Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Sep. 25, 2016	Nov. 04, 2016
Document Information [Line Items]
Entity Registrant Name	NATHANS FAMOUS INC
Entity Central Index Key	0000069733
Trading Symbol	nath
Current Fiscal Year End Date	--03-26
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		4,176,497
Document Type	10-Q
Document Period End Date	Sep. 25, 2016
Document Fiscal Year Focus	2017
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 25, 2016	Mar. 27, 2016
Deferred Franchise Fees [Member]
CURRENT LIABILITIES
Deferred revenue	$ 101	$ 137
Cash and cash equivalents	55,125	50,228
Accounts and other receivables, net	9,103	8,721
Inventories	507	687
Prepaid expenses and other current assets (Note G)	449	1,343
Total current assets	65,184	60,979
Property and equipment, net of accumulated depreciation of $7,887 and $7,190, respectively	8,923	9,013
Goodwill	95	95
Intangible asset	1,353	1,353
Other assets	94	109
Total assets	75,649	71,549
Accounts payable	4,167	4,887
Accrued expenses and other current liabilities (Note H)	5,991	6,176
Total current liabilities	10,259	11,200
Long-term debt, net of unamortized debt discounts and issuance costs of $4,123 and $4,734, respectively (Note M)	130,877	130,266
Other liabilities	1,639	1,706
Deferred income taxes	740	713
Total liabilities	143,515	143,885
COMMITMENTS AND CONTINGENCIES (Note N)
STOCKHOLDERS’ (DEFICIT)
Common stock, $.01 par value; 30,000,000 shares authorized; 9,299,428 and 9,274,066 shares issued; and 4,172,055 and 4,177,309 shares outstanding at September 25, 2016 and March 27, 2016, respectively	93	93
Additional paid-in capital	60,635	60,950
(Accumulated deficit)	(51,291)	(57,348)
Treasury stock, at cost, 5,127,373 and 5,096,757 shares at September 25, 2016 and March 27, 2016, respectively	(77,303)	(76,031)
Total stockholders’ (deficit)	(67,866)	(72,336)
Total liabilities and stockholders’ (deficit)	$ 75,649	$ 71,549

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 25, 2016	Mar. 27, 2016
Accumulated depreciation	$ 7,887	$ 7,190
Unamortized debt issuance costs	$ 4,123	$ 4,734
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	9,299,428	9,274,066
Common stock, shares outstanding (in shares)	4,172,055	4,177,309
Treasury stock, shares (in shares)	5,127,373	5,096,757

Consolidated Statements of Earnings (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 25, 2016	Sep. 27, 2015	Sep. 25, 2016	Sep. 27, 2015
REVENUES
Sales	$ 21,891	$ 23,973	$ 43,153	$ 46,864
License royalties	4,788	5,256	11,612	11,792
Franchise fees and royalties	1,334	1,390	2,664	2,617
Total revenues	28,013	30,619	57,429	61,273
COSTS AND EXPENSES
Cost of sales	15,489	17,660	30,947	35,766
Restaurant operating expenses	1,078	1,222	2,016	2,191
Depreciation and amortization	349	333	696	672
General and administrative expenses	3,066	2,978	6,915	6,602
Total costs and expenses	19,982	22,193	40,574	45,231
Income from operations	8,031	8,426	16,855	16,042
Interest expense	(3,663)	(3,709)	(7,339)	(7,418)
Interest income	36	47	36	52
Other income, net	21	25	43	51
Income before provision for income taxes	4,425	4,789	9,595	8,727
Provision for income taxes	1,918	1,942	3,538	3,570
Net income	$ 2,507	$ 2,847	$ 6,057	$ 5,157
Income per share:
Basic (in dollars per share)	$ 0.60	$ 0.64	$ 1.45	$ 1.14
Diluted (in dollars per share)	$ 0.60	$ 0.64	$ 1.44	$ 1.14
Weighted average shares used in computing income per share:
Basic (in shares)	4,172,000	4,432,000	4,169,000	4,508,000
Diluted (in shares)	4,207,000	4,449,000	4,199,000	4,535,000

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 25, 2016	Sep. 27, 2015	Sep. 25, 2016	Sep. 27, 2015
Net income	$ 2,507	$ 2,847	$ 6,057	$ 5,157
Other comprehensive loss, net of deferred income taxes:
Less: Reclassification adjustment for gains included in net income		42		47
Other comprehensive loss		(42)		(47)
Comprehensive income	$ 2,507	$ 2,805	$ 6,057	$ 5,110

Consolidated Statement of Stockholders' (Deficit) (Unaudited) - 6 months ended Sep. 25, 2016 - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Total
Balance (in shares) at Mar. 27, 2016	9,274,066			5,096,757
Balance at Mar. 27, 2016	$ 93,000	$ 60,950,000	$ (57,348,000)	$ (76,031,000)	$ (72,336,000)
Shares issued in connection with share-based compensation plans (in shares)	25,362
Shares issued in connection with share-based compensation plans		44,000			44,000
Withholding tax on net share settlement of share-based compensation plans		(705,000)			$ (705,000)
Repurchase of common stock (in shares)				30,616	30,616
Repurchase of common stock				$ (1,272,000)	$ (1,272,000)
Share-based compensation		346,000			346,000
Net income			6,057,000		6,057,000
Balance (in shares) at Sep. 25, 2016	9,299,428			5,127,373
Balance at Sep. 25, 2016	$ 93,000	$ 60,635,000	$ (51,291,000)	$ (77,303,000)	$ (67,866,000)

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Sep. 25, 2016	Sep. 27, 2015
Cash flows from operating activities:
Net income	$ 6,057	$ 5,157
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	696	672
Amortization of bond premium		64
Gain on sale of marketable equity securities		(26)
Amortization of debt discounts and issuance costs	611	593
Share-based compensation expense	346	376
Income tax benefit on stock option exercise	621
Provision for doubtful accounts	21	16
Deferred income taxes	27	(33)
Changes in operating assets and liabilities:
Accounts and other receivables, net	(403)	(901)
Inventories	180	37
Prepaid expenses and other current assets	894	4,158
Other assets	15	4
Accounts payable, accrued expenses and other current liabilities	(1,401)	(1,445)
Deferred franchise fees	(36)	31
Other liabilities	(67)	(73)
Net cash provided by operating activities	7,561	8,630
Cash flows from investing activities:
Proceeds from sales and maturities of available-for-sale securities		10,868
Purchase of property and equipment	(606)	(232)
Purchase of available-for-sale securities		(3,887)
Net cash (used in) provided by investing activities	(606)	6,749
Cash flows from financing activities:
Debt issuance costs		(60)
Income tax benefit on stock option exercises		65
Proceeds from exercise of stock options	44	44
Dividends paid upon vesting of restricted stock	(125)	(125)
Payments of withholding tax on net share settlement of share-based compensation plans	(705)	(59)
Repurchase of treasury stock	(1,272)	(7,214)
Net cash (used in) financing activities	(2,058)	(7,349)
Net increase in cash and cash equivalents	4,897	8,030
Cash and cash equivalents, beginning of period	50,228	51,393
Cash and cash equivalents, end of period	55,125	59,423
Cash paid (refunded) during the period for:
Interest Paid	6,750	6,938
Income taxes paid /(refunded)	$ 2,099	$ (1,023)

