XML 43 R26.htm IDEA: XBRL DOCUMENT v3.4.0.3
Description of Business (Policy)
12 Months Ended
Mar. 26, 2016
Description of Business [Abstract]  
Basis of Presentation

Basis of Presentation



We prepare financial statements on a 52- or 53-week year that ends on the last Saturday in March.  Fiscal years 2016, 2015, and 2014 were 52-week years.

Principles of Consolidation

Principles of Consolidation



The accompanying consolidated financial statements have been prepared in accordance with U. S. generally accepted accounting principles (U.S. GAAP) and include the accounts of the Company and its wholly-owned subsidiaries.  All significant intercompany balances and transactions have been eliminated.

Reclassifications

Reclassifications    



Certain reclassifications have been made to prior year balances in order to conform to the current year’s presentation of financial information.

Use of Estimates

Use of Estimates



The preparation of financial statements in accordance with U.S. GAAP requires the use of management estimates.  These estimates are subjective in nature and involve judgments that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at fiscal year-end and the reported amounts of revenue and expenses during the reporting period.  Actual results could differ from these estimates.