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Document And Entity Information (USD $)
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12 Months Ended | ||
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Mar. 31, 2013
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Jun. 07, 2013
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Sep. 23, 2012
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| Document and Entity Information [Abstract] | |||
| Entity Registrant Name | NATHANS FAMOUS INC | ||
| Document Type | 10-K | ||
| Current Fiscal Year End Date | --03-31 | ||
| Entity Common Stock, Shares Outstanding | 4,460,120 | ||
| Entity Public Float | $ 101,854,000 | ||
| Amendment Flag | false | ||
| Entity Central Index Key | 0000069733 | ||
| Entity Current Reporting Status | Yes | ||
| Entity Voluntary Filers | No | ||
| Entity Filer Category | Accelerated Filer | ||
| Entity Well-known Seasoned Issuer | No | ||
| Document Period End Date | Mar. 31, 2013 | ||
| Document Fiscal Year Focus | 2013 | ||
| Document Fiscal Period Focus | FY |
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- Definition
If the value is true, then the document is an amendment to previously-filed/accepted document. No definition available.
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- Definition
End date of current fiscal year in the format --MM-DD. No definition available.
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- Definition
This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
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- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
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- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
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- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other". No definition available.
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- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument. No definition available.
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- Definition
Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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- Definition
Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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| X | ||||||||||
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- Definition
State aggregate market value of voting and non-voting common equity held by non-affiliates computed by reference to price at which the common equity was last sold, or average bid and asked price of such common equity, as of the last business day of registrant's most recently completed second fiscal quarter. The public float should be reported on the cover page of the registrants form 10K. No definition available.
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- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. No definition available.
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| X | ||||||||||
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- Definition
Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A. No definition available.
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- Details
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- Details
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- Details
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| X | ||||||||||
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- Definition
Amount due from customers, clients, or other third-parties, or arising from transactions not separately disclosed, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value. No definition available.
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| X | ||||||||||
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- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after allocation of valuation allowances of noncurrent deferred tax asset attributable to deductible temporary differences and carryforwards. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total obligations incurred as part of normal operations that is expected to be repaid beyond the following twelve months or one business cycle. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying amount of reserve for known or estimated probable loss from litigation, which may include attorneys' fees and other litigation costs, which is expected to be paid within one year of the date of the statement of financial position. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The total amount of investments that are intended to be held for an extended period of time (longer than one operating cycle). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The total of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer, and the aggregate carrying amount of current assets, as of the balance sheet date, not separately presented elsewhere in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The carrying amounts of cash and cash equivalent items which are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. For a classified balance sheet represents the current portion only (the noncurrent portion has a separate concept); there is a separate and distinct element for unclassified presentations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Total amount of stockholders' equity (deficit) items including stock value, paid in capital, retained earnings and including equity attributable to noncontrolling interests and before deducting the carrying value of treasury stock. No definition available.
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| X | ||||||||||
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- Definition
The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Consolidated Balance Sheets (Parentheticals) (USD $)
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Mar. 31, 2013
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Mar. 25, 2012
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|---|---|---|
| Common stock, par value (in Dollars per share) | $ 0.01 | $ 0.01 |
| Common stock, shares authorized | 30,000,000 | 30,000,000 |
| Common stock, shares issued | 8,958,181 | 8,855,263 |
| Common stock, shares outstanding | 4,378,618 | 4,363,777 |
| Treasury stock, shares | 4,579,563 | 4,491,486 |
| X | ||||||||||
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- Definition
Face amount or stated value of common stock per share; generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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| X | ||||||||||
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- Definition
Impairment charge on note receivable. No definition available.
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Revenue earned during the period from consideration (often a percentage of the franchisee's sales) received for the right to operate a business using the entity's name, merchandise, services, methodologies, promotional support, marketing, and supplies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Interest expense on all other items not previously classified. For example, includes dividends associated with redeemable preferred stock of a subsidiary that is treated as a liability in the parent's consolidated balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Revenue earned during the period relating to consideration received from another party for the right to use, but not own, certain of the entity's intangible assets. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, software or trademark. Licensing fees are generally, but not always, fixed as to amount and not dependent upon the revenue generated by the licensing party. An entity may receive licensing fees for licenses that also generate royalty payments to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This element represents the expenses incurred by the entity which are directly related and attributable to receiving an award in settlement of litigation. No definition available.
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| X | ||||||||||
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
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| X | ||||||||||
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- Definition
The aggregate amount of other income amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) profits on securities (net of losses), and (d) miscellaneous other income items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Consolidated Statements of Comprehensive Income (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
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Mar. 31, 2013
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Mar. 25, 2012
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Mar. 27, 2011
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|
| Net income | $ 7,468 | $ 6,158 | $ 2,213 |
| Other comprehensive income (loss), net of deferred income taxes: | |||
| Unrealized gains (losses) on marketable securities | (168) | 16 | (133) |
| Less: reclassification adjustments for gain, included in net income | 0 | 0 | 2 |
| Other comprehensive income (loss) | (168) | 16 | (135) |
| Comprehensive income | $ 7,300 | $ 6,174 | $ 2,078 |
| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Net of tax amount of unrealized holding gain (loss) before reclassification adjustments on available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Net of tax amount of other comprehensive income (loss) attributable to the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Net of tax amount of the income statement impact of the reclassification adjustment for unrealized gain (loss) realized upon the sale of available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This element represents the amount of recognized equity-based compensation during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized). Alternate captions include the words "stock-based compensation". Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tax benefit associated with any equity-based compensation plan other than an employee stock ownership plan (ESOP). The tax benefit results from the deduction by the entity on its tax return for an award of stock that exceeds the cumulative compensation cost for common stock or preferred stock recognized for financial reporting. Includes any resulting tax benefit that exceeds the previously recognized deferred tax asset (excess tax benefits). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Net of tax amount of unrealized holding gain (loss) before reclassification adjustments and transfers on available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow paid by the company to cover an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. No definition available.
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| X | ||||||||||
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- Definition
Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Value of stock issued as a result of the exercise of stock options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Consolidated Statements of Stockholders' Equity (Parentheticals) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|
| Deferred income taxes | $ 105 | $ 11 | $ 107 |
| X | ||||||||||
|
- Definition
Tax effect of unrealized holding gain (loss) before reclassification adjustments and transfers on available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The advances received by the insured toward future ongoing operating costs due to Hurricane Sandy. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Impairment charge on note receivable. No definition available.
|
| X | ||||||||||
|
- Definition
Increase (decrease) in accrued litigation. No definition available.
|
| X | ||||||||||
|
- Definition
Insurance proceeds received for property and equipment purchases due to Hurricane Sandy. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of excess tax benefit (tax deficiency) that arises when compensation cost from non-qualified share-based compensation recognized on the entity's tax return exceeds (is less than) compensation cost from equity-based compensation recognized in financial statements. Excess tax benefit (tax deficiency) increases (decreases) net cash provided by financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the amount due from customers for the credit sale of goods and services; includes accounts receivable and other types of receivables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in other noncurrent operating assets not separately disclosed in the statement of cash flows. No definition available.
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in other noncurrent operating liabilities not separately disclosed in the statement of cash flows. No definition available.
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow for the increase (decrease) associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as investing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the amount of amortization of purchase premium related to an investment in debt securities. The purchase premium is amortized to expense over the life (holding period) of the security to arrive at an amount of periodic interest income which results in a constant effective yield on the investment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the total realized gain (loss) included in earnings for the period as a result of selling marketable securities categorized as trading, available-for-sale, or held-to-maturity. No definition available.
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from financing activity for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from investing activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow paid by the company to cover an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. No definition available.
|
| X | ||||||||||
|
- Definition
The cash outflow for securities or other assets acquired, which qualify for treatment as an investing activity and are to be liquidated, if necessary, beyond the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the long-term. No definition available.
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with principal collections from a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the sale or maturity (principal being due) of securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the sale of a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of the current period expense charged against operations, the offset which is generally to the allowance for doubtful accounts for the purpose of reducing receivables, including notes receivable, to an amount that approximates their net realizable value (the amount expected to be collected). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 1 - Description and Organization of Business
|
12 Months Ended |
|---|---|
|
Mar. 31, 2013
|
|
| Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] |
NOTE
A - DESCRIPTION AND ORGANIZATION OF BUSINESS
Nathan’s
Famous, Inc. and subsidiaries (collectively the
“Company” or “Nathan’s”) has
historically operated or franchised a chain of retail fast
food restaurants featuring the “Nathan’s World
Famous Beef Hot Dog”, crinkle-cut French-fried potatoes
and a variety of other menu
offerings. Nathan’s has also established a
Branded Product Program, which enables foodservice retailers
to sell select Nathan’s proprietary products outside of
the realm of a traditional franchise
relationship. Nathan’s also licenses the
manufacture and sale of “Nathan’s Famous”
packaged hot dogs, crinkle-cut French fries and a number of
other products to a variety of third parties for sale to
supermarkets, club stores and grocery stores. The Company is
also the owner of the Arthur Treacher’s brand. Arthur
Treacher's main product is its "Original Fish & Chips"
product consisting of fish fillets coated with a special
batter prepared under a proprietary formula, deep-fried
golden brown, and served with English-style chips and corn
meal "hush puppies." The Company considers itself
to be in the foodservice industry, and has pursued
co-branding and co-hosting initiatives.
