Significant accounting policies (Tables)

12 Months Ended

Mar. 26, 2022

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 earnings (loss) per common share for the years ended March 26, 2022, March 27, 2021, and March 28, 2020:


	Fiscal Year Ended
	March 26, 2022		March 27, 2021			March 28, 2020
	(In thousands, except per share data)
Basic income (loss) per common share computation:
Numerator:
Net income (loss)	$	1,287	$	(5,838	)	$	(12,779	)
Denominator:
Weighted-average common shares outstanding		18,346		18,005			17,968
Income (loss) per common share	$	0.07	$	(0.32	)	$	(0.71	)
Diluted (loss) income per common share computation:
Numerator:
Net income (loss)	$	1,287	$	(5,838	)	$	(12,779	)
Denominator:
Weighted-average common shares outstanding		18,346		18,005			17,968
Dilutive effect of stock options and warrants		448		—			—

Weighted-average common shares outstanding – diluted		18,794		18,005			17,968
Diluted income (loss) per common share	$	0.07	$	(0.32	)	$	(0.71	)

The following table sets forth the computation of basic and diluted earnings (loss) from continuing operations per common share for the years ended March 26, 2022, March 27, 2021, and March 28, 2020:


	Fiscal Year Ended
	March 26, 2022		March 27, 2021			March 28, 2020
	(In thousands, except per share data)
Basic income (loss) income from continuing operations per common share computation:
Numerator:
Net income (loss) income from continuing operations	$	1,287	$	(5,838	)	$	(12,227	)
Denominator:
Weighted-average common shares outstand	$	18,346		18,005			17,968
Income (loss) income from continuing operations per common share	$	0.07	$	(0.32	)	$	(0.68	)
Diluted income (loss) per common share computation:
Numerator:
Net income (loss) from continuing operations	$	1,287	$	(5,838	)	$	(12,227	)
Denominator:
Weighted-average common shares outstanding		18,346		18,005			17,968
Dilutive effect of stock options and warrants		448		—			—

Weighted-average common shares outstanding – diluted		18,794		18,005			17,968
Diluted income (loss) from continuing operations per common share	$	0.07	$	(0.32	)	$	(0.68	)