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Note F - Accounts and Other Receivables, Net
 9 Months Ended
Dec. 28, 2014
Notes to Financial Statements  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
NOTE F – ACCOUNTS AND OTHER RECEIVABLES, NET
 
Accounts and other receivables, net, consist of the following (in thousands):
 
 
 
December 28,
 
  
March 30,
  
 
 
2014
 
  
2014
  
                 
Branded product sales
 
$
6,821
 
   $ 5,141  
Franchise and license royalties
 
 
2,153
 
     1,658  
Other
 
 
1,857
 
     1,457  
 
 
 
10,831
 
     8,256  
                 
Less: allowance for doubtful accounts
 
 
426
 
     433  
Accounts and other receivables, net
 
$
10,405
 
   $ 7,823  
 
Accounts receivable are due within 30 days and are stated at amounts due from Branded Product Program customers, franchisees, retail licensees and product manufacturers, net of an allowance for doubtful accounts. Accounts that are outstanding longer than the contractual payment terms are considered past due. The Company does not recognize franchise and license royalties that are not deemed to be realizable. The Company individually reviews each past due account and determines its allowance for doubtful accounts by considering a number of factors, including the length of time accounts receivable are past due, the Company’s previous loss history, the customer’s current and expected future ability to pay its obligation to the Company, the condition of the general economy and the industry as a whole. Based on management’s assessment, the Company provides for estimated uncollectable amounts through a charge to earnings. After the Company has used reasonable collection efforts it writes off accounts receivable through a charge to the allowance for doubtful accounts.
 
Changes in the Company’s allowance for doubtful accounts for the thirty-nine week period ended December 28, 2014 and the fiscal year ended March 30, 2014 are as follows (in thousands):    
 
 
 
December 28
,
2014
 
  
March 30,
2014
  
                 
Beginning balance
 
$
433
 
   $ 130  
Bad debt expense
 
 
7
 
     21  
Charges to other accounts
 
 
-
 
     320  
Accounts written off
 
 
(14
)
     (38 )
Ending balance
 
$
426
 
   $ 433