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Significant accounting policies (Tables)
12 Months Ended
Mar. 29, 2014
Accounting Policies [Abstract]  
Estimated Useful Lives of Assets

Depreciation and amortization are computed using the straight-line method based on the estimated useful lives of the assets as follows:

 

Asset

  

Period

Buildings    Lesser of term of the lease or the economic life
Leasehold improvements    Lesser of term of the lease or the economic life
Software and electronic equipment    3 - 10 years
Molds    2 - 5 years
Furniture and fixtures    5 - 8 years
Equipment and vehicles    3 - 8 years
Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the years ended March 29, 2014, March 30, 2013 and March 31, 2012:

 

     Fiscal Year Ended  
     March 29, 2014     March 30, 2013      March 31, 2012  
     (In thousands, except per share data)  

Basic (loss) income per common share computation:

       

Numerator:

       

Net (loss) income

   $ (5,801   $ 1,513       $ 219   

Denominator:

       

Weighted-average common shares outstanding

     16,617        13,538         11,392   

(Loss) income per common share

   $ (0.35   $ 0.11       $ 0.02   

Diluted (loss) income per common share computation:

       

Numerator:

       

Net (loss) income

   $ (5,801   $ 1,513       $ 219   

Denominator:

       

Weighted-average common shares outstanding

     16,617        13,538         11,392   

Dilutive effect of stock options, warrants and stock appreciation rights (SARs)

     —          6         46   
  

 

 

   

 

 

    

 

 

 

Weighted-average common shares outstanding – diluted

     16,617        13,544         11,438   

Diluted (loss) income per common share

   $ (0.35   $ 0.11       $ 0.02