Note 6 - Subsequent Events |
3 Months Ended |
|---|---|
Jul. 02, 2017 | |
| Notes to Financial Statements | |
| Subsequent Events [Text Block] |
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ote
6 – Subsequent Event
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On August 4, 2017, Carousel Acquisition, LLC, a wholly-owned subsidiary of the Company, acquired substantially all of the assets of Carousel Designs, LLC, a privately held manufacturer and online retailer of premium infant and toddler bedding and nursery décor based in Douglasville, Georgia. Carousel Acquisition paid a preliminary purchase price of $8.8 million and assumed certain specified liabilities. The final purchase price is subject to adjustment pending the calculation of certain working capital amounts of Carousel Designs as of the closing date.The Company has evaluated events which have occurred between July 2, 2017 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. |