At
March 31, 2013, the Company’s restaurant system
included five Company-owned units in the New York City
metropolitan area (including one seasonal location and two
restaurants that are currently being redeveloped) and 303
franchised or licensed units, located in 28 states, the
Cayman Islands and eight foreign countries.
|
| X | ||||||||||
|
- Definition
The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 2 - Summary of Significant Accounting Policies
|
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|
Mar. 31, 2013
|
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| Significant Accounting Policies [Text Block] |
NOTE B - SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES
The
following significant accounting policies have been applied
in the preparation of the consolidated financial
statements:
1. Principles
of Consolidation
The
consolidated financial statements include the accounts of the
Company and all of its wholly-owned
subsidiaries. All significant inter-company
balances and transactions have been eliminated in
consolidation.
2. Fiscal
Year
The
Company’s fiscal year ends on the last Sunday in March,
which results in a 52 or 53-week reporting
period. The results of operations and cash flows
for the fiscal year ended March 31, 2013, contained 53 weeks.
The results of operations and cash flows for the fiscal years
ended March 28, 2012, and March 27, 2011 contained 52
weeks.
3. Use
of Estimates
The
preparation of financial statements in conformity with
accounting principles generally accepted in the United States
of America requires management to make estimates and
assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and
liabilities at the date of the financial statements and the
reported amounts
of
revenues and expenses during the reporting
period. Actual results could differ from those
estimates.
Significant
estimates made by management in preparing the consolidated
financial statements include revenue recognition, the
allowance for doubtful accounts, valuation of stock-based
compensation, accounting for income taxes, and the valuation
of goodwill, intangible assets and other long-lived
assets.
4. Cash
and Cash Equivalents
The
Company considers all highly liquid instruments purchased
with an original maturity of three months or less to be cash
equivalents. Cash equivalents amounted
to $172 and $92 at
March 31, 2013 and March 25, 2012, respectively.
Substantially all of the Company’s cash and cash
equivalents are in excess of government insurance.
5. Note
Receivable
During
the fiscal year ended March 27, 2011, the Company recognized
an impairment charge of $263 on a then-existing note
receivable from the sale of a formerly wholly owned
subsidiary Miami Subs Corp. During the fiscal year ended
March 25, 2012, the note receivable was sold and the Company
received total proceeds of $900.
6. Inventories
Inventories,
which are stated at the lower of cost or market value,
consist primarily of food items and supplies. Inventories
also include equipment and marketing items in connection with
the Branded Product Program. Cost is determined
using the first-in, first-out method.
7. Marketable
Securities
The
Company determines the appropriate classification of
securities at the time of purchase and reassesses the
appropriateness of the classification at each reporting date.
At March 31, 2013 and March 25, 2012, all marketable
securities held by the Company have been classified as
available-for-sale and, as a result, are stated at fair
value, based upon quoted market prices for similar assets as
determined in active markets or model-derived valuations in
which all significant inputs are observable for substantially
the full-term of the asset, with unrealized gains and losses
included as a component of accumulated other comprehensive
income. Realized gains and losses on the sale of securities
are determined on a specific identification basis. Interest
income is recorded when it is earned and deemed realizable by
the Company.
8. Property
and Equipment
Property
and equipment are stated at cost less accumulated
depreciation and amortization. Major improvements are
capitalized and minor replacements, maintenance and repairs
are charged to expense as incurred. Depreciation and
amortization are calculated on the straight-line basis over
the estimated useful lives of the
assets. Leasehold improvements are amortized over
the shorter of the estimated useful life or the lease term of
the related asset. The estimated useful lives are as
follows:
9.
Goodwill and Intangible Assets
Goodwill
and intangible assets consist of (i) goodwill of $95
resulting from the acquisition of Nathan’s in 1987; and
(ii) trademarks, trade names and other intellectual property
of $1,353 in connection with Arthur Treacher’s.
The
Company’s goodwill and intangible assets are deemed to
have indefinite lives and, accordingly, are not amortized,
but are evaluated for impairment at least annually, but more
often whenever changes in facts and circumstances occur which
may indicate that the carrying value may not be recoverable.
As of March 31, 2013 and March 25, 2012, the Company
performed its required annual impairment test of goodwill and
intangible assets and has determined no impairment is deemed
to exist.
10.
Long-lived Assets
Long-lived
assets are reviewed for impairment whenever events or changes
in circumstances indicate that the carrying value may not be
recoverable. Impairment is measured by comparing
the carrying value of the long-lived assets to the estimated
undiscounted future cash flows expected to result from use of
the assets and their ultimate disposition. In
instances where impairment is determined to exist, the
Company writes down the asset to its fair value based on the
present value of estimated future cash flows.
Impairment
losses are recorded on long-lived assets on a
restaurant-by-restaurant basis whenever impairment factors
are determined to be present. The Company
considers a history of restaurant operating losses to be its
primary indicator of potential impairment for individual
restaurant locations. As result of Hurricane
Sandy, our Coney Island restaurant sustained significant
damage and was considered temporarily impaired for purposes
of this analysis. The restaurant was fully repaired and
re-opened on May 20, 2013. No units were deemed impaired
during the fiscal years ended March 31, 2013, March 25, 2012
and March 27, 2011.
11. Fair
Value of Financial Instruments
Fair
value is defined as the price that would be received to sell
an asset or paid to transfer a liability in an orderly
transaction between market participants at the measurement
date (an exit price).
The
fair value hierarchy, as outlined in the applicable
accounting guidance, is based on inputs to valuation
techniques that are used to measure fair value that are
either observable or unobservable. Observable inputs
reflect assumptions market participants would use in pricing
an asset or liability based on market data obtained from
independent sources while unobservable inputs reflect a
reporting entity’s pricing based upon their own market
assumptions.
The
fair value hierarchy consists of the following three
levels
The
use of observable market inputs (quoted market prices) when
measuring fair value and, specifically, the use of
Level 1 quoted prices to measure fair value are required
whenever possible. The determination of where an
asset or liability falls in the hierarchy requires
significant judgment. The Company evaluates its
hierarchy disclosures annually and based on various factors,
it is possible that an asset or liability may be classified
differently from year to year.
The
following table present assets and liabilities measured at
fair value on a recurring basis as of March 31, 2013 and
March 25, 2012 based upon the valuation hierarchy:
Nathan’s
marketable securities, which consist primarily of municipal
bonds, are not actively traded. The valuation of
such bonds is based upon quoted market prices for similar
bonds currently trading in an active market or
model-derived valuations in which all significant inputs
are observable for substantially the full term of the
asset.
It
was not practicable to estimate the fair value of the
long-term investment, without incurring excessive costs,
representing 2.5% of the equity ownership of a
privately-owned company; that investment is carried at its
original cost of $500 in the accompanying consolidated
balance sheets. At March 31, 2013, the total
assets reported by the privately-owned company were $2,426,
total equity was $1,817, total revenues for the quarter
then-ended were $616 and net loss was $528.
The
carrying amounts of cash equivalents, accounts receivable
and accounts payable approximate fair value due to the
short-term maturity of the instruments.
The
majority of the Company’s non-financial assets and
liabilities are not required to be carried at fair value on a
recurring basis. However, the Company is required
on a non-recurring basis to use fair value measurements when
analyzing asset impairment as it relates to goodwill and
other indefinite-lived intangible assets and long-lived
assets. The Company utilized the income approach (Level 3
inputs) which utilized cash flow forecasts for future income
and were discounted to present value in performing its annual
impairment testing of intangible assets. For its annual
goodwill impairment testing, the Company utilized an income
approach (Level 3 inputs).
12. Start-up
Costs
Pre-opening
and similar restaurant costs are expensed as incurred.
13. Revenue Recognition
- Branded Product Program
The
Company recognizes sales from the Branded Product Program and
certain products sold from the Branded Menu Program when it
is determined that the products the Company has sold have
been delivered via third party common carrier to
Nathan’s customers. Rebates provided to customers are
classified as a reduction to sales.
14. Revenue
Recognition - Company-owned Restaurants
Sales
by Company-owned restaurants, which are typically paid in
cash or credit card by the customer, are recognized upon the
performance of services. Sales are presented net of sales
tax.
15. Revenue
Recognition - Franchising Operations
In
connection with its franchising operations, the Company
receives initial franchise fees, development fees, royalties,
and in certain cases, revenue from sub-leasing restaurant
properties to franchisees.
Franchise
and area development fees, which are typically received prior
to completion of the revenue recognition process, are
initially recorded as deferred revenue. Initial franchise
fees, which are non-refundable, are recognized as income when
substantially all services to be performed by Nathan’s
and conditions relating to the sale of the franchise have
been performed or satisfied, which generally occurs when the
franchised restaurant commences operations.
The
following services are typically provided by the Company
prior to the opening of a franchised restaurant:
At
March 31, 2013 and March 25, 2012, $278 and $123,
respectively, of deferred franchise fees are included in the
accompanying consolidated balance sheets. For the fiscal
years ended March 31, 2013, March 25, 2012 and March 27,
2011, the Company earned franchise fees of $852, $920, and
$663, respectively, from new unit openings, transfers,
co-branding and forfeitures.