Note A - Basis of Presentation	6 Months Ended
Note A - Basis of Presentation	Sep. 25, 2016
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE A - BASIS OF PRESENTATION The accompanying consolidated financial statements of Nathan's Famous, Inc. and subsidiaries (collectively “Nathan’s,” the “Company,” “we,” “us” or “our”) as of and for the thirteen and twenty-six week periods ended September 25, 2016 and September 27, 2015 have been prepared in accordance with accounting principles generally accepted in the United States of America. The unaudited financial statements include all adjustments (consisting of normal recurring adjustments) which, in the opinion of management, are necessary for a fair presentation of financial condition, results of operations and cash flows for the periods presented. However, our results of operations are seasonal in nature, and the results of any interim period are not necessarily indicative of results for any other interim period or the full fiscal year. Certain information and footnote disclosures normally included in financial statements in accordance with accounting principles generally accepted in the United States of America have been omitted pursuant to the requirements of the Securities and Exchange Commission. Management believes that the disclosures included in the accompanying consolidated interim financial statements and footnotes are adequate to make the information not misleading, but should be read in conjunction with the consolidated financial statements and notes thereto included in Nathan’s Annual Report on Form 10-K for the fiscal year ended March 27, 2016. A summary of the Company’s significant accounting policies is identified in Note B of the Notes to Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 27, 2016. Except for the adoption discussed in Note B – share based payments to employees, there have been no changes to the Company’s significant accounting policies subsequent to March 27, 2016.

Note B - Adoption of New Accounting Pronouncements	6 Months Ended
Note B - Adoption of New Accounting Pronouncements	Sep. 25, 2016
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	NOTE B – ADOPTION OF NEW ACCOUNTING PRONOUNCEMENTS In March 2016, the Financial Accounting Standards Board (the “FASB”), issued new guidance which addresses how companies account for certain aspects of its share-based payments to employees. The update simplifies the accounting for the tax consequences. It also amends how excess tax benefits and a company’s payments to cover the tax bills for the shares’ recipients should be classified on the statement of cash flows related to share-based payments to employees. The amendments allow companies to estimate the number of stock awards they expect to vest, and the amendments revised the withholding requirements for classifying stock awards as equity. Previously, tax withholding was permitted only at the minimum statutory tax rates, which is being amended to permit higher income tax withholding as long as it does not exceed the maximum statutory tax rate for an employee in the applicable jurisdictions. This new standard will be effective for public companies with fiscal years beginning after December 15, 2016 which will be Nathan’s first quarter ending (June 2017) of our fiscal year ending on March 25, 2018. However, early adoption is permitted. The Company elected to early adopt this standard in the quarter ended June 26, 2016. The impact of the early adoption resulted in the Company recording a tax benefit of $621,000 within income tax expense for the thirteen weeks ended June 26, 2016 related to the excess tax benefit on stock incentive awards that settled during the quarter. Prior to adoption of this guidance, this amount would have increased additional paid-in capital. These items shall not be factored into the projected annual income tax rate, but will be treated as discrete items when they occur. Accordingly, this new treatment will add additional volatility in the Company’s effective tax rate. The excess tax benefits for the twenty-six weeks ended September 27, 2015 were $65,000 which increased additional paid-in-capital. The Company accounts for forfeitures as they occur. Under the new guidance, excess tax benefits related to employee share-based payments are classified as operating activities in the statement of cash flows for the twenty-six weeks ended September 25, 2016 of $621,000. The Company applied the effect of the guidance to the presentation of excess tax benefits in the statement of cash flows prospectively and no prior periods have been adjusted. The Company did not record any cumulative-effect adjustment to accumulated deficit or net assets as a result of adopting this new accounting standard. The Company also modified its diluted earnings per share calculation by excluding the excess tax benefits from the assumed proceeds available to repurchase shares in the computation of our diluted earnings per share for the thirteen and twenty-six weeks ended September 25, 2016.

- Definition

The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
-Glossary Direct Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=66092750

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-Name Accounting Standards Codification
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+ Details

Note C - New Accounting Pronouncements Not yet Adopted	6 Months Ended
Note C - New Accounting Pronouncements Not yet Adopted	Sep. 25, 2016
Notes to Financial Statements
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	NOTE C – NEW ACCOUNTING PRONOUNCEMENTS NOT YET ADOPTED In May 2014, the FASB issued a new accounting standard that attempts to establish a uniform basis for recording income to virtually all industries financial statements, under U.S. GAAP as amended in March 2016 and April 2016. The FASB issued two updates to the standard clarifying reporting revenue between Principle versus Agent and clarification in determining performance obligations and licenses guidance. The revenue standard’s core principle is built on the contract between a vendor and a customer for the provision of goods and services. It attempts to depict the exchange of rights and obligations between the parties in the pattern of revenue recognition based on the consideration to which the vendor is entitled. In order to accomplish this objective, companies must evaluate the following five basic steps: (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) the entity satisfies a performance obligation. There are three basic transition methods that are available – full retrospective, retrospective with certain practical expedients, and a cumulative effect approach. Under the third alternative, an entity would apply the new revenue standard only to contracts that are incomplete under legacy U.S. guidance at the date of initial application and recognize the cumulative effect of the new standard as an adjustment to the opening balance of retained earnings. Prior years would not be restated and additional disclosures would be required to enable users of the financial statements to understand the impact of adopting the new standard in the current year compared to prior years that are presented under legacy U.S. guidance. Early adoption is prohibited. Public companies were originally expected to apply the new standard for annual periods beginning after December 15, 2016, including interim periods therein, which for Nathan’s would have been its first quarter of fiscal 2018, beginning on March 27, 2017. On May 12, 2015, the FASB issued a second proposed update to the standard clarifying the distinction between revenue from licenses of intellectual property that represent a promise to deliver a good or service over time versus a promise to be satisfied at a point in time. On July 9, 2015, the FASB agreed to delay the standard’s effective date to annual reporting periods beginning after December 15, 2017 which will now be our first quarter (June 2018) of our fiscal year ending March 31, 2019. The Company is currently evaluating the impact of this new accounting standard on its consolidated financial position and results of operations. The Company does not believe that the standard will impact its recognition of revenue for its Branded Product Program, Company-operated restaurants or its recognition of royalties from its franchised restaurants or retail licenses, which are based on a percentage of sales. The Company is continuing to evaluate the impact the adoption of this standard will have on the recognition of fees received from international development fees from the sales of exclusive territorial rights, initial fees from franchises for new restaurant openings or extended franchise terms. In August 2014, the FASB issued new guidance that requires management to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued. If such conditions exist, management will be required to include disclosures enabling users to understand those conditions and management’s plans to alleviate or mitigate those conditions. This new standard is effective for annual periods ending after December 15, 2016 and interim periods within annual periods beginning after December 16, 2016. This standard will take effect in Nathan’s fourth quarter of our fiscal year ending March 26, 2017. Nathan’s does not expect the adoption of this new guidance to have a material impact on its results of operations or financial position. In July 2015, the FASB updated U.S. accounting guidance to simplify the ways businesses measure inventory. Companies that use the first-in, first-out (FIFO) method or the average cost method will measure inventory at the lower of its cost or net realizable value. Net realizable value is the estimated selling price in the normal course of business, minus the cost of completion, disposal, and transportation. Companies will no longer consider replacement cost or net realizable value less a normal profit margin when measuring inventory. This new standard is effective for annual reporting periods beginning after December 15, 2016 which will be our first quarter (June 2017) of our fiscal year ending March 25, 2018. Nathan’s does not expect the adoption of this new guidance to have a material impact on its results of operations or financial position. In February 2016, the FASB issued a new accounting standard on leases. The new standard, among other changes, will require lessees to recognize a right-of-use asset and a lease liability on the balance sheet for all leases. The lease liability will be measured at the present value of the lease payments over the lease term. The right-of-use asset will be measured at the lease liability amount, adjusted for lease prepayments, lease incentives received and the lessee’s initial direct costs (e.g. commissions). The new standard is effective for annual reporting periods beginning after December 15, 2018, including interim reporting periods within those annual reporting periods. This standard is required to take effect in Nathan’s first quarter ending (June 2019) of our fiscal year ending March 29, 2020. The adoption will require a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest period presented. The Company is currently evaluating the impact of this new accounting standard on its consolidated financial position and results of operations. The Company does not believe that any other recently issued, but not yet effective accounting standards, when adopted, will have a material effect on the accompanying financial statements.

