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Consolidated Balance Sheets - USD ($)
Dec. 30, 2018
Apr. 01, 2018
Current assets:    
Cash and cash equivalents $ 1,600 $ 19,400
Trade accounts receivable, net of allowance for doubtful accounts of $2,307,700 and $1,094,900, respectively 90,374,600 87,862,300
Product inventory, net 74,644,800 72,323,000
Prepaid expenses and other current assets 5,965,800 4,489,100
Total current assets 170,986,800 164,693,800
Property and equipment, net 15,176,300 13,662,800
Goodwill, net 11,677,700 11,677,700
Deferred tax assets 627,000 710,500
Other long-term assets 7,725,400 8,678,900
Total assets 206,193,200 199,423,700
Current liabilities:    
Trade accounts payable 67,565,700 67,041,100
Payroll, benefits and taxes 6,994,700 8,291,100
Income and sales tax liabilities 1,301,100 2,339,200
Accrued expenses and other current liabilities 2,949,200 1,370,300
Revolving line of credit 16,905,500 10,835,400
Current portion of long-term debt 9,200 27,300
Total current liabilities 95,725,400 89,904,400
Long-term debt, net of current portion   2,300
Other long-term liabilities 1,005,900 1,465,400
Total liabilities 96,731,300 91,372,100
Shareholders' equity:    
Preferred stock, $0.01 par value per share, 500,000 shares authorized and no shares issued and outstanding
Common stock, $0.01 par value per share, 15,000,000 shares authorized, 14,170,024 shares issued and 8,448,526 shares outstanding as of December 30, 2018, and 14,111,703 shares issued and 8,396,537 shares outstanding as of April 1, 2018 99,600 99,000
Additional paid-in capital 62,140,700 60,611,900
Treasury stock, at cost, 5,721,498 shares as of December 30, 2018 and 5,715,166 shares as of April 1, 2018 (57,614,100) (57,503,000)
Retained earnings 104,835,700 104,843,700
Total shareholders' equity 109,461,900 108,051,600
Total liabilities and shareholders' equity $ 206,193,200 $ 199,423,700