Subsequent Event

6 Months Ended

Sep. 26, 2015

Subsequent Events [Abstract]

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15. Subsequent Event: Acquisition--On October 30, 2015, the Company completed the acquisition of 100% of the stock of Gray & Company. The business, based in Hart, Michigan, is the largest processor of maraschino cherries in the world and one of the largest providers of glace or candied fruit products. This acquisition includes a plant in Dayton, Oregon. The purchase price was approximately $24,500,000 plus the assumption of certain liabilities. In conjunction with the closing, the Company paid off $10,400,000 of liabilities acquired. The rationale for the acquisition was twofold: (1) the business is a complementary fit with our existing business and (2) it provides an extension of our product offerings.