Boot Barn (BOOT) 10-Q 25 Jan 23 2023 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Dec. 24, 2022	Jan. 24, 2023
Document and Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Dec. 24, 2022
Entity File Number	001-36711
Entity Registrant Name	Boot Barn Holdings, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	90-0776290
Entity Address, Address Line One	15345 Barranca Pkwy
Entity Address, City or Town	Irvine
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92618
City Area Code	949
Local Phone Number	453-4400
Title of 12(b) Security	Common Stock, $0.0001 par value
Trading Symbol	BOOT
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		29,815,074
Current Fiscal Year End Date	--04-01
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001610250
Amendment Flag	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 24, 2022	Mar. 26, 2022
Current assets:
Cash and cash equivalents	$ 50,392	$ 20,674
Accounts receivable, net	14,811	9,662
Inventories	592,151	474,300
Prepaid expenses and other current assets	51,524	37,195
Total current assets	708,878	541,831
Property and equipment, net	231,651	155,247
Right-of-use assets, net	307,146	241,147
Goodwill	197,502	197,502
Intangible assets, net	60,766	60,813
Other assets	6,509	3,315
Total assets	1,512,452	1,199,855
Current liabilities:
Line of credit	59,071	28,549
Accounts payable	153,934	131,394
Accrued expenses and other current liabilities	182,790	133,408
Short-term lease liabilities	49,226	43,117
Total current liabilities	445,021	336,468
Deferred taxes	27,401	26,895
Long-term lease liabilities	308,165	234,584
Other liabilities	2,655	2,232
Total liabilities	783,242	600,179
Commitments and contingencies (Note 6)
Stockholders' equity:
Common stock, $0.0001 par value; December 24, 2022 - 100,000 shares authorized, 30,005 shares issued; March 26, 2022 - 100,000 shares authorized, 29,820 shares issued	3	3
Preferred stock, $0.0001 par value; 10,000 shares authorized, no shares issued or outstanding
Additional paid-in capital	208,945	199,054
Retained earnings	529,621	405,477
Less: Common stock held in treasury, at cost, 190 and 135 shares at December 24, 2022 and March 26, 2022, respectively	(9,359)	(4,858)
Total stockholders' equity	729,210	599,676
Total liabilities and stockholders' equity	$ 1,512,452	$ 1,199,855

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 24, 2022	Mar. 26, 2022
CONDENSED CONSOLIDATED BALANCE SHEETS
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common Stock, shares issued (in shares)	30,004,719	29,820,000
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred Stock, shares issued (in shares)	0	0
Preferred Stock, shares outstanding (in shares)	0	0
Common Stock, shares held in treasury (in shares)	190,000	135,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 24, 2022	Dec. 25, 2021	Dec. 24, 2022	Dec. 25, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Net sales	$ 514,553	$ 485,904	$ 1,231,954	$ 1,104,948
Type of Revenue	us-gaap:ProductMember	us-gaap:ProductMember	us-gaap:ProductMember	us-gaap:ProductMember
Cost of goods sold	$ 326,739	$ 294,245	$ 777,214	$ 678,711
Type of Cost of Service	us-gaap:ProductMember	us-gaap:ProductMember	us-gaap:ProductMember	us-gaap:ProductMember
Gross profit	$ 187,814	$ 191,659	$ 454,740	$ 426,237
Selling, general and administrative expenses	115,318	99,467	285,669	230,288
Income from operations	72,496	92,192	169,071	195,949
Interest expense	2,258	1,667	4,345	5,392
Other income/(loss), net	63	43	(210)	161
Income before income taxes	70,301	90,568	164,516	190,718
Income tax expense	17,529	21,337	40,372	42,981
Net income	$ 52,772	$ 69,231	$ 124,144	$ 147,737
Earnings per share:
Basic (in dollars per share)	$ 1.77	$ 2.34	$ 4.17	$ 5.01
Diluted (in dollars per share)	$ 1.74	$ 2.27	$ 4.09	$ 4.86
Weighted average shares outstanding:
Basic (in shares)	29,813	29,637	29,790	29,518
Diluted (in shares)	30,294	30,443	30,340	30,382

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Additional Paid-In Capital	Retained Earnings	Treasury Shares	Total
Balance at Mar. 27, 2021	$ 3	$ 183,815	$ 213,027		$ 394,891
Balance (in shares) at Mar. 27, 2021	29,348,000
Balance - Treasury Shares at Mar. 27, 2021				$ (1,954)
Balance - Treasury Shares (in shares) at Mar. 27, 2021				(96,000)
Increase (Decrease) in Stockholders' Equity
Net income			40,645		40,645
Issuance of common stock related to stock-based compensation		3,616			3,616
Issuance of common stock related to stock-based compensation (in shares)	313,000
Tax withholding for net share settlement				$ (2,476)	(2,476)
Tax withholding for net share settlement (in shares)				(34,000)
Stock-based compensation expense		3,201			3,201
Balance at Jun. 26, 2021	$ 3	190,632	253,672		439,877
Balance (in shares) at Jun. 26, 2021	29,661,000
Balance - Treasury Shares at Jun. 26, 2021				$ (4,430)
Balance - Treasury Shares (in shares) at Jun. 26, 2021				(130,000)
Balance at Mar. 27, 2021	$ 3	183,815	213,027		394,891
Balance (in shares) at Mar. 27, 2021	29,348,000
Balance - Treasury Shares at Mar. 27, 2021				$ (1,954)
Balance - Treasury Shares (in shares) at Mar. 27, 2021				(96,000)
Increase (Decrease) in Stockholders' Equity
Net income					147,737
Balance at Dec. 25, 2021	$ 3	197,176	360,764		553,279
Balance (in shares) at Dec. 25, 2021	29,803,000
Balance - Treasury Shares at Dec. 25, 2021				$ (4,664)
Balance - Treasury Shares (in shares) at Dec. 25, 2021				(133,000)
Balance at Jun. 26, 2021	$ 3	190,632	253,672		439,877
Balance (in shares) at Jun. 26, 2021	29,661,000
Balance - Treasury Shares at Jun. 26, 2021				$ (4,430)
Balance - Treasury Shares (in shares) at Jun. 26, 2021				(130,000)
Increase (Decrease) in Stockholders' Equity
Net income			37,861		37,861
Issuance of common stock related to stock-based compensation		924			924
Issuance of common stock related to stock-based compensation (in shares)	73,000
Tax withholding for net share settlement				$ (172)	(172)
Tax withholding for net share settlement (in shares)				(2,000)
Stock-based compensation expense		2,767			2,767
Balance at Sep. 25, 2021	$ 3	194,323	291,533		481,257
Balance (in shares) at Sep. 25, 2021	29,734,000
Balance - Treasury Shares at Sep. 25, 2021				$ (4,602)
Balance - Treasury Shares (in shares) at Sep. 25, 2021				(132,000)
Increase (Decrease) in Stockholders' Equity
Net income			69,231		69,231
Issuance of common stock related to stock-based compensation		1,014			1,014
Issuance of common stock related to stock-based compensation (in shares)	69,000
Tax withholding for net share settlement				$ (62)	(62)
Tax withholding for net share settlement (in shares)				(1,000)
Stock-based compensation expense		1,839			1,839
Balance at Dec. 25, 2021	$ 3	197,176	360,764		553,279
Balance (in shares) at Dec. 25, 2021	29,803,000
Balance - Treasury Shares at Dec. 25, 2021				$ (4,664)
Balance - Treasury Shares (in shares) at Dec. 25, 2021				(133,000)
Balance at Mar. 26, 2022	$ 3	199,054	405,477		599,676
Balance (in shares) at Mar. 26, 2022	29,820,000
Balance - Treasury Shares at Mar. 26, 2022				$ (4,858)	$ (4,858)
Balance - Treasury Shares (in shares) at Mar. 26, 2022				(135,000)	(135,000)
Increase (Decrease) in Stockholders' Equity
Net income			39,318		$ 39,318
Issuance of common stock related to stock-based compensation		247			247
Issuance of common stock related to stock-based compensation (in shares)	175,000
Tax withholding for net share settlement				$ (4,408)	(4,408)
Tax withholding for net share settlement (in shares)				(53,000)
Stock-based compensation expense		4,701			4,701
Balance at Jun. 25, 2022	$ 3	204,002	444,795		639,534
Balance (in shares) at Jun. 25, 2022	29,995,000
Balance - Treasury Shares at Jun. 25, 2022				$ (9,266)
Balance - Treasury Shares (in shares) at Jun. 25, 2022				(188,000)
Balance at Mar. 26, 2022	$ 3	199,054	405,477		599,676
Balance (in shares) at Mar. 26, 2022	29,820,000
Balance - Treasury Shares at Mar. 26, 2022				$ (4,858)	$ (4,858)
Balance - Treasury Shares (in shares) at Mar. 26, 2022				(135,000)	(135,000)
Increase (Decrease) in Stockholders' Equity
Net income					$ 124,144
Balance at Dec. 24, 2022	$ 3	208,945	529,621		$ 729,210
Balance (in shares) at Dec. 24, 2022	30,005,000				29,814,906
Balance - Treasury Shares at Dec. 24, 2022				$ (9,359)	$ (9,359)
Balance - Treasury Shares (in shares) at Dec. 24, 2022				(190,000)	(190,000)
Balance at Jun. 25, 2022	$ 3	204,002	444,795		$ 639,534
Balance (in shares) at Jun. 25, 2022	29,995,000
Balance - Treasury Shares at Jun. 25, 2022				$ (9,266)
Balance - Treasury Shares (in shares) at Jun. 25, 2022				(188,000)
Increase (Decrease) in Stockholders' Equity
Net income			32,054		32,054
Issuance of common stock related to stock-based compensation (in shares)	6,000
Tax withholding for net share settlement				$ (93)	(93)
Tax withholding for net share settlement (in shares)				(2,000)
Stock-based compensation expense		2,442			2,442
Balance at Sep. 24, 2022	$ 3	206,444	476,849		673,937
Balance (in shares) at Sep. 24, 2022	30,001,000
Balance - Treasury Shares at Sep. 24, 2022				$ (9,359)
Balance - Treasury Shares (in shares) at Sep. 24, 2022				(190,000)
Increase (Decrease) in Stockholders' Equity
Net income			52,772		52,772
Issuance of common stock related to stock-based compensation		82			82
Issuance of common stock related to stock-based compensation (in shares)	4,000
Stock-based compensation expense		2,419			2,419
Balance at Dec. 24, 2022	$ 3	$ 208,945	$ 529,621		$ 729,210
Balance (in shares) at Dec. 24, 2022	30,005,000				29,814,906
Balance - Treasury Shares at Dec. 24, 2022				$ (9,359)	$ (9,359)
Balance - Treasury Shares (in shares) at Dec. 24, 2022				(190,000)	(190,000)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Dec. 24, 2022	Dec. 25, 2021
Cash flows from operating activities
Net income	$ 124,144	$ 147,737
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	25,968	19,800
Stock-based compensation	9,562	7,807
Amortization of intangible assets	47	54
Noncash lease expense	35,203	28,701
Amortization and write-off of debt issuance fees and debt discount	101	1,834
Loss on disposal of assets	250	150
Loss/(Gain) on adjustment of right-of-use assets and lease liabilities		(258)
Deferred taxes	506	689
Changes in operating assets and liabilities, net of acquisition:
Accounts receivable, net	(4,571)	5,797
Inventories	(117,851)	(109,882)
Prepaid expenses and other current assets	(14,430)	(41,596)
Other assets	(3,194)	(608)
Accounts payable	19,571	84,411
Accrued expenses and other current liabilities	32,785	73,490
Other liabilities	423	1,306
Operating leases	(21,464)	(28,876)
Net cash provided by operating activities	87,050	190,556
Cash flows from investing activities
Purchases of property and equipment	(83,056)	(39,749)
Net cash used in investing activities	(83,056)	(39,749)
Cash flows from financing activities
Borrowings on line of credit - net	30,522
Repayments on debt and finance lease obligations	(626)	(112,085)
Tax withholding payments for net share settlement	(4,501)	(2,710)
Proceeds from the exercise of stock options	329	5,554
Net cash provided by/(used in) financing activities	25,724	(109,241)
Net increase in cash and cash equivalents	29,718	41,566
Cash and cash equivalents, beginning of period	20,674	73,148
Cash and cash equivalents, end of period	50,392	114,714
Supplemental disclosures of cash flow information:
Cash paid for income taxes	58,324	41,694
Cash paid for interest	4,002	3,497
Supplemental disclosure of non-cash activities:
Unpaid purchases of property and equipment	$ 27,474	$ 9,620

