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Commercial Loans Receivables (Tables)
 9 Months Ended
Dec. 26, 2020
Receivables [Abstract]  
Commercial Loans Receivables
Commercial loans receivable, net consisted of the following, by class of financing notes receivable (in thousands):
December 26,
2020		March 28,
2020
Direct loans receivable$40,653 $47,058 
Participation loans receivable105 144 
Allowance for loan losses (765)(393)
Deferred financing fees, net(247)(244)
39,746 46,565 
Less current portion of commercial loans receivable (including from affiliates), net(19,012)(15,423)
$20,734 $31,142 
Changes in the Allowance for Loan Losses on Commercial Loans Receivables
The following table represents changes in the estimated allowance for loan losses, including related additions and deductions to the allowance for loan losses (in thousands):
Three Months EndedNine Months Ended
December 26,
2020		December 28,
2019		December 26,
2020		December 28,
2019
Balance at beginning of period
$789 $163 $393 $180 
Impact of adoption of ASU 2016-13— — 435 — 
Change in estimated loan losses, net
(24)(1)(63)(18)
Loans charged off, net of recoveries
— — — — 
Balance at end of period
$765 $162 $765 $162 
Commercial Loans Receivables by Class and Internal Credit Quality Indicator
The following table disaggregates our commercial loans receivable by credit quality indicator and fiscal year of origination (in thousands):
December 26, 2020
20212020201920182017TotalMarch 28,
2020
Risk profile based on payment activity:
Performing
$22,708 $10,394 $3,954 $2,180 $1,522 $40,758 $47,016 
Watch list
— — — — — — 186 
Nonperforming
— — — — — — — 
$22,708 $10,394 $3,954 $2,180 $1,522 $40,758 $47,202 
Geographic Concentration of Commercial Loans Receivables in Key States As of December 26, 2020, 10.0% of our outstanding commercial loans receivable principal balance was concentrated in Arizona. As of March 28, 2020, 11.0% of the outstanding commercial loans receivable principal balance was concentrated in California. No other state had concentrations in excess of 10% of the principal balance of the consumer loans receivable as of December 26, 2020 or March 28, 2020.