Note 8 – Leases

The Company made cash payments related to its recognized operating leases of $1.9 million and $1.8 million during the fiscal years ended April 3, 2022 and March 28, 2021, 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 April 3, 2022, the Company’s operating leases have a weighted-average discount rate 3.6% and a weighted-average remaining lease term of 1.8 years.

During the fiscal years ended April 3, 2022 and March 28, 2021, 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 April 3, 2022 are as follows (in thousands):