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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Jun. 26, 2022
Jun. 27, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (275,100) $ (1,717,300)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 541,900 607,700
Non-cash stock-based compensation expense 222,800 254,900
Change in trade accounts receivable (4,483,400) (1,206,200)
Change in product inventory (3,840,500) (15,803,200)
Change in prepaid expenses and other current assets (1,488,200) (1,430,000)
Change in income taxes receivable 3,763,500 (30,200)
Change in other assets and other liabilities (138,700) (487,700)
Change in trade accounts payable 4,666,900 14,632,900
Change in payroll, benefits and taxes 241,400 724,400
Change in sales tax liabilities (473,200) (51,000)
Change in accrued expenses and other current liabilities 58,100 (1,326,600)
Net cash provided by (used in) operating activities (1,204,500) (5,832,300)
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (2,044,700) (2,173,900)
Net cash provided by (used in) investing activities (2,044,700) (2,173,900)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings from revolving line of credit long term 70,367,900 66,565,500
Repayments to revolving line of credit long term (65,607,700) (57,419,600)
Payments of debt issuance costs (34,700)  
Payments on long term debt (87,300)  
Purchase of treasury stock and repurchase of stock from employees and directors for minimum tax withholdings (137,100) (42,200)
Net cash provided by (used in) financing activities 4,501,100 9,103,700
Net increase (decrease) in cash and cash equivalents 1,251,900 1,097,500
CASH AND CASH EQUIVALENTS, beginning of period 1,754,000 1,110,000
CASH AND CASH EQUIVALENTS, end of period 3,005,900 2,207,500
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Capital expenditures included in accounts payable $ 5,662,100 $ 3,362,900