COMMITMENTS

12 Months Ended

Mar. 25, 2017

Leases, Operating [Abstract]

COMMITMENTS

NOTE 8 – COMMITMENTS

Leases: Transcat leases facilities, equipment, and vehicles under various non-cancelable operating leases. Total rental expense was approximately $3.0 million and $2.4 million in fiscal years 2017 and 2016, respectively. The minimum future annual rental payments under the non-cancelable leases at March 25, 2017 are as follows (in millions):

Fiscal Year
2018	$	2.2
2019		1.6
2020		1.0
2021		0.5
2022		0.4
Thereafter		0.2
Total minimum lease payments	$	5.9

Effective April 2016, the Company has term loan payments due at a monthly amount of $0.1 million plus interest. These amounts are not reflected in the table above.