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 $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Sep. 30, 2012
Oct. 02, 2011
Sep. 30, 2012
Oct. 02, 2011
Net sales $ 17,282 $ 21,319 $ 34,735 $ 38,818
Cost of products sold 13,368 16,578 26,396 30,294
Gross profit 3,914 4,741 8,339 8,524
Marketing and administrative expenses 2,774 2,954 5,759 5,809
Income from operations 1,140 1,787 2,580 2,715
Other income (expense):        
Interest and amortization of debt discount and expense (18) (70) (37) (148)
Other - net 25 2 32 10
Income before income tax expense 1,147 1,719 2,575 2,577
Income tax expense 392 652 923 980
Net income $ 755 $ 1,067 $ 1,652 $ 1,597
Weighted average shares outstanding:        
Basic (in Shares) 9,775 9,644 9,750 9,632
Effect of dilutive securities (in Shares) 72 134 68 152
Diluted (in Shares) 9,847 9,778 9,818 9,784
Earnings per share:        
Basic (in Dollars per share) $ 0.08 $ 0.11 $ 0.17 $ 0.17
Diluted (in Dollars per share) $ 0.08 $ 0.11 $ 0.17 $ 0.16
Cash dividends declared per share (in Dollars per share) $ 0.08 $ 0.03 $ 0.08 $ 0.06