Note J - Income Taxes (Tables)

12 Months Ended

Mar. 29, 2015

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	March 29, 2015		March 30, 2014		March 31, 2013
Federal
Current	$	5,992	$	2,664	$	3,237
Deferred		60		1,421		377
		6,052		4,085		3,614
State and local
Current		1,599		918		937
Deferred		51		231		120
		1,650		1,149		1,057
	$	7,702	$	5,234	$	4,671

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	March 29 , 201 5			March 30, 2014			March 31, 2013
Computed “expected” tax expense	$	6,792		$	4,611		$	4,127
State and local income taxes, net of Federal income tax benefit		1,112			773			633
Tax-exempt investment earnings		(63	)		(110	)		(133	)
Change in uncertain tax positions, net		(62	)		(22	)		22
Nondeductible meals and entertainment and other		(77	)		(18	)		22
	$	7,702		$	5,234		$	4,671

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	March 29 ,			March 30,
	201 5			2014
Deferred tax assets
Accrued expenses	$	145		$	162
Allowance for doubtful accounts		52			49
Deferred revenue		432			569
Deferred stock compensation		223			594
Excess of straight line over actual rent		412			289
Investment		152			157
Other		140			129
Total gross deferred tax assets	$	1,556		$	1,949
Deferred tax liabilities
Deductible prepaid expense		288			302
Unrealized gain on marketable securities		16			83
Depreciation expense		1,692			1,692
Deductible business interruption expenses		-			293
Amortization		311			287
Total gross deferred tax liabilities		2,307			2,657
Net deferred tax (liability)		(751	)		(708	)
Less current portion		(277	)		(26	)
Long-term portion	$	(1,028	)	$	(734	)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	March 29, 2015			March 30, 2014			March 31, 2013
Unrecognized tax benefits, beginning of year	$	283		$	296		$	422
Decreases of tax positions taken in prior years		(64	)		(34	)		(50	)
Increases based on tax positions taken in current year		47			21			34
Settlements of tax positions taken in prior years		-			-			(110	)
Unrecognized tax benefits, end of year	$	266		$	283		$	296

Summary of Income Tax Examinations [Table Text Block]

Jurisdiction	Fiscal Year
Federal	2012
New York State	2012
New York City	2012