Note D - Income Per Share

6 Months Ended

Sep. 25, 2016

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE D – INCOME PER SHARE

Basic income per common share is calculated by dividing income by the weighted-average number of common shares outstanding and excludes any dilutive effect of stock options. Diluted income per common share gives effect to all potentially dilutive common shares that were outstanding during the period. Dilutive common shares used in the computation of diluted income per common share results from the assumed exercise of stock options and warrants, as determined using the treasury stock method.

The following chart provides a reconciliation of information used in calculating the per-share amounts for the thirteen and twenty-six week periods ended September 25, 2016 and September 27, 2015, respectively.

Thirteen weeks
									Net Income
	Net Income				Number of Shares				Per Share
	2016		2015		2016		2015		2016		2015
	(in thousands)				(in thousands)
Basic EPS
Basic calculation	$	2,507	$	2,847		4,172		4,432	$	0.60	$	0.64
Effect of dilutive employee stock options		-		-		35		17		-		-
Diluted EPS
Diluted calculation	$	2,507	$	2,847		4,207		4,449	$	0.60	$	0.64

Twenty-six weeks
									Net Income
	Net Income				Number of Shares				Per Share
	2016		2015		2016		2015		2016			2015
	(in thousands)				(in thousands)
Basic EPS
Basic calculation	$	6,057	$	5,157		4,169		4,508	$	1.45		$	1.14
Effect of dilutive employee stock options		-		-		30		27	$	(0.01	)		-
Diluted EPS
Diluted calculation	$	6,057	$	5,157		4,199		4,535	$	1.44		$	1.14

Options to purchase 75,745 shares of common stock in the twenty-six week period ended September 27, 2015 were not included in the computation of diluted EPS because the exercise price exceeded the average market price of common shares during the period.

Note E - Fair Value Measurements	6 Months Ended
Note E - Fair Value Measurements	Sep. 25, 2016
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE E – FAIR VALUE MEASUREMENTS Nathan’s follows a three-level fair value hierarchy that prioritizes the inputs to measure fair value. This hierarchy requires entities to maximize the use of “observable inputs” and minimize the use of “unobservable inputs.” The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability on the measurement date. The three levels are defined as follows: ● Level 1 - inputs to the valuation methodology are quoted prices (unadjusted) for an identical asset or liability in an active market ● Level 2 - inputs to the valuation methodology include quoted prices for a similar asset or liability in an active market or model-derived valuations in which all significant inputs are observable for substantially the full term of the asset or liability ● Level 3 - inputs to the valuation methodology are unobservable and significant to the fair value measurement of the asset or liability At September 25, 2016 and March 27, 2016, we did not have any marketable securities that were valued at fair value. The Company’s long-term debt had a carrying value of $135,000,000 as of September 25, 2016 and a fair value of $148,162,000 as of September 25, 2016. The Company estimates the fair value of its long-term debt based upon review of observable pricing in secondary markets as of the last trading day of the fiscal period. Accordingly, the Company classifies its long-term debt as Level 2. The carrying amounts of cash equivalents, accounts receivable and accounts payable approximate fair value due to the short-term maturity of the instruments. Certain non-financial assets and liabilities are measured at fair value on a non-recurring basis; that is, the assets and liabilities are not measured at fair value on an ongoing basis, but are subject to fair value adjustments in certain circumstances, such as when evidence of impairment exists. At September 25, 2016, no fair value adjustment or material fair value measurements were required for non-financial assets or liabilities.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Note F - Accounts and Other Receivables, Net

6 Months Ended

Sep. 25, 2016

Notes to Financial Statements

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

NOTE F – ACCOUNTS AND OTHER RECEIVABLES, NET

Accounts and other receivables, net, consist of the following (in thousands):

	September 25 ,		March 27,
	2016		2016

Branded product sales	$	5,775	$	5,689
Franchise and license royalties		2,396		2,592
Other		1,419		911
		9,590		9,192

Less: allowance for doubtful accounts		487		471
Accounts and other receivables, net	$	9,103	$	8,721

Accounts receivable are due within 30 days and are stated at amounts due from franchisees, retail licensees and Branded Product Program customers, net of an allowance for doubtful accounts. Accounts that are outstanding longer than the contractual payment terms are generally considered past due. The Company does not recognize franchise and license royalties that are not deemed to be realizable.

The Company individually reviews each past due account and determines its allowance for doubtful accounts by considering a number of factors, including the length of time accounts receivable are past due, the Company’s previous loss history, the customer’s current and expected future ability to pay its obligation to the Company, the condition of the general economy and the industry as a whole. Based on management’s assessment, the Company provides for estimated uncollectible amounts through a charge to earnings. After the Company has used reasonable collection efforts it writes off accounts receivable through a charge to the allowance for doubtful accounts.

Changes in the Company’s allowance for doubtful accounts for the twenty-six week period ended September 25, 2016 and the fiscal year ended March 27, 2016 are as follows (in thousands):

	September 25 , 2016			March 27, 2016

Beginning balance	$	471		$	443
Bad debt expense		21			38
Accounts written off		(5	)		(10	)
Ending balance	$	487		$	471

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Note H - Accrued Expenses, Other Current Liabilities and Other Liabilities

6 Months Ended

Sep. 25, 2016

Notes to Financial Statements

Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]

NOTE H – ACCRUED EXPENSES, OTHER CURRENT LIABILITIES AND OTHER LIABILITIES

Accrued expenses and other current liabilities consist of the following (in thousands):

	September 25 ,		March 27,
	2016		2016
Payroll and other benefits	$	1,624	$	2,919
Income taxes		1,424		82
Accrued rebates		1,132		940
Rent and occupancy costs		213		218
Deferred revenue		221		679
Construction costs		100		183
Interest		485		507
Professional fees		58		101
Dividend payable		375		375
Other		359		172
	$	5,991	$	6,176

Other liabilities consist of the following (in thousands):

