Company: SENEA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033352
Chunk: 61

Company: Seneca Foods Corp
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 61
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 in the measurement of lease obligations:

			Operating cash flows from finance leases

			$
			216

			$
			361

			Operating cash flows from operating leases

			3,085

			4,475

			Financing cash flows from finance leases

			2,054

			2,825

			$
			5,355

			$
			7,661

			Right-of-use assets obtained in exchange for new finance lease obligations

			$
			-

			$
			-

			Right-of-use assets obtained in exchange for new operating lease obligations

			$
			2,116

			$
			2,117

			Right-of-use assets derecognized upon early termination of finance leases

			$
			2

			$
			8

			Right-of-use assets derecognized upon early termination of operating leases

			$
			74

			$
			8,222

			Weighted-average lease term (years):

			Finance leases

			3.5

			4.1

			Operating leases

			4.0

			4.3

			Weighted-average discount rate (percentage):

			Finance leases

			4.2
			%

			4.0
			%

			Operating leases

			5.2
			%

			4.9
			%

11

SENECA FOODS CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

Undiscounted future lease payments under non-cancelable operating and finance leases, along with a reconciliation of undiscounted cash flows to operating and finance lease obligations, respectively, as of September 27, 2025 were as follows (in thousands):

			Years ending March 31:

			Operating

			Finance

			Balance of 2026

			$
			1,094

			$
			1,998

			2027

			3,060

			3,218

			2028

			2,569

			2,811

			2029

			1,455

			1,659

			2030

			1,112

			923

			2031 and thereafter