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Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 27, 2020
Sep. 29, 2019
Sep. 27, 2020
Sep. 29, 2019
REVENUES        
Revenues $ 21,839 $ 29,726 $ 39,525 $ 60,244
COSTS AND EXPENSES        
Cost of sales 9,927 16,289 15,224 31,711
Restaurant operating expenses 1,011 1,108 1,863 2,027
Depreciation and amortization 302 337 612 647
General and administrative expenses 2,612 3,559 5,456 7,496
Advertising fund expense 403 1,067 692 1,549
Total costs and expenses 14,255 22,360 23,847 43,430
Income from operations 7,584 7,366 15,678 16,814
Loss on disposal of property and equipment 0 (2) 0 (2)
Interest expense (2,651) (2,651) (5,301) (5,301)
Interest income 103 370 220 736
Other income, net 22 20 22 41
Income before provision for income taxes 5,058 5,103 10,619 12,288
Provision for income taxes 1,403 1,445 2,964 3,261
Net income $ 3,655 $ 3,658 $ 7,655 $ 9,027
Weighted average shares used in computing income per share:        
Basic (in shares) 4,115 4,227 4,118 4,216
Diluted (in shares) 4,115 4,227 4,118 4,216
Income per share:        
Basic (in dollars per share) $ 0.89 $ 0.87 $ 1.86 $ 2.14
Diluted (in dollars per share) 0.89 0.87 1.86 2.14
Dividends declared per share (in dollars per share) $ 0.35 $ 0.35 $ 0.70 $ 0.70
Product [Member]        
REVENUES        
Revenues $ 12,692 $ 22,106 $ 19,375 $ 42,343
License [Member]        
REVENUES        
Revenues 8,268 5,425 18,791 14,147
Franchise Fees and Royalties [Member]        
REVENUES        
Revenues 476 1,498 667 2,575
Advertising Fund Revenue [Member]        
REVENUES        
Revenues $ 403 $ 697 $ 692 $ 1,179