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Consolidated Balance Sheets - USD ($)
Mar. 26, 2017
Mar. 27, 2016
Current assets:    
Cash and cash equivalents $ 8,540,100 $ 16,882,800
Trade accounts receivable, net of allowance for doubtful accounts of $782,200 and $841,400, respectively 64,778,900 58,315,700
Product inventory, net 63,984,300 53,903,900
Prepaid expenses and other current assets 3,864,100 5,917,100
Total current assets 141,167,400 135,019,500
Property and equipment, net 18,089,100 19,895,400
Goodwill, net 11,677,700 11,684,700
Other long-term assets 3,046,300 2,816,400
Total assets 173,980,500 169,416,000
Current liabilities:    
Trade accounts payable 53,581,400 41,986,000
Payroll, benefits and taxes 6,772,100 4,927,900
Income and sales tax liabilities 1,364,700 1,456,800
Accrued expenses and other current liabilities 2,228,200 3,874,100
Current portion of long-term debt 26,500 251,100
Total current liabilities 63,972,900 52,495,900
Deferred tax liabilities 386,800 379,400
Long-term debt, net of current portion 29,800 1,706,500
Other long-term liabilities 1,574,700 2,306,900
Total liabilities 65,964,200 56,888,700
Shareholders' equity:    
Preferred stock, $0.01 par value, 500,000 shares authorized and no shares issued and outstanding
Common stock $0.01 par value, 15,000,000 shares authorized, 14,048,392 shares issued and 8,337,669 shares outstanding as of March 26, 2017, and 13,970,394 shares issued and 8,272,124 shares outstanding as of March 27, 2016 98,400 97,600
Additional paid-in capital 59,006,000 58,113,800
Treasury stock, at cost, 5,710,723 shares outstanding as of March 26, 2017 and 5,698,270 shares outstanding as of March 27, 2016 (57,437,600) (57,245,200)
Retained earnings 106,349,500 111,561,100
Total shareholders' equity 108,016,300 112,527,300
Total liabilities and shareholders' equity $ 173,980,500 $ 169,416,000