Note 8 - Leases |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 28, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Notes to Financial Statements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Lessee, Operating Leases [Text Block] |
Note –8 Leases
The Company made cash payments related to its recognized operating leases of $1.8 million and $1.4 million during the fiscal years ended March 28, 2021 and March 29, 2020, respectively. Such payments reduced the operating lease liabilities and were included in the cash flows provided by operating activities in the accompanying consolidated statements of cash flows. As of March 28, 2021, the Company's operating leases have a weighted-average discount rate 3.66% and a weighted-average remaining lease term of 2.6 years.During the fiscal years ended March 28, 2021 and March 29, 2020, the Company classified its operating lease costs within the accompanying consolidated statements of income as follows (in thousands):
The maturities of the Company's operating lease liabilities as of March 28, 2021 are as follows (in thousands):
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