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BUSINESS ACQUISITIONS (Tables)

6 Months Ended

Sep. 25, 2021

Business Acquisition [Line Items]

Schedule of Proforma Information

		(Unaudited)						(Unaudited)
		Quarter Ended						Six Months Ended
(in thousands except per share information)		September 25, 2021			September 26, 2020			September 25, 2021			September 26, 2020
Total Revenue		$	51,989		$	43,821		$	102,109		$	84,060
Net Income		$	3,342		$	2,891		$	7,360		$	3,237
Basic Earnings Per Share		$	0.45		$	0.39		$	0.98		$	0.44
Diluted Earnings Per Share		$	0.44		$	0.38		$	0.97		$	0.43

BioTek Services, Inc. [Member]

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation

The total purchase price for the assets of BioTek was approximately $3.5 million. $0.4 million of the purchase price has been put into escrow as a holdback for indemnification claims, if any. The following is a summary of the purchase price allocation, in the aggregate, to the fair value, based on Level 3 inputs, of BioTek’s assets and liabilities acquired during the period presented (in thousands):

Goodwill				$	1,063
Intangible Assets – Customer Base & Contracts					1,930
Intangible Assets – Covenant Not to Compete					100
					3,093
Plus:	Current Assets				406
	Non-Current Assets				8
Total Purchase Price				$	3,507

Upstate Metrology [Member]

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation

The total purchase price for the assets of Upstate Metrology was approximately $0.9 million. The following is a summary of the purchase price allocation, in the aggregate, to the fair value, based on Level 3 inputs, of Upstate Metrology’s assets and liabilities acquired on April 29, 2021 (in thousands):

Goodwill				$	483
Plus:	Current Assets				189
	Non-Current Assets				270
Less:	Current Liabilities				(11	)
Total Purchase Price				$	931

Nexa [Member]

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation

The purchase price allocation is subject to revision based upon our final review of intangible asset valuation assumptions, working capital adjustments and true-up of the fair value of the contingent consideration, assets acquired and liabilities assumed. The following is a summary of the preliminary purchase price allocation, in the aggregate, to the fair value, based on Level 3 inputs, of NEXA’s assets and liabilities acquired on August 31, 2021 (in thousands):

Goodwill				$	15,723
Intangible Assets – Customer Base & Contracts					5,600
Intangible Assets – Backlog					490
Intangible Assets – Covenant Not to Compete					600
					22,413
Plus:	Cash				3,732
	Accounts Receivable				2,434
	Non-Current Assets				38
Less:	Current Liabilities				(453	)
	Deferred Tax Liability				(1,706	)
Total Purchase Price				$	26,458

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Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

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