XML 56 R42.htm IDEA: XBRL DOCUMENT v3.19.1
Capital Lease Capital Lease (Tables)
12 Months Ended
Mar. 30, 2019
Capital Leases of Lessee [Abstract]  
Assets under capital lease
On April 3, 2017, in connection with the purchase of Lexington Homes, the Company recorded capital leases covering manufacturing facilities and land in Lexington, Mississippi. The following amounts were recorded for the leased assets as of March 30, 2019 and March 31, 2018 (in thousands):
 
March 30,
2019
 
March 31,
2018
Land
$
699

 
$
699

Buildings and improvements
1,050

 
1,050

 
1,749

 
1,749

Accumulated amortization
(70
)
 
(35
)
Leased assets, net
$
1,679

 
$
1,714

Future minimum lease payments
The future minimum payments under the leases for future fiscal years is as follows (in thousands):
2020
$
766

2021
73

2022
73

2023
73

2024
73

Thereafter
123

Total remaining lease payments
$
1,181

Less: Amount representing interest
(106
)
Present value of future minimum lease payments
$
1,075