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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2019
Jul. 01, 2018
Operating activities:    
Net income $ 1,079 $ 264
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property, plant and equipment 179 138
Amortization of intangibles 214 200
Amortization of right of use assets 333
Deferred income taxes (88) 20
Reserve for unrecognized tax liabilities (273) 28
Stock-based compensation 65 110
Changes in assets and liabilities:    
Accounts receivable 5,301 3,937
Inventories (915) (971)
Prepaid expenses 94 (11)
Other assets 2
Lease liabilities (352)
Accounts payable 2,463 3,301
Accrued liabilities 590 (410)
Net cash provided by operating activities 8,692 6,606
Investing activities:    
Capital expenditures for property, plant and equipment (55) (102)
Financing activities:    
Repayments under revolving line of credit (13,575) (16,778)
Borrowings under revolving line of credit 9,089 11,160
Purchase of treasury stock (17) (95)
Dividends paid (810) (807)
Net cash used in financing activities (5,313) (6,520)
Net increase (decrease) in cash and cash equivalents 3,324 (16)
Cash and cash equivalents at beginning of period 143 215
Cash and cash equivalents at end of period 3,467 199
Supplemental cash flow information:    
Income taxes paid 3 3
Interest paid 28 75
Noncash financing activities:    
Property, plant and equipment purchased but unpaid 24
Dividends declared but unpaid $ (810) $ (806)