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Leases (Tables)

12 Months Ended

Mar. 30, 2024



Lease Cost
(thousands)		2024		2023		2022
Operating lease cost	$	44,454	$	41,308	$	38,947
Finance lease/financing obligations cost:
Amortization of leased assets		30,286		32,515		34,369
Interest on lease liabilities		13,513		16,099		18,346
Short term and variable lease cost		1,749		1,495		1,425
Sublease income		(166)		(115)		(102)
Total lease cost	$	89,836	$	91,302	$	92,985



Maturity of Lease Liabilities				Finance Leases and
(thousands)		Operating Leases ^(a)		Financing Obligations ^(b)
2025	$	46,895	$	49,955
2026		43,766		47,738
2027		39,602		45,115
2028		33,211		42,812
2029		25,074		33,704
Thereafter		67,406		131,576
Total undiscounted lease obligations	$	255,954	$	350,900
Less: imputed interest		(34,660)		(63,183)
Present value of lease obligations	$	221,294	$	287,717

(a)Operating lease obligations include $49.8 million related to options to extend operating leases that are reasonably certain of being exercised.

(b)Finance lease payments include $77.2 million related to options to extend finance leases that are reasonably certain of being exercised.



Lease Term and Discount Rate	2024		2023		2022
Weighted average remaining lease term (years):
Operating leases	7.3		7.8		8.2
Finance leases and financing obligations	8.5		9.1		9.7
Weighted average discount rate
Operating leases	3.77	%	3.38	%	3.05	%
Finance leases and financing obligations	5.41	%	5.67	%	5.77	%



Other Information
(thousands)		2024		2023		2022
Cash paid for amounts included in measurement of lease obligations:
Operating cash flows from operating leases	$	46,355	$	42,579	$	39,426
Operating cash flows from finance leases and financing obligations		13,712		16,327		18,400
Financing cash flows from finance leases and financing obligations		39,030		39,512		39,408