 |
| FISCAL YEARS ENDED |
APRIL 1, 2001
|
MARCH 26, 2000
|
MARCH 28, 1999
|
MARCH 29, 1998
|
MARCH 28, 1997
|
|
| STATEMENT OF INCOME DATA |
|
|
|
|
|
|
|
|
|
|
| Revenues |
$
|
258,769,800
|
$
|
196,830,300
|
$
|
160,582,200
|
$
|
131,658,200
|
$
|
147,086,000
|
| Cost of goods sold |
|
188,271,200
|
|
142,523,000
|
|
118,535,300
|
|
95,858,800
|
|
109,817,800
|
|
| Gross profit |
|
70,498,600
|
|
54,307,300
|
|
42,046,900
|
|
35,799,400
|
|
37,268,200
|
|
| Selling, general and administrative expenses |
|
59,953,000
|
|
44,027,400
|
|
36,793,500
|
|
29,662,200
|
|
29,183,200
|
| Asset impairment and restructuring charge |
|
-
|
|
-
|
|
831,000
|
|
-
|
|
310,200
|
|
| Income from operations |
|
10,545,600
|
|
10,279,900
|
|
4,422,400
|
|
6,137,200
|
|
7,774,800
|
| Interest and other expense, net |
|
2,039,100
|
|
1,340,300
|
|
1,240,800
|
|
712,600
|
|
982,100
|
|
| Income before provision for income taxes |
|
8,506,500
|
|
8,939,600
|
|
3,181,600
|
|
5,424,600
|
|
6,792,700
|
| Provision for income taxes |
|
3,232,500
|
|
3,397,000
|
|
1,209,200
|
|
2,049,000
|
|
2,614,800
|
|
| Net income |
$
|
5,274,000
|
$
|
5,542,600
|
$
|
1,972,400
|
$
|
3,375,600
|
$
|
4,177,900
|
|
| Diluted earnings per share |
$
|
1.13
|
$
|
1.20
|
$
|
0.43
|
$
|
0.73
|
$
|
0.89
|
| Diluted weighted average shares outstanding |
|
4,682,600
|
|
4,599,500
|
|
4,600,100
|
|
4,610,300
|
|
4,703,800
|
|
| GROWTH RATES |
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
31.5%
|
|
22.6%
|
|
22.0%
|
|
(10.5%)
|
|
59.4%
|
| Gross profit |
|
29.8%
|
|
29.2%
|
|
17.5%
|
|
(3.9%)
|
|
59.8%
|
| Income from operations |
|
2.6%
|
|
132.5%
|
|
(27.9%)
|
|
(21.1%)
|
|
25.6%
|
| Net income |
|
(4.8%)
|
|
181.0%
|
|
(41.6%)
|
|
(19.2%)
|
|
3.4%
|
| Diluted earnings per share |
|
(5.8%)
|
|
179.1%
|
|
(41.1%)
|
|
(18.0%)
|
|
0.1%
|
|
RATIOS
Return on average shareholders' equity |
|
12.0%
|
|
14.5%
|
|
5.7%
|
|
10.8%
|
|
15.5%
|
| Average inventory turnover |
|
5.9
|
|
5.4
|
|
5.9
|
|
5.4
|
|
7.2
|
| Average accounts receivable turnover |
|
9.6
|
|
8.4
|
|
9.1
|
|
8.1
|
|
9.4
|
|
SELECTED OPERATING DATA
Average commercial buyers per month |
|
8,700
|
|
8,000
|
|
7,500
|
|
7,000
|
|
6,200
|
| Average consumer buyers per month |
|
15,600
|
|
14,100
|
|
12,200
|
|
3,700
|
|
1,700
|
| Total orders shipped |
|
760,000
|
|
645,000
|
|
426,500
|
|
302,000
|
|
255,400
|
| Revenues per employee |
$
|
493,800
|
$
|
507,300
|
$
|
462,100
|
$
|
454,000
|
$
|
584,000
|
|
BALANCE SHEET DATA
Working capital |
$
|
30,826,100
|
$
|
28,232,100
|
$
|
23,050,700
|
$
|
22,270,100
|
$
|
21,331,300
|
| Total assets |
|
87,413,500
|
|
84,443,100
|
|
63,062,400
|
|
59,926,900
|
|
50,915,300
|
| Short-term debt |
|
10,365,500
|
|
6,194,900
|
|
4,690,200
|
|
294,000
|
|
416,900
|
| Long-term debt |
|
6,441,200
|
|
6,795,800
|
|
7,128,700
|
|
7,441,400
|
|
7,637,900
|
| Shareholders' equity |
|
46,739,200
|
|
41,082,200
|
|
35,456,700
|
|
33,391,500
|
|
29,371,600
|
|
|
