Significant accounting policies (Tables)

12 Months Ended

Mar. 27, 2021

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


Asset		Period
Leasehold improvements		Lesser of term of the lease or the economic life
Software and electronic equipment		1 - 6 years
Furniture and fixtures		5 - 8 years
Equipment		3 - 8 years

Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted (loss) earnings per common share for the years ended March 27, 2021, March 28, 2020, and March 30, 2019:


	Fiscal Year Ended
	March 27, 2021			March 28, 2020			March 30, 2019
	(In thousands, except per share data)
Basic (loss) income per common share computation:
Numerator:
Net (loss) income	$	(5,838	)	$	(12,779	)	$	(18,686	)
Denominator:
Weighted-average common shares outstanding		18,005			17,968			17,961

(Loss) income per common share	$	(0.32	)	$	(0.71	)	$	(1.04	)

Diluted (loss) income per common share computation:
Numerator:
Net (loss) income	$	(5,838	)	$	(12,779	)	$	(18,686	)
Denominator:
Weighted-average common shares outstanding		18,005			17,968			17,961
Dilutive effect of stock options and warrants		—			—			—

Weighted-average common shares outstanding – diluted		18,005			17,968			17,961

Diluted (loss) income per common share	$	(0.32	)	$	(0.71	)	$	(1.04	)

The following table sets forth the computation of basic and diluted (loss) earnings from continuing operations per common share for the years ended March 27, 2021, March 28, 2020, and March 30, 2019:


	Fiscal Year Ended
	March 27, 2021			March 28, 2020			March 30, 2019
	(In thousands, except per share data)
Basic (loss) from continuing operations per common share computation:
Numerator:
Net loss from continuing operations	$	(5,838	)	$	(12,227	)	$	(18,305	)
Denominator:
Weighted-average common shares outstanding		18,005			17,968			17,961

Loss from continuing operations per common share	$	(0.32	)	$	(0.68	)	$	(1.02	)
Diluted income per common share computation:
Numerator:
Net loss from continuing operations	$	(5,838	)	$	(12,227	)	$	(18,305	)
Denominator:
Weighted-average common shares outstanding		18,005			17,968			17,961
Dilutive effect of stock options and warrants		—			—			—

Weighted-average common shares outstanding – diluted		18,005			17,968			17,961

Diluted loss from continuing operations per common share	$	(0.32	)	$	(0.68	)	$	(1.02	)