Leases (Tables)
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6 Months Ended |
Sep. 26, 2026 |
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| Leases |
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| Schedule of ROU assets and liabilities |
ROU assets and lease liabilities as of September 26, 2026 and March 28, 2026 consisted of the following: | | | | | | | | | | | | | September 26, 2026 | | March 28, 2026 | | | Balance Sheet Classification | | (in thousands) | | (in thousands) | Assets | | | | | | | | | Finance lease assets | | Right-of-use assets, net | | $ | 6,637 | | $ | 7,042 | Operating lease assets | | Right-of-use assets, net | | | 697,145 | | | 631,383 | Total lease assets | | | | $ | 703,782 | | $ | 638,425 | | | | | | | | | | Liabilities | | | | | | | | | Current | | | | | | | | | Finance | | Short-term lease liabilities | | $ | 1,221 | | $ | 1,027 | Operating | | Short-term lease liabilities | | | 97,983 | | | 88,716 | Total short-term lease liabilities | | | | $ | 99,204 | | $ | 89,743 | | | | | | | | | | Non-Current | | | | | | | | | Finance | | Long-term lease liabilities | | $ | 11,729 | | $ | 12,453 | Operating | | Long-term lease liabilities | | | 747,373 | | | 671,284 | Total long-term lease liabilities | | | | $ | 759,102 | | $ | 683,737 | Total lease liabilities | | | | $ | 858,306 | | $ | 773,480 |
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| Schedule of total lease cost |
Total lease costs for the thirteen and twenty-six weeks ended September 26, 2026 and September 27, 2025 were: | | | | | | | | | | | | | | | Thirteen Weeks Ended | | Twenty-Six Weeks Ended | (in thousands) | | September 26, 2026 | | September 27, 2025 | | September 26, 2026 | | September 27, 2025 | Finance lease cost | | | | | | | | | | | | | Amortization of right-of-use assets | | $ | 187 | | $ | 187 | | $ | 374 | | $ | 374 | Interest on lease liabilities | | | 140 | | | 150 | | | 282 | | | 303 | Total finance lease cost | | $ | 327 | | $ | 337 | | $ | 656 | | $ | 677 | | | | | | | | | | | | | | Operating lease cost | | $ | 33,328 | | $ | 26,901 | | $ | 65,968 | | $ | 52,036 | Short-term lease cost | | | 1,174 | | | 926 | | | 2,252 | | | 2,009 | Variable lease cost | | | 11,308 | | | 8,864 | | | 21,850 | | | 17,426 | Total lease cost | | $ | 46,137 | | $ | 37,028 | | $ | 90,726 | | $ | 72,148 |
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| Schedule of future operating lease payments |
The following table summarizes future lease payments as of September 26, 2026: | | | | | | | | | Operating Leases | | Finance Leases | Fiscal Year | | (in thousands) | | (in thousands) | 2027 (Remainder) | | $ | 43,553 | | | 874 | 2028 | | | 148,891 | | | 1,747 | 2029 | | | 143,325 | | | 1,747 | 2030 | | | 135,359 | | | 1,747 | 2031 | | | 126,812 | | | 1,747 | Thereafter | | | 457,403 | | | 7,281 | Total | | | 1,055,343 | | | 15,143 | Less: Imputed interest | | | (209,987) | | | (2,193) | Present value of net lease payments | | $ | 845,356 | | $ | 12,950 |
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| Schedule of future finance lease payments |
The following table summarizes future lease payments as of September 26, 2026: | | | | | | | | | Operating Leases | | Finance Leases | Fiscal Year | | (in thousands) | | (in thousands) | 2027 (Remainder) | | $ | 43,553 | | | 874 | 2028 | | | 148,891 | | | 1,747 | 2029 | | | 143,325 | | | 1,747 | 2030 | | | 135,359 | | | 1,747 | 2031 | | | 126,812 | | | 1,747 | Thereafter | | | 457,403 | | | 7,281 | Total | | | 1,055,343 | | | 15,143 | Less: Imputed interest | | | (209,987) | | | (2,193) | Present value of net lease payments | | $ | 845,356 | | $ | 12,950 |
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| Schedule of supplemental lease information |
The following table includes supplemental lease information: | | | | | | | | | | | Twenty-Six Weeks Ended | | Supplemental Cash Flow Information (dollars in thousands) | | September 26, 2026 | | | September 27, 2025 | | Cash paid for amounts included in the measurement of lease liabilities | | | | | | | | | Operating cash flows used for operating leases | | $ | 74,491 | | | $ | 62,365 | | Operating cash flows used for finance leases | | | 276 | | | | 298 | | Financing cash flows used for finance leases | | | 551 | | | | 474 | | | | $ | 75,318 | | | $ | 63,137 | | Lease liabilities arising from new right-of-use assets | | | | | | | | | Operating leases | | $ | 111,047 | | | $ | 126,888 | | Finance leases | | $ | — | | | $ | — | | | | | | | | | | | Weighted average remaining lease term (in years) | | | | | | | | | Operating leases | | | 7.9 | | | | 7.8 | | Finance leases | | | 8.9 | | | | 9.9 | | | | | | | | | | | Weighted average discount rate | | | | | | | | | Operating leases | | | 5.4 | % | | | 5.3 | % | Finance leases | | | 10.9 | % | | | 10.9 | % |
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