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Consolidated Statements of Earnings (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Sep. 27, 2015
Sep. 28, 2014
Sep. 27, 2015
Sep. 28, 2014
REVENUES        
Sales $ 23,973,000 $ 22,821,000 $ 46,864,000 $ 43,349,000
License royalties 5,256,000 4,538,000 11,792,000 10,106,000
Franchise fees and royalties 1,390,000 1,513,000 2,617,000 3,002,000
Total revenues 30,619,000 28,872,000 61,273,000 56,457,000
COSTS AND EXPENSES        
Cost of sales 17,660,000 18,105,000 35,766,000 34,393,000
Restaurant operating expenses 1,222,000 1,286,000 2,191,000 2,350,000
Depreciation and amortization 333,000 341,000 672,000 687,000
General and administrative expenses 2,978,000 2,693,000 6,602,000 5,801,000
Total costs and expenses 22,193,000 22,425,000 45,231,000 43,231,000
Income from operations 8,426,000 $ 6,447,000 16,042,000 $ 13,226,000
Interest expense (3,709,000) (7,418,000)
Interest income 47,000 $ 54,000 52,000 $ 116,000
Other income, net 25,000 27,000 51,000 48,000
Income before provision for income taxes 4,789,000 6,528,000 8,727,000 13,390,000
Provision for income taxes 1,942,000 2,674,000 3,570,000 5,465,000
Net income $ 2,847,000 $ 3,854,000 $ 5,157,000 $ 7,925,000
Income per share:        
Basic (in dollars per share) $ 0.64 $ 0.86 $ 1.14 $ 1.77
Diluted (in dollars per share) $ 0.64 $ 0.84 $ 1.14 $ 1.73
Weighted average shares used in computing income per share:        
Basic (in shares) 4,432,000 4,472,000 4,508,000 4,472,000
Diluted (in shares) 4,449,000 4,593,000 4,535,000 4,593,000