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Cash Dividend
6 Months Ended
Sep. 24, 2011
Cash dividends 
Cash Dividends [Text Block]

Note 6 Cash Dividend

 

       In May 2011, the Company's Board of Directors declared its intention to pay a regular quarterly cash dividend during fiscal year 2012 of $.08 per common share or common share equivalent to be paid beginning with the first quarter of fiscal year 2012. In July 2011, the Company's Board of Directors declared its intention to pay a regular quarterly cash dividend during the remainder of fiscal year 2012 of $.09 per common share or common share equivalent. However, the declaration of and any determination as to the payment of future dividends will be at the discretion of the Board of Directors and will depend on the Company's financial condition, results of operations, capital requirements, compliance with charter and credit facility restrictions, and such other factors as the Board of Directors deems relevant.