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INCOME TAXES (Tables)
12 Months Ended
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 )