Capital Leases (Notes)

3 Months Ended

Jul. 02, 2016

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 five-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 July 2, 2016 and April 2, 2016 (in thousands):

	July 2, 2016			April 2, 2016
Land	$	240		$	240
Buildings and improvements	2,960			2,960
	3,200			3,200
Accumulated amortization	(115		)	(90		)
Leased assets, net	$	3,085		$	3,110

The minimum payments in future fiscal years under the lease as of July 2, 2016 are as follows (in thousands):

2017	$	216
2018	277
2019	265
2020	253
2021	1,721
Total remaining lease payments	2,732
Less: Amount representing interest	(388		)
Present value of future minimum lease payments	$	2,344