Development
fees are nonrefundable and the related agreements require the
franchisee to open a specified number of restaurants in the
development area within a specified time period or the
agreements may be canceled by the Company. Revenue
from development agreements is deferred and shall be
recognized, with an appropriate provision for estimated
uncollectable amounts, when all material services or
conditions to the sale have been substantially performed by
the franchisor.
If
substantial obligations under the development agreement are
not dependent on the number of individual franchise locations
to be opened, substantial performance shall be determined
using the same criteria applicable to individual franchise,
which is generally the opening of the first location pursuant
to the development agreement. If substantial performance is
dependent on the number of locations, then the development
fee is deferred and recognized ratably over the term of the
agreement, as restaurants in the development area commence
operations on a pro rata basis to the minimum number of
restaurants required to be open, or at the time the
development agreement is effectively canceled. At March 31,
2013 and March 25, 2012, $452 and $603, respectively, of
deferred development fee revenue is included in other
liabilities in the accompanying consolidated balance
sheets.
The
following is a summary of franchise openings and closings for
the Nathan’s franchise restaurant system for the fiscal
years ended March 31, 2013, March 25, 2012 and March 27,
2011:
The
Company recognizes franchise royalties on a monthly basis,
which are generally based upon a percentage of sales made by
the Company’s franchisees, when they are earned and
deemed collectible. The Company recognizes royalty revenue
from its Branded Menu Program directly from the sale of
Nathan’s products by its primary distributor or
directly from the manufacturers.
Franchise
fees and royalties that are not deemed to be collectible are
not recognized as revenue until paid by the franchisee or
until collectibility is deemed to be reasonably
assured.
Revenue
from sub-leasing properties is recognized in income as the
revenue is earned and deemed
collectible. Sub-lease rental income is presented
net of associated lease costs in the accompanying
consolidated statements of earnings.
16.
Revenue Recognition – License Royalties
The
Company earns revenue from royalties on the licensing of the
use of its intellectual property in connection with on
certain products produced and sold by outside
vendors. The use of the Company's intellectual
property must be approved by the Company prior to each
specific application to ensure proper quality and project a
consistent image. Revenue from license royalties
is recognized on a monthly basis when it is earned and deemed
collectible.
17.
Business Concentrations and Geographical
Information
The
Company’s accounts receivable consist principally of
receivables from franchisees for royalties and advertising
contributions, from sales under the Branded Product Program,
and from royalties from retail licensees. At March
31, 2013, one retail licensee and three Branded Product
customers each represented 18%, 16%, 11% and 10%,
respectively, of accounts receivable. At March 25, 2012, one
retail licensee and three Branded Product customers each
represented 19%, 14%, 13% and 12%, respectively, of accounts
receivable. One Branded Products customer accounted for 12%
of total revenue for the year ended March 31, 2013. No
franchisee, retail licensee or Branded Product customer
accounted for 10% or more of total revenues during the fiscal
years ended March 25, 2012 and March 27, 2011.
The
Company’s primary supplier of hot dogs
represented 82%, 79%
and 75% of product purchases for the fiscal years ended March
31, 2013, March 25, 2012 and March 27, 2011,
respectively. The Company’s distributor of
products to its Company-owned restaurants
represented 7%, 8% and 9% of product purchases for the
fiscal years ended March 31, 2013, March 25, 2012 and March
27, 2011, respectively.
The
Company’s revenues for the fiscal years ended March 31,
2013, March 25, 2012 and March 27, 2011 were derived from the
following geographic areas:
The
Company’s sales for the fiscal years ended March 31,
2013, March 25, 2012 and March 27, 2011 were derived from the
following:
18. Advertising
The Company
administers an advertising fund on behalf of its franchisees
to coordinate the marketing efforts of the Company. Under
this arrangement, the Company collects and disburses fees
paid by manufacturers, franchisees and Company-owned stores
for national and regional advertising, promotional and public
relations programs. Contributions to the advertising fund are
based on specified percentages of net sales, generally
ranging up to 2%. Net Company-owned store advertising
expense, which is expensed as incurred, was $144, $227, and
$233, for the fiscal years ended March 31, 2013, March 25,
2012 and March 27, 2011, respectively, and have been included
within restaurant operating expenses in the accompanying
consolidated statements of earnings.
19. Stock-Based
Compensation
At
March 31, 2013, the Company had one stock-based compensation
plan in effect which is more fully described in Note
K.
The
cost of all share-based payments, including grants of
restricted stock and stock options, is recognized in the
financial statements based on their fair values measured at
the grant date, or the date of any later modification, over
the requisite service period. The Company recognizes
compensation cost for unvested stock awards on a
straight-line basis over the requisite vesting period.
20.
Classification of Operating Expenses
Cost
of sales consists of the following:
Restaurant
operating expenses consist of the following:
21. Income
Taxes
The
Company’s current provision for income taxes is based
upon its estimated taxable income in each of the
jurisdictions in which it operates, after considering the
impact on taxable income of temporary differences resulting
from different treatment of items for tax and financial
reporting purposes. Deferred tax assets and liabilities are
recognized for the future tax consequences attributable to
differences between the financial statement carrying amounts
of existing assets and liabilities and their respective tax
bases and any operating loss or tax credit
carryforwards. Deferred tax assets and liabilities
are measured using enacted tax rates expected to apply to
taxable income in the year in which those temporary
differences are expected to be recovered or settled. The
ultimate realization of deferred tax assets is dependent upon
the generation of future taxable income in those periods in
which temporary differences become
deductible. Should management determine that it is
more likely than not that some portion of the deferred tax
assets will not be realized, a valuation allowance against
the deferred tax assets would be established in the period
such determination was made.
Uncertain
Tax Positions
The
Company has recorded liabilities for underpayment of income
taxes and related interest and penalties for uncertain tax
positions based on the determination of whether tax benefits
claimed or expected to be claimed on a tax return should be
recorded in the financial statements. The Company
may recognize the tax benefit from an uncertain tax position
only if it is more likely than not that the tax position will
be sustained on examination by the taxing authorities based
on the technical merits of the position. The tax
benefits recognized in the financial statements from such
position should be measured based on the largest benefit that
has a greater than fifty percent likelihood of being realized
upon ultimate settlement. Nathan’s
recognizes accrued interest and penalties associated with
unrecognized tax benefits as part of the income tax
provision.
22. Adoption of New
Accounting Pronouncements
In
February 2013, the Financial Accounting Standards Board,
(“FASB”) issued final guidance for new
presentation requirements for reclassifications out of
accumulated other comprehensive income and to resolve certain
cost/benefit concerns related to reporting reclassification
adjustments. This guidance provides entities with two basic
options for reporting the effect of significant
reclassifications - either 1) on the face of the statement
where net income is presented or 2) as a separate footnote
disclosure. Public entities will report reclassifications in
both annual and interim periods. For
public entities, the new guidance is effective prospectively
for annual and interim for reporting periods beginning after
December 15, 2012 which for Nathan’s was the fourth
quarter of its fiscal year ended March 31, 2013. The adoption
of this new guidance did not have a material impact on the
results of operations or financial position.
In
July 2012, the FASB issued new accounting guidance on testing
indefinite-lived intangible assets for impairment. The new
guidance provides the entity with the option to first perform
a qualitative assessment to determine whether it is more
likely than not that the fair value of an indefinite-lived
asset is less than its carrying value. If it is not, then no
further analysis is required otherwise then the previously
required quantitative testing is required. The new guidance
is effective for annual and interim impairment tests
performed for fiscal years beginning after September 15,
2012, which for Nathan’s will be the first quarter of
its fiscal 2014. Early adoption is permitted. We do not
expect the adoption of this new guidance to have a material
impact on the results of operations or financial
position.
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.
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- Definition
The entire disclosure for all significant accounting policies of the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 3 - Income Per Share
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Mar. 31, 2013
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| Earnings Per Share [Text Block] |
NOTE
C - 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 effects 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 result from
the assumed exercise of stock options and restricted stock,
using the treasury stock method.
The
following chart provides a reconciliation of information used
in calculating the per share amounts for the fiscal years
ended March 31, 2013, March 25, 2012 and March 27, 2011,
respectively:
There
were no options to purchase shares of common stock for the
years ended March 31, 2013 and March 25, 2012 that were
excluded from the computation of diluted earnings per share.
Options to purchase 110,000 shares of common stock for
the year ended March 27, 2011 were excluded in the
computation of diluted earnings per share because the
exercise prices exceeded the average market price of common
shares during the respective periods.
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- Definition
The entire disclosure for earnings per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 4 - Restricted Cash
|
12 Months Ended |
|---|---|
|
Mar. 31, 2013
|
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| Restricted Assets Disclosure [Text Block] |
NOTE
D – RESTRICTED CASH
We
have been engaged in litigation with SMG, Inc.
“SMG”, as further described in Note L.2,
“Legal Proceedings” related to our License
Agreement and, in connection with that litigation, damages of
$4,910, inclusive of pre-judgment interest, were assessed
against Nathan’s (the
“Judgment”). Nathan’s has
determined to appeal both of the court’s findings with
respect to SMG’s claims relating to the sale of
Nathan’s proprietary seasonings to SMG and the amount
of the Judgment.
In
connection with this appeal, Nathan’s was required to
provide security for the damages, and has entered into a
Blocked Deposit Account Control Agreement (“Blocked
Account Agreement”) with SMG and Citibank, N.A. (the
“Bank”).
