Capital Leases (Notes)

3 Months Ended

Jun. 27, 2015

Capital Leased Assets [Line Items]

Capital Leases in Financial Statements of Lessee Disclosure [Text Block]

On May 1, 2015, in connection with the purchase of Fairmont Homes, the Company entered into a 5 year lease covering the manufacturing facilities and land in Montevideo, Minnesota, which is accounted for as a capital lease. At the end of the lease term, the landlord has the option to require the Company to purchase the leased premises at a specified price. If the landlord does not exercise this option, the Company may purchase the facilities at the termination of the lease for that price. The following amounts were recorded for the leased assets as of June 27, 2015 (in thousands):

	June 27, 2015
Land	$	92
Buildings and improvements	2,033
	2,125
Accumulated amortization	(11		)
Leased Assets, net	$	2,114

The future minimum payments under the lease as of June 27, 2015 are as follows (in thousands):

FY 2016	$	225
FY 2017	289
FY 2018	277
FY 2019	265
FY 2020	253
Thereafter	1,721
Total Remaining Lease Payments	3,030
Less: Amount representing Interest	(920		)
Present Value of Future Minimum Lease Payments	$	2,110