	September 25,		March 27,
	2016		2016
Deferred development fees	$	211	$	129
Reserve for uncertain tax positions		449		427
Deferred rental liability		847		893
Dividend payable		125		250
Other		7		7
	$	1,639	$	1,706

Note J - Income Taxes	6 Months Ended
Note J - Income Taxes	Sep. 25, 2016
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE J – INCOME TAXES The income tax provisions for the twenty-six week periods ended September 25, 2016 and September 27, 2015 reflect effective tax rates of 36.9% and 40.9%, respectively. Nathan’s effective tax rate was reduced by 6.4% during the fiscal 2017 period as a result of a discrete tax benefit associated with stock compensation guidance from FASB that was recently adopted by the Company. This favorable tax benefit was partially offset by an estimated unfavorable discrete adjustment of a prior years’ tax position which increased Nathan’s effective tax rate during the fiscal 2017 period by 1.2%. During the fiscal 2016 period, the Company’s tax rate was negatively affected by 1.0% due to lost interest deductions arising from its investments in municipal securities. The Company’s tax rate was favorably affected by 0.2% and 0.1% during the fiscal 2016 period, due to the settlement of an uncertain tax position and effects of tax-exempt interest income, respectively. For the twenty-six week period ended September 25, 2016, excess tax benefits of $621,000 associated with stock compensation were reflected in the Consolidated Statements of Earnings as a component of the provision for income taxes as a result of the early adoption of guidance addressing how companies account for certain aspects of its share-based payments to employees. Please refer to Note B for more details regarding the adoption. In June 2016, Nathan’s received notification from the Internal Revenue Service that it is seeking to review Nathan’s federal tax return for the period April 1, 2014 through March 31, 2015. The income tax examination is still ongoing. While it is difficult to predict the final outcome or the timing of resolution of any particular tax matter. Nathan’s believes its liability for unrecognized tax benefits is adequate. The amount of unrecognized tax benefits at September 25, 2016 was $223,000, all of which would impact Nathan’s effective tax rate, if recognized. As of September 25, 2016, Nathan’s had $221,000 of accrued interest and penalties in connection with unrecognized tax benefits. During the fiscal year ending March 26, 2017, Nathan’s will seek to settle additional uncertain tax positions with the tax authorities. As a result, it is reasonably possible the amount of unrecognized tax benefits, excluding the related accrued interest and penalties, could be reduced by up to $31,000, which would favorably impact Nathan’s effective tax rate, although no assurances can be given in this regard. Nathan’s estimates that its annual effective tax rate for the fiscal year ending March 26, 2017 will be in the range of approximately 42.0% to 44.0%, excluding the impact of the excess tax benefit associated with stock compensation and the potential impact of any reduction to the Company’s unrecognized tax benefits and related accrued interest and penalties . The final annual effective tax rate is subject to many variables, including the ultimate determination of revenue and income tax provision by state and local tax jurisdiction , among other factors, and therefore cannot be determined until the end of the fiscal year; therefore, the actual effective tax rate could differ from our current estimates.

Note K - Share-based Compensation

6 Months Ended

Sep. 25, 2016

Notes to Financial Statements

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

NOTE K – SHARE-BASED COMPENSATION

Total share-based compensation during the thirteen-week periods ended September 25, 2016 and September 27, 2015 was $173,000 and $173,000, respectively. Total share-based compensation during the twenty-six week periods ended September 25, 2016 and September 27, 2015 was $346,000 and $376,000, respectively. Total share-based compensation is included in general and administrative expense in our accompanying Consolidated Statements of Earnings. As of September 25, 2016, there was $735,000 of unamortized compensation expense related to share-based incentive awards. We expect to recognize this expense over approximately

one year and seven months, which represents the weighted average remaining requisite service periods for such awards.

There were no new share-based awards granted during the twenty-six week period ended September 25, 2016.

The Company recognizes compensation cost for unvested stock-based incentive awards on a straight-line basis over the requisite service period. Compensation cost charged to expense under all stock-based incentive awards is as follows (in thousands):

	Thirteen weeks ended				Twenty-six weeks ended
	September 25, 2016		September 27, 2015		September 25, 2016		September 27, 2015

Stock options	$	38	$	38	$	76	$	106
Restricted stock		135		135		270		270
Total compensation cost	$	173	$	173	$	346	$	376

Stock options outstanding:

During the fiscal year ended March 29, 2015, the Company granted options to purchase 50,000 shares at an exercise price of $53.89 per share, all of which expire five years from the date of grant.

In connection with the Company’s special cash dividend, which was paid on March 27, 2015, to stockholders of record as of March 20, 2015, the Company performed an analysis, pursuant to the anti-dilution provisions of the Company’s 2010 Stock Incentive Plan, and issued 75,745 replacement options at an exercise price of $35.576 for the unvested stock options that were outstanding as of March 29, 2015. Nathan’s performed its evaluation based on the closing price of its common stock on Friday, March 27, 2015 of $73.56 per share, or $48.56 per share excluding the dividend of $25.00 per share. No other terms or conditions of the outstanding options were modified. The anti-dilution provisions of the original award were structured to equalize the award’s fair value before and after the modification.

All such stock options vest ratably over a four-year period commencing August 6, 2015.

Transactions with respect to stock options for the twenty-six weeks ended September 25, 2016 are as follows:

				Weighted-		Weighted-		Aggregate
				Average		Average		Intrinsic
				Exercise		Remaining		Value
	Shares			Price		Contractual Life		(in thousands)


Options outstanding at the beginning of the fiscal year (A)		124,030		$	26.29		2.13	$	1,952

Granted		-			-		-		-

Expired		-			-		-		-

Exercised		(48,285	)	$	11.72		-		1,555

Options outstanding at September 25, 2016		75,745		$	35.58		2.86	$	1,196

Options exercisable at September 25, 2016		37,873		$	35.58		2.86	$	598

A-

Represents outstanding options after giving effect to the replacement options issued in connection with the Company’s special dividend.

Restricted stock:

Transactions with respect to restricted stock for the twenty-six weeks ended September 25, 2016 are as follows:

				Weighted-
				Average
				Grant-date Fair value
	Shares			Per share
Unvested restricted stock at March 27, 2016		25,000		$	41.59

