Income Taxes

9 Months Ended

Mar. 24, 2024

Income Taxes [Abstract]

Income Taxes

Note F - Income Taxes

Total income tax expense consists of the following (in thousands):

	Three Months Ended				Nine Months Ended
	March 24, 2024		March 26, 2023		March 24, 2024		March 26, 2023
Federal tax expense	$	176	$	91	$	261	$	272
State tax expense		24		24		58		75
Total income tax expense	$	200	$	115	$	319	$	347

For the three and nine months ended March 24, 2024, the Company recorded an income tax expense of $ thousand and $ thousand, respectively. For the three and nine months ended March 26, 2023, the Company recorded an income tax expense of $ thousand and $ thousand, respectively.

The Company continually reviews the realizability of its deferred tax assets, including an analysis of factors such as future taxable income, reversal of existing taxable temporary differences, and tax planning strategies. In assessing the need for the valuation allowance, the Company considers both positive and negative evidence related to the likelihood of realization of deferred tax assets.