Note E - Income Per Share (Tables)

9 Months Ended

Dec. 27, 2015

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Net Income				Number of Shares				Net Income Per Share
	2015		2014		2015		2014		2015		2014
	(in thousands)				(in thousands)
Basic EPS
Basic calculation	$	432	$	2,241		4,408		4,482	$	0.10	$	0.50
Effect of dilutive employee stock options		-		-		36		121		-		(0.01	)
Diluted EPS
Diluted calculation	$	432	$	2,241		4,444		4,603	$	0.10	$	0.49

	Net Income				Number of Shares				Net Income Per Share
	2015		2014		2015		2014		2015			2014
	(in thousands)				(in thousands)
Basic EPS
Basic calculation	$	5,589	$	10,166		4,474		4,475	$	1.25		$	2.27
Effect of dilutive employee stock options		-		-		30		121		(0.01	)		(0.06	)
Diluted EPS
Diluted calculation	$	5,589	$	10,166		4,504		4,596	$	1.24		$	2.21