Note D - Accounts and Other Receivables, Net

12 Months Ended

Mar. 31, 2019

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

- ACCOUNTS AND OTHER RECEIVABLES, NET

Accounts and other receivables, net, consist of the following:

	March 31 ,		March 25,
	201 9		2018

Branded product sales	$	7,432	$	7,604
Franchise and license royalties		2,661		2,767
Other		665		599
		10,758		10,970

Less: allowance for doubtful accounts		585		468

Accounts and other receivables, net	$	10,173	$	10,502

Accounts receivable are due within

days and are stated at amounts due from franchisees, retail licensees and Branded Product Program customers, net of an allowance for doubtful accounts. Accounts that are outstanding longer than the contractual payment terms are generally considered past due. The Company does

not

recognize franchise and license royalties that are

not

deemed to be realizable.

The Company individually reviews each past due account and determines its allowance for doubtful accounts by considering a number of factors, including the length of time accounts receivable are past due, the Company’s previous loss history, the customer’s current and expected future ability to pay its obligation to the Company, the condition of the general economy and the industry as a whole. Based on management’s assessment, the Company provides for estimated uncollectible amounts through a charge to earnings. After the Company has used reasonable collection efforts, it writes off accounts receivable through a charge to the allowance for doubtful accounts.

Changes in the Company’s allowance for doubtful accounts for the fiscal years ended

March 31, 2019,

March 25, 2018

and

March 26, 2017

are as follows:

	March 31, 2019			March 25, 2018			March 26, 2017

Beginning balance	$	468		$	457		$	471
Reclassification to conform with Topic 606		77			-
Bad debt expense		100			34			53
Accounts written off		(60	)		(23	)		(67	)

Ending balance	$	585		$	468		$	457