Description of the Company, Rec

Description of the Company, Recent Developments and Basis of Presentation	9 Months Ended
	Dec. 24, 2022
Business Operations
Description of the Company, Recent Developments and Basis of Presentation	1. Description of the Company, Recent Developments and Basis of Presentation ​ Boot Barn Holdings, Inc. (the “Company”), the parent holding company of the group of operating subsidiaries that conduct the Boot Barn business, was formed on November 17, 2011, and is incorporated in the State of Delaware. The equity of the Company consists of 100,000,000 authorized shares and 30,004,719 issued and 29,814,906 outstanding shares of common stock as of December 24, 2022. The shares of common stock have voting rights of one vote per share. ​ The Company operates specialty retail stores and e-commerce websites that sell western and work boots and related apparel and accessories. The Company operates retail locations throughout the United States and sells its merchandise via the internet. The Company operated a total of 333 stores in 41 states as of December 24, 2022 and 300 stores in 38 states as of March 26, 2022. As of December 24, 2022, all stores operate under the Boot Barn name, with the exception of two stores that operate under the “American Worker” name. ​ Recent Developments ​ Our business and opportunities for growth depend on consumer discretionary spending, and as such, our results are particularly sensitive to economic conditions and consumer confidence. I nflation (which has occurred over the past twelve months and is continuing) and other challenges affecting the global economy could impact our operations and ​ Basis of Presentation ​ The Company’s condensed consolidated financial statements as of and for the thirteen and thirty-nine weeks ended December 24, 2022 and December 25, 2021 are prepared in accordance with accounting principles generally accepted in the United States (“GAAP”), and include the accounts of the Company and each of its subsidiaries, consisting of Boot Barn, Inc., RCC Western Stores, Inc., Baskins Acquisition Holdings, LLC, Sheplers, LLC and Sheplers Holding LLC (collectively with Sheplers, LLC, “Sheplers”). All intercompany accounts and transactions among the Company and its subsidiaries have been eliminated in consolidation. The vast majority of the Company’s identifiable assets are in the United States. Certain information and footnote disclosures normally included in the Company’s annual consolidated financial statements have been condensed or omitted. ​ In the opinion of management, the interim condensed consolidated financial statements reflect all adjustments that are of a normal and recurring nature necessary to fairly present the Company’s financial position and results of operations and cash flows in all material respects as of the dates and for the periods presented. The results of operations presented in the interim condensed consolidated financial statements are not necessarily indicative of the results that may be expected for the fiscal year ending April 1, 2023. ​ Fiscal Periods ​ The Company reports its results of operations and cash flows on a 52- or 53-week basis ending on the last Saturday of March unless April 1st is a Saturday, in which case the fiscal year ends on April 1st. In a 52-week year, each quarter includes thirteen weeks of operations; in a 53-week fiscal year, the first, second and third quarters each include thirteen weeks of operations and the fourth quarter includes fourteen weeks of operations. The current fiscal year ending on April 1, 2023 (“fiscal 2023”) will consist of 53 weeks; whereas, the fiscal year ended on March 26, 2022 (“fiscal 2022”) consisted of 52 weeks.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Dec. 24, 2022
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies ​ Information regarding the Company’s significant accounting policies is contained in Note 2, “Summary of Significant Accounting Policies”, to the consolidated financial statements included in the Company’s Fiscal 2022 10-K. Presented below in the following notes is supplemental information that should be read in conjunction with those consolidated financial statements. ​ Comprehensive Income ​ The Company does not have any components of other comprehensive income recorded within its condensed consolidated financial statements and, therefore, does not separately present a statement of comprehensive income in its condensed consolidated financial statements. ​ Segment Reporting ​ GAAP has established guidance for reporting information about a company’s operating segments, including disclosures related to a company’s products and services, geographic areas and major customers. The Company’s retail stores and e-commerce websites represent two operating segments. Given the similar qualitative and economic characteristics of the two operating segments, the Company’s retail stores and e-commerce websites are aggregated into one reporting segment in accordance with guidance under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 280, Segment Reporting ​ Use of Estimates ​ The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Among the significant estimates affecting the Company’s condensed consolidated financial statements are those relating to revenue recognition, lease accounting, inventories, goodwill, intangible and long-lived assets, stock-based compensation and income taxes. Management regularly evaluates its estimates and assumptions based upon historical experience and various other factors that management believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. To the extent actual results differ from those estimates, the Company’s future results of operations may be affected. ​ Inventories ​ Inventory consists primarily of purchased merchandise and is valued at the lower of cost or net realizable value. Cost is determined using the weighted-average cost method (which approximates the first-in, first-out method) and includes the cost of merchandise and import-related costs, including freight, duty and agent commissions. The Company assesses the recoverability of inventory through a periodic review of historical usage and present demand. When the inventory on hand exceeds the foreseeable demand, the value of inventory that, at the time of the review, is not expected to be sold at or above cost is written down to its estimated net realizable value. ​ Leases ​ Operating and finance lease liabilities are recognized at the lease commencement date based on the present value of the fixed lease payments using the Company's incremental borrowing rates for its population of leases. Related operating and finance lease right-of-use (“ROU”) assets are recognized based on the initial present value of the fixed lease payments, reduced by cash payments received from landlords as lease incentives, plus any prepaid rent and other direct costs from executing the leases. Amortization of both operating and finance lease right-of-use assets is performed on a straight-line basis and recorded as part of rent expense. The majority of total lease costs is recorded as part of cost of goods sold, with the balance recorded in selling, general and administrative expenses on the condensed consolidated statements of operations. The interest expense amortization component of the finance lease liabilities is recorded within interest expense on the condensed consolidated statements of operations. ​ Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these leases on a straight-line basis over the lease term. Variable lease payments are recognized as lease expense as they are incurred. ​ Fair Value of Certain Financial Assets and Liabilities ​ The Company follows FASB ASC Topic 820, Fair Value Measurements and Disclosures ​ ● Level 1 uses unadjusted quoted prices that are available in active markets for identical assets or liabilities. ​ ● Level 2 uses inputs other than quoted prices included in Level 1 that are either directly or indirectly observable through correlation with market data. These include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; and inputs to valuation models or other pricing methodologies that do not require significant judgment because the inputs used in the model, such as interest rates, incremental borrowing rates, and volatility, can be corroborated by readily observable market data. ​ ● Level 3 uses one or more significant inputs that are unobservable and supported by little or no market activity, and reflect the use of significant management judgment. Level 3 assets and liabilities include those whose fair value measurements are determined using pricing models, discounted cash flow methodologies or similar valuation techniques and significant management judgment or estimation. The Company’s Level 3 assets include certain acquired businesses and the evaluation of store impairment. ​ Cash and cash equivalents, accounts receivable and accounts payable are classified according to the lowest level input that is significant to the fair value measurement. As a result, the asset or liability could be classified as Level 2 or Level 3 even though there may be certain significant inputs that are readily observable. The Company believes that the recorded value of its financial instruments approximates their current fair values because of their nature and respective relatively short maturity dates or duration. ​ Although market quotes for the fair value of the outstanding debt arrangements discussed in Note 4, “Revolving Credit Facilities and Long-Term Debt” are not readily available, the Company believes its carrying value approximates fair value due to the variable interest rates, which are Level 2 inputs. There were no financial assets or liabilities ​ Recent Accounting Pronouncements ​ In January 2021, the FASB issued ASU No. 2021-01, Reference Rate Reform (Topic 848), which clarifies some of its guidance around reference rate reform activities as global market participants undertake efforts to transition from using or referencing the London Interbank Offered Rate (LIBOR) and other interbank offered rates to using or referencing alternative reference rates. The amendments in this ASU if elected by an entity, are effective immediately. Unlike other topics, the provisions of this update are only available until December 31, 2022, by which time the reference rate replacement activity is expected to be completed. The revised standard did not have an impact on the Company’s consolidated financial statements. Revenue Recognition Revenue is recorded for store sales upon the purchase of merchandise by customers. Sales are recorded net of taxes collected from customers. Transfer of control takes place at the point at which the customer receives and pays for the merchandise at the register. E-commerce sales are recorded when control transfers to the customer, which generally occurs upon delivery of the product. Shipping and handling revenues are included in total net sales. Shipping costs incurred by the Company are included in cost of goods sold. Revenue is recorded net of estimated and actual sales returns and deductions for coupon redemptions, estimated future award redemption and other promotions. The sales returns reserve reflects an estimate of sales returns based on projected merchandise returns determined through the use of historical average return percentages. The total reserve for returns is recorded in accrued expenses and other current liabilities in the consolidated balance sheets. The Company accounts for the return asset and liability separately on a gross basis. The Company maintains a customer loyalty program. Under the program, customers accumulate points based on purchase activity. For customers to maintain their active point balance, they must make a qualifying purchase of merchandise at least once in a 365-day period. Once a loyalty program member achieves a certain point level, the member earns awards that may be redeemed for credits on merchandise purchases. To redeem awards, the member must make a qualifying purchase of merchandise within 60 days of the date the award was granted. Unredeemed awards and accumulated partial points are accrued as unearned revenue until redemption or expiration and, upon redemption and expiration, as an adjustment to net sales using the relative standalone selling price method. The unearned revenue for this program is recorded in accrued expenses and other current liabilities on the consolidated balance sheets and was $5.1 million as of December 24, 2022 and $4.1 million as of December 25, 2021. The following table provides a reconciliation of the activity related to the Company’s customer loyalty program: ​ ​ ​ ​ ​ ​ ​ ​ Customer Loyalty Program ​ ​ ​ ​ ​ (in thousands) December 24, 2022 ​ December 25, 2021 Beginning balance as of March 26, 2022 and March 27, 2021, respectively $ 3,504 ​ $ 2,485 Year-to-date provisions ​ ​ 14,785 ​ ​ 10,971 Year-to-date award redemptions ​ ​ (13,191) ​ ​ (9,333) Ending balance ​ $ 5,098 ​ $ 4,123 ​ Proceeds from the sale of gift cards are deferred until the customers use the cards to acquire merchandise. Gift cards, gift certificates and store credits do not have expiration dates, and unredeemed gift cards, gift certificates and store credits are subject to state escheatment laws. Amounts remaining after escheatment are recognized in net sales in the period escheatment occurs and the liability is considered to be extinguished. The Company defers recognition of a layaway sale and its related profit to the accounting period when the customer receives the layaway merchandise. Income from the redemption of gift cards, gift card breakage, and the sale of layaway merchandise is included in net sales. Deferred revenue is recorded in accrued expenses and other current liabilities in the consolidated balance sheets. The following table provides a reconciliation of the activity related to the Company’s gift card program: ​ ​ ​ ​ ​ ​ ​ ​ Gift Card Program ​ ​ ​ ​ ​ (in thousands) December 24, 2022 ​ December 25, 2021 Beginning balance as of March 26, 2022 and March 27, 2021, respectively $ 15,392 ​ $ 11,569 Year-to-date issued ​ ​ 30,580 ​ ​ 24,354 Year-to-date redemptions ​ ​ (19,482) ​ ​ (14,199) Ending balance ​ $ 26,490 ​ $ 21,724 ​ Disaggregated Revenue The Company disaggregates net sales into the following major merchandise categories: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Thirteen Weeks Ended ​ ​ Thirty-Nine Weeks Ended % of Net Sales ​ December 24, 2022 ​ December 25, 2021 ​ ​ December 24, 2022 ​ December 25, 2021 Footwear ​ 43% ​ 44% ​ ​ 46% ​ 48% Apparel ​ ​ 41% ​ 39% ​ ​ 37% ​ 36% Hats, accessories and other ​ ​ 16% ​ 17% ​ ​ 17% ​ 16% Total ​ ​ 100% ​ 100% ​ ​ 100% ​ 100% ​ The Company further disaggregates net sales between stores and e-commerce: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Thirteen Weeks Ended ​ ​ Thirty-Nine Weeks Ended % of Net Sales ​ December 24, 2022 ​ December 25, 2021 ​ ​ December 24, 2022 ​ December 25, 2021 Stores ​ 85% ​ 82% ​ ​ 87% ​ 84% E-commerce ​ ​ 15% ​ 18% ​ ​ 13% ​ 16% Total ​ ​ 100% ​ 100% ​ ​ 100% ​ 100% ​

