Note 4 - Marketable Securities

12 Months Ended

Mar. 30, 2014

Marketable Securities Disclosure [Abstract]

Marketable Securities Disclosure [Text Block]

NOTE D – MARKETABLE SECURITIES

The cost, gross unrealized gains, gross unrealized losses and fair market value for marketable securities, which consist entirely of municipal bonds that are classified as available-for-sale securities are as follows:

	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
March 30, 2014	$	10,947	$	240	$	-	$	11,187
March 31, 2013	$	11,768	$	539	$	-	$	12,307

As of March 30, 2014, the municipal bonds mature at various dates between April 2014 and October 2019. The following represents the bond maturities by period:

Fair value of Municipal Bonds	Total		Less than 1 Year		1 – 5 Years		5 – 10 Years		After 10 Years
March 30, 2014	$	11,187	$	5,214	$	4,792	$	1,181	$	-

Proceeds from the sale of available-for-sale securities and the resulting gross realized gains included in the determination of net income are as follows:

	March 30, 2014		March 31, 2013		March 25, 2012
Available-for-sale securities:
Proceeds	$	2,890	$	2,000	$	4,050
Gross realized gains	$	-	$	-	$	-

The change in net unrealized (losses) gains on available-for-sale securities for the fiscal years ended March 30, 2014, March 31, 2013 and March 25, 2012, of $(180), $(168) and $16, respectively, which is net of deferred income taxes, has been included as a component of comprehensive income. Accumulated other comprehensive income is comprised entirely of the net unrealized gains on available-for-sale securities as of March 30, 2014 and March 31, 2013.