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Discontinued Operations (Tables)
12 Months Ended
Mar. 28, 2021
Discontinued Operations  
Summary of financial results of the retail segment discontinued operations

 

Fiscal Years Ended

 

    

March 28, 2021

    

March 29, 2020

    

March 31, 2019

    

Revenues

$

86,728,300

$

131,283,900

$

187,769,000

Cost of goods sold

 

74,238,800

 

119,102,800

 

150,815,000

Gross profit

 

12,489,500

 

12,181,100

 

36,954,000

Selling, general and administrative expenses

 

7,652,100

 

15,809,500

 

17,866,700

Goodwill impairment

2,569,100

Income (loss) from operations

 

4,837,400

 

(6,197,500)

 

19,087,300

Gain on disposal

 

3,020,800

 

 

Income (loss) before provision for (benefit from) income taxes

 

7,858,200

 

(6,197,500)

 

19,087,300

Provision for (benefit from) income taxes

 

2,227,800

 

(230,000)

 

4,659,200

Net income (loss) attributable to discontinued operations

$

5,630,400

$

(5,967,500)

$

14,428,100

 

March 28,

 

March 29,

 

 

2021

2020

 

 

 

ASSETS

Product inventory, net

$

1,196,900

$

18,849,900

Current portion of assets held for sale

$

1,196,900

$

18,849,900