Granted		-			-
Vested		(5,000	)	$	49.80

Unvested restricted stock at September 25, 2016		20,000		$	39.54

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details

Note L - Stockholders' Equity	6 Months Ended
Note L - Stockholders' Equity	Sep. 25, 2016
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE L – STOCKHOLDERS’ EQUITY 1. Dividend On March 10, 2015, the Company’s Board of Directors declared a special cash dividend of $25.00 per share payable to stockholders of record as of March 20, 2015 of which approximately $115,100,000 was paid on March 27, 2015 to the stockholders. The Company also accrued $1,000,000 for the expected dividends payable on unvested restricted shares pursuant to the terms of the restricted stock agreements. As unvested restricted stock vests, the declared dividend will be paid. We have paid $500,000 of the accrued dividend and estimate that an additional $250,000 will also be paid during the remainder of the current fiscal year. 2 . Common Stock Purchase Rights On June 5, 2013, Nathan’s adopted a new stockholder rights plan (the “2013 Rights Plan”) under which all stockholders of record as of June 17, 2013 received rights to purchase shares of common stock (the “2013 Rights”) and the previously existing “New Rights Plan” was terminated. The 2013 Rights were distributed as a dividend. Initially, the 2013 Rights will attach to, and trade with, the Company’s common stock. Subject to the terms, conditions and limitations of the 2013 Rights Plan, the 2013 Rights will become exercisable if (among other things) a person or group acquires 15% or more of the Company’s common stock. Upon such an event and payment of the purchase price of $100.00 (the “2013 Right Purchase Price”), each 2013 Right (except those held by the acquiring person or group) will entitle the holder to acquire one share of the Company’s common stock (or the economic equivalent thereof) or, if the then-current market price is less than the then current 2013 Right Purchase Price, a number of shares of the Company’s common stock which at the time of the transaction has a market value equal to the then current 2013 Right Purchase Price at a purchase price per share equal to the then current market price of the Company’s Common Stock. The Company’s Board of Directors may redeem the 2013 Rights prior to the time they are triggered. Upon adoption of the 2013 Rights Plan, the Company initially reserved 10,188,600 shares of common stock for issuance upon exercise of the 2013 Rights. The 2013 Rights will expire on June 17, 2018 unless earlier redeemed or exchanged by the Company. At September 25, 2016, the Company has reserved 8,743,426 shares of common stock for issuance upon exercise of the Common Stock Purchase Rights approved by the Board of Directors on June 5, 2013. 3. Stock Repurchase Programs During the period from October 2001 through September 25, 2016, Nathan’s purchased a total of 5,127,373 shares of its common stock at a cost of approximately $77,303,000 pursuant to various stock repurchase plans previously authorized by the Board of Directors. During the twenty-six week period ended September 25, 2016, we repurchased 30,616 shares of common stock at a cost of $1,272,000. On March 11, 2016, the Company and Mutual Securities, Inc. (“MSI”) entered into an agreement pursuant to which MSI was authorized on the Company’s behalf to purchase up to 175,000 shares of the Company’s common stock, commencing March 21, 2016. This Agreement was adopted under the safe harbor provided by Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, as amended, in order to assist the Company in implementing its stock purchase plans and terminated in August 2016. On September 9, 2016, the Company and MSI entered into an agreement pursuant to which MSI was authorized on the Company’s behalf to purchase up to 100,000 shares of the Company’s common stock, commencing September 19, 2016. This Agreement was adopted under the safe harbor provided by Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, as amended, to assist the Company in implementing its stock purchase plans. As of September 25, 2016, an aggregate of 260,258 shares can still be purchased under Nathan’s existing stock buy-back program. Purchases may be made from time to time, depending on market conditions, in open market or privately-negotiated transactions, at prices deemed appropriate by management. There is no set time limit on the repurchases to be made under these stock-repurchase plans.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 4.E)
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-Name Accounting Standards Codification
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-Section 50
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-Name Accounting Standards Codification
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6521494

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-Name Accounting Standards Codification
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+ Details

Note M - Long-term Debt

6 Months Ended

Sep. 25, 2016

Notes to Financial Statements

Debt Disclosure [Text Block]

NOTE M – LONG-TERM DEBT

Long-term debt consists of the following (in thousands):

	September 25 ,			March 27,
	2016			2016

10.000% Senior secured notes due 2020	$	135,000		$	135,000
Less: unamortized debt discounts and issuance costs		(4,123	)		(4,734	)
	$	130,877		$	130,266

On March 10, 2015, the Company completed the issuance of $135,000,000 of 10.000% Senior Secured Notes due 2020 (“the Notes”)

in a Rule 144A transaction. The Notes were issued pursuant to an indenture, dated March 10, 2015 (the “Indenture”), by and among the

Company, certain of its wholly-owned subsidiaries, as guarantors, and U.S. Bank National Association, a national banking association,

as trustee and collateral trustee. The Company used the proceeds to pay a special cash dividend of approximately $116,100,000 (see

Note L) with the remaining net proceeds for general corporate purposes, including working capital. Debt discounts and issuance costs

of approximately $5,985,000 were incurred, which will be amortized into interest expense over the remaining 5-year term of the Notes.

The Notes bear interest at 10.000% per annum, payable semi-annually on March 15

and September 15

. An interest payment of $6,750,000 was paid on September 15, 2016.

The Notes have no scheduled principal amortization payments prior to its final maturity on March 10, 2020.

There are no financial maintenance covenants associated with the Notes. As of September 25, 2016, Nathan’s was in compliance with

all covenants associated with the Notes.

The Indenture contains certain covenants limiting the Company’s ability and the ability of its restricted subsidiaries (as defined in the

Indenture) to, subject to certain exceptions and qualifications: (i) incur additional indebtedness; (ii) pay dividends or make other

distributions on, redeem or repurchase, capital stock; (iii) make investments or other restricted payments; (iv) create or incur certain

liens; (v) incur restrictions on the payment of dividends or other distributions from its restricted subsidiaries; (vi) enter into certain

transactions with affiliates; (vii) sell assets; or (viii) effect a consolidation or merger. Certain Restricted Payments which may be made

or indebtedness incurred by Nathan’s or its Restricted Subsidiaries may require compliance with the following financial ratios:

Fixed Charge Coverage Ratio

: the ratio of the Consolidated Cash Flow to the Fixed Charges for the relevant period, currently set at 2.0 to 1.0 in the Indenture.

The Fixed Charge Coverage Ratio applies to determining whether additional Restricted Payments may be made, certain additional debt may be incurred and acquisitions may be made.

Priority Secured Leverage Ratio

: the ratio of (a) Consolidated Net Debt outstanding as of such date that is secured by a Priority Lien to (b) Consolidated Cash Flow of Nathan’s for the Test Period then most recently ended, in each case with such pro forma adjustments as are appropriate; currently set at 0.40 to 1.00 in the Indenture.

Secured Leverage Ratio

: the ratio of (a) Consolidated Net Debt outstanding as of such date that is secured by a Lien on any property of Nathan’s or any Guarantor to (b) Consolidated Cash Flow of Nathan’s for the Test Period then most recently ended, in each case with such pro forma adjustments as are appropriate. The Secured Leverage Ratio under the Indenture is 3.75 to 1.00 and applies if Nathan’s wants to incur additional debt on the same terms as the Notes.

The Indenture also contains customary events of default, including, among other things, failure to pay interest, failure to comply with agreements related to the Indenture, failure to pay at maturity or acceleration of other indebtedness, failure to pay certain judgments, and certain events of insolvency or bankruptcy. Generally, if any event of default occurs, the Trustee or the holders of at least 25% in principal amount of the Notes may declare the Notes due and payable by providing notice to the Company. In case of default arising from certain events of bankruptcy or insolvency, the Notes will become immediately due and payable.

The Notes are general senior secured obligations, are fully and unconditionally guaranteed by substantially all of the Company’s wholly-owned subsidiaries and rank

pari passu

in right of payment with all of the Company’s existing and future indebtedness that is not subordinated, are senior in right of payment to any of the Company’s existing and future subordinated indebtedness, are structurally subordinated to any existing and future indebtedness and other liabilities of the Company’s subsidiaries that do not guarantee the Notes, and are effectively junior to all existing and future indebtedness that is secured by assets other than the collateral securing the Notes.

Pursuant to the terms of a collateral trust agreement, the liens securing the Notes and the guarantees will be contractually subordinated to the liens securing any future credit facility.

