Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Income

v3.20.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 29, 2020
Mar. 31, 2019
Net sales $ 73,396 $ 76,381
Cost of products sold 51,806 54,074
Gross profit 21,590 22,307
Marketing and administrative expenses 13,853 15,194
Income from operations 7,737 7,113
Other income (expense):    
Interest expense - net of interest income (2) (325)
Gain on sale of property, plant and equipment 15
Other - net 18 3
Income before income tax expense 7,768 6,791
Income tax expense 1,207 1,772
Net income $ 6,561 $ 5,019
Weighted average shares outstanding:    
Basic (in shares) 10,149 10,092
Effect of dilutive securities (in shares) 1 2
Diluted (in shares) 10,150 10,094
Earnings per share:    
Basic (in dollars per share) $ 0.65 $ 0.50
Diluted (in dollars per share) $ 0.65 $ 0.50