Note B - Adoption of New Accounting Pronouncements (Tables)

9 Months Ended

Dec. 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
Dece mber 23, 2018
Deferred income taxes		456			(731	)		275			-
Total assets		91,169			(731	)		275			90,713
Accrued expenses and other current liabilities		8,675			(150	)		-			8,525
Deferred franchise fees		319			(378	)		376			317
Total current liabilities		12,833			(528	)		376			12,681
Deferred income taxes		-			-			275			275
Deferred franchise fees		3,300			(2,112	)		(376	)		812
Total liabilities		162,786			(2,640	)		275			160,421
(Accumulated deficit)		(54,323	)		1,909			-			(52,414	)
Stockholders’ equity before treasury stock		6,686			1,909			-			8,595
Total stockholders’ (deficit)		(71,617	)		1,909			-			(69,708	)
Total liabilities and stockholders’ (deficit)		91,169			(731	)		275			90,713

			Adjustments
	As Reported		Franchise Fees			Balance Sheet Reclassi- fications			Balances Without Adoption
Condensed Consolidated Statement of Earnings
Thirteen weeks ended Dec ember 23, 2018
Franchise fees and royalties		911		(107	)		-			804
Advertising fund revenue		591		-			(591	)		-
Total revenues		20,222		(107	)		(591	)		19,524
General and administrative expenses		3,031		(12	)		-			3,019
Advertising fund expense		591		-			(591	)		-
Total costs and expenses		15,326		(12	)		(591	)		14,723
Income from operations		4,896		(95	)		-			4,801
Income before provision for income taxes		13,349		(95	)		-			13,254
Provision for income taxes		3,627		(26	)		-			3,601
Net income		9,722		(69	)		-			9,653
Condensed Consolidated Statement of Earnings
T hirty - nine weeks ended Dec ember 23, 2018
Franchise fees and royalties		3,254		(245	)		-			3,009
Advertising fund revenue		1,858		-			(1,858	)		-
Total revenues		79,720		(245	)		(1,858	)		77,617
General and administrative expenses		10,354		(110	)		-			10,244
Advertising fund expense		1,858		-			(1,858	)		-
Total costs and expenses		57,257		(110	)		(1,858	)		55,289
Income from operations		22,463		(135	)		-			22,328
Income before provision for income taxes		26,331		(135	)		-			26,196
Provision for income taxes		7,330		(40	)		-			7,290
Net income		19,001		(95	)		-			18,906

				Adjustments
	As Reported			Franchise Fees			Advertising Fund		Balances Without Adoption
Condensed Consolidated Statement of Cash Flows
T hirty-nine weeks ended December 23, 2018
Cash flows from operating activities:
Net income		19,001			(95	)		-		18,906
Changes in operating assets and liabilities:
Accounts payable, accrued expenses and other current liabilities		(5,196	)		(150	)		-		(5,346	)
Deferred franchise fees		453			245			-		698
Net cash provided by operating activities		7,373			-			-		7,373
Net cash provided by investing activities		12,449			-			-		12,449
Net cash (used in) financing activities		(4,329	)		-			-		(4,329	)
Net increase in cash and cash equivalents		15,493			-			-		15,493

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

	December 2 3 , 2018
Receivables (a)	$	480
Deferred franchise fees (b)	$	3,076

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

	T hirty - nine Weeks Ended
	Dec ember 23 , 2018
Deferred franchise fees at beginning of period (a)	$	3,139
Additions to deferred revenue		830
Revenue recognized during the period		(350	)
Deferred franchise fees at end of period	$	3,619

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

	Estimate for fiscal year
2019 (a)	$	80
2020		318
2021		309
2022		299
2023		259
Thereafter		2,354
Total	$	3,619