Stockholders Equity Note

6 Months Ended

Sep. 29, 2012

Stockholders Equity Note [Abstract]

Stockholders Equity Note Disclosure Text Block

5.       During the six-month period ended September 29, 2012, there were 14,000 shares, or $4,000, of Class B Common Stock (at Par), converted to Class A Common Stock and there were 2,000 shares, or $24,000of Participating Preferred Stock, also converted to Class A Common Stock. During the six month period ended September 29, 2012, the Company repurchased 69,554shares or $1,935,000of its Class A Common Stock. As of September 29, 2012, 134,387shares or $3,370,000of stock have been repurchased under the Company's share repurchase program. In addition, on August 30, 2012, the Company repurchased 864,334 shares of Class A Common Stock in a Board approved transaction outside of the Company's share repurchase program for $25,930,000. All shares were repurchased as Treasury Stock and are not considered outstanding. During the three month period ended June 30, 2012, there were 1,330 shares, or $29,000 of Class B Common Stock issued in lieu of cash compensation under the Company's Profit Sharing Bonus Plan.