Note J - Income Taxes (Tables)

12 Months Ended

Mar. 27, 2016

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	March 27, 2016			March 29, 2015		March 30, 2014
Federal
Current	$	3,176		$	5,992	$	2,664
Deferred		(11	)		60		1,421
		3,165			6,052		4,085
State and local
Current		1,135			1,599		918
Deferred		(12	)		51		231
		1,123			1,650		1,149
	$	4,288		$	7,702	$	5,234

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	March 27, 2016			March 29, 2015			March 30, 2014
Computed “expected” tax expense	$	3,531		$	6,792		$	4,611
State and local income taxes, net of Federal income tax benefit		826			1,112			773
Tax-exempt investment earnings		(9	)		(63	)		(110	)
Change in uncertain tax positions, net		(129	)		(62	)		(22	)
Nondeductible meals and entertainment and other		69			(77	)		(18	)
	$	4,288		$	7,702		$	5,234

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	March 27 ,			March 29,
	2016			2015
Deferred tax assets
Accrued expenses	$	236		$	145
Allowance for doubtful accounts		62			52
Deferred revenue		393			432
Deferred stock compensation		271			223
Excess of straight line over actual rent		379			412
Investment		151			152
Other		119			140
Total gross deferred tax assets	$	1,611		$	1,556
Deferred tax liabilities
Deductible prepaid expense		263			288
Unrealized gain on marketable securities		-			16
Depreciation expense		1,717			1,692
Amortization		344			311
Total gross deferred tax liabilities		2,324			2,307
Net deferred tax (liability)	$	(713	)		(751	)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	March 27, 2016			March 29, 2015			March 30, 2014
Unrecognized tax benefits, beginning of year	$	266		$	283		$	296
Decreases of tax positions taken in prior years		(98	)		(64	)		(34	)
Increases based on tax positions taken in current year		43			47			21
Settlements of tax positions taken in prior years		(3	)		-			-
Unrecognized tax benefits, end of year	$	208		$	266		$	283

Summary of Income Tax Examinations [Table Text Block]

Jurisdiction	Fiscal Year
Federal	2013
New York State	2012
New York City	2013