Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Subsequent Events

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Note 6 - Subsequent Events
9 Months Ended
Dec. 27, 2015
Notes to Financial Statements  
Subsequent Events [Text Block]
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As set forth in Note 5 above, the Company’s financing agreement with CIT was amended on December 28, 2015 to extend its maturity date to July 11, 2019 and to eliminate the Commitment Fee. On February 4, 2016, the Board declared a special cash dividend on the Company’s common stock of $0.25 per share, which is in addition to the declaration of the regular quarterly cash dividend of $0.08 per share. Both dividends will be paid on April 8, 2016 to stockholders of record at the close of business on March 18, 2016. The Company has evaluated events which have occurred between December 27, 2015 and the date that the accompanying consolidated financial statements were issued, and has determined that there are no other material subsequent events that require disclosure.