Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statements of Income

v3.20.2
Unaudited Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 27, 2020
Sep. 29, 2019
Sep. 27, 2020
Sep. 29, 2019
Net sales $ 21,659 $ 18,560 $ 37,864 $ 34,502
Cost of products sold 14,565 12,691 25,747 24,082
Gross profit 7,094 5,869 12,117 10,420
Marketing and administrative expenses 3,802 3,476 7,182 6,928
Income from operations 3,292 2,393 4,935 3,492
Other (expense) income:        
Interest expense - net of interest income (1) (23) (5) 6
Gain on sale of property, plant and equipment 9 9
Other - net (1) 3 11
Income before income tax expense 3,290 2,382 4,930 3,518
Income tax expense 803 603 1,228 660
Net income $ 2,487 $ 1,779 $ 3,702 $ 2,858
Weighted average shares outstanding:        
Basic (in shares) 10,208 10,143 10,189 10,131
Effect of dilutive securities (in shares) 6 4
Diluted (in shares) 10,214 10,143 10,193 10,131
Earnings per share - basic and diluted (in dollars per share) $ 0.24 $ 0.18 $ 0.36 $ 0.28