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GENERAL (Tables)
12 Months Ended
Mar. 27, 2021
Accounting Policies [Abstract]  
Schedule of Estimated Useful Lives

Years

Machinery, Equipment and Software

2 – 15

Rental Equipment

5 – 8

Furniture and Fixtures

3 – 10

Leasehold Improvements

2 – 10

Schedule of Goodwill and Intangible Assets

Intangible assets, namely customer base and covenants not to compete, represent an allocation of purchase price to identifiable intangible assets of an acquired business. The Company estimates the fair value of its reporting units using the fair market value measurement requirement. Intangible assets are evaluated for impairment when events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable. A summary of changes in the Company’s goodwill and intangible assets is as follows:

Goodwill

Intangible Assets

Distribution

Service

Total

Distribution

Service

Total

Net Book Value as of March 30, 2019

$

9,759

$

24,786

$

34,545

$

310

$

4,923

$

5,233

Additions

1,695

5,580

7,275

1,133

3,397

4,530

Amortization

-

-

-

(146

)

(1,619

)

(1,765

)

Currency Translation Adjustment

-

(280

)

(280

)

-

(21

)

(21

)

Net Book Value as of March 28, 2020

11,454

30,086

41,540

1,297

6,680

7,977

Additions

4

1,075

1,079

-

2,030

2,030

Amortization

-

-

-

(377

)

(2,161

)

(2,538

)

Currency Translation Adjustment

-

653

653

-

44

44

Net Book Value as of March 27, 2021

$

11,458

$

31,814

$

43,272

$

920

$

6,593

$

7,513

Schedule of Weighted Average Number of Shares

For each of fiscal years 2021 and 2020, the net additional common stock equivalents had a $0.02 per share effect on the calculation of dilutive earnings per share. The average shares outstanding used to compute basic and diluted earnings per share are as follows:

For the Fiscal Years Ended

March 27,

March 28,

2021

2020

Average Shares Outstanding – Basic

7,423

7,331

Effect of Dilutive Common Stock Equivalents

125

156

Average Shares Outstanding – Diluted

7,548

7,487

Anti-dilutive Common Stock Equivalents

-

15