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Leases (Tables)
12 Months Ended
Mar. 25, 2023
Leases [Abstract]  
Schedule of Operating and Finance Lease Costs

Lease Cost

(thousands)

2023

2022

2021

Operating lease cost

$

41,308

$

38,947

$

35,998

Finance lease/financing obligations cost:

Amortization of leased assets

32,515

34,369

30,428

Interest on lease liabilities

16,099

18,346

18,344

Short term and variable lease cost

1,495

1,425

321

Sublease income

(115)

(102)

(95)

Total lease cost

$

91,302

$

92,985

$

84,996

Schedule of Future Maturities of Lease Liabilities

Maturity of Lease Liabilities

Finance Leases and

(thousands)

Operating Leases (a)

Financing Obligations (b)

2024

$

44,461

$

53,981

2025

41,373

51,169

2026

37,942

48,815

2027

33,682

46,211

2028

27,193

44,278

Thereafter

79,013

170,842

Total undiscounted lease obligations

$

263,664

$

415,296

Less: imputed interest

(35,037)

(80,033)

Present value of lease obligations

$

228,627

$

335,263

(a)Operating lease obligations include $57.6 million related to options to extend operating leases that are reasonably certain of being exercised.

(b)Finance lease payments include $88.5 million related to options to extend finance leases that are reasonably certain of being exercised.

Schedule of Weighted Average Remaining Lease Terms and Discount Rates

Lease Term and Discount Rate

2023

2022

2021

Weighted average remaining lease term (years)

Operating leases

7.8

8.2

8.6

Finance leases and financing obligations

9.1

9.7

10.3

Weighted average discount rate

Operating leases

3.38

%

3.05

%

2.96

%

Finance leases and financing obligations

5.67

%

5.77

%

6.2

%

Schedule of Supplemental Cash Flow Information Related to Leases

Other Information

(thousands)

2023

2022

2021

Cash paid for amounts included in measurement of lease obligations:

Operating cash flows from operating leases

$

42,579

$

39,426

$

34,931

Operating cash flows from finance leases and financing obligations

16,327

18,400

18,602

Financing cash flows from finance leases and financing obligations

39,512

39,408

33,032