v3.10.0.1
Unaudited Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 30, 2018
Dec. 31, 2017
Dec. 30, 2018
Dec. 31, 2017
Net sales $ 18,668 $ 17,476 $ 54,664 $ 47,584
Cost of products sold 13,071 12,207 38,569 33,691
Gross profit 5,597 5,269 16,095 13,893
Marketing and administrative expenses 3,446 3,656 10,958 10,364
Income from operations 2,151 1,613 5,137 3,529
Other income (expense):        
Interest expense (62) (47) (249) (85)
Interest income 11 80
Other - net 2 1 3
Income before income tax expense 2,091 1,578 4,891 3,524
Income tax expense 537 1,047 1,264 1,750
Net income $ 1,554 $ 531 $ 3,627 $ 1,774
Weighted average shares outstanding:        
Basic (in shares) 10,098 10,086 10,084 10,068
Effect of dilutive securities (in shares) 1 4 2 7
Diluted (in shares) 10,099 10,090 10,086 10,075
Earnings per share:        
Basic (in dollars per share) $ 0.15 $ 0.05 $ 0.36 $ 0.18
Diluted (in dollars per share) $ 0.15 $ 0.05 $ 0.36 $ 0.18

Source