Intangible Assets, Net and Good

Intangible Assets, Net and Goodwill	9 Months Ended
	Dec. 24, 2022
Intangible Assets, Net and Goodwill
Intangible Assets, Net and Goodwill	3. Intangible Assets, Net and Goodwill ​ Net intangible assets as of December 24, 2022 and March 26, 2022 consisted of the following (in thousands, except for weighted average useful life): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 24, 2022 ​ ​ Gross ​ ​ ​ ​ Weighted ​ ​ Carrying ​ Accumulated ​ ​ ​ ​ Average ​ Amount Amortization Net Useful Life Customer lists—definite lived ​ $ 345 ​ $ (256) ​ $ 89 5.0 Trademarks—indefinite lived ​ 60,677 ​ — ​ 60,677 ​ ​ Total intangible assets ​ $ 61,022 ​ $ (256) ​ $ 60,766 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 26, 2022 ​ ​ Gross ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ Carrying ​ Accumulated ​ ​ ​ ​ Average ​ Amount Amortization Net Useful Life Customer lists—definite lived ​ $ 345 ​ $ (209) ​ $ 136 5.0 Trademarks—indefinite lived ​ 60,677 ​ — ​ 60,677 ​ ​ Total intangible assets ​ $ 61,022 ​ $ (209) ​ $ 60,813 ​ ​ ​ Amortization expense for intangible assets totaled less than $0.1 million for both the thirteen and thirty-nine weeks ended December 24, 2022 and December 25, 2021, and is included in selling, general and administrative expenses. ​ As of December 24, 2022, estimated future amortization of intangible assets was as follows: ​ ​ ​ ​ ​ Fiscal Year (in thousands) 2023 $ 15 2024 ​ 54 2025 ​ 20 2026 ​ - 2027 ​ - Thereafter ​ - Total ​ $ 89 ​ The Company performs its annual goodwill impairment assessment on the first day of its fourth fiscal quarter, or more frequently if it believes that indicators of impairment exist. The Company’s goodwill balance was $197.5 million as of both December 24, 2022 and March 26, 2022. As of December 24, 2022, the Company had identified no indicators of impairment with respect to its goodwill and intangible asset balances. During both the thirteen and thirty-nine weeks ended December 24, 2022 and December 25, 2021, the Company did not record any long-lived asset impairment charges.

Revolving Credit Facility and L

Revolving Credit Facility and Long-Term Debt	9 Months Ended
	Dec. 24, 2022
Revolving Credit Facility and Long-Term Debt
Revolving Credit Facility and Long-Term Debt	4. Revolving Credit Facility and Long-Term Debt ​ On June 29, 2015, the Company, as guarantor, and its wholly-owned primary operating subsidiary, Boot Barn, Inc., refinanced a previous Wells Fargo credit facility with the $125.0 million syndicated senior secured asset-based revolving credit facility for which Wells Fargo Bank, National Association (“June 2015 Wells Fargo Revolver”), is agent, and the $200.0 million syndicated senior secured term loan for which GCI Capital Markets LLC (“2015 Golub Term Loan”) was agent. ​ The borrowing base of the June 2015 Wells Fargo Revolver is calculated on a monthly basis and is based on the amount of eligible credit card receivables, commercial accounts, inventory, and available reserves. ​ Borrowings under the June 2015 Wells Fargo Revolver bear interest at per annum rates equal to, at the Company’s option, either (i) London Interbank Offered Rate (“LIBOR”) plus an applicable margin for LIBOR Loans, or (ii) the base rate plus an applicable margin for base rate loans. The base rate is calculated as the highest of (a) the federal funds rate plus 0.5%, (b) the Wells Fargo prime rate and (c) one-month LIBOR plus 1.0%. The applicable margin is calculated based on a pricing grid that in each case is linked to quarterly average excess availability. For LIBOR Loans, the applicable margin ranges from 1.00% to 1.25%, and for base rate loans it ranges from 0.00% to 0.25%. The Company also pays a commitment fee of 0.25% per annum of the actual daily amount of the unutilized revolving loans. The interest on the June 2015 Wells Fargo Revolver is payable in quarterly installments ending on the maturity date. On May 26, 2017, the Company entered into an amendment to the June 2015 Wells Fargo Revolver (the “2017 Wells Amendment”), increasing the aggregate revolving credit facility to $135.0 million and extending the maturity date to the earlier of May 26, 2022 or 90 days prior to the previous maturity of the 2015 Golub Term Loan, which was then scheduled to mature on June 29, 2021. On June 6, 2019, the Company entered into Amendment No. 3 to the Credit Agreement (the “2019 Wells Amendment”), further increasing the aggregate revolving credit facility to $165.0 million and extending the maturity date to June 6, 2024. The 2019 Wells Amendment further made changes to the 2015 Wells Fargo Revolver in connection with the transition away from LIBOR as the benchmark rate. On July 26, 2021, the Company entered into an amendment (the “2021 Wells Amendment”), increasing the aggregate revolving credit facility to $180.0 million. On July 11, 2022, the Company entered into Amendment No. 4 to the Credit Agreement (the “2022 Wells Amendment”), increasing the aggregate revolving credit facility to $250.0 million, which includes a $10.0 million sublimit for letters of credit. The 2022 Wells Amendment extended the maturity date to July 11, 2027. The 2022 Wells Amendment also made other changes to the June 2015 Wells Fargo Revolver, replacing all LIBOR based provisions with provisions reflecting Term Secured Overnight Financing Rate (“SOFR”), including, without limitation, the use of Term SOFR as the benchmark rate. Following the 2022 Wells Amendment, Revolving Credit Loans bear interest at per annum rates equal to, at the Company’s option, either (i) Adjusted Term SOFR (defined as Term SOFR plus 0.10%) plus an applicable margin for Term SOFR loans, or (ii) the base rate plus an applicable margin for base rate loans. The base rate is calculated as the highest of (a) the federal funds rate plus 0.5%, (b) the Wells Fargo prime rate and (c) Term SOFR for a one month tenor in effect on such day plus 1.0%. The applicable margin is calculated based on a pricing grid that in each case is linked to quarterly average excess availability. For SOFR loans, the applicable margin ranges from 1.00% to 1.25% and for base rate loans it ranges from 0.00% to 0.25%. ​ The amounts outstanding under the June 2015 Wells Fargo Revolver and letter of credit commitments as of December 24, 2022 were $59.1 million and $0.8 million, respectively. The amounts outstanding under the June 2015 Wells Fargo Revolver and letter of credit commitments as of March 26, 2022 were $28.5 million and zero, respectively. Total interest expense incurred in the thirteen and thirty-nine weeks ended December 24, 2022 on the June 2015 Wells Fargo Revolver was $2.1 million and $3.8 million, respectively, and the weighted average interest rate for the thirteen weeks ended December 24, 2022 was 4.9%. Total interest expense incurred in the thirteen and thirty-nine weeks ended December 25, 2021 on the June 2015 Wells Fargo Revolver was $0.2 million and $0.5 million, respectively. ​ On December 14, 2021, the Company repaid the remaining outstanding principal under the 2015 Golub Term Loan and terminated the agreement. Total interest expense incurred in the thirteen and thirty-nine weeks ended December 25, 2021 on the 2015 Golub Term Loan was $0.6 million and $2.5 million, respectively, and the weighted average interest rate for the thirteen weeks ended December 25, 2021 was 5.5% . ​ All obligations under the June 2015 Wells Fargo Revolver are unconditionally guaranteed by the Company and each of its direct and indirect domestic subsidiaries (other than certain immaterial subsidiaries) which are not named as borrowers under the June 2015 Wells Fargo Revolver. ​ The June 2015 Wells Fargo Revolver contains customary provisions relating to mandatory prepayments, restricted payments, voluntary payments, affirmative and negative covenants, and events of default, and requires the Company to maintain, on a consolidated basis, a Consolidated Fixed Charge Coverage Ratio of at least 1.00:1.00 during such times as a covenant trigger event shall exist. The June 2015 Wells Fargo Revolver also requires the Company to pay additional interest of 2.0% per annum upon triggering certain specified events of default set forth therein. For financial accounting purposes, the requirement for the Company to pay a higher interest rate upon an event of default is an embedded derivative. As of December 24, 2022, the fair value of this embedded derivative was estimated and was not significant. ​ As of December 24, 2022, the Company was in compliance with the June 2015 Wells Fargo Revolver debt covenant. ​ Debt Issuance Costs ​ Debt issuance costs totaling $1.7 million were incurred under the June 2015 Wells Fargo Revolver, 2017 Wells Amendment, 2019 Wells Amendment, 2021 Wells Amendment, and 2022 Wells Amendment and are included as assets on the condensed consolidated balance sheets in prepaid expenses and other current assets. Total unamortized debt issuance costs were $0.5 million and $0.2 million as of December 24, 2022 and March 26, 2022, respectively. These amounts are being amortized to interest expense over the term of the June 2015 Wells Fargo Revolver. ​ Total amortization expense of less than $0.1 million and $0.1 million related to the June 2015 Wells Fargo Revolver is included as a component of interest expense in the thirteen and thirty-nine weeks ended December 24, 2022, respectively. ​ Total amortization expense of $0.1 million and $0.4 million related to the June 2015 Wells Fargo Revolver and 2015 Golub Term Loan is included as a component of interest expense in the thirteen and thirty-nine weeks ended December 25, 2021, respectively. Interest expense in the thirty-nine weeks ended December 25, 2021 also includes the write-off of $1.4 million of debt issuance costs and debt discount associated with the paydown of the 2015 Golub Term Loan.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Dec. 24, 2022
Stock-Based Compensation
Stock-Based Compensation	5. Stock-Based Compensation ​ Equity Incentive Plans ​ On October 19, 2014, the Company approved the 2014 Equity Incentive Plan, which was amended as of August 24, 2016 (as amended, the “2014 Plan”). The 2014 Plan authorizes the Company to issue awards to employees, consultants and directors for up to a total of 3,600,000 shares of common stock, par value $0.0001 per share eight four one one four ​ On August 26, 2020, the Company approved the 2020 Equity Incentive Plan (the “2020 Plan”). Following the approval of the 2020 Plan, no further grants have been made under the 2014 Plan. The 2020 Plan authorizes the Company to issue awards to employees and directors for up to a total of 2,000,000 shares of common stock, par value $0.0001 per share one three ​ Stock Options ​ During the thirteen weeks ended December 24, 2022, the Company did not grant options to purchase shares. ​ During the thirty-nine weeks ended December 24, 2022, the Company granted its Chief Executive Officer ("CEO") an option to purchase 86,189 shares of common stock under the 2020 Plan. This option contains both service and market vesting conditions. Vesting of this option is contingent upon the market price of the Company's common stock achieving three stated price targets for 30 consecutive trading days through the third anniversary of the date of grant. If the first market price target is met, 33% of the option granted will cliff vest on the third anniversary of the date of grant, with an additional 33% of the option vesting on the third anniversary of the date of grant if the second market price target is met, and the last 34% of the option vesting on the third anniversary of the date of grant if the final market price target is met. The total grant date fair value of this option was $4.0 million, with a grant date fair value of $46.41 per share. The Company is recognizing the expense relating to this stock option on a straight-line basis over the three-year service period. The exercise price of this award is $86.96 per share. The fair value of the option was estimated using a Monte Carlo simulation model. The following significant assumptions were used as of May 12, 2022, the date of grant: ​ ​ ​ ​ ​ ​ Stock price $ 86.96 Exercise price ​ $ 86.96 ​ Expected option term (1) ​ 6.5 years Expected volatility (2) ​ 65.9 % Risk-free interest rate (3) ​ ​ 2.8 % Expected annual dividend yield ​ ​ 0 % (1) The Company has limited historical information regarding expected option term. Accordingly, the Company determined the expected life of the options using the simplified method. (2) Stock volatility for each grant is measured using the weighted average of historical daily price changes of the Company’s stock over the most recent period equal to the expected option term of the Company’s awards. (3) The risk-free interest rate is determined using the rate on treasury securities with the same term. ​ During both the thirteen and thirty-nine weeks ended December 25, 2021, the Company did no t grant options to purchase shares. ​ Intrinsic value for stock options is defined as the difference between the market price of the Company’s common stock on the last business day of the fiscal quarter and the weighted average exercise price of in-the-money stock options outstanding at the end of each fiscal period. ​ The following table summarizes the stock award activity for the thirty-nine weeks ended December 24, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grant Date ​ Weighted ​ ​ ​ ​ ​ ​ ​ Weighted ​ Average ​ Aggregate ​ ​ Stock ​ Average ​ Remaining ​ Intrinsic ​ Options Exercise Price Contractual Life Value ​ ​ ​ ​ ​ ​ ​ (in years) ​ (in thousands) Outstanding at March 26, 2022 728,079 ​ $ 23.44 ​ ​ ​ ​ ​ Granted 86,189 ​ $ 86.96 ​ ​ ​ ​ ​ Exercised ​ (14,297) ​ $ 23.02 ​ ​ ​ $ 723 Cancelled, forfeited or expired — ​ $ — ​ ​ ​ ​ ​ Outstanding at December 24, 2022 799,971 ​ $ 30.29 6.2 ​ $ 27,302 Vested and expected to vest after December 24, 2022 799,971 ​ $ 30.29 6.2 ​ $ 27,302 Exercisable at December 24, 2022 298,465 ​ $ 19.59 4.6 ​ $ 12,569 ​ A summary of the status of non-vested stock options as of December 24, 2022 including changes during the thirty-nine weeks ended December 24, 2022 is presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted- ​ ​ ​ ​ Average ​ ​ ​ ​ Grant Date ​ Shares Fair Value Nonvested at March 26, 2022 626,976 ​ $ 9.14 Granted 86,189 ​ $ 46.41 Vested (211,659) ​ $ 8.20 Nonvested shares forfeited — ​ $ — Nonvested at December 24, 2022 501,506 ​ $ 15.94 ​ Restricted Stock Units ​ During the thirteen weeks ended December 24, 2022, the Company did not grant restricted stock units. ​ During the thirty-nine weeks ended December 24, 2022, the Company granted 94,262 restricted stock units to various directors and employees under the 2020 Plan. The shares granted to employees vest in three first ​ During the thirteen weeks ended December 25, 2021, the Company granted 1,387 restricted stock units to various employees under the 2020 Plan. The shares granted to employees vest in four ​ During the thirty-nine weeks ended December 25, 2021, the Company granted 65,662 restricted stock units to various directors and employees under the 2020 Plan. The shares granted to employees vest in four first ​ Performance Share Units ​ During both the thirteen weeks ended December 24, 2022 and December 25, 2021, the Company did not grant performance share units. ​ During the thirty-nine weeks ended December 24, 2022, the Company granted 57,843 performance share units to various employees under the 2020 Plan with a grant date fair value of $5.0 million. ​ During the thirty-nine weeks ended December 25, 2021, the Company granted 33,571 performance share units to various employees under the 2020 Plan with a grant date fair value of $2.6 million. ​ The performance share units granted in both the thirty-nine weeks ended December 24, 2022 and December 25, 2021 are stock-based awards in which the number of shares ultimately received depends on the Company's performance against its cumulative earnings per share target over a three-year performance period. The performance period for the performance share units granted during the thirty-nine weeks ended December 24, 2022 began on March 27, 2022 and ends on March 29, 2025. The performance period for the performance share units granted during the thirty-nine weeks ended December 25, 2021 began on March 28, 2021 and ends on March 30, 2024. The performance metrics were established by the Company at the beginning of the performance periods. At the end of the performance periods, the number of performance shares to be issued is fixed based upon the degree of achievement of the performance goals. If the cumulative three-year performance goals are below the threshold level, the number of performance share units to vest will be 0%, if the performance goals are at the threshold level, the number of performance share units to vest will be 50% of the target amounts, if the performance goals are at the target level, the number of performance share units to vest will be 100% of the target amounts, and if the performance goals are at the maximum level, the number of performance share units to vest will be 200% of the target amounts, each subject to continued service through the last day of the performance periods (subject to certain exceptions). If performance is between threshold and target goals or between target and maximum goals, the number of performance share units to vest will be determined by linear interpolation. The number of shares ultimately issued can range from 0% to 200% of the participant's target award. ​ The grant date fair value of the performance share units granted during both the thirty-nine weeks ended December 24, 2022 and December 25, 2021, respectively, was initially measured using the Company's closing stock price on the dates of grant with the resulting stock compensation expense recognized on a straight-line basis over the three-year vesting periods, subject to certain exceptions. The expense recognized over the vesting periods is adjusted up or down on a quarterly basis based on the anticipated performance level during the performance period. If the performance metrics are not probable of achievement during the performance periods, stock compensation expense would be reversed. The awards are forfeited if the threshold performance goals are not achieved as of the end of the performance periods. ​ Stock-Based Compensation Expense ​ Stock-based compensation expense was $2.4 million and $1.8 million for the thirteen weeks ended December 24, 2022 and December 25, 2021, respectively. Stock-based compensation expense was $9.6 million and $7.8 million for the thirty-nine weeks ended December 24, 2022 and December 25, 2021, respectively. Stock-based compensation expense of $0.3 million and $0.2 million was recorded in cost of goods sold in the condensed consolidated statements of operations for ​ As of December 24, 2022, there was $4.2 million of total unrecognized stock-based compensation expense related to unvested stock options, with a weighted-average remaining recognition period of 2.08 years. As of December 24, 2022, there was $7.9 million of total unrecognized stock-based compensation expense related to restricted stock units, with a weighted-average remaining recognition period of 2.17 years. As of December 24, 2022, there was $4.4 million of total unrecognized stock-based compensation expense related to performance share units, with a weighted-average remaining recognition period of 2.02 years.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Dec. 24, 2022
Commitments and Contingencies
Commitments and Contingencies	6. Commitments and Contingencies ​ The Company is involved, from time to time, in litigation that is incidental to its business. The Company has reviewed these matters to determine if reserves are required for losses that are probable and reasonable to estimate in accordance with FASB ASC Topic 450, Contingencies ​ On May 8, 2019, Sheplers, LLC (formerly known as Sheplers, Inc. prior to September 26, 2021), a wholly-owned subsidiary of the Company, was named as defendant in a class-action complaint filed in the Superior Court of California, County of Los Angeles. Among other things, the complaint generally alleged deceptive pricing on merchandise sold in Sheplers’ e-commerce site. The Company reached a settlement for an amount that is not material to the condensed consolidated financial statements, and all settlement amounts have been paid as of December 24, 2022. ​ On February 27, 2020, one employee, on behalf of themself and all other similarly situated employees, filed a class action lawsuit against the Company, which includes claims for penalties under California’s Private Attorney General Act, in the Sacramento County Superior Court, Case No. 34-2019-00272000-CU-OE-GDS, alleging violations of California’s wage and hour, overtime, meal periods and rest breaks, and an alleged violation of the suitable seating requirement as per California Labor Law among other things. The complaint seeks an unspecified amount of damages and penalties. The Company intends to defend this claim vigorously. As of December 24, 2022, the Company has recorded an amount for the estimated probable loss, which is not material to the condensed consolidated financial statements. Depending on the actual outcome of pending litigation, charges in excess of such recorded amount could be recorded in the future, which may have a material adverse effect on the Company’s financial position, results of operations or liquidity. ​ The Company is also subject to certain other pending or threatened litigation matters incidental to its business. In management's opinion, none of these legal matters, individually or in the aggregate, will have a material effect on the Company's financial position, results of operations, or liquidity. ​ During the normal course of its business, the Company has made certain indemnifications and commitments under which the Company may be required to make payments for certain transactions. These indemnifications include those given to various lessors in connection with facility leases for certain claims arising from such facility leases, and indemnifications to directors and officers of the Company to the maximum extent permitted under the laws of the State of Delaware. The majority of these indemnifications and commitments do not provide for any limitation of the maximum potential future payments the Company could be obligated to make, and their duration may be indefinite. The Company has not recorded any liability for these indemnifications and commitments in the condensed consolidated balance sheets as the impact is expected to be immaterial.

