Note H - Income Taxes (Tables)

12 Months Ended

Mar. 26, 2023

Notes Tables

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

	March 26, 2023		March 27, 2022
Federal
Current	$	5,293	$	4,019
Deferred		137		(380	)
Total Federal income tax		5,430		3,639
State and local
Current		1,681		1,365
Deferred		70		(64	)
Total State and local income tax		1,751		1,301
Total provision for income taxes	$	7,181	$	4,940

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

	March 26, 2023			March 27, 2022
Income tax provision at the U.S. Federal statutory rate	$	5,629		$	3,893
State and local income taxes, net of U.S. Federal income tax benefit		1,339			1,003
Change in uncertain tax positions, net		63			33
Nondeductible meals and entertainment and other		(45	)		(77	)
Nondeductible executive compensation		195			88
Total provision for income taxes	$	7,181		$	4,940

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

	March 26,		March 27,
	2023		2022
Deferred tax assets
Accrued expenses	$	348	$	324
Allowance for doubtful accounts		120		61
Interest expense		-		381
Deferred revenue		402		519
Deferred stock compensation		78		69
Operating lease liability		1,550		1,894
Other		135		123
Total deferred tax assets	$	2,633	$	3,371
Deferred tax liabilities
Deductible prepaid expense	$	147	$	240
Operating lease right-of-use asset		1,390		1,692
Depreciation expense		549		637
Amortization		172		220
Total deferred tax liabilities		2,258		2,789
Net deferred tax asset	$	375	$	582

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

	March 26, 2023			March 27, 2022
Unrecognized tax benefits, beginning of year	$	403		$	397
Decreases of tax positions taken in prior years		(16	)		(19	)
Increases based on tax positions taken in current year		45			38
Settlements of tax positions taken in prior years		-			(13	)
Unrecognized tax benefits, end of year	$	432		$	403

Summary of Income Tax Contingencies [Table Text Block]

Jurisdiction	Fiscal Year
Federal	2020
New York State	2020
New York City	2020
New Jersey	2019
California	2019