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Consolidated Balance Sheets - USD ($)
Apr. 01, 2018
Mar. 26, 2017
Current assets:    
Cash and cash equivalents $ 19,400 $ 8,540,100
Trade accounts receivable, net of allowance for doubtful accounts of $1,094,900 and $782,200, respectively 87,862,300 64,778,900
Product inventory, net 72,323,000 63,984,300
Prepaid expenses and other current assets 4,489,100 3,864,100
Total current assets 164,693,800 141,167,400
Property and equipment, net 13,662,800 13,830,900
Goodwill, net 11,677,700 11,677,700
Deferred tax assets 710,500  
Other long-term assets 8,678,900 7,304,500
Total assets 199,423,700 173,980,500
Current liabilities:    
Trade accounts payable 67,041,100 53,581,400
Payroll, benefits and taxes 8,291,100 6,772,100
Income and sales tax liabilities 2,339,200 1,364,700
Accrued expenses and other current liabilities 1,370,300 2,228,200
Revolving line of credit 10,835,400  
Current portion of long-term debt 27,300 26,500
Total current liabilities 89,904,400 63,972,900
Deferred tax liabilities   386,800
Long-term debt, net of current portion 2,300 29,800
Other long-term liabilities 1,465,400 1,574,700
Total liabilities 91,372,100 65,964,200
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, 14,111,703 shares issued and 8,396,537 shares outstanding as of April 1, 2018, and 14,048,392 shares issued and 8,337,669 shares outstanding as of March 26, 2017 99,000 98,400
Additional paid-in capital 60,611,900 59,006,000
Treasury stock, at cost, 5,715,166 shares as of April 1, 2018 and 5,710,723 shares as of March 26, 2017 (57,503,000) (57,437,600)
Retained earnings 104,843,700 106,349,500
Total shareholders' equity 108,051,600 108,016,300
Total liabilities and shareholders' equity $ 199,423,700 $ 173,980,500