Debt, Finance Lease and Mandatorily Redeemable Noncontrolling Interest Obligations

9 Months Ended

Jan. 01, 2022

Debt Disclosure [Abstract]

Debt, Finance Lease and Mandatorily Redeemable Noncontrolling Interest Obligations

Debt, Finance Lease and Mandatorily Redeemable Noncontrolling Interest Obligations

The following table summarizes debt, finance lease and mandatorily redeemable noncontrolling interest obligations (in thousands):

	January 1, 2022		April 3, 2021
Finance lease obligations	$	6,333	$	304
Other secured financings	3,024		3,672
Mandatorily redeemable noncontrolling interest	2,471		—
Secured term loans	—		8,210
	11,828		12,186
Less current portion	(798)		(1,851)
	$	11,030	$	10,335

We previously entered into secured credit facilities with independent third-party banks to originate and hold consumer home-only loans secured by manufactured homes. Those facilities were then converted into amortizing loans, which were paid in full as of January 1, 2022.