Leases

Leases	9 Months Ended
	Dec. 24, 2022
Leases
Leases	7. Leases ​ The Company does not own any real estate. Instead, most of its retail store locations are occupied under operating leases. The store leases generally have a base lease term of five , on average, exercisable at the Company’s option. The Company is generally responsible for the payment of property taxes and insurance, utilities and common area maintenance fees. Some leases also require additional payments based on percentage of sales. Lease terms include the non-cancellable portion of the underlying leases along with any reasonably certain lease periods associated with available renewal periods, termination options and purchase options. ​ ROU assets are tested for impairment in the same manner as long-lived assets. During both the thirteen and thirty-nine weeks ended December 24, 2022 and December 25, 2021, the Company did not record ROU asset impairment charges related to its stores. ​ ROU assets and lease liabilities as of December 24, 2022 and March 26, 2022 consist of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance Sheet Classification ​ December 24, 2022 (in thousands) ​ March 26, 2022 (in thousands) Assets ​ ​ ​ ​ ​ ​ ​ ​ Finance lease assets ​ Right-of-use assets, net ​ $ 9,572 ​ $ 10,254 Operating lease assets ​ Right-of-use assets, net ​ 297,574 ​ 230,893 Total lease assets ​ ​ ​ $ 307,146 ​ $ 241,147 ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities ​ ​ ​ ​ ​ ​ Current ​ ​ ​ ​ ​ ​ ​ ​ Finance ​ Short-term lease liabilities ​ $ 867 ​ $ 838 Operating ​ Short-term lease liabilities ​ ​ 48,359 ​ ​ 42,279 Total short-term lease liabilities ​ ​ ​ $ 49,226 ​ $ 43,117 ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-Current ​ ​ ​ ​ ​ ​ ​ ​ Finance ​ Long-term lease liabilities ​ $ 15,509 ​ $ 16,164 Operating ​ Long-term lease liabilities ​ ​ 292,656 ​ ​ 218,420 Total long-term lease liabilities ​ ​ ​ $ 308,165 ​ $ 234,584 Total lease liabilities ​ ​ ​ $ 357,391 ​ $ 277,701 ​ Total lease costs for the thirteen and thirty-nine weeks ended December 24, 2022 and December 25, 2021 were: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Thirteen Weeks Ended ​ Thirty-Nine Weeks Ended ​ ​ (in thousands) December 24, 2022 ​ December 25, 2021 ​ December 24, 2022 ​ December 25, 2021 ​ ​ Finance lease cost ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortization of right-of-use assets ​ $ 213 ​ $ 256 ​ $ 682 ​ $ 675 ​ ​ Interest on lease liabilities ​ ​ 177 ​ ​ 188 ​ ​ 539 ​ ​ 587 ​ ​ Total finance lease cost ​ $ 390 ​ $ 444 ​ $ 1,221 ​ $ 1,262 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease cost ​ $ 15,860 ​ $ 12,703 ​ $ 45,076 ​ $ 36,887 ​ ​ Short-term lease cost ​ ​ 1,736 ​ ​ 1,539 ​ ​ 3,646 ​ ​ 2,800 ​ ​ Variable lease cost ​ ​ 6,124 ​ ​ 5,860 ​ ​ 16,874 ​ ​ 14,817 ​ ​ Total lease cost ​ $ 24,110 ​ $ 20,546 ​ $ 66,817 ​ $ 55,766 ​ ​ ​ The following table summarizes future lease payments as of December 24, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating Leases ​ Finance Leases Fiscal Year ​ (in thousands) ​ (in thousands) 2023 ​ $ 7,004 ​ $ 386 2024 ​ 63,944 ​ 1,544 2025 ​ 60,765 ​ 1,516 2026 ​ ​ 53,947 ​ ​ 1,553 2027 ​ ​ 45,207 ​ ​ 1,590 Thereafter ​ 185,352 ​ 14,524 Total ​ ​ 416,219 ​ ​ 21,113 Less: Imputed interest ​ ​ (75,204) ​ ​ (4,737) Present value of net lease payments ​ $ 341,015 ​ $ 16,376 ​ The following table includes supplemental lease information: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Thirty-Nine Weeks Ended ​ ​ Thirty-Nine Weeks Ended ​ Supplemental Cash Flow Information (dollars in thousands) ​ December 24, 2022 ​ ​ December 25, 2021 ​ Cash paid for amounts included in the measurement of lease liabilities ​ ​ ​ ​ ​ ​ ​ ​ Operating cash flows used for operating leases ​ $ 44,653 ​ ​ $ 37,753 ​ Operating cash flows used for finance leases ​ 350 ​ ​ — ​ Financing cash flows used for finance leases ​ ​ 824 ​ ​ ​ 1,192 ​ ​ ​ $ 45,827 ​ ​ $ 38,945 ​ Lease liabilities arising from new right-of-use assets ​ ​ ​ ​ ​ ​ ​ ​ Operating leases ​ $ 101,203 ​ ​ $ 66,557 ​ Finance leases ​ $ — ​ ​ $ 3,148 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average remaining lease term (in years) ​ ​ ​ ​ ​ ​ ​ ​ Operating leases ​ ​ 8.0 ​ ​ ​ 6.5 ​ Finance leases ​ ​ 12.6 ​ ​ ​ 13.5 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average discount rate ​ ​ ​ ​ ​ ​ ​ ​ Operating leases ​ ​ 4.6 % ​ ​ 4.9 % Finance leases ​ ​ 10.9 % ​ ​ 10.9 % ​

