Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Discontinued Operations

Note 4 - Discontinued Operations
6 Months Ended
Oct. 02, 2011
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
Note 4 – Discontinued Operations

In June 2007, the operations of Churchill Weavers, Inc. (“Churchill”), a wholly-owned subsidiary of the Company, ceased and all employees were terminated.  The Company is actively marketing Churchill’s land and building for sale.  The Churchill property is recorded at fair value, less cost to sell, and is classified as assets held for sale in the accompanying consolidated balance sheets.  The costs to maintain the Churchill property are classified as discontinued operations in the accompanying consolidated statements of income.