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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 25, 2016
Sep. 27, 2015
Sep. 25, 2016
Sep. 27, 2015
REVENUES        
Sales $ 21,891 $ 23,973 $ 43,153 $ 46,864
License royalties 4,788 5,256 11,612 11,792
Franchise fees and royalties 1,334 1,390 2,664 2,617
Total revenues 28,013 30,619 57,429 61,273
COSTS AND EXPENSES        
Cost of sales 15,489 17,660 30,947 35,766
Restaurant operating expenses 1,078 1,222 2,016 2,191
Depreciation and amortization 349 333 696 672
General and administrative expenses 3,066 2,978 6,915 6,602
Total costs and expenses 19,982 22,193 40,574 45,231
Income from operations 8,031 8,426 16,855 16,042
Interest expense (3,663) (3,709) (7,339) (7,418)
Interest income 36 47 36 52
Other income, net 21 25 43 51
Income before provision for income taxes 4,425 4,789 9,595 8,727
Provision for income taxes 1,918 1,942 3,538 3,570
Net income $ 2,507 $ 2,847 $ 6,057 $ 5,157
Income per share:        
Basic (in dollars per share) $ 0.60 $ 0.64 $ 1.45 $ 1.14
Diluted (in dollars per share) $ 0.60 $ 0.64 $ 1.44 $ 1.14
Weighted average shares used in computing income per share:        
Basic (in shares) 4,172,000 4,432,000 4,169,000 4,508,000
Diluted (in shares) 4,207,000 4,449,000 4,199,000 4,535,000