Note B - Adoption of New Accounting Pronouncements (Tables)

6 Months Ended

Sep. 23, 2018

Notes Tables

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

				Adjustments
	As Reported			Franchise Fees			Balance Sheet Reclassi fications			Balances Without Adoption
Condensed Consolidated Balance Sheet
September 23, 2018
Deferred income taxes		406			(731	)		325			-
Total assets		86,381			(731	)		325			85,975
Accrued expenses and other current liabilities		11,040			(112	)		-			10,928
Deferred franchise fees		559			(378	)		14			195
Total current liabilities		16,253			(490	)		14			15,777
Deferred income taxes		-			-			325			325
Deferred franchise fees		3,044			(2,219	)		(14	)		811
Total liabilities		165,704			(2,709	)		325			163,320
(Accumulated deficit)		(63,000	)		1,978			-			(61,022	)
Stockholders’ (deficit) before treasury stock		(2,020	)		1,978			-			(42	)
Total stockholders’ (deficit)		(79,323	)		1,978			-			(77,345	)
Total liabilities and stockholders’ (deficit)		86,381			(731	)		325			85,975

			Adjustments
	As Reported		Franchise Fees			Balance Sheet Reclassifications			Balances Without Adoption
Condensed Consolidated Statement of Earnings
Thirteen weeks ended September 23, 2018
Franchise fees and royalties		1,239		(66	)		-			1,173
Advertising fund revenue		772		-			(772	)		-
Total revenues		29,330		(66	)		(772	)		28,492
General and administrative expenses		3,438		(2	)		-			3,436
Advertising fund expense		772		-			(772	)		-
Total costs and expenses		20,850		(2	)		(772	)		20,076
Income from operations		8,480		(64	)		-			8,416
Income before provision for income taxes		6,463		(64	)		-			6,399
Provision for income taxes		1,979		(20	)		-			1,959
Net income		4,484		(44	)		-			4,440
Condensed Consolidated Statement of Earnings
Twenty-six weeks ended September 23, 2018
Franchise fees and royalties		2,343		(138	)		-			2,205
Advertising fund revenue		1,267		-			(1,267	)		-
Total revenues		59,498		(138	)		(1,267	)		58,093
General and administrative expenses		7,323		(98	)		-			7,225
Advertising fund expense		1,267		-			(1,267	)		-
Total costs and expenses		41,931		(98	)		(1,267	)		40,566
Income from operations		17,567		(40	)		-			17,527
Income before provision for income taxes		12,982		(40	)		-			12,942
Provision for income taxes		3,703		(14	)		-			3,689
Net income		9,279		(26	)		-			9,253

				Adjustments
	As Reported			Franchise Fees			Advertising Fund		Balances Without Adoption
Condensed Consolidated Statement of Cash Flows
Twenty-six weeks ended September 23, 2018
Cash flows from operating activities:
Net income		9,279			(26	)		-		9,253
Changes in operating assets and liabilities:
Accounts payable, accrued expenses and other current liabilities		(2,015	)		(112	)		-		(2,127	)
Deferred franchise fees		437			138			-		575
Net cash provided by operating activities		10,003			-			-		10,003
Net cash provided by investing activities		1,096			-			-		1,096
Net cash (used in) financing activities		(2,284	)		-			-		(2,284	)
Net increase in cash		8,815			-			-		8,815

Contract with Customer, Asset and Liability [Table Text Block]

	September 2 3 , 2018
Receivables (a)	$	480
Deferred franchise fees (b)	$	3,183

Contract with Customer, Deferred Franchise Fees [Table Text Block]

	T wenty-six Weeks Ended
	September 23 , 2018
Deferred franchise fees at beginning of period (a)	$	3,139
Additions to deferred revenue		706
Revenue recognized during the period		(242	)
Deferred franchise fees at end of period	$	3,603

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]

	Estimate for fiscal year
2019 (a)	$	163
2020		337
2021		329
2022		318
2023		282
Thereafter		2,174
Total	$	3,603