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Consolidated Statements of Earnings (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Dec. 27, 2015
Dec. 28, 2014
Dec. 27, 2015
Dec. 28, 2014
REVENUES        
Sales $ 15,763,000 $ 17,298,000 $ 62,627,000 $ 60,647,000
License royalties 3,614,000 3,546,000 15,406,000 13,652,000
Franchise fees and royalties 1,187,000 1,471,000 3,804,000 4,473,000
Total revenues 20,564,000 22,315,000 81,837,000 78,772,000
COSTS AND EXPENSES        
Cost of sales 12,082,000 14,704,000 47,848,000 49,097,000
Restaurant operating expenses 699,000 788,000 2,890,000 3,138,000
Depreciation and amortization 303,000 298,000 975,000 985,000
General and administrative expenses 3,045,000 2,760,000 9,647,000 8,561,000
Total costs and expenses 16,129,000 18,550,000 61,360,000 61,781,000
Income from operations 4,435,000 $ 3,765,000 20,477,000 $ 16,991,000
Interest expense $ (3,708,000) (11,126,000)
Interest income $ 21,000 52,000 $ 137,000
Other income, net $ 21,000 17,000 72,000 65,000
Income before provision for income taxes 748,000 3,803,000 9,475,000 17,193,000
Provision for income taxes 316,000 1,562,000 3,886,000 7,027,000
Net income $ 432,000 $ 2,241,000 $ 5,589,000 $ 10,166,000
Income per share:        
Basic (in dollars per share) $ 0.10 $ 0.50 $ 1.25 $ 2.27
Diluted (in dollars per share) $ 0.10 $ 0.49 $ 1.24 $ 2.21
Weighted average shares used in computing income per share:        
Basic (in shares) 4,408,000 4,482,000 4,474,000 4,475,000
Diluted (in shares) 4,444,000 4,603,000 4,504,000 4,596,000