Quarterly Results of Operations (Unaudited)

12 Months Ended

Mar. 26, 2017

Quarterly Results of Operations (Unaudited)

Quarterly Results of Operations (Unaudited)

Note 20. Quarterly Results of Operations (Unaudited)

Summarized quarterly financial data for the fiscal years ended March 26, 2017 and March 27, 2016 is presented in the table below:

	Fiscal Year 2017 Quarters Ended								Fiscal Year 2016 Quarters Ended
	March 26,		December 25,		September 25,		June 26,		March 27,		December 27,		September 27,		June 28,
	2017		2016		2016		2016		2016		2015		2015		2015
Revenues	$	122,602,900	$	147,198,400	$	134,633,800	$	128,860,000	$	114,154,100	$	139,510,700	$	142,353,300	$	134,664,000
Cost of goods sold		96,665,300		117,229,800		105,878,200		101,754,000		91,135,200		110,057,300		111,841,600		105,682,100
Gross profit		25,937,600		29,968,600		28,755,600		27,106,000		23,018,900		29,453,400		30,511,700		28,981,900
Selling, general and administrative expenses		26,890,400		27,860,700		26,709,500		26,955,700		26,202,100		24,742,400		25,865,400		26,122,400
Restructuring charges		806,600		—		—		—		—		—		—		—
Operating expenses		27,697,000		27,860,700		26,709,500		26,955,700		26,202,100		24,742,400		25,865,400		26,122,400
(Loss) income from operations		(1,759,400)		2,107,900		2,046,100		150,300		(3,183,200)		4,711,000		4,646,300		2,859,500
Interest, net		(7,100)		37,100		17,200		11,400		12,400		55,500		47,100		46,300
(Loss) income before provision for income taxes		(1,752,300)		2,070,800		2,028,900		138,900		(3,195,600)		4,655,500		4,599,200		2,813,200
Provision for income taxes		(895,000)		843,100		1,034,700		58,400		(1,205,800)		1,768,800		1,850,900		1,117,900
Net (loss) income	$	(857,300)	$	1,227,700	$	994,200	$	80,500	$	(1,989,800)	$	2,886,700	$	2,748,300	$	1,695,300
Diluted  (loss) earnings per share	$	(0.10)	$	0.15	$	0.12	$	0.01	$	(0.24)	$	0.35	$	0.33	$	0.20
Cash dividends declared per common share	$	0.20	$	0.20	$	0.20	$	0.20	$	0.20	$	0.20	$	0.20	$	0.20