Consumer Loans Receivable (Tables)

9 Months Ended

Dec. 31, 2022

Receivables [Abstract]

Consumer Loans Receivable

The following table summarizes consumer loans receivable (in thousands):

	December 31, 2022		April 2, 2022
Loans held for investment, previously securitized	$	22,221	$	26,014
Loans held for investment	14,513		14,771
Loans held for sale	5,049		8,500
Construction advances	757		3,547
	42,540		52,832
Deferred financing fees and other, net	(590)		(833)
Allowance for loan losses	(1,284)		(2,115)
	40,666		49,884
Less current portion	(13,763)		(20,639)
	$	26,903	$	29,245

Allowance for Loan Loss

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 Ended				Nine Months Ended
	December 31, 2022		January 1, 2022		December 31, 2022		January 1, 2022
Allowance for loan losses at beginning of period	$	1,739	$	2,799	$	2,115	$	3,188
Change in estimated loan losses, net	(436)		(327)		(812)		(384)
Charge-offs	(19)		(85)		(38)		(417)
Recoveries	—		—		19		—
Allowance for loan losses at end of period	$	1,284	$	2,387	$	1,284	$	2,387

Deliquency Status of Consumer Loans

The following table is a consolidated summary of the delinquency status of the principal value of outstanding consumer loans receivable (in thousands):

	December 31, 2022		April 2, 2022
Current	$	40,022	$	49,546
31 to 60 days	1,140		1,202
61 to 90 days	163		41
91+ days	1,215		2,043
	$	42,540	$	52,832

Gross Consumer Loans Receivable by Credit Quality and Fiscal Year of Origination

The following tables disaggregate the principal value of consumer loans receivable by credit quality indicator and fiscal year of origination (in thousands):

	December 31, 2022
	2023		2022		2021		2020		2019		Prior		Total
Prime- FICO score 680 and greater	$	4,788	$	1,085	$	1,059	$	2,124	$	1,198	$	17,690	$	27,944
Near Prime- FICO score 620-679	479		154		1,017		967		1,562		8,667		12,846
Sub-Prime- FICO score less than 620	125		—		20		51		—		1,106		1,302
No FICO score	69		—		—		—		25		354		448
	$	5,461	$	1,239	$	2,096	$	3,142	$	2,785	$	27,817	$	42,540

	April 2, 2022
	2022		2021		2020		2019		2018		Prior		Total
Prime- FICO score 680 and greater	$	8,155	$	1,615	$	2,371	$	1,339	$	853	$	20,485	$	34,818
Near Prime- FICO score 620-679	1,661		1,274		1,413		1,976		617		9,266		16,207
Sub-Prime- FICO score less than 620	45		20		52		—		—		1,318		1,435
No FICO score	—		—		—		26		—		346		372
	$	9,861	$	2,909	$	3,836	$	3,341	$	1,470	$	31,415	$	52,832