Nathan’s
has also entered into a Security Agreement with SMG (the
“Security Agreement”), pursuant to which,
Nathan’s has granted SMG a security interest in the
amounts on deposit in the Blocked Account at the Bank (the
“Account”) in order to secure
Nathan’s’ obligation to pay the Judgment,
together with post-judgment interest on such amount and costs
incurred in connection with such amounts.
Pursuant
to the Blocked Account Agreement, at March 31, 2013,
Nathan’s has deposited a total of $5,874 into the
Account, including an amount equal to the post-judgment
interest (calculated at 9% per annum) and has classified the
amount of the Judgment along with the post-judgment interest
as restricted cash with a corresponding increase to
litigation accrual in the accompanying balance
sheet. Pursuant to the Blocked Account Agreement,
Nathan’s will have no right to withdraw amounts from
the Account, until: (1) the Bank receives written notice from
SMG (a “Release Notice”) that (a) the Judgment,
plus all applicable post-judgment interest, has been
satisfied, (b) the Judgment has been reversed or the Judgment
has been vacated and the matter remanded and that any
subsequent motions or appeals have been resolved, (c)
Nathan’s and SMG have entered a fully-executed
settlement agreement resolving the Judgment, or (d) SMG has
withdrawn its “Disposition Notice” (as defined
below) or (2) the Bank has received a Disposition Notice and
has acted in accordance with the Disposition Notice.
SMG
has agreed to deliver a Release Notice to the Bank within
five (5) business days following any of the events described
in clauses (1), (a), (b) or (c) above, and is entitled to
provide written notice (a “Disposition Notice”)
to the Bank to distribute the amounts in the Account if
either (i) the Judgment is affirmed and all appeals are
exhausted, and the amount of the Judgment plus all applicable
post-judgment interest is not satisfied by Nathan’s and
paid to SMG within thirty (30) days of such affirmance or
(ii) an Event of Default occurs under the Security
Agreement. As of March 31, 2013 and March 25,
2012, no events of default have occurred under the Security
Agreement. |
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- Definition
The entire disclosure for assets that are restricted in their use, generally by contractual agreements or regulatory requirements. This would include, but not limited to, a description of the restricted assets and the terms of the restriction. No definition available.
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Note 5 - Marketable Securities
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Mar. 31, 2013
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| Marketable Securities [Table Text Block] |
NOTE
E - MARKETABLE SECURITIES
The
cost, gross unrealized gains, gross unrealized losses and
fair market value for marketable securities, which consist
entirely of municipal bonds that are classified as
available-for-sale securities are as follows:
As
of March 31, 2013, the municipal bonds mature at various
dates between April 2013 and October 2019. The
following represents the bond maturities by period:
Proceeds
from the sale of available-for-sale securities and the
resulting gross realized gains included in the determination
of net income are as follows:
The
change in net unrealized gains (losses) on available-for-sale
securities for the fiscal years ended March 31, 2013, March
25, 2012 and March 27, 2011, of ($168), $16 and $(135),
respectively, which is net of deferred income taxes, has been
included as a component of comprehensive income. Accumulated
other comprehensive income is comprised entirely of the net
unrealized gains on available-for-sale securities as of March
31, 2013 and March 25, 2012.
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- Definition
Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 6 - Accounts and Other Receivables, Net
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Mar. 31, 2013
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| 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:
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 outstanding longer than the contractual payment
terms are generally considered past due. The Company
determines its allowance 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, and the condition of the
general economy and the industry as a whole. The
Company writes off accounts receivable when they are deemed
to be uncollectible against the allowance for doubtful
accounts.
Changes
in the Company’s allowance for doubtful accounts for
the fiscal years ended March 31, 2013, March 25, 2012 and
March 27, 2011 are as follows:
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- 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 7 - Long-Term Investment
|
12 Months Ended |
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|
Mar. 31, 2013
|
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| Cost-method Investments, Description [Text Block] |
NOTE
G – LONG-TERM INVESTMENT
In
September 2012, Nathan’s purchased 351,550 shares of
Series A Preferred Stock in a privately-owned corporation for
$500. Nathan’s investment currently represents a 2.5%
equity ownership in the entity and Nathan’s does not
have the ability to exercise significant influence over the
investee. The shares have voting rights on the same basis as
the common shareholders and have certain dividend rights, if
declared. Nathan’s accounts for this investment
pursuant to the cost method and recognizes dividends
distributed by the investee as income to the extent that
dividends are distributed from net accumulated earnings of
the investee. There were no dividends declared by the
investee during the fifty-three week period ended March 31,
2013. Each reporting period, management reviews the carrying
value of this investment based upon the financial information
provided by the investment’s management and considers
whether indicators of impairment exist. If an impairment
indicator exists, management evaluates the fair value of its
investment to determine if an, other-than-temporary
impairment in value has occurred. We are required to
recognize an impairment on the investment if such impairment
is considered to be other-than-temporary. We have not
recognized any impairment on this investment during the
fifty-three week period ended March 31, 2013.
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|
- Definition
The entire disclosure for investments accounted for under the cost-method. The carrying amount of such investments may be adjusted, for example, distributions in excess of cost (return of capital) or for other-than-temporary impairments. The cost method and lower-of-cost or market, an adaptation of the cost method, is generally followed for most investments in noncontrolled corporations, in some corporate joint ventures, and to a lesser extent in unconsolidated subsidiaries in which the entity does not have the ability to exercise significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 8 - Property and Equipment, Net
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Mar. 31, 2013
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| Property, Plant and Equipment Disclosure [Text Block] |
NOTE
H - PROPERTY AND EQUIPMENT, NET
Property
and equipment consists of the following:
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- Definition
The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 9 - Accrued Expenses, Other Current Liabilities and Other Liabilities
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| Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block] |
NOTE
I – ACCRUED EXPENSES, OTHER CURRENT LIABILITIES AND
OTHER LIABILITIES
Accrued
expenses and other current liabilities consist of the
following:
Other
liabilities consist of the following:
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- Definition
The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period. No definition available.
|
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Note 10 - Income Taxes
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| Income Tax Disclosure [Text Block] |
NOTE
J - INCOME TAXES
The
income tax provision (benefit) consists of the following for
the fiscal years ended March 31, 2013, March 25, 2012 and
March 27, 2011:
The
total income tax provision for the fiscal years ended March
31, 2013, March 25, 2012 and March 27, 2011 differs from the
amounts computed by applying the United States Federal income
tax rate of 34% to income before income taxes as a
result of the following:
The
tax effects of temporary differences that give rise to
significant portions of the deferred tax assets and deferred
tax liabilities are presented below:
A
valuation allowance is provided when it is more likely than
not that some portion, or all, of the deferred tax assets
will not be realized. We consider the level of historical
taxable income, scheduled reversal of temporary differences,
tax planning strategies and projected future taxable income
in determining whether a valuation allowance is warranted.
Based upon these considerations, management believes that it
is more likely than not that the Company will realize the
benefit of its net deferred tax asset of $825
and $1,216 at March 31, 2013 and March 25, 2012,
respectively.
The
following is a tabular reconciliation of the total amounts of
unrecognized tax benefits, excluding interest and penalties,
for the fiscal years ended March 31, 2013 and March 25,
2012.
The
amount of unrecognized tax benefits at March 31, 2013 and
March 25, 2012 was $296 and $422, respectively, all
of which would impact Nathan’s effective tax rate, if
recognized. As of March 31, 2013 and March 25,
2012, the Company had $337 and $356, respectively,
accrued for the payment of interest and penalties. For the
fiscal years ended March 31, 2013, March 25, 2012 and March
27, 2011 Nathan’s recognized interest and penalties in
the amounts of $46, $47, and $44, respectively. The Company
believes that it is reasonably possible that decreases in
unrecognized tax benefits of up to $34 may be recorded within
the next year.
Nathan’s
is subject to tax in the U.S. and various state and local
jurisdictions. During the fiscal year ended March 31, 2013,
the City of New York (“NYC”) completed its
examination of our tax returns for the tax years ended March
2008 through March 2010. In July 2012, Nathan’s
and NYC agreed to and settled the audit findings for $129,
including interest, an amount approximating the originally
proposed findings, which had previously been accrued in
Nathan’s consolidated financial statements for the
fiscal year ended March 25, 2012. Nathan’s tax returns
in the State of Florida fiscal years ended March 2008, March
2009 and March 2010 have been reviewed and the Commonwealth
of Massachusetts for the fiscal years ended March 2008, March
2009, March 2010 and March 2011 have also been reviewed. The
Florida and Massachusetts reviews were settled for
approximately $13 in the aggregate.
