XML 27 R5.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Thousands
Class C Convertible Preferred Stock [Member]
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Loss [Member]
Retained Earnings [Member]
Total
Balance beginning at Mar. 26, 2022 $ 29 $ 399 $ (108,729) $ 244,577 $ (4,494) $ 651,124 $ 782,906
Beginning balance, preferred shares at Mar. 26, 2022 20,000            
Beginning balance, treasury shares at Mar. 26, 2022     6,360,000        
Beginning balance, common shares at Mar. 26, 2022   39,907,000          
Net (loss) income           39,048 39,048
Other comprehensive income              
Pension liability adjustment         379   379
Dividends declared              
Preferred           (515) (515)
Common           (35,889) (35,889)
Dividend payable           (214) (214)
Repurchase of stock     $ (96,919)       (96,919)
Repurchase of stock, shares     2,201,000        
Stock options and restricted stock   $ 1   474     475
Stock options and restricted stock, shares   59,000          
Stock-based compensation       5,651     5,651
Balance ending at Mar. 25, 2023 $ 29 $ 400 $ (205,648) 250,702 (4,115) 653,554 694,922
Ending balance, preferred shares at Mar. 25, 2023 20,000            
Ending balance, treasury shares at Mar. 25, 2023     8,561,000        
Ending balance, common shares at Mar. 25, 2023   39,966,000          
Net (loss) income           37,571 37,571
Other comprehensive income              
Pension liability adjustment         664   664
Dividends declared              
Preferred           (1,141) (1,141)
Common           (34,364) (34,364)
Dividend payable           (192) (192)
Repurchase of stock [1]     $ (44,467)       (44,467)
Repurchase of stock, shares [1]     1,544,000        
Stock options and restricted stock       (526)     (526)
Stock options and restricted stock, shares   51,000          
Stock-based compensation       4,308     4,308
Balance ending at Mar. 30, 2024 $ 29 $ 400 $ (250,115) 254,484 (3,451) 655,428 $ 656,775
Ending balance, preferred shares at Mar. 30, 2024 20,000           19,664
Ending balance, treasury shares at Mar. 30, 2024     10,105,000       10,104,688
Ending balance, common shares at Mar. 30, 2024   40,017,000          
Net (loss) income           (5,182) $ (5,182)
Other comprehensive income              
Pension liability adjustment         30   30
Dividends declared              
Preferred           (1,349) (1,349)
Common           (33,533) (33,533)
Dividend payable           (305) $ (305)
Repurchase of stock, shares             0
Stock option and restricted stock   $ 1          
Stock options and restricted stock       (393)     $ (388)
Stock options and restricted stock, shares   51,000          
Stock-based compensation       4,713     4,713
Balance ending at Mar. 29, 2025 $ 29 $ 401 $ (250,111) $ 258,804 $ (3,421) $ 615,059 $ 620,761
Ending balance, preferred shares at Mar. 29, 2025 20,000           19,664
Ending balance, treasury shares at Mar. 29, 2025     10,105,000       10,104,688
Ending balance, common shares at Mar. 29, 2025   40,068,000          
[1] Inclusive of excise tax of $0.4 million for the year ended March 30, 2024. The excise tax is assessed at one percent of the fair value of net stock repurchased after December 31, 2022.