Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statements of Income

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Unaudited Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jul. 01, 2018
Jul. 02, 2017
Net sales $ 15,460 $ 13,647
Cost of products sold 11,332 10,045
Gross profit 4,128 3,602
Marketing and administrative expenses 3,685 2,901
Income from operations 443 701
Other income (expense):    
Interest expense (99) (20)
Interest income 41
Foreign exchange loss (2)
Other - net 1
Income before income tax expense 344 721
Income tax expense 80 203
Net income $ 264 $ 518
Weighted average shares outstanding:    
Basic (in shares) 10,070 10,044
Effect of dilutive securities (in shares) 2 11
Diluted (in shares) 10,072 10,055
Earnings per share:    
Basic (in dollars per share) $ 0.03 $ 0.05
Diluted (in dollars per share) 0.03 0.05
Cash dividends declared per share (in dollars per share) $ 0.08 $ 0.08