Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Income

v3.21.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 28, 2021
Mar. 29, 2020
Net sales $ 79,164 $ 73,396
Cost of products sold 55,067 51,806
Gross profit 24,097 21,590
Marketing and administrative expenses 14,218 13,853
Loss from impairment of long-lived assets 2,234
Income from operations 7,645 7,737
Other (expense) income:    
Interest expense - net of interest income 83 (2)
(Loss) gain on sale of property, plant and equipment (4) 15
Other - net (1) 18
Income before income tax expense 7,723 7,768
Income tax expense 1,642 1,207
Net income $ 6,081 $ 6,561
Weighted average shares outstanding:    
Basic (in shares) 10,144 10,149
Effect of dilutive securities (in shares) 6 1
Diluted (in shares) 10,150 10,150
Earnings per share - basic and diluted (in dollars per share) $ 0.60 $ 0.65