XML 41 R27.htm IDEA: XBRL DOCUMENT v3.23.1

Note 9 - Business Acquisitions (Tables)

12 Months Ended

Mar. 25, 2023

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Goodwill		$	820
Plus: Accounts Receivable			62
Total Purchase Price		$	882

Goodwill		$	1,123
Plus: Cash			10
Inventory			44
Total Purchase Price		$	1,177

Goodwill		$	1,367
Intangible Assets – Customer Base & Contracts			746
Intangible Assets – Covenant Not to Compete			396
			2,509
Plus: Accounts Receivable			361
Other Current Assets			24
Property and Equipment			326
Less: Current Liabilities			(121	)
Total Purchase Price		$	3,099

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		$	5,385
Intangible Assets – Customer Base & Contracts			4,150
Intangible Assets – Covenant Not to Compete			220
			9,755
Plus: Cash			26
Accounts Receivable			187
Other Current Assets			16
Property and Equipment			203
Less: Current Liabilities			(68	)
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

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

Business Acquisition, Pro Forma Information [Table Text Block]

		(Unaudited)
		Fiscal Year Ended
		March 25,				March 26,				March 27,
(in thousands except per share information)		2023				2022				2021
Total Revenue		$	233,098			$	217,000			$	189,730
Net Income		$	11,419			$	12,052			$	6,901
Basic Earnings Per Share		$	1.51			$	1.61			$	0.93
Diluted Earnings Per Share		$	1.49			$	1.59			$	0.91

X

- 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
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479328/805-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479328/805-10-50-2

+ Details

Name:	us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479907/805-20-50-1

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration