)
Cost of sales$1,062 $1,119 $1,119 
Selling, general and administrative expenses6,340 5,037 4,693 
Finance lease expense
   Amortization of leased assetsCost of sales228 145 175 
   Interest on lease liabilitiesInterest expense280 276 279 
Total lease expense$7,910 $6,577 $6,266 
(2) Excludes short-term and variable lease expenses, which are immaterial.
Cash payments for operating and finance leases were as follows (in thousands):
 March 28,
2026		March 29,
2025		March 30,
2024
Operating leases$7,461 $5,648 $6,694 
Finance leases356 267 356 
The present value of minimum payments for future fiscal years under non-cancelable leases as of March 28, 2026 was as follows (in thousands):
Operating LeasesFinance LeasesTotal
2027$6,418 $356 $6,774 
20285,240 356 5,596 
20294,878 356 5,234 
20304,517 356 4,873 
20314,361 356 4,717 
Thereafter19,453 9,518 28,971 
44,867 11,298 56,165 
Less: Amount representing interest(9,512)(5,252)(14,764)
$35,355 $6,046 $41,401 
The following table provides information about the weighted average remaining lease terms and weighted average discount rates as of March 28, 2026:
Remaining Lease Term (Years)Discount Rate
   Operating leases9.05.0 %
   Finance leases31.04.5 %
Leases Leases
We lease certain production and retail locations, office space and equipment. We determine if a contract or arrangement is, or contains, a lease at inception. Lease agreements with an initial term of 12 months or less are not recorded in the Consolidated Balance Sheets. Certain lease agreements include one or more options to renew, with renewal terms that can extend the lease term by one to three years or more. Generally, the exercise of lease renewal options is at our discretion. Some agreements also include options to purchase the leased property. The estimated life of assets and leasehold improvements is limited by the expected lease term, unless there is a transfer of title or purchase option that we are reasonably certain to exercise.
 Certain of our lease agreements include rental payments adjusted periodically for inflation. These lease agreements do not contain any material residual value guarantees or material restrictive covenants.
 Right of Use ("ROU") assets represent the right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments in accordance with the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. Since our leases do not provide a readily determinable implicit interest rate, we estimate an incremental borrowing rate. In determining the estimated incremental borrowing rate, we consider the lease period and comparable market interest rates, as well as any other information available at the lease commencement date. The lease term includes options to extend or terminate the lease when it is reasonably certain that we will exercise such options.
The following table provides information about the financial statement classification of our lease balances reported within the Consolidated Balance Sheets as of March 28, 2026 and March 29, 2025 (in thousands):
ClassificationMarch 28,
2026		March 29,
2025
ROU assets
Operating lease assetsOperating lease right-of-use assets$33,578 $35,576 
Finance lease assets
Property, plant and equipment, net (1)
5,960 5,738 
Total lease assets$39,538 $41,314 
Lease Liabilities
Current:
   Operating lease liabilitiesAccrued expenses and other current liabilities$4,608 $5,925 
   Finance lease liabilitiesAccrued expenses and other current liabilities85 83 
Non-current:
   Operating lease liabilitiesOperating lease liabilities30,747 31,538 
   Finance lease liabilitiesOther liabilities5,961 6,003 
Total lease liabilities$41,401 $43,549 
(1) Recorded net of accumulated amortization of $0.9 million and $0.6 million as of March 28, 2026 and March 29, 2025, respectively.
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 28, 2026, March 29, 2025 and March 30, 2024 (in thousands):
Year Ended
Lease Expense CategoryClassificationMarch 28,
2026		March 29,
2025		March 30,
2024
Operating lease expense (2)
Cost of sales$1,062 $1,119 $1,119 
Selling, general and administrative expenses6,340 5,037 4,693 
Finance lease expense
   Amortization of leased assetsCost of sales228 145 175 
   Interest on lease liabilitiesInterest expense280 276 279 
Total lease expense$7,910 $6,577 $6,266 
(2) Excludes short-term and variable lease expenses, which are immaterial.
Cash payments for operating and finance leases were as follows (in thousands):
 March 28,
2026		March 29,
2025		March 30,
2024
Operating leases$7,461 $5,648 $6,694 
Finance leases356 267 356 
The present value of minimum payments for future fiscal years under non-cancelable leases as of March 28, 2026 was as follows (in thousands):
Operating LeasesFinance LeasesTotal
2027$6,418 $356 $6,774 
20285,240 356 5,596 
20294,878 356 5,234 
20304,517 356 4,873 
20314,361 356 4,717 
Thereafter19,453 9,518 28,971 
44,867 11,298 56,165 
Less: Amount representing interest(9,512)(5,252)(14,764)
$35,355 $6,046 $41,401 
The following table provides information about the weighted average remaining lease terms and weighted average discount rates as of March 28, 2026:
Remaining Lease Term (Years)Discount Rate
   Operating leases9.05.0 %
   Finance leases31.04.5 %