The
earliest tax years’ that are subject to examination by
taxing authorities by major jurisdictions are as
follows:
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- Definition
The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 11 - Stockholders' Equity, Stock Plans and Other Employee Benefit Plans
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| Compensation and Employee Benefit Plans [Text Block] |
NOTE
K – STOCKHOLDERS’ EQUITY, STOCK PLANS AND OTHER
EMPLOYEE BENEFIT PLANS
On September 14,
2010, the Company’s shareholders approved the
Nathan’s Famous, Inc. 2010 Stock Incentive Plan (the
“2010 Plan”), which provides for
the issuance of nonqualified stock options, restricted stock,
restricted stock units, stock appreciation rights and other
stock-based awards to directors, officers and key
employees. The Company was initially authorized to
issue up to 150,000 shares of common stock under the 2010
Plan, together with any shares which had not been previously
issued under the Company’s previous stock option plans
as of July 19, 2010 (171,000 shares), plus any
shares subject to any outstanding options or restricted stock
grants under the Company’s previous stock option plans
that were outstanding as of July 19, 2010 and that
subsequently expire unexercised, or are otherwise forfeited,
up to a maximum of an additional 100,000
shares. On September 13, 2012, the Company amended
the 2010 Plan increasing the number of shares available for
issuance by 250,000 shares. Shares to be issued under the
2010 Plan may be made available from authorized but unissued
stock, common stock held by the Company in its treasury, or
common stock purchased by the Company on the open market or
otherwise. The number of
shares issuable and the grant, purchase
or exercise price of outstanding awards are
subject to adjustment in the amount that the Company’s
Compensation Committee considers appropriate upon the
occurrence of certain events, including stock dividends,
stock splits, mergers, consolidations, reorganizations,
recapitalizations, or other capital adjustments. In the event
that the Company issues restricted stock awards pursuant to
the 2010 Plan, each share of restricted stock would reduce
the amount of available shares for issuance by either 3.2
shares for each share of restricted stock granted or 1 share
for each share of restricted stock granted. As of March 31,
2013, there were up to 343,500 shares available to be issued
for future option grants or up to 244,844 shares of
restricted stock may be granted under the 2010
Plan.
In
general, options granted under the Company’s stock
incentive plans have terms of five or ten years and vest over
periods of between three and five years. The Company has
historically issued new shares of common stock for options
that have been exercised and determined the grant date fair
value of options granted using the Black-Scholes option
valuation model.
During
the fiscal year ended March 31, 2013, the Company granted
50,000 shares of restricted stock at a fair value of $29.29
per share representing the closing price on the date of
grant, which will be fully vested four years from the date of
grant. Upon grant, 10,000 shares
vested immediately, and the restrictions on the
remaining 40,000 shares lapse ratably over a four-year period
as follows: 10,000 shares on November 1, 2013, 10,000 shares
on November 1, 2014, 10,000 shares on November 1, 2015 and
10,000 shares on November 1, 2016. No additional
stock-based awards were granted during the fiscal year ended
March 31, 2013.
During
the fiscal ended March 25, 2012, the Company granted options
to purchase 177,500 shares at an exercise price of $17.75 per
share, all of which expire five years from the date of grant.
All such stock options vest ratably over a four-year period
commencing June 6, 2011.
No
stock-based awards were granted during the fiscal year ended
March 27, 2011.
The
weighted-average option fair values, as determined using the
Black-Scholes option valuation model, and the assumptions
used to estimate these values for stock options granted were
as follows:
The
expected dividend yield is based on historical and projected
dividend yields. The Company estimates volatility based
primarily on historical monthly price changes of the
Company’s stock equal to the expected life of the
option. The risk free interest rate is based on the U.S.
Treasury yield in effect at the time of the grant. The
expected option term is the number of years the Company
estimates the options will be outstanding prior to exercise
based on expected employment termination behavior. 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:
The
tax benefit on stock-based compensation expense was $251,
$101 and $125 for the years ended March 31, 2013, March 25,
2012 and March 27, 2011, respectively. As of March
31, 2013, there was $1,552 of unamortized compensation
expense related to stock-based incentive
awards. The Company expects to recognize this
expense over approximately two years and five months, which
represents the weighted average remaining requisite service
periods for such awards.
A
summary of the status of the Company’s stock options at
March 31, 2013, March 25, 2012 and March 27, 2011 and changes
during the fiscal years then ended is presented in the tables
below:
During
the fiscal years ended March 31, 2013, March 25, 2012 and
March 27, 2011, options to purchase 192,500, 25,500 and
64,750 shares were exercised which aggregated proceeds of
$389, $65 and $208, respectively, to the Company. The
aggregate intrinsic values of the stock options exercised
during the fiscal years ended March 31, 2013, March 25, 2012
and March 27, 2011 was $3,523, $289 and $876
respectively.
The
following table summarizes information about outstanding
stock options at March 31, 2013:
Exercise
prices range from $3.81 to $17.75
Restricted
stock:
Transactions
with respect to restricted stock for the fiscal year ended
March 31, 2013 are as follows:
On
June 4, 2008, Nathan’s approved an amendment of its
then-existing shareholder rights plan (“Former Rights
Plan”) to accelerate the final expiration date of the
then-outstanding common stock purchase rights to June 4,
2008, thereby terminating the then-existing rights, as well
as the adoption of a new stockholder rights plan (the
“New Rights Plan”) under which all stockholders
of record as of June 5, 2008 received rights to purchase
shares of common stock (the “New Rights”). The
New Rights Plan replaced and updated its Former Rights
Plan.
The
New Rights were distributed as a dividend. Initially, the New
Rights will attach to, and trade with, the Company’s
common stock. Subject to the terms, conditions and
limitations of the New Rights Plan, the New 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 $30
(the “New Right Purchase Price”), each New 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 New 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 New Right
Purchase Price. The Company’s Board of Directors may
redeem the New Rights prior to the time they are triggered.
Upon adoption of the New Rights Plan, the Company reserved
16,589,516 shares of common stock for issuance upon exercise
of the New Rights. At March 31, 2013, the Company
reserved 5,191,618 shares of common stock, based upon the
closing market price per share on Friday, March 29, 2013 of
$42.50. The
New Rights will expire on June 5, 2013 unless earlier
redeemed or exchanged by the Company.
On
June 5, 2013, the New Rights Plan has been extended
until June 16, 2013, at which time it will expire in
accordance with its terms, thereby terminating the
then-existing rights issued in connection
therewith. 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”).
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. Certain synthetic interests in securities
created by derivative positions are treated as beneficial
ownership of the notional or other number of shares of
Company’s common stock underlying the synthetic
interest. 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 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.
Through
March 31, 2013, Nathan’s purchased a total of 4,579,563
shares of common stock at a cost of
approximately $53,398 pursuant to the various stock
repurchase plans previously authorized by the Board of
Directors. Of these repurchased shares, 88,077
shares were repurchased at a cost of $3,085 during the
year ended March 31, 2013.
On
November 3, 2009, Nathan’s Board of Directors
authorized its sixth stock repurchase plan for the purchase
of up to 500,000 shares of its common stock on behalf of the
Company. On February 1, 2011, Nathan’s Board of
Directors increased the authorization to purchase its common
stock by an additional 300,000 shares. The Company has
repurchased 480,604 shares at a cost of $9,792 under the
sixth stock repurchase plan and as of March 31, 2013, an
aggregate of 319,396 shares are remaining to be purchased.
Purchases under the existing stock repurchase plan 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 the stock
repurchase plan.
On
December 1, 2011, the Company’s Board of Directors
authorized the commencement of a modified dutch tender offer
to repurchase up to 500,000 shares of its common stock at a
price of not less than $20.00 nor greater than $22.00 per
share. The tender offer expired on January 12,
2012. Pursuant to the terms of the tender offer,
Nathan’s elected to purchase an additional 98,959
shares (within up to 2% of the outstanding shares of its
common stock). All such shares purchased in the tender were
purchased at the same price of $22.00 per
share. As such, Nathan’s accepted for
purchase an aggregate of 598,959 shares of its common stock,
at a purchase price of $22.00 per share, for a total cost of
$13,294, including fees and expenses related to the
tender.
Effective
January 1, 2007, Howard M. Lorber, previously Chairman of the
Board and Chief Executive Officer, assumed the newly-created
position of Executive Chairman of the Board of Nathan’s
and Eric Gatoff, previously Vice President and Corporate
Counsel, became Chief Executive Officer of
Nathan’s.
In
connection with the foregoing, the Company entered into an
employment agreement with each of Messrs. Lorber (as amended,
the “Lorber Employment Agreement”) and Gatoff (as
amended, the “Gatoff Employment
Agreement”). Under the terms of the Lorber
Employment Agreement, Mr. Lorber will serve as Executive
Chairman of the Board from January 1, 2007 until December 31,
2012, unless his employment is terminated in accordance with
the terms of the Lorber Employment Agreement. On November 1,
2012, the Company amended its employment agreement with Mr.
Lorber, extending the term of the employment agreement to
December 31, 2017 and increasing the base compensation of Mr.
Lorber to $600 per annum. In addition, Mr. Lorber received a
grant of 50,000 shares of restricted stock subject to vesting
as provided in a Restricted Stock Agreement between Mr.
Lorber and the Company. Mr. Lorber will not receive a
contractually-required bonus. The Lorber Employment Agreement
provides for a three-year consulting period after the
termination of employment during which Mr. Lorber will
receive a consulting fee of $200 per year in exchange for his
agreement to provide no less than 15 days of consulting
services per year, provided, Mr. Lorber is not required to
provide more than 50 days of consulting services per
year.
The
Lorber Employment Agreement provides Mr. Lorber with the
right to participate in employment benefits offered to other
Nathan’s executives. During and after the
contract term, Mr. Lorber is subject to certain
confidentiality, non-solicitation and non-competition
provisions in favor of the Company.