The Notes and the guarantees will be the Company and the guarantors’ senior secured obligations and will rank:

●	senior in right of payment to all of the Company and the guarantors’ future subordinated indebtedness;

●	effectively senior to all unsecured senior indebtedness to the extent of the value of the collateral securing the Notes and the guarantees;

●	pari passu with all of the Company and the guarantors’ other senior indebtedness;

●	effectively junior to any future credit facility to the extent of the value of the collateral securing any future credit facility and the Notes and the guarantees and certain other assets;

●	effectively junior to any of the Company and the guarantors’ existing and future indebtedness that is secured by assets other than the collateral securing the Notes and the guarantees to the extent of the value of any such assets; and

●	structurally subordinated to the indebtedness of any of the Company’s current and future subsidiaries that do not guarantee the Notes.

The Company may redeem the Notes in whole or in part prior to September 15, 2017, at a redemption price of 100% of the principal amount of the Notes plus the Applicable Premium, plus accrued and unpaid interest. An Applicable Premium is the greater of 1% of the principal amount of the Notes; or the excess of the present value at such redemption date of (i) the redemption price of the Notes at September 15, 2017 plus (ii) all required interest payments due on the Notes through September 15, 2017 (excluding accrued but unpaid interest to the redemption date), computed using a discount rate equal to the Treasury Rate as of such redemption date plus 50 basis points; over the then outstanding principal amount of the Notes.

Prior to September 15, 2017, if using the net cash proceeds of certain equity offerings, the Company has the option to redeem up to 35% of the aggregate principal amount of the Notes at a redemption price equal to 110% of the principal amount of the Notes redeemed, plus accrued and unpaid interest and any additional interest.

On or after September 15, 2017, the Company may redeem some or all of the Notes at a decreasing premium over time, plus accrued and unpaid interest as follows:

			PERCENTAGE
YEAR
On or after September 15, 2017 and prior to March 15, 2018			105.000%
On or after March 15, 2018 and prior to March 15, 2019			102.500%
On or after March 15, 2019			100.000%

In certain circumstances involving a change of control, the Company will be required to make an offer to repurchase all or, at the holder’s option, any part, of each holder’s Notes pursuant to the offer described below (the “Change of Control Offer”). In the Change of Control Offer, the Company will be required to offer payment in cash equal to 101% of the aggregate principal amount of Notes repurchased plus accrued and unpaid interest, to the date of purchase.

If the Company sells certain assets and does not use the net proceeds as required, the Company will be required to use such net proceeds to repurchase the Notes at 100% of the principal amount thereof, plus accrued and unpaid interest and additional interest penalty, if any, to the date of repurchase.

The Notes may be traded between qualified institutional buyers pursuant to Rule 144A of the Securities Act of 1933. We have recorded the Notes at cost.

Note N - Commitments and Contingencies	6 Months Ended
Note N - Commitments and Contingencies	Sep. 25, 2016
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE N – COMMITMENTS AND CONTINGENCIES 1. Contingencies The Company and its subsidiaries are from time to time involved in ordinary and routine litigation. Management presently believes that the ultimate outcome of these proceedings, individually or in the aggregate, will not have a material adverse effect on the Company’s financial position, cash flows or results of operations. Nevertheless, litigation is subject to inherent uncertainties and unfavorable rulings could occur. An unfavorable ruling could include money damages and, in such event, could result in a material adverse impact on the Company’s results of operations for the period in which the ruling occurs.

Note D - Income Per Share (Tables)

6 Months Ended

Sep. 25, 2016

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Thirteen weeks
									Net Income
	Net Income				Number of Shares				Per Share
	2016		2015		2016		2015		2016		2015
	(in thousands)				(in thousands)
Basic EPS
Basic calculation	$	2,507	$	2,847		4,172		4,432	$	0.60	$	0.64
Effect of dilutive employee stock options		-		-		35		17		-		-
Diluted EPS
Diluted calculation	$	2,507	$	2,847		4,207		4,449	$	0.60	$	0.64

Twenty-six weeks
									Net Income
	Net Income				Number of Shares				Per Share
	2016		2015		2016		2015		2016			2015
	(in thousands)				(in thousands)
Basic EPS
Basic calculation	$	6,057	$	5,157		4,169		4,508	$	1.45		$	1.14
Effect of dilutive employee stock options		-		-		30		27	$	(0.01	)		-
Diluted EPS
Diluted calculation	$	6,057	$	5,157		4,199		4,535	$	1.44		$	1.14

Note F - Accounts and Other Receivables, Net (Tables)

6 Months Ended

Sep. 25, 2016

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	September 25 ,		March 27,
	2016		2016

Branded product sales	$	5,775	$	5,689
Franchise and license royalties		2,396		2,592
Other		1,419		911
		9,590		9,192

Less: allowance for doubtful accounts		487		471
Accounts and other receivables, net	$	9,103	$	8,721

Schedule of Credit Losses for Financing Receivables, Current [Table Text Block]

	September 25 , 2016			March 27, 2016

Beginning balance	$	471		$	443
Bad debt expense		21			38
Accounts written off		(5	)		(10	)
Ending balance	$	487		$	471

Note H - Accrued Expenses, Other Current Liabilities and Other Liabilities (Tables)

6 Months Ended

Sep. 25, 2016

Notes Tables

Schedule of Accrued Liabilities [Table Text Block]

	September 25 ,		March 27,
	2016		2016
Payroll and other benefits	$	1,624	$	2,919
Income taxes		1,424		82
Accrued rebates		1,132		940
Rent and occupancy costs		213		218
Deferred revenue		221		679
Construction costs		100		183
Interest		485		507
Professional fees		58		101
Dividend payable		375		375
Other		359		172
	$	5,991	$	6,176

Schedule of Other Assets and Other Liabilities [Table Text Block]

	September 25,		March 27,
	2016		2016
Deferred development fees	$	211	$	129
Reserve for uncertain tax positions		449		427
Deferred rental liability		847		893
Dividend payable		125		250
Other		7		7
	$	1,639	$	1,706

Note K - Share-based Compensation (Tables)

6 Months Ended

Sep. 25, 2016

Notes Tables

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]

	Thirteen weeks ended				Twenty-six weeks ended
	September 25, 2016		September 27, 2015		September 25, 2016		September 27, 2015

Stock options	$	38	$	38	$	76	$	106
Restricted stock		135		135		270		270
Total compensation cost	$	173	$	173	$	346	$	376

Schedule of Share-based Compensation, Activity [Table Text Block]

				Weighted-		Weighted-		Aggregate
				Average		Average		Intrinsic
				Exercise		Remaining		Value
	Shares			Price		Contractual Life		(in thousands)


Options outstanding at the beginning of the fiscal year (A)		124,030		$	26.29		2.13	$	1,952

Granted		-			-		-		-

Expired		-			-		-		-

Exercised		(48,285	)	$	11.72		-		1,555

Options outstanding at September 25, 2016		75,745		$	35.58		2.86	$	1,196

Options exercisable at September 25, 2016		37,873		$	35.58		2.86	$	598

Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]

				Weighted-
				Average
				Grant-date Fair value
	Shares			Per share
Unvested restricted stock at March 27, 2016		25,000		$	41.59

