v3.26.3
Reinsurance and Insurance Loss Reserves (Tables)
6 Months Ended
Sep. 26, 2026
Insurance [Abstract]  
Schedule of Effects of Reinsurance
The effects of reinsurance on premiums written and earned were as follows (in thousands):
Three Months Ended
September 26, 2026September 27, 2025
WrittenEarnedWrittenEarned
Direct premiums
$8,380 $10,689 $9,292 $11,184 
Assumed premiums—nonaffiliated
11,546 11,086 11,716 10,963 
Ceded premiums—nonaffiliated
(6,882)(6,882)(7,654)(7,654)

$13,044 $14,893 $13,354 $14,493 
Six Months Ended
September 26, 2026September 27, 2025
WrittenEarnedWrittenEarned
Direct premiums
$19,242 $21,645 $21,443 $22,716 
Assumed premiums—nonaffiliated
23,413 21,947 23,198 21,833 
Ceded premiums—nonaffiliated
(13,787)(13,787)(15,364)(15,364)

$28,868 $29,805 $29,277 $29,185 
Schedule of Loss Reserve Rollforward
The following details the activity in the incurred but not reported reserve for the three and six months ended September 26, 2026 and September 27, 2025 (in thousands):
Three Months EndedSix Months Ended
September 26,
2026
September 27,
2025
September 26,
2026
September 27,
2025
Balance at beginning of period$10,848 $13,118 $9,778 $16,201 
Net incurred losses during the period8,014 7,782 18,232 18,885 
Net claim payments during the period(9,379)(10,640)(18,527)(24,826)
Balance at end of period$9,483 $10,260 $9,483 $10,260