In
the event that Mr. Lorber’s employment is terminated
without cause, he is entitled to receive his salary and bonus
for the remainder of the contract term. The Lorber Employment
Agreement further provides that in the event there is a
change in control, as defined in the agreement, Mr. Lorber
has the option, exercisable within one year after such event,
to terminate the agreement. Upon such termination, he has the
right to receive a lump sum cash payment equal to the greater
of (A) his salary and annual bonuses for the remainder of the
employment term (including a prorated bonus for any partial
fiscal year), which bonus shall be equal to the average of
the annual bonuses awarded to him during the three fiscal
years preceding the fiscal year of termination; or (B) 2.99
times his salary and annual bonus for the fiscal year
immediately preceding the fiscal year of termination, in each
case together with a lump sum cash payment equal to the
difference between the exercise price of any exercisable
options having an exercise price of less than the then
current market price of the Company’s common stock and
such then current market price. In addition, Nathan’s
will provide Mr. Lorber with a tax gross-up payment to cover
any excise tax due.
In
the event of termination due to Mr. Lorber’s death or
disability, he is entitled to receive an amount equal to his
salary and annual bonuses for a three-year period, which
bonus shall be equal to the average of the annual bonuses
awarded to him during the three fiscal years preceding the
fiscal year of termination.
Under
the terms of the Gatoff Employment Agreement, Mr. Gatoff
initially served as Chief Executive Officer from
January 1, 2007 until December 31, 2008, which period
automatically extends for additional one-year periods unless
either party delivers notice of non-renewal no less than 180
days prior to the end of the term then in effect.
Consequently, the Gatoff Employment Agreement has been
extended through December 31, 2013, based on the original
terms, and no non-renewal notice has been given.
Pursuant
to the agreement, Mr. Gatoff will receive a base salary,
currently $350, and an annual bonus based on his performance
measured against the Company’s financial, strategic and
operating objectives as determined by the Compensation
Committee. The Gatoff Employment Agreement provides for an
automobile allowance and the right of Mr. Gatoff to
participate in employment benefits offered to other
Nathan’s executives. During and after the contract
term, Mr. Gatoff is subject to certain confidentiality,
non-solicitation and non-competition provisions in favor of
the Company. On June 4, 2013, Mr. Gatoff received a grant of
25,000 shares of restricted stock at a fair value of $49.80
per share representing the closing price on the date of
grant, subject to vesting as provided in a Restricted Stock
Agreement between Mr. Gatoff and the Company. The
compensation expense related to this restricted stock award
is expected to be $ 1,245 and will be recognized, commencing
of the grant date, over the next five years.
The
Company and its President and Chief Operating Officer entered
into an employment agreement on December 28, 1992 for a
period commencing on January 1, 1993 and ending on December
31, 1996. The employment agreement automatically
extends for successive one-year periods unless notice of
non-renewal is provided in accordance with the agreement.
Consequently, the employment agreement has been extended
annually through December 31, 2013, based on the original
terms, and no non-renewal notice has been
given. The agreement provides for annual
compensation, currently $289, plus certain other
benefits. In November 1993, the Company amended
this agreement to include a provision under which the officer
has the right to terminate the agreement and receive payment
equal to approximately three times annual compensation upon a
change in control, as defined.
Effective
May 31, 2007, the Company and its Executive Vice President
entered into a new employment agreement which provides for
annual compensation of $210 plus certain other benefits and
automatically renews annually unless 180 days prior written
notice is given to the employee. In connection with the
contemplated retirement of the Executive Vice President,
effective February 12, 2013, the Company and the Executive
Vice President agreed to amend the employment contract to
extend the expiration of the employment term from September
30, 2013 until February 12, 2014 and the Company purchased
his 67,619 shares of the Company’s common stock, $.01
par value at a purchase price of $36.87 per share which was
the closing price of the Company’s common stock as
reported on the Nasdaq Global Market on February 13,
2013. The amendment to the Employment Agreement
further provided that he will serve as a
consultant to the Company from February 13, 2014 until
February 12, 2015 and thereafter, at the discretion of the
Company, he may serve as a consultant for an additional one
year.
The
Company and one employee of Nathan’s entered into a
change of control agreement effective May 31, 2007 for annual
compensation of $136 per year. The agreement
additionally includes a provision under which the employee
has the right to terminate the agreement and receive payment
equal to approximately three times his annual compensation
upon a change in control, as defined.
Each
employment agreement terminates upon death or voluntary
termination by the respective employee or may be terminated
by the Company on up to 30-days’ prior written notice
by the Company in the event of disability or
“cause,” as defined in each agreement.
The
Company has a defined contribution retirement plan under
Section 401(k) of the Internal Revenue Code covering all
nonunion employees over age 21, who have been employed by the
Company for at least one year. Employees may
contribute to the plan, on a tax-deferred basis, up to 20% of
their total annual salary. Historically, the
Company has matched contributions at a rate of $.25 per
dollar contributed by the employee on up to a maximum of 3%
of the employee’s total annual
salary. Employer contributions for the fiscal
years ended March 31, 2013, March 25, 2012 and March 27, 2011
were $31, $30 and $30, respectively.
The
Company participates in a noncontributory, multi-employer,
defined benefit pension plan (the “Union Pan”)
covering substantially all of the Company’s
union-represented employees. The risks of
participating in the Union Plan is different from a
single-employer plan in the following aspects (a) assets
contributed to the Union Plan by one employer may be used to
provide benefits to employees of other participating
employers; (b) if a participating employer stops contributing
to the plan, the unfunded obligations of the plan may be
borne by the remaining participating employers; and (c) if
the Company chooses to stop participating in the Union Plan,
the Company may be required to pay the Union Plan an amount
based on the underfunded status of the Union Plan, referred
to as a withdrawal liability. The Company has no
plans or intentions to stop participating in the plan as of
March 31, 2013 and does not believe that there is a
reasonable possibility that a withdrawal liability will be
incurred. Contributions to the Union Plan were
$16, $19 and $20 for the fiscal years ended March 31, 2013,
March 25, 2012 and March 27, 2011, respectively.
The
Company provides, on a contributory basis, medical benefits
to active employees. The Company does not provide
medical benefits to retirees.
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| X | ||||||||||
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- Definition
The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. No definition available.
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Note 12 - Commitments and Contingencies
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Mar. 31, 2013
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| Commitments and Contingencies Disclosure [Text Block] |
NOTE
L - COMMITMENTS AND CONTINGENCIES
1. Commitments
The
Company’s operations are principally conducted in
leased premises. The leases generally have initial terms
ranging from 5 to 20 years and usually provide for renewal
options ranging from 5 to 20 years. Most of the
leases contain escalation clauses and common area maintenance
charges (including taxes and insurance).
As
of March 31, 2013, the
Company had non-cancelable operating lease commitments, net
of certain sublease rental income, as follows:
Aggregate
rental expense, net of sublease income, under all current
leases amounted to $1,102, $1,248 and $1,176 for the fiscal
years ended March 31, 2013, March 25, 2012 and March 27,
2011, respectively. Sublease rental income was
$353, $229 and $311 for the fiscal years ended March 31,
2013, March 25, 2012 and March 27, 2011, respectively.
Contingent
rental payments on building leases are typically made based
on the percentage of gross sales of the individual
restaurants that exceed predetermined levels. The
percentage of gross sales to be paid and related gross sales
level vary by unit. Contingent rental expense,
which is inclusive of common area maintenance charges, was
approximately $399, $151 and $165 for the fiscal years ended
March 31, 2013, March 25, 2012 and March 27, 2011,
respectively.
The
Company leases two sites which it in turn subleases to
franchisees, which expire on various dates through 2018
exclusive of renewal options. The Company remains liable for
all lease costs when properties are subleased to
franchisees.
The
Company also subleases a restaurant location to a third
party. This sublease provides for future minimum annual
rental payments by the Company aggregating approximately
$973 and expires in 2027 exclusive of renewal
options.
At
March 31, 2013, Nathan’s had open purchase commitments
for hot dogs at a total cost of $5,000 for purchase between
April and June 2013. The hot dogs to be purchased represent
approximately 51% of Nathan’s estimated usage during
the period of the commitment. Nathan’s may enter into
additional purchase commitments in the future as favorable
market conditions become available.
At
March 31, 2013, Nathan’s had open construction
contracts of approximately $2,000 in connection with the
rebuilding of the Coney Island restaurant.
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.
The
Company is also involved in the following legal
proceeding:
The
Company is party to a License Agreement with SMG, Inc.
(“SMG”) dated as of February 28, 1994, as amended
(the “License Agreement”) pursuant to which: (i)
SMG acts as the Company’s exclusive licensee for the
manufacture, distribution, marketing and sale of packaged
Nathan’s Famous frankfurter product at supermarkets,
club stores and other retail outlets in the United States;
and (ii) the Company has the right, but not the obligation,
to require SMG to produce frankfurters for the Nathan’s
Famous restaurant system and Branded Product Program.
