Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Income

v3.19.2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2019
Apr. 01, 2018
Net sales $ 76,381 $ 70,270
Cost of products sold 54,074 50,491
Gross profit 22,307 19,779
Marketing and administrative expenses 15,194 14,272
Income from operations 7,113 5,507
Other income (expense):    
Interest expense (325) (162)
Interest income 79
Other - net 3 (3)
Income before income tax expense 6,791 5,421
Income tax expense 1,772 2,400
Net income $ 5,019 $ 3,021
Weighted average shares outstanding:    
Basic (in shares) 10,092 10,072
Effect of dilutive securities (in shares) 2 7
Diluted (in shares) 10,094 10,079
Earnings per share:    
Basic (in dollars per share) $ 0.50 $ 0.30
Diluted (in dollars per share) $ 0.50 $ 0.30