Annual Report Form 10-K
    
PART II
ITEM 8: CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY

 
COMMON STOCK  
ADDITIONAL
PAID-IN
CAPITAL
TREASURY
STOCK
RETAINED
EARNINGS
TOTAL
SHAREHOLDERS'
EQUITY
 
SHARES  
AMOUNT  
Balance at March 29, 1998  
4,408,348  
$46,700  
$20,241,800  
$ (2,843,500)
$15,946,500  
$33,391,500  
Net proceeds from exercise of  
  options in exchange for cash and  
  treasury stock  
29,773  
300  
353,600  
(264,100)
-  
89,800  
Tax benefit of option exercises  
-  
-  
3,000  
-  
-  
3,000  
Net income  
-  
-  
-  
-  
1,972,400  
1,972,400  
Balance at March 28, 1999  
4,438,121  
47,000  
20,598,400  
(3,107,600)
17,918,900  
35,456,700  
Net proceeds from exercise of  
  options in exchange for cash and  
  treasury stock  
25,964  
700  
677,600  
(603,000)
-  
75,300  
Tax benefit of option exercises  
-  
-  
7,600  
-  
-  
7,600  
Net income  
-  
-  
-  
-  
5,542,600  
5,542,600  
Balance at March 26, 2000  
4,464,085  
47,700  
21,283,600  
(3,710,600)
23,461,500  
41,082,200  
Net proceeds from exercise of  
  options in exchange for cash and  
  treasury stock  
31,192  
300  
414,000  
(82,000)
-  
332,300  
Tax benefit of option exercises  
-  
-  
50,700  
-  
-  
50,700  
Net income  
-  
-  
-  
-  
5,274,000  
5,274,000  
Balance at April 1, 2001  
4,495,277  
$48,000  
$21,748,300  
$ (3,792,600)
$28,735,500  
$46,739,200  
The accompanying Notes to the Consolidated Financial Statements are an integral part of these consolidated balance sheets.