XML 59 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Mar. 29, 2015
Mar. 30, 2014
Mar. 31, 2013
Income Statement [Abstract]      
Sales $ 364,023us-gaap_SalesRevenueNet $ 348,263us-gaap_SalesRevenueNet $ 350,387us-gaap_SalesRevenueNet
Cost of sales (298,232)us-gaap_CostOfGoodsAndServicesSold (286,663)us-gaap_CostOfGoodsAndServicesSold (286,241)us-gaap_CostOfGoodsAndServicesSold
Pension withdrawal 0hwkn_MultiemployerPensionPlanWithdrawalCharge 0hwkn_MultiemployerPensionPlanWithdrawalCharge (7,210)hwkn_MultiemployerPensionPlanWithdrawalCharge
Gross profit 65,791us-gaap_GrossProfit 61,600us-gaap_GrossProfit 56,936us-gaap_GrossProfit
Selling, general and administrative expenses (35,375)us-gaap_SellingGeneralAndAdministrativeExpense (33,510)us-gaap_SellingGeneralAndAdministrativeExpense (31,606)us-gaap_SellingGeneralAndAdministrativeExpense
Operating income 30,416us-gaap_OperatingIncomeLoss 28,090us-gaap_OperatingIncomeLoss 25,330us-gaap_OperatingIncomeLoss
Interest income (expense), net 38us-gaap_InterestIncomeExpenseNet (29)us-gaap_InterestIncomeExpenseNet 84us-gaap_InterestIncomeExpenseNet
Income from continuing operations before income taxes 30,454us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 28,061us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 25,414us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax provision 11,240hwkn_IncomeTaxExpenseBenefitContinuingOperationsTotal 9,967hwkn_IncomeTaxExpenseBenefitContinuingOperationsTotal 8,306hwkn_IncomeTaxExpenseBenefitContinuingOperationsTotal
Income from continuing operations 19,214us-gaap_IncomeLossFromContinuingOperations 18,094us-gaap_IncomeLossFromContinuingOperations 17,108us-gaap_IncomeLossFromContinuingOperations
Income from discontinued operations, net of tax 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 18us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income $ 19,214us-gaap_NetIncomeLoss $ 18,094us-gaap_NetIncomeLoss $ 17,126us-gaap_NetIncomeLoss
Weighted average number of shares outstanding-basic 10,568,582us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 10,544,467us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 10,464,820us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average number of shares outstanding-diluted 10,633,554us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 10,599,755us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 10,541,142us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Basic earnings per share:      
Earnings per share from continuing operations $ 1.82us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.72us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.64us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Earnings per share from discontinued operations $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Basic earnings per share $ 1.82us-gaap_EarningsPerShareBasic $ 1.72us-gaap_EarningsPerShareBasic $ 1.64us-gaap_EarningsPerShareBasic
Diluted earnings per share      
Earnings per share from continuing operations $ 1.81us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.71us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.62us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Earnings per share from discontinued operations $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Diluted earnings per share $ 1.81us-gaap_EarningsPerShareDiluted $ 1.71us-gaap_EarningsPerShareDiluted $ 1.62us-gaap_EarningsPerShareDiluted
Cash dividends declared per common share $ 0.76us-gaap_CommonStockDividendsPerShareDeclared $ 0.72us-gaap_CommonStockDividendsPerShareDeclared $ 0.68us-gaap_CommonStockDividendsPerShareDeclared