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Note O - Quarterly Financial Information (Unaudited)
12 Months Ended
Mar. 29, 2015
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
NOTE O - QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
 
 
 
First
Quarter
   
Second
Quarter
   
Third
Quarter
   
Fourth
Quarter
 
                                 
Fiscal Year 201
5
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                 
Total revenues
 
$
27,668
 
 
$
28,953
 
 
$
22,353
 
 
$
20,401
 
Gross profit (a)
 
 
4,240
 
 
 
4,716
 
 
 
2,594
 
 
 
2,019
 
Net income
 
 
4,071
 
 
 
3,854
 
 
 
2,241
 
 
 
1,537
 
                                 
Per share information
                               
Net income per share
                               
Basic (b)
 
$
.91
 
 
$
.86
 
 
$
.50
 
 
$
.34
 
Diluted (b)
 
$
.89
 
 
$
.84
 
 
$
.49
 
 
$
.34
 
                                 
Shares used in computation of net income
per share
                               
Basic (b)
 
 
4,471,000
 
 
 
4,472,000
 
 
 
4,482,000
 
 
 
4,521,000
 
Diluted (b)
 
 
4,593,000
 
 
 
4,593,000
 
 
 
4,603,000
 
 
 
4,562,000
 
 
After giving effect to the issuance of the replacement options, Diluted Earnings Per Share would have been $0.34 per share based upon 4,576,000 weighted average shares outstanding for the fourth quarter ended March 29, 2015.
 
   
First
Quarter
   
Second
Quarter
   
Third
Quarter
   
Fourth
Quarter
 
                                 
Fiscal Year 2014
                               
                                 
Total revenues
  $ 23,401     $ 23,662     $ 18,533     $ 17,331  
Gross profit (a)
    3,475       4,513       2,457       2,004  
Net income
    3,354       2,648       1,107       1,218  
                                 
Per share information
                               
Net income per share
                               
Basic (b)
  $ .76     $ .59     $ .25     $ .27  
Diluted (b)
  $ .73     $ .57     $ .24     $ .27  
                                 
Shares used in computation of net income
per share
                               
Basic (b)
    4,415,000       4,460,000       4,466,000       4,459,000  
Diluted (b)
    4,588,000       4,625,000       4,622,000       4,594,000  
 
 
(a)
Gross profit represents the difference between sales and cost of sales.
 
(b)
The sum of the quarters may not equal the full year per share amounts included in the accompanying consolidated statements of earnings due to the effect of the weighted average number of shares outstanding during the fiscal years as compared to the quarters.