On
July 31, 2007, the Company provided notice to SMG that the
Company has elected to terminate the License Agreement,
effective July 31, 2008 (the “Termination Date”),
due to SMG’s breach of certain provisions of the
License Agreement. SMG has disputed that a breach has
occurred and has commenced, together with certain of its
affiliates, an action in state court in Illinois seeking,
among other things, a declaratory judgment that SMG did not
breach the License Agreement. The Company filed its own
action on August 2, 2007, in New York State court seeking a
declaratory judgment that SMG has breached the License
Agreement and that the Company has properly terminated the
License Agreement. On January 23, 2008, the New York court
granted SMG’s motion to dismiss the Company’s
case in New York on the basis that the dispute was already
the subject of a pending lawsuit in Illinois. The
Company answered SMG’s complaint in Illinois and
asserted its own counterclaims which seek, among other
things, a declaratory judgment that SMG did breach the
License Agreement and that the Company has properly
terminated the License Agreement. On July 31, 2008, SMG and
Nathan’s entered into a Stipulation pursuant to which
Nathan’s agreed that it would not effectuate the
termination of the License Agreement on the grounds alleged
in the present litigation until such litigation has been
successfully adjudicated, and SMG agreed that in such event,
Nathan’s shall have the option to require SMG to
continue to perform under the License Agreement for an
additional period of up to six months to ensure an orderly
transition of the business to a new
licensee/supplier. On June 30, 2009, SMG and
Nathan’s each filed motions for summary
judgment. Both motions for summary judgment were
ultimately denied on February 25, 2010.
On
January 28, 2010, SMG filed a motion for leave to file a
Second Amended Complaint and Amended Answer, which sought to
assert new claims and affirmative defenses based on
Nathan’s alleged breach of the parties’ License
Agreement in connection with the manner in which
Nathan’s profits from the sale of its proprietary
seasonings to SMG. On February 25, 2010, the court
granted SMG’s motion for leave, and its Second Amended
Complaint and Amended Answer were filed with the
court. On March 29, 2010, Nathan’s filed an
answer to SMG’s Second Amended Complaint, which denied
substantially all of the allegations in the
complaint. On September 17, 2010, SMG filed a
motion for summary judgment with respect to the claims
relating to the sale of Nathan’s proprietary seasonings
to SMG. On October 5, 2010, Nathan’s filed
an opposition to SMG’s motion for summary judgment, and
itself cross-moved for summary judgment. A trial
on the claims relating to Nathan’s termination of the
License Agreement took place between October 6 and October
13, 2010. Oral argument on the claims relating to
the sale of Nathan’s proprietary seasonings took place
prior to the start of the trial. On October 13,
2010, an Order was entered with the Court denying
Nathan’s cross-motion and granting SMG’s motion
for summary judgment with respect to SMG’s claims
relating to the sale of Nathan’s proprietary seasonings
to SMG. On December 17, 2010, the Court ruled that
Nathan’s was not entitled to terminate the License
Agreement. On January 19, 2011, the parties
submitted an agreed upon order which, among other things,
assessed damages against Nathan’s of approximately $4.9
million inclusive of pre-judgment interest, which has been
accrued in the accompanying consolidated financial
statements. The final judgment was entered on
February 4, 2011. On March 4, 2011, Nathan's filed
a notice of appeal seeking to appeal the final
judgment. In order to secure the final judgment
pending an appeal, on March 31, 2011, Nathan's entered into a
Security Agreement with SMG and Blocked Deposit Account
Agreement with SMG and Citibank, N.A., as described in Note
D. On April 7, 2011, the Court entered a stipulation and
order which granted a stay of enforcement of the
Judgment.
Nathan’s
filed an appellate brief with the Appellate Court of
Illinois, First Judicial District, on August 8, 2011. In
response, SMG filed an opposition appellate brief on October
21, 2011. Nathan’s filed a reply brief on
November 14, 2011. On December 11, 2012, the Court
heard oral arguments. On January 25, 2013, the Appellate
Court affirmed the trial court’s ruling. On February
15, 2013, Nathan’s filed a Petition for Re-hearing
which was denied on February 27, 2013. On April 3,
2013, Nathan’s filed a Petition for Leave to Appeal
with the Illinois Supreme Court. The filing of this
petition stays enforcement of the associated
judgments.
On
December 1, 2009, a wholly-owned subsidiary of the Company
executed a Guaranty of Lease in connection with its
re-franchising of a restaurant located in West Nyack, New
York. The Guaranty of Lease could be called upon
in the event of a default by the
tenant/franchisee. The guaranty extends through
the fifth Lease Year, as defined in the lease, and shall not
exceed an amount equal to the highest amount of the annual
minimum rent, percentage rent and any additional rent payable
pursuant to the lease and reasonable attorney’s fees
and other costs. Nathan’s has recorded a
liability of $228 in connection with this guaranty, which
does not include potential real estate tax increases and
attorney’s fees and other costs as these amounts are
not reasonably determinable at this time. Nathan’s has
not made any payments pursuant to this guaranty. In
connection with the Nathan’s Franchise Agreement,
Nathan’s has received a personal guaranty from the
franchisee for all obligations under the lease.
On
October 29, 2012, Hurricane Sandy struck the Northeastern
United States, which forced the closing of all of the
Company-owned restaurants. Seventy-eight franchised
restaurants, including 18 Branded Menu locations, were closed
for varying periods of time, one of which remain closed. Our
flagship Coney Island restaurant and our Coney Island
Boardwalk restaurant remained closed as a result of the
storm. Our Company-owned restaurant in Oceanside, New York
was closed for approximately two weeks. The Coney
Island Boardwalk restaurant sustained minor damage and
re-opened on March 18, 2013. The Coney Island restaurant
incurred significant damage and was re-opened on May 20,
2013. As a result of these damages, through March 31, 2013,
the company has incurred actual losses of approximately
$1,197, inclusive of amounts written off of $449 related to
destroyed or damaged property and equipment and $42 of
unsalable inventories, and expects to incur approximately
$100 to $200 of additional losses in future periods relating
to ongoing operational and remediation costs incurred until
the restaurant reopens. We believe that we
maintain adequate insurance coverage between the flood and
property insurance policies to cover the cost of reparations
and recover lost profits and ongoing costs incurred under our
business interruption insurance policy.
As
of March 31, 2013, the Company received non-refundable
payments of $1,026 from our insurer towards the settlement of
the Company’s property and casualty
losses. The Company has charged these payments
against the value of the assets that have been destroyed and
certain repair and clean-up costs
incurred. As of March 31, 2013, the
remaining unutilized insurance advance of approximately $130
is included in accrued expenses and other current liabilities
in the accompanying balance sheet. In addition,
the Company has recorded approximately $301 for reimbursable
on-going business expenses incurred while the restaurant is
closed as a reduction in the related expenses and is included
in accounts and other receivables in the accompanying balance
sheet as the realization of the claim for loss recovery has
been deemed to be probable.
During
the first quarter of fiscal 2014, Nathan’s settled the
property claim with its insurance carriers received
approximately $3.4 million, net of fees, and used these
proceeds towards the rebuilding of the restaurant.
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| X | ||||||||||
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- Definition
The entire disclosure for commitments and contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 13 - Related Party Transactions
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12 Months Ended |
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Mar. 31, 2013
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| Related Party Transactions Disclosure [Text Block] |
NOTE
M - RELATED PARTY TRANSACTIONS
An
accounting firm of which Charles Raich, who serves on
Nathan’s Board of Directors, serves as Managing
Partner, received ordinary tax preparation and other
consulting fees of $136, $127 and $140 for the fiscal years
ended March 31, 2013, March 25, 2012 and March 27, 2011,
respectively.
A
firm to which Mr. Lorber is as an investor (and, prior to
January 2012, a consultant), and the firm’s affiliates,
received ordinary and customary insurance commissions
aggregating approximately $25, $26 and $25 for the fiscal
years ended March 31, 2013, March 25, 2012 and March 27,
2011, respectively.
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| X | ||||||||||
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- Definition
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 14 - Quarterly Financial Information (Unaudited)
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Mar. 31, 2013
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| Quarterly Financial Information [Text Block] |
NOTE
N - QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
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| X | ||||||||||
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- Definition
The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Schedule II - Valuation and Qualifying Accounts
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Mar. 31, 2013
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| Schedule of Valuation and Qualifying Accounts Disclosure [Text Block] |
SCHEDULE
II - VALUATION AND QUALIFYING ACCOUNTS
March
31, 2013, March 25, 2012 and March 27, 2011
(in
thousands)
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| X | ||||||||||
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- Definition
The entire disclosure for any allowance and reserve accounts (their beginning and ending balances, as well as a reconciliation by type of activity during the period). Alternatively, disclosure of the required information may be within the footnotes to the financial statements or a supplemental schedule to the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Accounting Policies, by Policy (Policies)
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Mar. 31, 2013
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| Consolidation, Policy [Policy Text Block] | Principles
of Consolidation
The
consolidated financial statements include the accounts of the
Company and all of its wholly-owned
subsidiaries. All significant inter-company
balances and transactions have been eliminated in
consolidation. |
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| Fiscal Period, Policy [Policy Text Block] | Fiscal
Year
The
Company’s fiscal year ends on the last Sunday in March,
which results in a 52 or 53-week reporting
period. The results of operations and cash flows
for the fiscal year ended March 31, 2013, contained 53 weeks.
