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Debt Obligations (Tables)
 9 Months Ended
Dec. 29, 2018
Debt Disclosure [Abstract]  
Debt Obligations
Debt obligations primarily consist of amounts related to loans sold that did not qualify for loan sale accounting treatment. The following table summarizes debt obligations (in thousands):
 
December 29,
2018
 
March 31,
2018
Acquired securitized financings (acquired as part of the Palm Harbor transaction)
 
 
 
Securitized financing 2005-1
$
19,195

 
$
20,524

Securitized financing 2007-1
19,248

 
22,552

Other secured financings
4,813

 
4,966

Secured credit facilities
11,360

 
11,770

 
$
54,616

 
$
59,812
Acquired Securitized Financings
The following table summarizes acquired securitized financings (in thousands):
 
December 29,
2018
 
March 31,
2018
Securitized financings – contractual amount
$
39,511

 
$
46,591

Purchase discount
 
 
 
Accretable
(1,068
)
 
(3,515
)
Non-accretable (1)
—

 
—

Total acquired securitized financings, net
$
38,443

 
$
43,076

(1) There is no non-accretable difference, as the contractual payments on acquired securitized financings are determined by the cash collections from the underlying loans.
Accretable Yield Movement on Acquired Securitized Financings
The changes in accretable yield on securitized financings were as follows (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
December 29,
2018
 
December 30,
2017
 
December 29,
2018
 
December 30,
2017
Balance at the beginning of the period
$
1,834

 
$
5,709

 
$
3,515

 
$
7,636

Accretion
(764
)
 
(820
)
 
(2,341
)
 
(2,536
)
Adjustment to cash flows
(2
)
 
(110
)
 
(106
)
 
(321
)
Balance at the end of the period
$
1,068

 
$
4,779

 
$
1,068

 
$
4,779