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INCOME TAXES (Tables) | 12 Months Ended
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Mar. 26, 2016
INCOME TAXES [Abstract] |
Schedule of Net Income before Income Taxes |
|  | FY 2016 |  |  | FY 2015 |
United States |  | $ | 5,760 |  |  |  | $ | 6,115 |  |
Foreign |  |  | 247 |  |  |  |  | 308 |  |
Total |  | $ | 6,007 |  |  |  | $ | 6,423 |  |
Schedule of Net Provision for Income Taxes |
|  | FY 2016 |  |  | FY 2015 |
Current Tax Provision: |  |  |  |  |
Federal |  | $ | 1,367 |  |  |  | $ | 1,200 |  |
State |  |  | 202 |  |  |  |  | 311 |  |
Foreign |  |  | 174 |  |  |  |  | 107 |  |
|  |  | 1,743 |  |  |  |  | 1,618 |  |
Deferred Tax (Benefit) Provision: |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 266 |  |  |  | $ | 776 |  |
State |  |  | 85 |  |  |  |  | 64 |  |
Foreign |  |  | (211 | ) |  |  |  | (61 | ) |
|  |  | 140 |  |  |  |  | 779 |  |
Provision for Income Taxes |  | $ | 1,883 |  |  |  | $ | 2,397 |  |
Reconciliation of the Income Tax Provision |
|  | FY 2016 |  |  | FY 2015 |
Federal Income Tax at Statutory Rate |  | $ | 2,042 |  |  |  | $ | 2,184 |  |
State Income Taxes, net of federal benefit |  |  | 226 |  |  |  |  | 220 |  |
Federal, State & Foreign Research & Development Credits |  |  | (479 | ) |  |  |  | 0 |  |
Other, net |  |  | 94 |  |  |  |  | (7 | ) |
Total |  | $ | 1,883 |  |  |  | $ | 2,397 |  |
Schedule of Components of the Net Deferred Tax Assets (liabilities) |
|  | March 26, 2016 |  |  | March 28, 2015
Deferred Tax Assets: |  |  |  |  |
Accrued Liabilities |  | $ | 399 |  |  |  | $ | 384 |
Performance-Based Grants |  |  | 335 |  |  |  |  | 395 |
Inventory Reserves |  |  | 163 |  |  |  |  | 143 |
Non-Qualified Deferred Compensation Plan |  |  | 273 |  |  |  |  | 362 |
Post-retirement Health Care Plans |  |  | 387 |  |  |  |  | 385 |
Stock-Based Compensation |  |  | 808 |  |  |  |  | 810 |
Capitalized Inventory Costs |  |  | 117 |  |  |  |  | 112 |
Net Operating Loss Carryforward |  |  | 133 |  |  |  |  | - |
Other |  |  | 313 |  |  |  |  | 151 |
Total Deferred Tax Assets |  | $ | 2,928 |  |  |  | $ | 2,742 |
Deferred Tax Liabilities: |  |  |  |  |  |  |  |  |
Goodwill and Intangible Assets |  | $ | (1,865 | ) |  |  | $ | (1,754 | )
Depreciation |  |  | (2,127 | ) |  |  |  | (1,544 | )
Other |  |  | (7 | ) |  |  |  | (80 | )
Total Deferred Tax Liabilities |  |  | (3,999 | ) |  |  |  | (3,378 | )
Net Deferred Tax (Liabilities) Assets |  | $ | (1,071 | ) |  |  | $ | (636 | )

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32639-109319 + Details
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