Income Taxes

Income Taxes	9 Months Ended
	Dec. 24, 2022
Income Taxes
Income Taxes	8. Income Taxes ​ The Company accounts for income taxes in accordance with ASC 740, Income Taxes ​ The income tax rate was 24.9% and 23.6% for the thirteen weeks ended December 24, 2022 and December 25, 2021, respectively, and 24.5% and 22.5% for the thirty-nine weeks ended December 24, 2022 and December 25, 2021, respectively. The tax rate for the thirteen and thirty-nine weeks ended December 24, 2022 was higher than the tax rate for the thirteen and thirty-nine weeks ended December 25, 2021, primarily due to a lower tax benefit due to income tax accounting for stock-based compensation compared to the thirteen and thirty-nine weeks ended December 25, 2021. Valuation allowances are established, when necessary, to reduce deferred income tax assets to the amounts expected to be realized. To this end, the Company has considered and evaluated its sources of taxable income, including forecasted future taxable income, and has concluded that a valuation allowance is not required as of December 24, 2022. The Company will continue to evaluate the need for a valuation allowance at each period end. ​ The Company’s policy is to accrue interest and penalties related to unrecognized tax benefits as a component of income tax expense. At December 24, 2022 and March 26, 2022, the Company had no accrued liability for penalties and interest. ​ The Company files income tax returns in the U.S. federal jurisdiction and various state jurisdictions. As of December 24, 2022, the Company is not aware of tax examinations (current or potential) in any tax jurisdictions.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Dec. 24, 2022
Related Party Transactions
Related Party Transactions	9. Related Party Transactions ​ During the thirteen and thirty-nine weeks ended December 24, 2022 and December 25, 2021, the Company had capital expenditures with Floor & Decor Holdings, Inc., a specialty retail vendor in the flooring market. These capital expenditures amounted to less than $0.1 million and $0.2 million in the thirteen weeks ended December 24, 2022 and December 25, 2021, respectively, and were recorded as property and equipment, net on the condensed consolidated balance sheets. These capital expenditures amounted to $0.1 million and $0.6 million in the thirty-nine weeks ended December 24, 2022 and December 25, 2021, respectively, and were recorded as property and equipment, net on the condensed consolidated balance sheets. One member of the Company’s board of directors currently serves on the board of directors at Floor & Decor Holdings, Inc. Additionally, one member of the Company’s board of directors served as an executive officer at Floor & Decor Holdings, Inc. through April 2022.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Dec. 24, 2022
Earnings Per Share
Earnings Per Share	10. Earnings Per Share ​ Earnings per share is computed under the provisions of FASB ASC Topic 260, Earnings Per Share ​ The components of basic and diluted earnings ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Thirteen Weeks Ended ​ Thirty-Nine Weeks Ended ​ ​ December 24, ​ December 25, ​ December 24, ​ December 25, (in thousands, except per share data) 2022 2021 2022 2021 Net income ​ $ 52,772 ​ $ 69,231 ​ $ 124,144 ​ $ 147,737 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average basic shares outstanding ​ 29,813 ​ 29,637 ​ 29,790 ​ 29,518 Dilutive effect of options and restricted stock ​ 481 ​ 806 ​ 550 ​ 864 Weighted average diluted shares outstanding ​ 30,294 ​ 30,443 ​ 30,340 ​ 30,382 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings per share ​ $ 1.77 ​ $ 2.34 ​ $ 4.17 ​ $ 5.01 Diluted earnings per share ​ $ 1.74 ​ $ 2.27 ​ $ 4.09 ​ $ 4.86 ​ During the thirteen weeks ended December 24, 2022 and December 25, 2021, securities outstanding totaling approximately 227,182 and zero shares, respectively, comprised of options and restricted stock, were excluded from the computation of weighted average diluted common shares outstanding, as the effect of doing so would have been anti-dilutive. ​ During the thirty-nine weeks ended December 24, 2022 and December 25, 2021, securities outstanding totaling approximately 198,107 and zero shares, respectively, comprised of options and restricted stock, were excluded from the computation of weighted average diluted common shares outstanding, as the effect of doing so would have been anti-dilutive.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Dec. 24, 2022
Summary of Significant Accounting Policies
Basis of Presentation	Basis of Presentation ​ The Company’s condensed consolidated financial statements as of and for the thirteen and thirty-nine weeks ended December 24, 2022 and December 25, 2021 are prepared in accordance with accounting principles generally accepted in the United States (“GAAP”), and include the accounts of the Company and each of its subsidiaries, consisting of Boot Barn, Inc., RCC Western Stores, Inc., Baskins Acquisition Holdings, LLC, Sheplers, LLC and Sheplers Holding LLC (collectively with Sheplers, LLC, “Sheplers”). All intercompany accounts and transactions among the Company and its subsidiaries have been eliminated in consolidation. The vast majority of the Company’s identifiable assets are in the United States. Certain information and footnote disclosures normally included in the Company’s annual consolidated financial statements have been condensed or omitted. ​ In the opinion of management, the interim condensed consolidated financial statements reflect all adjustments that are of a normal and recurring nature necessary to fairly present the Company’s financial position and results of operations and cash flows in all material respects as of the dates and for the periods presented. The results of operations presented in the interim condensed consolidated financial statements are not necessarily indicative of the results that may be expected for the fiscal year ending April 1, 2023.
Fiscal Periods	Fiscal Periods ​ The Company reports its results of operations and cash flows on a 52- or 53-week basis ending on the last Saturday of March unless April 1st is a Saturday, in which case the fiscal year ends on April 1st. In a 52-week year, each quarter includes thirteen weeks of operations; in a 53-week fiscal year, the first, second and third quarters each include thirteen weeks of operations and the fourth quarter includes fourteen weeks of operations. The current fiscal year ending on April 1, 2023 (“fiscal 2023”) will consist of 53 weeks; whereas, the fiscal year ended on March 26, 2022 (“fiscal 2022”) consisted of 52 weeks.
Comprehensive Income	Comprehensive Income ​ The Company does not have any components of other comprehensive income recorded within its condensed consolidated financial statements and, therefore, does not separately present a statement of comprehensive income in its condensed consolidated financial statements.
Segment Reporting	Segment Reporting ​ GAAP has established guidance for reporting information about a company’s operating segments, including disclosures related to a company’s products and services, geographic areas and major customers. The Company’s retail stores and e-commerce websites represent two operating segments. Given the similar qualitative and economic characteristics of the two operating segments, the Company’s retail stores and e-commerce websites are aggregated into one reporting segment in accordance with guidance under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 280, Segment Reporting
Use of Estimates	Use of Estimates ​ The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Among the significant estimates affecting the Company’s condensed consolidated financial statements are those relating to revenue recognition, lease accounting, inventories, goodwill, intangible and long-lived assets, stock-based compensation and income taxes. Management regularly evaluates its estimates and assumptions based upon historical experience and various other factors that management believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. To the extent actual results differ from those estimates, the Company’s future results of operations may be affected.
Inventories	Inventories ​ Inventory consists primarily of purchased merchandise and is valued at the lower of cost or net realizable value. Cost is determined using the weighted-average cost method (which approximates the first-in, first-out method) and includes the cost of merchandise and import-related costs, including freight, duty and agent commissions. The Company assesses the recoverability of inventory through a periodic review of historical usage and present demand. When the inventory on hand exceeds the foreseeable demand, the value of inventory that, at the time of the review, is not expected to be sold at or above cost is written down to its estimated net realizable value.
Leases	Leases ​ Operating and finance lease liabilities are recognized at the lease commencement date based on the present value of the fixed lease payments using the Company's incremental borrowing rates for its population of leases. Related operating and finance lease right-of-use (“ROU”) assets are recognized based on the initial present value of the fixed lease payments, reduced by cash payments received from landlords as lease incentives, plus any prepaid rent and other direct costs from executing the leases. Amortization of both operating and finance lease right-of-use assets is performed on a straight-line basis and recorded as part of rent expense. The majority of total lease costs is recorded as part of cost of goods sold, with the balance recorded in selling, general and administrative expenses on the condensed consolidated statements of operations. The interest expense amortization component of the finance lease liabilities is recorded within interest expense on the condensed consolidated statements of operations. ​ Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these leases on a straight-line basis over the lease term. Variable lease payments are recognized as lease expense as they are incurred.
Fair Value of Certain Financial Assets and Liabilities	Fair Value of Certain Financial Assets and Liabilities ​ The Company follows FASB ASC Topic 820, Fair Value Measurements and Disclosures ​ ● Level 1 uses unadjusted quoted prices that are available in active markets for identical assets or liabilities. ​ ● Level 2 uses inputs other than quoted prices included in Level 1 that are either directly or indirectly observable through correlation with market data. These include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; and inputs to valuation models or other pricing methodologies that do not require significant judgment because the inputs used in the model, such as interest rates, incremental borrowing rates, and volatility, can be corroborated by readily observable market data. ​ ● Level 3 uses one or more significant inputs that are unobservable and supported by little or no market activity, and reflect the use of significant management judgment. Level 3 assets and liabilities include those whose fair value measurements are determined using pricing models, discounted cash flow methodologies or similar valuation techniques and significant management judgment or estimation. The Company’s Level 3 assets include certain acquired businesses and the evaluation of store impairment. ​ Cash and cash equivalents, accounts receivable and accounts payable are classified according to the lowest level input that is significant to the fair value measurement. As a result, the asset or liability could be classified as Level 2 or Level 3 even though there may be certain significant inputs that are readily observable. The Company believes that the recorded value of its financial instruments approximates their current fair values because of their nature and respective relatively short maturity dates or duration. ​ Although market quotes for the fair value of the outstanding debt arrangements discussed in Note 4, “Revolving Credit Facilities and Long-Term Debt” are not readily available, the Company believes its carrying value approximates fair value due to the variable interest rates, which are Level 2 inputs. There were no financial assets or liabilities ​
Recent Accounting Pronouncements and Recently Adopted Accounting Pronouncements	Recent Accounting Pronouncements ​ In January 2021, the FASB issued ASU No. 2021-01, Reference Rate Reform (Topic 848), which clarifies some of its guidance around reference rate reform activities as global market participants undertake efforts to transition from using or referencing the London Interbank Offered Rate (LIBOR) and other interbank offered rates to using or referencing alternative reference rates. The amendments in this ASU if elected by an entity, are effective immediately. Unlike other topics, the provisions of this update are only available until December 31, 2022, by which time the reference rate replacement activity is expected to be completed. The revised standard did not have an impact on the Company’s consolidated financial statements.
Revenue Recognition	Revenue Recognition Revenue is recorded for store sales upon the purchase of merchandise by customers. Sales are recorded net of taxes collected from customers. Transfer of control takes place at the point at which the customer receives and pays for the merchandise at the register. E-commerce sales are recorded when control transfers to the customer, which generally occurs upon delivery of the product. Shipping and handling revenues are included in total net sales. Shipping costs incurred by the Company are included in cost of goods sold. Revenue is recorded net of estimated and actual sales returns and deductions for coupon redemptions, estimated future award redemption and other promotions. The sales returns reserve reflects an estimate of sales returns based on projected merchandise returns determined through the use of historical average return percentages. The total reserve for returns is recorded in accrued expenses and other current liabilities in the consolidated balance sheets. The Company accounts for the return asset and liability separately on a gross basis. The Company maintains a customer loyalty program. Under the program, customers accumulate points based on purchase activity. For customers to maintain their active point balance, they must make a qualifying purchase of merchandise at least once in a 365-day period. Once a loyalty program member achieves a certain point level, the member earns awards that may be redeemed for credits on merchandise purchases. To redeem awards, the member must make a qualifying purchase of merchandise within 60 days of the date the award was granted. Unredeemed awards and accumulated partial points are accrued as unearned revenue until redemption or expiration and, upon redemption and expiration, as an adjustment to net sales using the relative standalone selling price method. The unearned revenue for this program is recorded in accrued expenses and other current liabilities on the consolidated balance sheets and was $5.1 million as of December 24, 2022 and $4.1 million as of December 25, 2021. The following table provides a reconciliation of the activity related to the Company’s customer loyalty program: ​ ​ ​ ​ ​ ​ ​ ​ Customer Loyalty Program ​ ​ ​ ​ ​ (in thousands) December 24, 2022 ​ December 25, 2021 Beginning balance as of March 26, 2022 and March 27, 2021, respectively $ 3,504 ​ $ 2,485 Year-to-date provisions ​ ​ 14,785 ​ ​ 10,971 Year-to-date award redemptions ​ ​ (13,191) ​ ​ (9,333) Ending balance ​ $ 5,098 ​ $ 4,123 ​ Proceeds from the sale of gift cards are deferred until the customers use the cards to acquire merchandise. Gift cards, gift certificates and store credits do not have expiration dates, and unredeemed gift cards, gift certificates and store credits are subject to state escheatment laws. Amounts remaining after escheatment are recognized in net sales in the period escheatment occurs and the liability is considered to be extinguished. The Company defers recognition of a layaway sale and its related profit to the accounting period when the customer receives the layaway merchandise. Income from the redemption of gift cards, gift card breakage, and the sale of layaway merchandise is included in net sales. Deferred revenue is recorded in accrued expenses and other current liabilities in the consolidated balance sheets. The following table provides a reconciliation of the activity related to the Company’s gift card program: ​ ​ ​ ​ ​ ​ ​ ​ Gift Card Program ​ ​ ​ ​ ​ (in thousands) December 24, 2022 ​ December 25, 2021 Beginning balance as of March 26, 2022 and March 27, 2021, respectively $ 15,392 ​ $ 11,569 Year-to-date issued ​ ​ 30,580 ​ ​ 24,354 Year-to-date redemptions ​ ​ (19,482) ​ ​ (14,199) Ending balance ​ $ 26,490 ​ $ 21,724 ​ Disaggregated Revenue The Company disaggregates net sales into the following major merchandise categories: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Thirteen Weeks Ended ​ ​ Thirty-Nine Weeks Ended % of Net Sales ​ December 24, 2022 ​ December 25, 2021 ​ ​ December 24, 2022 ​ December 25, 2021 Footwear ​ 43% ​ 44% ​ ​ 46% ​ 48% Apparel ​ ​ 41% ​ 39% ​ ​ 37% ​ 36% Hats, accessories and other ​ ​ 16% ​ 17% ​ ​ 17% ​ 16% Total ​ ​ 100% ​ 100% ​ ​ 100% ​ 100% ​ The Company further disaggregates net sales between stores and e-commerce: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Thirteen Weeks Ended ​ ​ Thirty-Nine Weeks Ended % of Net Sales ​ December 24, 2022 ​ December 25, 2021 ​ ​ December 24, 2022 ​ December 25, 2021 Stores ​ 85% ​ 82% ​ ​ 87% ​ 84% E-commerce ​ ​ 15% ​ 18% ​ ​ 13% ​ 16% Total ​ ​ 100% ​ 100% ​ ​ 100% ​ 100%

