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BUSINESS ACQUISITIONS (Tables) | 3 Months Ended
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Jun. 25, 2022
BUSINESS ACQUISITIONS (Tables) [Line Items] |
Schedule of Pro Forma Information |
|  | (Unaudited) |
|  | Quarter Ended |
(in thousands except per share information) |  | June 25, 2022 |  |  | June 26, 2021 |
Total Revenue |  | $ | 55,014 |  |  | $ | 51,148 |
Net Income |  | $ | 3,081 |  |  | $ | 4,108 |
Basic Earnings Per Share |  | $ | 0.41 |  |  | $ | 0.55 |
Diluted Earnings Per Share |  | $ | 0.40 |  |  | $ | 0.54 |
Tangent [Member] |
BUSINESS ACQUISITIONS (Tables) [Line Items] |
Schedule of Purchase Price Allocation |
Goodwill |  | $ | 1,783 |
Intangible Assets – Customer Base & Contracts |  |  | 2,320 |
Intangible Assets – Covenant Not to Compete |  |  | 114 |
|  |  | 4,217 |
Plus: | Accounts Receivable |  |  | 343 |
| Property and Equipment |  |  | 170 |
Less: | Current Liabilities |  |  | (27 | )
Total Purchase Price |  | $ | 4,703 |
Goodwill |  | $ | 5,587 |
Intangible Assets – Customer Base & Contracts |  |  | 4,150 |
Intangible Assets – Covenant Not to Compete |  |  | 220 |
|  |  | 9,957 |
Plus: | Cash |  |  | 26 |
| Accounts Receivable |  |  | 187 |
| Other Current Assets |  |  | 16 |
Less: | Current Liabilities |  |  | (67 | )
| Deferred Tax Liability |  |  | (1,195 | )
Total Purchase Price |  | $ | 8,924 |
Goodwill |  | $ | 15,679 |
Intangible Assets – Customer Base & Contracts |  |  | 5,600 |
Intangible Assets – Backlog |  |  | 490 |
Intangible Assets – Covenant Not to Compete |  |  | 600 |
|  |  | 22,369 |
Plus: | Cash |  |  | 3,732 |
| Accounts Receivable |  |  | 2,434 |
| Non-Current Assets |  |  | 38 |
Less: | Current Liabilities |  |  | (572 | )
| Deferred Tax Liability |  |  | (1,769 | )
Total Purchase Price |  | $ | 26,232 |
Goodwill |  | $ | 483 |
Plus: | Current Assets |  |  | 189 |
| Non-Current Assets |  |  | 270 |
Less: | Current Liabilities |  |  | (11 | )
Total Purchase Price |  | $ | 931 |

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- Definition 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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