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Note 7 - Related Party Transaction
12 Months Ended
Mar. 30, 2014
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

NOTE 7.    RELATED PARTY TRANSACTION


Alonim Investments Inc. (“Alonim”) owns approximately 7.6 million shares, or approximately 16%, of our outstanding common stock as of March 30, 2014. As such, Alonim is our largest stockholder and any sales made to Alonim or its affiliates are considered related party transactions and revenue is recognized in accordance to our revenue recognition policy disclosed in “Note 3 – Accounting Policies.”


Related party contributions as a percentage of our total net sales for the periods indicated below were as follows:


   

Fiscal Years Ended

 
   

March 30,

2014

   

March 31,

2013

   

April 1,

2012

 

Alonim

    29 %     30 %     31 %

Related party receivables as a percentage of our net accounts receivable were as follows as of the dates indicated below:


   

March 30,

2014

   

March 31,

2013

 

Alonim

    18 %     21 %

Related party expenses for reimbursement of promotional materials were not significant for fiscal years 2014, 2013 and 2012.