Note 12 - Commitments and Contingencies |
12 Months Ended |
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Apr. 01, 2018 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] |
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1 2 – Commitments and Contingencies
Total rent expense was $1.6 million, $1.5 million and $1.5 million during fiscal years 2018 2017 and 2016, respectively. The Company’s commitment for minimum guaranteed rental payments under its lease agreements as of April 1, 2018 is $3.3 million, consisting of $1.5 million, $1.4 million and $473,000 due in fiscal years 2019, 2020 and 2021, respectively.Total royalty expense was $7.2 million, $7.0 million, and $9.0 million for fiscal years 2018, 2017 and 2016, respectively. The Company’s commitment for minimum guaranteed royalty payments under its license agreements as of April 1, 2018 is $4.4 million, consisting of $2.9 million and $1.5 million due in fiscal years 2019 and 2020, respectively.The Company is, from time to time, involved in various legal proceedings relating to claims arising in the ordinary course of its business. Neither the Company nor any of its subsidiaries is a party to any such legal proceeding the outcome of which, individually or in the aggregate, is expected to have a material adverse effect on the Company’s financial position, results of operations or cash flows.
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