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Consolidated Statements of Earnings (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Sep. 29, 2013
Sep. 23, 2012
Sep. 29, 2013
Sep. 23, 2012
REVENUES        
Sales $ 19,887,000 $ 17,608,000 $ 36,767,000 $ 34,013,000
Franchise fees and royalties 1,516,000 1,508,000 2,863,000 2,938,000
License royalties 2,151,000 2,122,000 4,416,000 4,351,000
Interest income 87,000 100,000 178,000 200,000
Insurance gain (Note N) 0 0 2,801,000 0
Other income 21,000 22,000 38,000 40,000
Total revenues 23,662,000 21,360,000 47,063,000 41,542,000
COSTS AND EXPENSES        
Cost of sales 15,374,000 12,913,000 28,779,000 25,898,000
Restaurant operating expenses 981,000 1,053,000 1,691,000 1,928,000
Depreciation and amortization 294,000 267,000 539,000 541,000
General and administrative expenses 2,619,000 2,296,000 5,621,000 4,921,000
Interest expense 23,000 109,000 135,000 221,000
Impairment charge – long-term investment (Note H) 0 0 400,000 0
Total costs and expenses 19,291,000 16,638,000 37,165,000 33,509,000
Earnings before provision for income taxes 4,371,000 4,722,000 9,898,000 8,033,000
Provision for income taxes 1,723,000 1,877,000 3,896,000 3,182,000
Net income $ 2,648,000 $ 2,845,000 $ 6,002,000 $ 4,851,000
Basic income per share:        
Net income (in Dollars per share) $ 0.59 $ 0.65 $ 1.35 $ 1.11
Diluted income per share:        
Net income (in Dollars per share) $ 0.57 $ 0.62 $ 1.30 $ 1.06
Weighted average shares used in computing income per share        
Basic (in Shares) 4,460,000 4,407,000 4,437,000 4,387,000
Diluted (in Shares) 4,625,000 4,604,000 4,603,000 4,568,000