v3.26.1
Debt
 3 Months Ended
Jul. 05, 2026
Debt Disclosure [Abstract]  
Debt Debt
A summary of the Company's short-term borrowings, long term debt and available credit facilities can be found in Note 11 to the Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for the year ended March 31, 2026.

The following summarizes the Company’s long-term debt as of July 5, 2026 and March 31, 2026:
 
July 5, 2026March 31, 2026
PrincipalUnamortized Issuance CostsPrincipalUnamortized Issuance Costs
Senior Notes
4.375% Senior Notes due 2027
$300,000 $834 $300,000 $978 
            6.625% Senior Notes due 2032
300,000 3,033 300,000 3,171 
Amended Credit Facility
Third Amended Revolver due 2030 (1)
417,563 3,431 487,563 3,632 
$1,017,563 $7,298 $1,087,563 $7,781 
Less: Unamortized issuance costs 7,298 7,781 
Long-term debt, net of unamortized issuance costs$1,010,265 $1,079,782 

(1) The Third Amended Revolver bear interest at SOFR plus between 1.250% and 2.25% (currently 1.250% and based on the Company's consolidated net leverage ratio).

Short-Term Debt

As of July 5, 2026 and March 31, 2026, the Company had $28,667 and $29,201, respectively, of short-term borrowings. The weighted average interest rate on these borrowings was approximately 4.0% and 4.0%, respectively, at July 5, 2026 and March 31, 2026.

Letters of Credit

As of July 5, 2026 and March 31, 2026, the Company had $5,872 and $5,856 of standby letters of credit, respectively.

Debt Issuance Costs

Amortization expense, relating to debt issuance costs, included in interest expense was $483 and $479, respectively, for the first quarter ended July 5, 2026 and June 29, 2025.

Available Lines of Credit

As of July 5, 2026 and March 31, 2026, the Company had available and undrawn, under all its lines of credit, $632,896 and $565,015, respectively, including $56,227 and $58,347, respectively, of uncommitted lines of credit.