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Commercial Loans Receivables (Tables)
 12 Months Ended
Apr. 01, 2023
Receivables [Abstract]  
Commercial Loans Receivables
Commercial loans receivable, net consisted of the following, by class of financing notes receivable (in thousands):
 April 1,
2023		April 2,
2022
Loans receivable$103,726 $69,693 
Allowance for loan losses
(1,586)(1,011)
Deferred financing fees, net(163)(116)
101,977 68,566 
Less current portion of commercial loans receivable (including from affiliates), net(44,054)(32,644)
$57,923 $35,922 
Commercial Loans Receivable Characteristics
The commercial loans receivable balance had the following characteristics:
April 1,
2023		April 2,
2022
Weighted average contractual interest rate7.6 %6.4 %
Weighted average months outstanding99
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):
 April 1,
2023		April 2,
2022
Balance at beginning of period$1,011 $816 
Purchase accounting additions— 408 
Change in estimated loan losses, net575 (213)
Balance at end of period$1,586 $1,011 
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):
April 1, 2023
20232022202120202019Total
Performing$80,193 $16,028 $4,071 $2,203 $1,231 $103,726 
April 2, 2022
20222021202020192018Total
Performing$52,592 $10,181 $4,031 $1,391 $1,498 $69,693 
Geographic Concentration of Commercial Loans Receivables in Key States As of April 1, 2023 and April 2, 2022, 17.8% and 24.9%, respectively, of our outstanding commercial loans receivable principal balance was concentrated in New York. No other state had concentrations in excess of 10% of the principal balance of the commercial loans receivable as of April 1, 2023 or April 2, 2022.