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Dec. 24, 2022
Schedule of disaggregated revenue	The Company disaggregates net sales into the following major merchandise categories: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Thirteen Weeks Ended ​ ​ Thirty-Nine Weeks Ended % of Net Sales ​ December 24, 2022 ​ December 25, 2021 ​ ​ December 24, 2022 ​ December 25, 2021 Footwear ​ 43% ​ 44% ​ ​ 46% ​ 48% Apparel ​ ​ 41% ​ 39% ​ ​ 37% ​ 36% Hats, accessories and other ​ ​ 16% ​ 17% ​ ​ 17% ​ 16% Total ​ ​ 100% ​ 100% ​ ​ 100% ​ 100% ​ The Company further disaggregates net sales between stores and e-commerce: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Thirteen Weeks Ended ​ ​ Thirty-Nine Weeks Ended % of Net Sales ​ December 24, 2022 ​ December 25, 2021 ​ ​ December 24, 2022 ​ December 25, 2021 Stores ​ 85% ​ 82% ​ ​ 87% ​ 84% E-commerce ​ ​ 15% ​ 18% ​ ​ 13% ​ 16% Total ​ ​ 100% ​ 100% ​ ​ 100% ​ 100%
Customer Loyalty Program
Schedule of reconciliation of the activity related to contracts with customers	​ ​ ​ ​ ​ ​ ​ ​ Customer Loyalty Program ​ ​ ​ ​ ​ (in thousands) December 24, 2022 ​ December 25, 2021 Beginning balance as of March 26, 2022 and March 27, 2021, respectively $ 3,504 ​ $ 2,485 Year-to-date provisions ​ ​ 14,785 ​ ​ 10,971 Year-to-date award redemptions ​ ​ (13,191) ​ ​ (9,333) Ending balance ​ $ 5,098 ​ $ 4,123
Gift Card Program
Schedule of reconciliation of the activity related to contracts with customers	​ ​ ​ ​ ​ ​ ​ ​ Gift Card Program ​ ​ ​ ​ ​ (in thousands) December 24, 2022 ​ December 25, 2021 Beginning balance as of March 26, 2022 and March 27, 2021, respectively $ 15,392 ​ $ 11,569 Year-to-date issued ​ ​ 30,580 ​ ​ 24,354 Year-to-date redemptions ​ ​ (19,482) ​ ​ (14,199) Ending balance ​ $ 26,490 ​ $ 21,724

Intangible Assets, Net and Go_2

Intangible Assets, Net and Goodwill (Tables)	9 Months Ended
	Dec. 24, 2022
Intangible Assets, Net and Goodwill
Schedule of net finite-lived intangible assets	Net intangible assets as of December 24, 2022 and March 26, 2022 consisted of the following (in thousands, except for weighted average useful life): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 24, 2022 ​ ​ Gross ​ ​ ​ ​ Weighted ​ ​ Carrying ​ Accumulated ​ ​ ​ ​ Average ​ Amount Amortization Net Useful Life Customer lists—definite lived ​ $ 345 ​ $ (256) ​ $ 89 5.0 Trademarks—indefinite lived ​ 60,677 ​ — ​ 60,677 ​ ​ Total intangible assets ​ $ 61,022 ​ $ (256) ​ $ 60,766 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 26, 2022 ​ ​ Gross ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ Carrying ​ Accumulated ​ ​ ​ ​ Average ​ Amount Amortization Net Useful Life Customer lists—definite lived ​ $ 345 ​ $ (209) ​ $ 136 5.0 Trademarks—indefinite lived ​ 60,677 ​ — ​ 60,677 ​ ​ Total intangible assets ​ $ 61,022 ​ $ (209) ​ $ 60,813 ​ ​
Schedule of net indefinite-lived intangible assets	Net intangible assets as of December 24, 2022 and March 26, 2022 consisted of the following (in thousands, except for weighted average useful life): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 24, 2022 ​ ​ Gross ​ ​ ​ ​ Weighted ​ ​ Carrying ​ Accumulated ​ ​ ​ ​ Average ​ Amount Amortization Net Useful Life Customer lists—definite lived ​ $ 345 ​ $ (256) ​ $ 89 5.0 Trademarks—indefinite lived ​ 60,677 ​ — ​ 60,677 ​ ​ Total intangible assets ​ $ 61,022 ​ $ (256) ​ $ 60,766 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 26, 2022 ​ ​ Gross ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ Carrying ​ Accumulated ​ ​ ​ ​ Average ​ Amount Amortization Net Useful Life Customer lists—definite lived ​ $ 345 ​ $ (209) ​ $ 136 5.0 Trademarks—indefinite lived ​ 60,677 ​ — ​ 60,677 ​ ​ Total intangible assets ​ $ 61,022 ​ $ (209) ​ $ 60,813 ​ ​
Schedule of estimated future amortization of intangible assets	As of December 24, 2022, estimated future amortization of intangible assets was as follows: ​ ​ ​ ​ ​ Fiscal Year (in thousands) 2023 $ 15 2024 ​ 54 2025 ​ 20 2026 ​ - 2027 ​ - Thereafter ​ - Total ​ $ 89

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Dec. 24, 2022
Stock-Based Compensation
Schedule of stock award activity	The following table summarizes the stock award activity for the thirty-nine weeks ended December 24, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grant Date ​ Weighted ​ ​ ​ ​ ​ ​ ​ Weighted ​ Average ​ Aggregate ​ ​ Stock ​ Average ​ Remaining ​ Intrinsic ​ Options Exercise Price Contractual Life Value ​ ​ ​ ​ ​ ​ ​ (in years) ​ (in thousands) Outstanding at March 26, 2022 728,079 ​ $ 23.44 ​ ​ ​ ​ ​ Granted 86,189 ​ $ 86.96 ​ ​ ​ ​ ​ Exercised ​ (14,297) ​ $ 23.02 ​ ​ ​ $ 723 Cancelled, forfeited or expired — ​ $ — ​ ​ ​ ​ ​ Outstanding at December 24, 2022 799,971 ​ $ 30.29 6.2 ​ $ 27,302 Vested and expected to vest after December 24, 2022 799,971 ​ $ 30.29 6.2 ​ $ 27,302 Exercisable at December 24, 2022 298,465 ​ $ 19.59 4.6 ​ $ 12,569
Schedule of non-vested stock options	A summary of the status of non-vested stock options as of December 24, 2022 including changes during the thirty-nine weeks ended December 24, 2022 is presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted- ​ ​ ​ ​ Average ​ ​ ​ ​ Grant Date ​ Shares Fair Value Nonvested at March 26, 2022 626,976 ​ $ 9.14 Granted 86,189 ​ $ 46.41 Vested (211,659) ​ $ 8.20 Nonvested shares forfeited — ​ $ — Nonvested at December 24, 2022 501,506 ​ $ 15.94
CEO
Stock-Based Compensation
Schedule of assumptions used to determine fair value of stock options	The following significant assumptions were used as of May 12, 2022, the date of grant: ​ ​ ​ ​ ​ ​ Stock price $ 86.96 Exercise price ​ $ 86.96 ​ Expected option term (1) ​ 6.5 years Expected volatility (2) ​ 65.9 % Risk-free interest rate (3) ​ ​ 2.8 % Expected annual dividend yield ​ ​ 0 % (1) The Company has limited historical information regarding expected option term. Accordingly, the Company determined the expected life of the options using the simplified method. (2) Stock volatility for each grant is measured using the weighted average of historical daily price changes of the Company’s stock over the most recent period equal to the expected option term of the Company’s awards. (3) The risk-free interest rate is determined using the rate on treasury securities with the same term.