Granted		-			-
Vested		(5,000	)	$	49.80

Unvested restricted stock at September 25, 2016		20,000		$	39.54

Note M - Long-term Debt (Tables)

6 Months Ended

Sep. 25, 2016

Notes Tables

Schedule of Debt [Table Text Block]

	September 25 ,			March 27,
	2016			2016

10.000% Senior secured notes due 2020	$	135,000		$	135,000
Less: unamortized debt discounts and issuance costs		(4,123	)		(4,734	)
	$	130,877		$	130,266

Debt Instrument Redemption [Table Text Block]

			PERCENTAGE
YEAR
On or after September 15, 2017 and prior to March 15, 2018			105.000%
On or after March 15, 2018 and prior to March 15, 2019			102.500%
On or after March 15, 2019			100.000%

Note B - Adoption of New Accounting Pronouncements (Details Textual) - USD ($)	3 Months Ended			6 Months Ended
	Sep. 25, 2016	Jun. 26, 2016	Sep. 27, 2015	Sep. 25, 2016	Sep. 27, 2015
New Accounting Pronouncement, Early Adoption, Effect [Member] \| Accounting Standards Update 2016-09 [Member]
Income Tax Expense (Benefit)		$ 621,000
Income Tax Expense (Benefit)	$ 1,918,000		$ 1,942,000	$ 3,538,000	$ 3,570,000
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation					$ 65,000

Note D - Income Per Share - Earnings Per Share Reconciliation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 25, 2016	Sep. 27, 2015	Sep. 25, 2016	Sep. 27, 2015
Basic	$ 2,507	$ 2,847	$ 6,057	$ 5,157
Basic (in shares)	4,172,000	4,432,000	4,169,000	4,508,000
Basic (in dollars per share)	$ 0.60	$ 0.64	$ 1.45	$ 1.14
Effect of dilutive employee stock options (in shares)	35,000	17,000	30,000	27,000
Diluted	$ 2,507	$ 2,847	$ 6,057	$ 5,157
Diluted (in shares)	4,207,000	4,449,000	4,199,000	4,535,000
Diluted (in dollars per share)	$ 0.60	$ 0.64	$ 1.44	$ 1.14
Effect of dilutive employee stock options (in dollars per share)			$ (0.01)

Note E - Fair Value Measurements (Details Textual) - USD ($)	Sep. 25, 2016	Mar. 27, 2016
Available-for-sale Securities	$ 0	$ 0
Long-term Debt, Gross	135,000,000	$ 135,000,000
Long-term Debt, Fair Value	$ 148,162,000

Note F - Accounts and Other Receivables, Net - Summary of Accounts and Other Receivables (Details) - USD ($) $ in Thousands	Sep. 25, 2016	Mar. 27, 2016	Mar. 29, 2015
Branded Product Sales [Member]
Accounts receivable, gross, current	$ 5,775	$ 5,689
Franchise and License Royalties [Member]
Accounts receivable, gross, current	2,396	2,592
Other Receivables [Member]
Accounts receivable, gross, current	1,419	911
Accounts receivable, gross, current	9,590	9,192
Less: allowance for doubtful accounts	487	471	$ 443
Accounts and other receivables, net	$ 9,103	$ 8,721

Note F - Accounts and Other Receivables, Net - Changes in Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Sep. 25, 2016	Sep. 27, 2015	Mar. 27, 2016
Beginning balance	$ 471	$ 443	$ 443
Provision for doubtful accounts	21	$ 16	38
Accounts written off	(5)		(10)
Ending balance	$ 487		$ 471

Note G - Prepaid Expenses and Other Current Assets - Summary of Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Sep. 25, 2016	Mar. 27, 2016
Income taxes		$ 211
Insurance	101	488
Other	348	644
	$ 449	$ 1,343

Note H - Accrued Expenses, Other Current Liabilities and Other Liabilities - Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Sep. 25, 2016	Mar. 27, 2016
Deferred Franchise Fees And Other Deferred Revenue [Member]
Deferred revenue	$ 221	$ 679
Payroll and other benefits	1,624	2,919
Income taxes	1,424	82
Accrued rebates	1,132	940
Rent and occupancy costs	213	218
Construction costs	100	183
Interest	485	507
Professional fees	58	101
Dividend payable	375	375
Other	359	172
Total	$ 5,991	$ 6,176

Note H - Accrued Expenses, Other Current Liabilities and Other Liabilities - Other Liabilities (Details) - USD ($) $ in Thousands	Sep. 25, 2016	Mar. 27, 2016
Deferred development fees	$ 211	$ 129
Reserve for uncertain tax positions	449	427
Deferred rental liability	847	893
Dividend payable	125	250
Other	7	7
Total other liabilities	$ 1,639	$ 1,706

Note J - Income Taxes (Details Textual) - USD ($)	6 Months Ended		12 Months Ended
Note J - Income Taxes (Details Textual) - USD ($)	Sep. 25, 2016	Sep. 27, 2015	Mar. 26, 2017	Mar. 27, 2016
Provision for Income Taxes [Member]
Excess Tax Benefit from Share-based Compensation, Operating Activities	$ 621,000
Scenario, Forecast [Member] \| Minimum [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			42.00%
Scenario, Forecast [Member] \| Maximum [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			44.00%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	36.90%	40.90%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Share-based Compensation Cost, Percent	6.40%
Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Percent	1.20%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Investments, Percent				1.00%
Effective Income Tax Rate Reconciliation, Tax Contingency, Percent				0.20%
Effective Income Tax Rate Reconciliation, Tax Exempt Income, Percent				0.10%
Excess Tax Benefit from Share-based Compensation, Operating Activities	$ (621,000)
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	223,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	221,000
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit	$ (31,000)

Note K - Share-based Compensation (Details Textual) - USD ($)					3 Months Ended		6 Months Ended		12 Months Ended
	Aug. 06, 2015	Mar. 29, 2015	Mar. 27, 2015	Mar. 10, 2015	Sep. 25, 2016	Sep. 27, 2015	Sep. 25, 2016	Sep. 27, 2015	Mar. 29, 2015
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	4 years
Allocated Share-based Compensation Expense					$ 38,000	$ 38,000	$ 76,000	$ 106,000
Excluding Dividend [Member]
Share Price			$ 48.56
Special Cash Dividend [Member]
Common Stock, Dividends, Per Share, Declared			25	$ 25
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		75,745					0		50,000
Allocated Share-based Compensation Expense					173,000	$ 173,000	$ 346,000	$ 376,000
Share Based Compensation Total Unamortized Compensation Expense					$ 735,000		$ 735,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition							1 year 255 days
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price		$ 35.576							$ 53.89
Share Based Compensation Arrangement by Share Based Payment Award Option Life									5 years
Share Price			$ 73.56

Note K - Share-based Compensation - Compensation Cost Charged to Expense Under All Stock-based Incentive Awards (Details) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 25, 2016	Sep. 27, 2015	Sep. 25, 2016	Sep. 27, 2015
Employee Stock Option [Member]
Share-based compensation expense	$ 38,000	$ 38,000	$ 76,000	$ 106,000
Restricted Stock [Member]
Share-based compensation expense	135,000	135,000	270,000	270,000
Share-based compensation expense	$ 173,000	$ 173,000	$ 346,000	$ 376,000

