XML 45 R34.htm IDEA: XBRL DOCUMENT v3.5.0.2
Earnings Per Share (Details) - USD ($)
3 Months Ended 6 Months Ended
Sep. 25, 2016
Sep. 27, 2015
Sep. 25, 2016
Sep. 27, 2015
Participating securities, Distributed and undistributed earnings        
Participating securities (in shares)     0 32,130
Earnings per share - Basic        
Net earnings $ 994,200 $ 2,748,300 $ 1,074,700 $ 4,443,600
Less: Distributed and undistributed earnings allocated to nonvested stock   (7,000)   (12,000)
Earnings available to common shareholders – Basic   $ 2,741,000   $ 4,432,000
Weighted average common shares outstanding - Basic (in shares) 8,310,300 8,238,065 8,300,000 8,218,905
Basic earnings per share (in dollars per share) $ 0.12 $ 0.33 $ 0.13 $ 0.54
Earnings per share - Diluted        
Net earnings   $ 2,748,000   $ 4,444,000
Less: Distributed and undistributed earnings allocated to nonvested stock   (7,000) $ 0 (8,000)
Earnings available to common shareholders – Diluted   $ 2,741,000   $ 4,436,000
Weighted average common shares outstanding - Basic (in shares) 8,310,300 8,238,065 8,300,000 8,218,905
Effect of dilutive options (in shares) 13,900 32,130 20,900 40,573
Diluted weighted-average common shares outstanding (in shares) 8,324,200 8,270,195 8,320,900 8,259,478
Diluted earnings per share (in dollars per share) $ 0.12 $ 0.33 $ 0.13 $ 0.54
Anti-dilutive equity awards (in shares)   80,000   80,000
Stock Options        
Earnings per share - Diluted        
Anti-dilutive equity awards (in shares)     330,000 80,000
Performance Stock Units        
Earnings per share - Diluted        
Anti-dilutive equity awards (in shares)     0 0
RSU awards        
Earnings per share - Diluted        
Anti-dilutive equity awards (in shares)     0 0