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CASH BONUS PLAN
3 Months Ended
Jun. 29, 2018
Compensation Related Costs [Abstract]  
CASH BONUS PLAN
Note 11-  CASH BONUS PLAN: 

 

In 1987, the Company adopted a cash bonus plan (“Cash Bonus Plan”) for executive officers. Contributions to the Cash Bonus Plan are made by the Company only after pre-tax operating profits exceed $150,000 for a fiscal year, and then to the extent of 10% of the excess of the greater of $150,000 or 25% of pre-tax operating profits. Accordingly, the Company has accrued a contribution provision of $100,500 for the three months ended June 29, 2018. For the year ended March 30, 2018, the Company’s contribution was $324,000.