Note 16 - Commitments and Contingencies
|12 Months Ended|
Mar. 25, 2017
|Notes to Financial Statements|
|Commitments and Contingencies Disclosure [Text Block]||
The Company leased a
47,300square foot facility located in San Ramon, California that expired in
January 5, 2017,the Company entered a
seventy-seven-month commercial building lease agreement for a
23,873square feet facility in Dublin, California. The new lease began on
April 1, 2017.The Company’s operations were in the San Ramon facility as of
March 25, 2017.
The Company also leases certain other equipment under operating leases.
Total future minimum lease payments under the new building lease and certain equipment are as follows. Fiscal year (Dollars in thousands) Fiscal year (Dollars in thousands)
The Company leases certain equipment under capital leases that expire through
May 2021.Capital leases with costs totaling
$249,000are reported net of accumulated depreciation of
March 25, 2017and
March 26, 2016,respectively.
Total future minimum lease payments under these capital leases are as follows.
The Company is committed to purchase certain inventory under non-cancelable purchase orders. As of
March 25, 2017,total non–cancelable purchase orders were approximately
$541,000and are scheduled to be delivered to the Company at various dates through
The entire disclosure for commitments and contingencies.
Reference 1: http://www.xbrl.org/2003/role/presentationRef