Note K - Share-based Compensation - Outstanding Stock Options (Details) - USD ($)
$ / shares in Units, $ in Thousands

6 Months Ended

12 Months Ended

Sep. 25, 2016

Mar. 27, 2016

^[1]

Options outstanding at the beginning of the fiscal year (in shares)

^[1]

124,030

Options outstanding, weighted average exercise price (in dollars per share)

^[1]

$ 26.29

Options outstanding, weighted average remaining contractual life

2 years 313 days

2 years 47 days

Options outstanding, aggregate intrinsic value

$ 1,196

$ 1,952

Exercised (in shares)

(48,285)

Exercised, weighted average exercise price (in dollars per share)

$ 11.72

Options exercised, aggregate intrinsic value

$ 1,555

Options outstanding (in shares)

75,745

124,030

Options outstanding, weighted average exercise price (in dollars per share)

$ 35.58

$ 26.29

Options exercisable (in shares)

37,873

Options exercisable, weighted average exercise price (in dollars per share)

$ 35.58

Options exercisable, weighted average remaining contractual life

2 years 313 days

Options exercisable, aggregate intrinsic value

$ 598

[1]	Represents outstanding options after giving effect to the replacement options issued in connection with the Company's special dividend.

Note K - Share-based Compensation - Transactions With Respect to Restricted Stock (Details)	6 Months Ended
	Sep. 25, 2016 $ / shares shares
Unvested restricted stock at March 27, 2016 (in shares) \| shares	25,000
Unvested restricted stock at March 27, 2016 (in dollars per share) \| $ / shares	$ 41.59
Vested (in shares) \| shares	(5,000)
Vested (in dollars per share) \| $ / shares	$ 49.80
Unvested restricted stock at September 25, 2016 (in shares) \| shares	20,000
Unvested restricted stock at September 25, 2016 (in dollars per share) \| $ / shares	$ 39.54

Note L - Stockholders' Equity (Details Textual) - USD ($)			6 Months Ended			18 Months Ended	180 Months Ended
	Mar. 27, 2015	Mar. 10, 2015	Mar. 26, 2017	Sep. 25, 2016	Sep. 27, 2015	Sep. 25, 2016	Sep. 25, 2016	Sep. 09, 2016	Mar. 11, 2016	Jun. 05, 2013
Special Cash Dividend [Member] \| Scenario, Forecast [Member]
Payments of Ordinary Dividends, Common Stock			$ 250,000
Special Cash Dividend [Member]
Common Stock, Dividends, Per Share, Declared	$ 25	$ 25
Payments of Ordinary Dividends, Common Stock	$ 115,100,000					$ 500,000
Dividends Payable	$ 1,000,000
MSI Agreement [Member]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased								100,000	175,000
Payments of Ordinary Dividends, Common Stock				$ 125,000	$ 125,000
Minimum Percentage of Common Stock Acquired by a Person or Group which Triggers Exercise of New Rights										15.00%
New Right Purchase Price										$ 100
Common Stock, Capital Shares Reserved for Future Issuance				8,743,426		8,743,426	8,743,426			10,188,600
Treasury Stock, Shares, Acquired				30,616			5,127,373
Treasury Stock, Value, Acquired, Cost Method				$ 1,272,000			$ 77,303,000
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased				260,258		260,258	260,258

Note M - Long-term Debt (Details Textual) - USD ($)			6 Months Ended
Note M - Long-term Debt (Details Textual) - USD ($)	Sep. 15, 2016	Mar. 10, 2015	Sep. 25, 2016	Sep. 27, 2015	Mar. 27, 2016
Secured Debt [Member] \| Option to Redeem Notes at Redemption Price Equal to the Percentage of Principal Amount plus the Applicable Premium [Member] \| Applicable Premium if Percentage of Principal Amount is Greater than Treasury Rate Basis Spread [Member]
Debt Instrument, Applicable Premium, Percentage of Principal Amount		1.00%
Secured Debt [Member] \| Option to Redeem Notes at Redemption Price Equal to the Percentage of Principal Amount plus the Applicable Premium [Member] \| Applicable Premium if Treasury Rate Basis Spread is Greater than Percentage of Principal Amount [Member] \| Treasury Rate [Member]
Debt Instrument, Applicable Premium, Treasury Rate Basis Spread		0.50%
Secured Debt [Member] \| Option to Redeem Notes at Redemption Price Equal to the Percentage of Principal Amount plus the Applicable Premium [Member]
Debt Instrument, Redemption Price, Percentage		100.00%
Secured Debt [Member] \| Option to Redeem at Redemption Price Equal to Percentage of Principal Amount [Member] \| In The Event of Certain Equity Offerings [Member] \| Maximum [Member]
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed		35.00%
Secured Debt [Member] \| In The Event of Certain Equity Offerings [Member]
Debt Instrument, Redemption Price, Percentage		110.00%
Secured Debt [Member] \| In the Event of Chang of Control Offer [Member]
Debt Instrument, Redemption Price, Percentage		101.00%
Secured Debt [Member] \| In the Event the Company Sells Certain Assets and Fails to Use the Proceeds as Required [Member]
Debt Instrument, Redemption Price, Percentage		100.00%
Secured Debt [Member]
Debt Instrument, Face Amount		$ 135,000,000
Debt Instrument, Interest Rate, Stated Percentage		10.00%
Debt Issuance Costs, Gross		$ 5,985,000
Debt Instrument, Term		5 years
Interest Paid	$ 6,750,000
Debt Instrument, Fixed Charge Coverage Ratio		2
Debt Instrument, Priority Secured Leverage Ratio		0.4
Debt Instrument Secured Leverage Ratio		3.75
Debt Instrument, Event of Default, Percentage Ownership Enabling the Declaration of Due and Payable		25.00%
Special Cash Dividend [Member]
Dividends, Cash		$ 116,100,000
Debt Instrument, Interest Rate, Stated Percentage			10.00%		10.00%
Interest Paid			$ 6,750,000	$ 6,938,000

Note M - Long-term Debt - Summary of Debt (Details) - USD ($)	Sep. 25, 2016	Mar. 27, 2016
10.000% Senior secured notes due 2020	$ 135,000,000	$ 135,000,000
Less: unamortized debt discounts and issuance costs	(4,123,000)	(4,734,000)
Total	$ 130,877,000	$ 130,266,000

Note O - Reclassifications	6 Months Ended
Note O - Reclassifications	Sep. 25, 2016
Notes to Financial Statements
Reclassifications [Text Block]	NOTE O – RECLASSIFICATIONS Prior period amounts on the Consolidated Statement of Cash Flows have been reclassified to conform to the current period presentation.

Note D - Income Per Share (Details Textual)	6 Months Ended
Note D - Income Per Share (Details Textual)	Sep. 27, 2015 shares
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	75,745

Note M - Long-term Debt - Summary of Redemption Features (Details)	6 Months Ended
	Sep. 25, 2016
Debt Instrument, Redemption, Period One [Member]
Debt instrument, redemption price, percentage	105.00%
Debt Instrument, Redemption, Period Two [Member]
Debt instrument, redemption price, percentage	102.50%
Debt Instrument, Redemption, Period Three [Member]
Debt instrument, redemption price, percentage	100.00%