Leases (Tables)

Leases (Tables)	9 Months Ended
	Dec. 24, 2022
Leases
Schedule of ROU assets and liabilities	ROU assets and lease liabilities as of December 24, 2022 and March 26, 2022 consist of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance Sheet Classification ​ December 24, 2022 (in thousands) ​ March 26, 2022 (in thousands) Assets ​ ​ ​ ​ ​ ​ ​ ​ Finance lease assets ​ Right-of-use assets, net ​ $ 9,572 ​ $ 10,254 Operating lease assets ​ Right-of-use assets, net ​ 297,574 ​ 230,893 Total lease assets ​ ​ ​ $ 307,146 ​ $ 241,147 ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities ​ ​ ​ ​ ​ ​ Current ​ ​ ​ ​ ​ ​ ​ ​ Finance ​ Short-term lease liabilities ​ $ 867 ​ $ 838 Operating ​ Short-term lease liabilities ​ ​ 48,359 ​ ​ 42,279 Total short-term lease liabilities ​ ​ ​ $ 49,226 ​ $ 43,117 ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-Current ​ ​ ​ ​ ​ ​ ​ ​ Finance ​ Long-term lease liabilities ​ $ 15,509 ​ $ 16,164 Operating ​ Long-term lease liabilities ​ ​ 292,656 ​ ​ 218,420 Total long-term lease liabilities ​ ​ ​ $ 308,165 ​ $ 234,584 Total lease liabilities ​ ​ ​ $ 357,391 ​ $ 277,701
Schedule of total lease cost	Total lease costs for the thirteen and thirty-nine weeks ended December 24, 2022 and December 25, 2021 were: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Thirteen Weeks Ended ​ Thirty-Nine Weeks Ended ​ ​ (in thousands) December 24, 2022 ​ December 25, 2021 ​ December 24, 2022 ​ December 25, 2021 ​ ​ Finance lease cost ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortization of right-of-use assets ​ $ 213 ​ $ 256 ​ $ 682 ​ $ 675 ​ ​ Interest on lease liabilities ​ ​ 177 ​ ​ 188 ​ ​ 539 ​ ​ 587 ​ ​ Total finance lease cost ​ $ 390 ​ $ 444 ​ $ 1,221 ​ $ 1,262 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease cost ​ $ 15,860 ​ $ 12,703 ​ $ 45,076 ​ $ 36,887 ​ ​ Short-term lease cost ​ ​ 1,736 ​ ​ 1,539 ​ ​ 3,646 ​ ​ 2,800 ​ ​ Variable lease cost ​ ​ 6,124 ​ ​ 5,860 ​ ​ 16,874 ​ ​ 14,817 ​ ​ Total lease cost ​ $ 24,110 ​ $ 20,546 ​ $ 66,817 ​ $ 55,766 ​ ​
Schedule of future lease payments	The following table summarizes future lease payments as of December 24, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating Leases ​ Finance Leases Fiscal Year ​ (in thousands) ​ (in thousands) 2023 ​ $ 7,004 ​ $ 386 2024 ​ 63,944 ​ 1,544 2025 ​ 60,765 ​ 1,516 2026 ​ ​ 53,947 ​ ​ 1,553 2027 ​ ​ 45,207 ​ ​ 1,590 Thereafter ​ 185,352 ​ 14,524 Total ​ ​ 416,219 ​ ​ 21,113 Less: Imputed interest ​ ​ (75,204) ​ ​ (4,737) Present value of net lease payments ​ $ 341,015 ​ $ 16,376
Schedule of supplemental lease information	The following table includes supplemental lease information: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Thirty-Nine Weeks Ended ​ ​ Thirty-Nine Weeks Ended ​ Supplemental Cash Flow Information (dollars in thousands) ​ December 24, 2022 ​ ​ December 25, 2021 ​ Cash paid for amounts included in the measurement of lease liabilities ​ ​ ​ ​ ​ ​ ​ ​ Operating cash flows used for operating leases ​ $ 44,653 ​ ​ $ 37,753 ​ Operating cash flows used for finance leases ​ 350 ​ ​ — ​ Financing cash flows used for finance leases ​ ​ 824 ​ ​ ​ 1,192 ​ ​ ​ $ 45,827 ​ ​ $ 38,945 ​ Lease liabilities arising from new right-of-use assets ​ ​ ​ ​ ​ ​ ​ ​ Operating leases ​ $ 101,203 ​ ​ $ 66,557 ​ Finance leases ​ $ — ​ ​ $ 3,148 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average remaining lease term (in years) ​ ​ ​ ​ ​ ​ ​ ​ Operating leases ​ ​ 8.0 ​ ​ ​ 6.5 ​ Finance leases ​ ​ 12.6 ​ ​ ​ 13.5 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average discount rate ​ ​ ​ ​ ​ ​ ​ ​ Operating leases ​ ​ 4.6 % ​ ​ 4.9 % Finance leases ​ ​ 10.9 % ​ ​ 10.9 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Dec. 24, 2022
Earnings Per Share
Schedule of the components of basic and diluted (loss)/earnings per share of common stock	The components of basic and diluted earnings ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Thirteen Weeks Ended ​ Thirty-Nine Weeks Ended ​ ​ December 24, ​ December 25, ​ December 24, ​ December 25, (in thousands, except per share data) 2022 2021 2022 2021 Net income ​ $ 52,772 ​ $ 69,231 ​ $ 124,144 ​ $ 147,737 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average basic shares outstanding ​ 29,813 ​ 29,637 ​ 29,790 ​ 29,518 Dilutive effect of options and restricted stock ​ 481 ​ 806 ​ 550 ​ 864 Weighted average diluted shares outstanding ​ 30,294 ​ 30,443 ​ 30,340 ​ 30,382 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings per share ​ $ 1.77 ​ $ 2.34 ​ $ 4.17 ​ $ 5.01 Diluted earnings per share ​ $ 1.74 ​ $ 2.27 ​ $ 4.09 ​ $ 4.86

Description of the Company, R_2

Description of the Company, Recent Developments and Basis of Presentation (Details)	12 Months Ended
	Apr. 01, 2023	Mar. 26, 2022 store state shares	Dec. 24, 2022 Vote state store shares
Business Operations
Number of shares authorized		100,000,000	100,000,000
Number of shares issued		29,820,000	30,004,719
Number of shares outstanding			29,814,906
Number of votes per common share | Vote			1
Number of stores | store		300	333
Number of states in which the Company operates | state		38	41
Fiscal Year
Fiscal year period		364 days
Subsequent Event
Fiscal Year
Fiscal year period	371 days
American Worker
Business Operations
Number of stores | store			2

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) $ in Thousands	9 Months Ended
	Dec. 24, 2022 USD ($) segment item
Segment Reporting
Operating segments | segment	2
Reportable segments | segment	1
Number of reporting units | item	2
Fair Value of Certain Financial Assets and Liabilities
Financial assets requiring fair value measurements on a recurring basis | $	$ 0
Financial liabilities requiring fair value measurements on a recurring basis | $	$ 0

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Customer Loyalty Program (Details) - Customer Loyalty Program - USD ($) $ in Thousands	9 Months Ended
	Dec. 24, 2022	Dec. 25, 2021
Customer Loyalty Program
Number of days in which customers must make a qualifying purchase in order to maintain an active point balance	365 days
Number of days from award grant date in which the customer has to make a qualifying purchase to redeem the awards	60 days
Reserve for Returns	$ 5,098	$ 4,123
Reconciliation of Activity in Program
Beginning balance	3,504	2,485
Year-to-date provisions	14,785	10,971
Current year redemptions	(13,191)	(9,333)
Ending balance	$ 5,098	$ 4,123

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Gift Card Program (Details) - Gift Card Program - USD ($) $ in Thousands	9 Months Ended
	Dec. 24, 2022	Dec. 25, 2021
Reconciliation of Activity in Program
Beginning balance	$ 15,392	$ 11,569
Current year issuances	30,580	24,354
Current year redemptions	(19,482)	(14,199)
Ending balance	$ 26,490	$ 21,724

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Disaggregated Revenue (Details)	3 Months Ended		9 Months Ended
	Dec. 24, 2022	Dec. 25, 2021	Dec. 24, 2022	Dec. 25, 2021
Disaggregation Of Revenue
Net sales percentage	100%	100%	100%	100%
Stores
Disaggregation Of Revenue
Net sales percentage	85%	82%	87%	84%
E-commerce
Disaggregation Of Revenue
Net sales percentage	15%	18%	13%	16%
Footwear
Disaggregation Of Revenue
Net sales percentage	43%	44%	46%	48%
Apparel
Disaggregation Of Revenue
Net sales percentage	41%	39%	37%	36%
Hats, accessories and other
Disaggregation Of Revenue
Net sales percentage	16%	17%	17%	16%

Intangible Assets, Net and Go_3

Intangible Assets, Net and Goodwill - Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 24, 2022	Dec. 25, 2021	Dec. 24, 2022	Dec. 25, 2021	Mar. 26, 2022
Intangible assets, net
Accumulated Amortization	$ (256)		$ (256)		$ (209)
Gross carrying amount	61,022		61,022		61,022
Intangible assets, net	60,766		60,766		60,813
Amortization of intangible assets			47	$ 54
Fiscal year
2023	15		15
2024	54		54
2025	20		20
Total	89		89
Trademarks
Intangible assets, net
Indefinite-lived intangible assets	60,677		60,677		60,677
Maximum
Intangible assets, net
Amortization of intangible assets	100	$ 100	100	$ 100
Customer lists
Intangible assets, net
Gross Carrying Amount	345		345		345
Accumulated Amortization	(256)		(256)		(209)
Net	$ 89		$ 89		$ 136
Weighted Average Useful Life			5 years		5 years

Intangible Assets, Net and Go_4

Intangible Assets, Net and Goodwill - Change in Carrying Amount of Goodwill (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 24, 2022 USD ($)	Dec. 25, 2021 USD ($)	Dec. 24, 2022 USD ($) item	Dec. 25, 2021 USD ($)	Mar. 26, 2022 USD ($)
Intangible Assets, Net and Goodwill
Goodwill	$ 197,502		$ 197,502		$ 197,502
Number of indicators of impairment for goodwill | item			0
Impairments of long lived assets	$ 0	$ 0	$ 0	$ 0

Revolving Credit Facility and_2

Revolving Credit Facility and Long-Term Debt - Revolving Credit Facilities and Long-Term Debt (Details) - USD ($) $ in Millions			3 Months Ended		9 Months Ended
	Jul. 11, 2022	Jun. 29, 2015	Dec. 24, 2022	Dec. 25, 2021	Dec. 24, 2022	Dec. 25, 2021	Mar. 26, 2022	Jul. 26, 2021	Jun. 06, 2019	May 26, 2017
Interest expense
Revolving credit facility and long-term debt
Amortization of deferred loan fees			$ 0.1	$ 0.1	$ 0.1	$ 0.4
Wells Fargo Bank letters of credit
Revolving credit facility and long-term debt
Borrowing capacity	$ 10
Letter of credit commitments			0.8		0.8		$ 0
Golub Term Loan
Revolving credit facility and long-term debt
Principal amount		$ 200
Interest expense				$ 0.6		$ 2.5
Weighted average interest rate (as a percent)				5.50%		5.50%
Golub Term Loan | Interest expense
Revolving credit facility and long-term debt
Deferred loan fees written off						$ 1.4
Wells Fargo Revolver
Revolving credit facility and long-term debt
Borrowing capacity	$ 250	$ 125						$ 180	$ 165	$ 135
Commitment fee on unused capacity (as a percentage)		0.25%
Amount outstanding under 2015 Wells Fargo Revolver			59.1		59.1		28.5
Interest expense			$ 2.1	$ 0.2	$ 3.8	$ 0.5
Weighted average interest rate (as a percent)			4.90%		4.90%
Additional interest rate required if certain triggering events come into existence (as a percent)		2%
Deferred loan fees			$ 1.7		$ 1.7
Unamortized value of the debt issuance costs and debt discount			$ (0.5)		$ (0.5)		$ (0.2)
Wells Fargo Revolver | Federal funds rate
Revolving credit facility and long-term debt
Basis margin (as a percent)	0.50%	0.50%
Wells Fargo Revolver | One-month LIBOR rate
Revolving credit facility and long-term debt
Basis margin (as a percent)		1%
Wells Fargo Revolver | Adjusted Term SOFR
Revolving credit facility and long-term debt
Basis margin (as a percent)	0.10%
Wells Fargo Revolver | SOFR
Revolving credit facility and long-term debt
Basis margin (as a percent)	1%
Wells Fargo Revolver | Minimum
Revolving credit facility and long-term debt
Consolidated fixed charge coverage ratio		1
Wells Fargo Revolver | Minimum | Base rate
Revolving credit facility and long-term debt
Basis margin (as a percent)	0%	0%
Wells Fargo Revolver | Minimum | LIBOR
Revolving credit facility and long-term debt
Basis margin (as a percent)		1%
Wells Fargo Revolver | Minimum | SOFR
Revolving credit facility and long-term debt
Basis margin (as a percent)	1%
Wells Fargo Revolver | Maximum | Base rate
Revolving credit facility and long-term debt
Basis margin (as a percent)	0.25%	0.25%
Wells Fargo Revolver | Maximum | LIBOR
Revolving credit facility and long-term debt
Basis margin (as a percent)		1.25%
Wells Fargo Revolver | Maximum | SOFR
Revolving credit facility and long-term debt
Basis margin (as a percent)	1.25%

