Capital Lease (Notes)

9 Months Ended

Dec. 29, 2018

Capital Leased Assets [Line Items]

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

Capital Leases

On April 3, 2017, in connection with the purchase of Lexington Homes, the Company recorded capital leases on manufacturing facilities and land in Lexington, Mississippi. The following amounts were recorded for the leased assets as of December 29, 2018 and March 31, 2018 (in thousands):

	December 29, 2018			March 31, 2018
Land	$	699		$	699
Buildings and improvements	1,050			1,050
	1,749			1,749
Accumulated amortization	(61		)	(35		)
Leased assets, net	$	1,688		$	1,714

Future minimum payments under the leases as of December 29, 2018 were as follows (in thousands):

FY 2019	$	34
FY 2020	766
FY 2021	73
FY 2022	73
FY 2023	73
Thereafter	195
Total remaining lease payments	1,214
Less: Amount representing interest	(119		)
Present value of future minimum lease payments	$	1,095