v3.24.0.1
Unaudited Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2023
Jan. 01, 2023
Dec. 31, 2023
Jan. 01, 2023
Net sales $ 23,801 $ 19,004 $ 65,053 $ 53,440
Cost of products sold 17,367 14,498 47,281 38,335
Gross profit 6,434 4,506 17,772 15,105
Marketing and administrative expenses 4,107 2,742 12,189 8,891
Income from operations 2,327 1,764 5,583 6,214
Other (expense) income:        
Interest (expense) income - net of interest income (208) 5 (560) 6
Gain on insurance proceeds received for damage to equipment 0 0 0 34
Gain on sale of property, plant and equipment 58 0 58 2
Other (expense) income - net 17 (1) (9) 123
Income before income tax expense 2,194 1,768 5,072 6,379
Income tax expense 492 420 1,182 1,557
Net income $ 1,702 $ 1,348 $ 3,890 $ 4,822
Weighted average shares outstanding:        
Basic (in shares) 10,241 10,118 10,198 10,096
Effect of dilutive securities (in shares) 0 15 2 20
Diluted (in shares) 10,241 10,133 10,200 10,116
Earnings per share - basic and diluted (in dollars per share) $ 0.17 $ 0.13 $ 0.38 $ 0.48

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