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Discontinued Operations (Tables)
12 Months Ended
Mar. 27, 2022
Discontinued Operations  
Summary of financial results of the retail segment discontinued operations

 

Fiscal Years Ended

 

    

March 27, 2022

    

March 28, 2021

    

March 29, 2020

    

Revenues

$

3,117,300

$

86,728,300

$

131,283,900

Cost of goods sold

 

2,090,700

 

74,238,800

 

119,102,800

Gross profit

 

1,026,600

 

12,489,500

 

12,181,100

Selling, general and administrative expenses

 

448,600

 

7,652,100

 

15,809,500

Goodwill impairment

2,569,100

Income (loss) from operations

 

578,000

 

4,837,400

 

(6,197,500)

Gain on disposal

 

 

3,020,800

 

Income (loss) from operations before income taxes

 

578,000

 

7,858,200

 

(6,197,500)

Provision for (benefit from) income taxes

 

(33,300)

 

2,227,800

 

(230,000)

Net income (loss) attributable to discontinued operations

$

611,300

$

5,630,400

$

(5,967,500)

 

March 27,

 

March 28,

 

 

2022

2021

 

 

 

ASSETS

Product inventory, net

$

$

1,196,900

Current portion of assets held for sale

$

$

1,196,900