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Dec. 24, 2022 USD ($) $ / shares shares	Dec. 25, 2021 USD ($) shares	Dec. 24, 2022 USD ($) item $ / shares shares	Dec. 25, 2021 USD ($) shares	Mar. 26, 2022 $ / shares	Aug. 26, 2020 $ / shares shares	Oct. 19, 2014 $ / shares shares
Stock-Based Compensation
Common stock, par value (in dollars per share) | $ / shares	$ 0.0001		$ 0.0001		$ 0.0001
Stock-based compensation expense | $	$ 2.4	$ 1.8	$ 9.6	$ 7.8
Cost of goods sold
Stock-Based Compensation
Stock-based compensation expense | $	$ 0.3	$ 0.2	$ 1.5	$ 1.2
Options
Stock-Based Compensation
Stock options granted | shares	0	0	86,189	0
Grant date fair value (in dollars per share) | $ / shares			$ 46.41
Unrecognized stock-based compensation expense for option | $	$ 4.2		$ 4.2
Weighted-average recognition period			2 years 29 days
Restricted Stock Awards
Stock-Based Compensation
Unrecognized stock-based compensation expense for other than option | $	$ 7.9		$ 7.9
Weighted-average recognition period			2 years 2 months 1 day
Restricted Stock Units
Stock-Based Compensation
Restricted stock or performance share units granted | shares	0
Performance share units
Stock-Based Compensation
Restricted stock or performance share units granted | shares	0	0
Unrecognized stock-based compensation expense | $	$ 4.4		$ 4.4
Weighted-average recognition period			2 years 7 days
2014 Plan
Stock-Based Compensation
Shares authorized | shares							3,600,000
Common stock, par value (in dollars per share) | $ / shares							$ 0.0001
2014 Plan | Options | Minimum
Stock-Based Compensation
Expiration period			8 years
Vesting period			4 years
2014 Plan | Options | Maximum
Stock-Based Compensation
Expiration period			10 years
Vesting period			5 years
2014 Plan | Restricted Stock Awards | Minimum
Stock-Based Compensation
Vesting period			1 year
2014 Plan | Restricted Stock Awards | Maximum
Stock-Based Compensation
Vesting period			4 years
2014 Plan | Restricted Stock Units | Tranche One
Stock-Based Compensation
Vesting period			1 year
2014 Plan | Restricted Stock Units | Tranche Two
Stock-Based Compensation
Vesting period			4 years
2014 Plan | Restricted Stock Units | Tranche Three
Stock-Based Compensation
Vesting period			5 years
2020 Plan
Stock-Based Compensation
Shares authorized | shares						2,000,000
Common stock, par value (in dollars per share) | $ / shares						$ 0.0001
2020 Plan | CEO
Stock-Based Compensation
Stock options granted | shares			86,189
Aggregate grant date fair value | $			$ 4
Grant date fair value (in dollars per share) | $ / shares			$ 46.41
Exercise price (in dollars per share) | $ / shares	$ 86.96		$ 86.96
Stated market price targets for company stock | item			3
Service period			3 years
2020 Plan | CEO | Tranche One
Stock-Based Compensation
Vesting percentage			33%
2020 Plan | CEO | Tranche Two
Stock-Based Compensation
Vesting percentage			33%
2020 Plan | CEO | Tranche Three
Stock-Based Compensation
Vesting percentage			34%
2020 Plan | Restricted Stock Units
Stock-Based Compensation
Restricted stock or performance share units granted | shares		1,387	94,262	65,662
Restricted stock or performance share units granted fair value | $		$ 0.1	$ 8.2	$ 5.2
2020 Plan | Restricted Stock Units | Employees
Stock-Based Compensation
Vesting period		4 years	3 years	4 years
2020 Plan | Restricted Stock Units | Director
Stock-Based Compensation
Vesting period			1 year	1 year
2020 Plan | Restricted Stock Units | Tranche One
Stock-Based Compensation
Vesting period			1 year
2020 Plan | Restricted Stock Units | Tranche Two
Stock-Based Compensation
Vesting period			3 years
2020 Plan | Restricted Stock Units | Tranche Three
Stock-Based Compensation
Vesting period			4 years
2020 Plan | Performance share units
Stock-Based Compensation
Vesting period			3 years	3 years
Restricted stock or performance share units granted | shares			57,843	33,571
Restricted stock or performance share units granted fair value | $			$ 5	$ 2.6
2020 Plan | Performance share units | Minimum
Stock-Based Compensation
Vesting percentage			0%	0%
2020 Plan | Performance share units | Maximum
Stock-Based Compensation
Vesting percentage			200%	200%
2020 Plan | Performance share units | Below Threshold
Stock-Based Compensation
Vesting percentage			0%	0%
2020 Plan | Performance share units | Threshold
Stock-Based Compensation
Vesting percentage			50%	50%
2020 Plan | Performance share units | Target
Stock-Based Compensation
Vesting percentage			100%	100%
2020 Plan | Performance share units | Maximum Level
Stock-Based Compensation
Vesting percentage			200%	200%

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Options and Significant Valuation Assumptions (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 24, 2022	Dec. 25, 2021	Dec. 24, 2022	Dec. 25, 2021
Options
Stock Options
Outstanding at the beginning of period			728,079
Granted	0	0	86,189	0
Exercised			(14,297)
Outstanding at the end of period	799,971		799,971
Vested and expected to vest after end of period	799,971		799,971
Exercisable at end of period	298,465		298,465
Grant Date Weighted-Average Exercise Price
Outstanding at the beginning of period			$ 23.44
Granted			86.96
Exercise price (in dollars per share)			23.02
Outstanding at the end of period	$ 30.29		30.29
Vested and expected to vest at end of period	30.29		30.29
Exercisable at end of period	$ 19.59		$ 19.59
Weighted Average Remaining Contractual Life
Weighted average remaining contractual life, awards outstanding			6 years 2 months 12 days
Weighted average remaining contractual life, awards vested and expected to vest			6 years 2 months 12 days
Weighted average remaining contractual life, awards exercisable			4 years 7 months 6 days
Aggregate Intrinsic Value
Aggregate intrinsic value, awards exercised			$ 723
Aggregate intrinsic value, awards outstanding	$ 27,302		27,302
Aggregate intrinsic value, awards vested and expected to vest	27,302		27,302
Aggregate intrinsic value, awards exercisable	$ 12,569		$ 12,569
CEO | 2020 Plan
Assumptions used
Stock price (in dollars per share)	$ 86.96		$ 86.96
Exercise price (in dollars per share)	$ 86.96		$ 86.96
Expected option term			6 years 6 months
Expected volatility factor			65.90%
Risk-free interest rate			2.80%
Expected annual dividend yield			0%
Stock Options
Granted			86,189

Stock-Based Compensation - Non-

Stock-Based Compensation - Non-vested Options (Details) - Options - $ / shares	3 Months Ended		9 Months Ended
	Dec. 24, 2022	Dec. 25, 2021	Dec. 24, 2022	Dec. 25, 2021
Shares
Nonvested at beginning of period			626,976
Granted	0	0	86,189	0
Vested			(211,659)
Nonvested at end of period	501,506		501,506
Weighted-Average Grant Date Fair Value
Nonvested at beginning of period			$ 9.14
Granted			46.41
Vested			8.20
Nonvested at end of period	$ 15.94		$ 15.94

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Dec. 24, 2022	Dec. 25, 2021	Dec. 24, 2022	Dec. 25, 2021
Leases
Lessee, Operating Lease, Existence of Option to Extend [true false]			true
Operating lease renewal term	5 years		5 years
ROU asset impairment charge	$ 0	$ 0	$ 0	$ 0
Minimum
Leases
Operating lease term	5 years		5 years
Maximum
Leases
Operating lease term	10 years		10 years

Leases - ROU assets and liabili

Leases - ROU assets and liabilities (Details) - USD ($) $ in Thousands	Dec. 24, 2022	Mar. 26, 2022
ROU assets and liabilities
Finance lease assets	$ 9,572	$ 10,254
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Total lease assets	Total lease assets
Operating lease assets	$ 297,574	$ 230,893
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Total lease assets	Total lease assets
Total lease assets	$ 307,146	$ 241,147
Current finance lease liabilities	$ 867	$ 838
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	Total short-term lease liabilities	Total short-term lease liabilities
Current operating lease liabilities	$ 48,359	$ 42,279
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Total short-term lease liabilities	Total short-term lease liabilities
Total short-term lease liabilities	$ 49,226	$ 43,117
Finance Lease, Liability, Noncurrent	$ 15,509	$ 16,164
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Total long-term lease liabilities	Total long-term lease liabilities
Operating Lease, Liability, Noncurrent	$ 292,656	$ 218,420
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Total long-term lease liabilities	Total long-term lease liabilities
Total long-term lease liabilities	$ 308,165	$ 234,584
Total lease liabilities	$ 357,391	$ 277,701

Leases - Lease cost (Details)

Leases - Lease cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 24, 2022	Dec. 25, 2021	Dec. 24, 2022	Dec. 25, 2021
Lease cost
Amortization of right-of-use assets	$ 213	$ 256	$ 682	$ 675
Interest on lease liabilities	177	188	539	587
Total finance lease cost	390	444	1,221	1,262
Operating lease cost	15,860	12,703	45,076	36,887
Short-term lease cost	1,736	1,539	3,646	2,800
Variable lease cost	6,124	5,860	16,874	14,817
Total lease cost	$ 24,110	$ 20,546	$ 66,817	$ 55,766

Leases - Future lease payments

Leases - Future lease payments (Details) $ in Thousands	Dec. 24, 2022 USD ($)
Operating Leases
2023	$ 7,004
2024	63,944
2025	60,765
2026	53,947
2027	45,207
Thereafter	185,352
Total	416,219
Less: Imputed interest	(75,204)
Present value of net lease payments	$ 341,015
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Finance and Operating Lease, Liability, Current, Finance and Operating Lease, Liability, Noncurrent
Finance Leases
2023	$ 386
2024	1,544
2025	1,516
2026	1,553
2027	1,590
Thereafter	14,524
Total	21,113
Less: Imputed interest	(4,737)
Present value of net lease payments	$ 16,376
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Finance and Operating Lease, Liability, Current, Finance and Operating Lease, Liability, Noncurrent

Leases - Supplemental lease inf

Leases - Supplemental lease information (Details) - USD ($) $ in Thousands	9 Months Ended
	Dec. 24, 2022	Dec. 25, 2021
Supplemental Lease Information
Operating cash flows used for operating leases	$ 44,653	$ 37,753
Operating cash flows used for finance leases	350
Financing cash flows used for finance leases	824	1,192
Cash paid for amounts included in the measurement of lease liabilities	45,827	38,945
Lease liabilities arising from new right-of-use assets-Operating leases	$ 101,203	66,557
Lease liabilities arising from new right-of-use assets-Finance leases		$ 3,148
Weighted average remaining lease term (in years)-Operating leases	8 years	6 years 6 months
Weighted average remaining lease term (in years)-Finance leases	12 years 7 months 6 days	13 years 6 months
Weighted average discount rate-Operating leases	4.60%	4.90%
Weighted average discount rate-Finance leases	10.90%	10.90%

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 24, 2022	Dec. 25, 2021	Dec. 24, 2022	Dec. 25, 2021	Mar. 26, 2022
Income Taxes
Effective tax rate	24.90%	23.60%	24.50%	22.50%
Accrued interest and penalties	$ 0		$ 0		$ 0

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Dec. 24, 2022	Dec. 25, 2021	Dec. 24, 2022	Dec. 25, 2021
Floor & Decor Holdings, Inc
Related Party Transactions
Capital expenditures related to specialty retail vendor	$ 0.1	$ 0.2	$ 0.1	$ 0.6

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Dec. 24, 2022	Sep. 24, 2022	Jun. 25, 2022	Dec. 25, 2021	Sep. 25, 2021	Jun. 26, 2021	Dec. 24, 2022	Dec. 25, 2021
Earnings Per Share
Net income	$ 52,772	$ 32,054	$ 39,318	$ 69,231	$ 37,861	$ 40,645	$ 124,144	$ 147,737
Weighted average basic shares outstanding	29,813,000			29,637,000			29,790,000	29,518,000
Dilutive effect of options and restricted stock	481,000			806,000			550,000	864,000
Weighted average diluted shares outstanding	30,294,000			30,443,000			30,340,000	30,382,000
Basic earnings per share	$ 1.77			$ 2.34			$ 4.17	$ 5.01
Diluted earnings per share	$ 1.74			$ 2.27			$ 4.09	$ 4.86
Shares that were not included in the computation of weighted average diluted common shares amounts	227,182			0			198,107	0