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 9 Months Ended
Dec. 30, 2012
Jan. 01, 2012
Dec. 30, 2012
Jan. 01, 2012
Net sales $ 20,070 $ 21,649 $ 54,805 $ 60,467
Cost of products sold 14,788 16,405 41,184 46,699
Gross profit 5,282 5,244 13,621 13,768
Marketing and administrative expenses 2,779 2,700 8,538 8,507
Income from operations 2,503 2,544 5,083 5,261
Other income (expense):        
Interest and amortization of debt discount and expense (17) (43) (54) (191)
Interest income 30   60  
Other - net 15 3 17 13
Income before income tax expense 2,531 2,504 5,106 5,083
Income tax expense 927 956 1,850 1,938
Net income $ 1,604 $ 1,548 $ 3,256 $ 3,145
Weighted average shares outstanding:        
Basic (in Shares) 9,816 9,657 9,772 9,640
Effect of dilutive securities (in Shares)   61   117
Diluted (in Shares) 9,816 9,718 9,772 9,757
Earnings per share:        
Basic (in Dollars per share) $ 0.16 $ 0.16 $ 0.33 $ 0.33
Diluted (in Dollars per share) $ 0.16 $ 0.16 $ 0.33 $ 0.32
Cash dividends declared per share (in Dollars per share) $ 0.58 $ 0.04 $ 0.66 $ 0.10