Discontinued Operations (Tables)

9 Months Ended

Dec. 27, 2020

Discontinued Operations

Summary of financial results of the retail segment discontinued operations

	Fiscal Quarters Ended				Nine Months Ended
	December 27,  2020		December 29,  2019		December 27,  2020		December 29,  2019
Revenues	$	26,413,900	$	38,734,200	$	80,512,800	$	108,943,700
Cost of goods sold		21,529,700		35,307,600		67,704,600		94,340,100
Gross profit		4,884,200		3,426,600		12,808,200		14,603,600
Selling, general and administrative expenses		3,215,700		4,484,300		7,442,000		11,863,200
Goodwill impairment		—		2,569,100		—		2,569,100
Income (loss) from operations		1,668,500		(3,626,800)		5,366,200		171,300
Gain on disposal		3,020,800		—		3,020,800		—
Income (loss) before provision for (benefit from) income taxes		4,689,300		(3,626,800)		8,387,000		171,300
(Benefit from) provision for income taxes		(98,200)		(679,400)		681,000		37,300
Net income (loss) attributable to discontinued operations	$	4,787,500	$	(2,947,400)	$	7,706,000	$	134,000

	December 27,		March 29,
	2020		2020
ASSETS
Product inventory, net	$	2,684,200	$	18,849,900
Current portion of assets held for sale	$	2,684,200	$	18,849,900