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Debt Obligations (Tables)
12 Months Ended
Mar. 30, 2013
Debt Disclosure [Abstract]  
Debt Obligations
Debt obligations consist of the following (in thousands):


March 30,
2013
 
March 31,
2012
Securitized financing 2005-1
$
39,850

 
$
44,726

Securitized financing 2007-1
42,437

 
46,749

Construction lending lines

 
4,550

 
$
82,287

 
$
96,025

Acquired Securitized Financings
The following table summarizes securitized financings (in thousands):
 
 
March 30,
2013
 
March 31,
2012
Securitized financings – contractual amount
$
102,203

 
$
117,507

Purchase Discount
 
 
 
Accretable
(19,916
)
 
(26,032
)
Non-accretable (1)

 

Total securitized financings, net
$
82,287

 
$
91,475


(1)
There is no non-accretable difference, as the contractual payments on acquired securitized financing are determined by the cash collections from the underlying loans.

Accretable Yield Movement on Acquired Securitized Financings
The changes in accretable yield on securitized financings were as follows (in thousands):
 

Year Ended

March 30,
2013
 
March 31,
2012
Balance at the beginning of the period
$
26,032

 
$

Additions

 
32,072

Accretion
(5,174
)
 
(5,621
)
Adjustment to cash flows
(942
)
 
(419
)
Balance at the end of the period
$
19,916

 
$
26,032

Scheduled Maturities of the Company's Debt Obligations
Scheduled maturities of the Company’s debt obligations consist of the following (in thousands):
 
Fiscal Year
 
2014
$
10,169

2015
9,247

2016
8,270

2017
7,463

2018
6,764