The results of operations and cash flows for the fiscal years
ended March 28, 2012, and March 27, 2011 contained 52
weeks. |
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| Use of Estimates, Policy [Policy Text Block] | Use
of Estimates
The
preparation of financial statements in conformity with
accounting principles generally accepted in the United States
of America requires management to make estimates and
assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and
liabilities at the date of the financial statements and the
reported amounts
of
revenues and expenses during the reporting
period. Actual results could differ from those
estimates.
Significant
estimates made by management in preparing the consolidated
financial statements include revenue recognition, the
allowance for doubtful accounts, valuation of stock-based
compensation, accounting for income taxes, and the valuation
of goodwill, intangible assets and other long-lived
assets. |
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| Cash and Cash Equivalents, Policy [Policy Text Block] | Cash
and Cash Equivalents
The
Company considers all highly liquid instruments purchased
with an original maturity of three months or less to be cash
equivalents. Cash equivalents amounted
to $172 and $92 at
March 31, 2013 and March 25, 2012, respectively.
Substantially all of the Company’s cash and cash
equivalents are in excess of government insurance. |
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| Finance, Loans and Leases Receivable, Policy [Policy Text Block] | Note
Receivable
During
the fiscal year ended March 27, 2011, the Company recognized
an impairment charge of $263 on a then-existing note
receivable from the sale of a formerly wholly owned
subsidiary Miami Subs Corp. During the fiscal year ended
March 25, 2012, the note receivable was sold and the Company
received total proceeds of $900. |
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| Inventory, Policy [Policy Text Block] | Inventories
Inventories,
which are stated at the lower of cost or market value,
consist primarily of food items and supplies. Inventories
also include equipment and marketing items in connection with
the Branded Product Program. Cost is determined
using the first-in, first-out method. |
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| Marketable Securities, Policy [Policy Text Block] | Marketable
Securities
The
Company determines the appropriate classification of
securities at the time of purchase and reassesses the
appropriateness of the classification at each reporting date.
At March 31, 2013 and March 25, 2012, all marketable
securities held by the Company have been classified as
available-for-sale and, as a result, are stated at fair
value, based upon quoted market prices for similar assets as
determined in active markets or model-derived valuations in
which all significant inputs are observable for substantially
the full-term of the asset, with unrealized gains and losses
included as a component of accumulated other comprehensive
income. Realized gains and losses on the sale of securities
are determined on a specific identification basis. Interest
income is recorded when it is earned and deemed realizable by
the Company. |
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| Property, Plant and Equipment, Policy [Policy Text Block] | Property
and Equipment
Property
and equipment are stated at cost less accumulated
depreciation and amortization. Major improvements are
capitalized and minor replacements, maintenance and repairs
are charged to expense as incurred. Depreciation and
amortization are calculated on the straight-line basis over
the estimated useful lives of the
assets. Leasehold improvements are amortized over
the shorter of the estimated useful life or the lease term of
the related asset. The estimated useful lives are as
follows:
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| Goodwill and Intangible Assets, Policy [Policy Text Block] | Goodwill and Intangible Assets
Goodwill
and intangible assets consist of (i) goodwill of $95
resulting from the acquisition of Nathan’s in 1987; and
(ii) trademarks, trade names and other intellectual property
of $1,353 in connection with Arthur Treacher’s.
The
Company’s goodwill and intangible assets are deemed to
have indefinite lives and, accordingly, are not amortized,
but are evaluated for impairment at least annually, but more
often whenever changes in facts and circumstances occur which
may indicate that the carrying value may not be recoverable.
As of March 31, 2013 and March 25, 2012, the Company
performed its required annual impairment test of goodwill and
intangible assets and has determined no impairment is deemed
to exist. |
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| Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] | Long-lived Assets
Long-lived
assets are reviewed for impairment whenever events or changes
in circumstances indicate that the carrying value may not be
recoverable. Impairment is measured by comparing
the carrying value of the long-lived assets to the estimated
undiscounted future cash flows expected to result from use of
the assets and their ultimate disposition. In
instances where impairment is determined to exist, the
Company writes down the asset to its fair value based on the
present value of estimated future cash flows.
Impairment
losses are recorded on long-lived assets on a
restaurant-by-restaurant basis whenever impairment factors
are determined to be present. The Company
considers a history of restaurant operating losses to be its
primary indicator of potential impairment for individual
restaurant locations. As result of Hurricane
Sandy, our Coney Island restaurant sustained significant
damage and was considered temporarily impaired for purposes
of this analysis. The restaurant was fully repaired and
re-opened on May 20, 2013. No units were deemed impaired
during the fiscal years ended March 31, 2013, March 25, 2012
and March 27, 2011. |
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| Fair Value of Financial Instruments, Policy [Policy Text Block] | Fair
Value of Financial Instruments
Fair
value is defined as the price that would be received to sell
an asset or paid to transfer a liability in an orderly
transaction between market participants at the measurement
date (an exit price).
The
fair value hierarchy, as outlined in the applicable
accounting guidance, is based on inputs to valuation
techniques that are used to measure fair value that are
either observable or unobservable. Observable inputs
reflect assumptions market participants would use in pricing
an asset or liability based on market data obtained from
independent sources while unobservable inputs reflect a
reporting entity’s pricing based upon their own market
assumptions.
The
fair value hierarchy consists of the following three
levels
The
use of observable market inputs (quoted market prices) when
measuring fair value and, specifically, the use of
Level 1 quoted prices to measure fair value are required
whenever possible. The determination of where an
asset or liability falls in the hierarchy requires
significant judgment. The Company evaluates its
hierarchy disclosures annually and based on various factors,
it is possible that an asset or liability may be classified
differently from year to year.
The
following table present assets and liabilities measured at
fair value on a recurring basis as of March 31, 2013 and
March 25, 2012 based upon the valuation hierarchy:
Nathan’s
marketable securities, which consist primarily of municipal
bonds, are not actively traded. The valuation of
such bonds is based upon quoted market prices for similar
bonds currently trading in an active market or
model-derived valuations in which all significant inputs
are observable for substantially the full term of the
asset.
It
was not practicable to estimate the fair value of the
long-term investment, without incurring excessive costs,
representing 2.5% of the equity ownership of a
privately-owned company; that investment is carried at its
original cost of $500 in the accompanying consolidated
balance sheets. At March 31, 2013, the total
assets reported by the privately-owned company were $2,426,
total equity was $1,817, total revenues for the quarter
then-ended were $616 and net loss was $528.
The
carrying amounts of cash equivalents, accounts receivable
and accounts payable approximate fair value due to the
short-term maturity of the instruments.
The
majority of the Company’s non-financial assets and
liabilities are not required to be carried at fair value on a
recurring basis. However, the Company is required
on a non-recurring basis to use fair value measurements when
analyzing asset impairment as it relates to goodwill and
other indefinite-lived intangible assets and long-lived
assets. The Company utilized the income approach (Level 3
inputs) which utilized cash flow forecasts for future income
and were discounted to present value in performing its annual
impairment testing of intangible assets. For its annual
goodwill impairment testing, the Company utilized an income
approach (Level 3 inputs) |
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| Start-up Activities, Cost Policy [Policy Text Block] | Start-up
Costs
Pre-opening
and similar restaurant costs are expensed as incurred. |
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| Revenue Recognition, Policy [Policy Text Block] | Revenue Recognition
- Branded Product Program
The
Company recognizes sales from the Branded Product Program and
certain products sold from the Branded Menu Program when it
is determined that the products the Company has sold have
been delivered via third party common carrier to
Nathan’s customers. Rebates provided to customers are
classified as a reduction to sales.
14. Revenue
Recognition - Company-owned Restaurants
Sales
by Company-owned restaurants, which are typically paid in
cash or credit card by the customer, are recognized upon the
performance of services. Sales are presented net of sales
tax.
15. Revenue
Recognition - Franchising Operations
In
connection with its franchising operations, the Company
receives initial franchise fees, development fees, royalties,
and in certain cases, revenue from sub-leasing restaurant
properties to franchisees.
Franchise
and area development fees, which are typically received prior
to completion of the revenue recognition process, are
initially recorded as deferred revenue. Initial franchise
fees, which are non-refundable, are recognized as income when
substantially all services to be performed by Nathan’s
and conditions relating to the sale of the franchise have
been performed or satisfied, which generally occurs when the
franchised restaurant commences operations.
The
following services are typically provided by the Company
prior to the opening of a franchised restaurant:
At
March 31, 2013 and March 25, 2012, $278 and $123,
respectively, of deferred franchise fees are included in the
accompanying consolidated balance sheets. For the fiscal
years ended March 31, 2013, March 25, 2012 and March 27,
2011, the Company earned franchise fees of $852, $920, and
$663, respectively, from new unit openings, transfers,
co-branding and forfeitures.
Development
fees are nonrefundable and the related agreements require the
franchisee to open a specified number of restaurants in the
development area within a specified time period or the
agreements may be canceled by the Company. Revenue
from development agreements is deferred and shall be
recognized, with an appropriate provision for estimated
uncollectable amounts, when all material services or
conditions to the sale have been substantially performed by
the franchisor.
If
substantial obligations under the development agreement are
not dependent on the number of individual franchise locations
to be opened, substantial performance shall be determined
using the same criteria applicable to individual franchise,
which is generally the opening of the first location pursuant
to the development agreement. If substantial performance is
dependent on the number of locations, then the development
fee is deferred and recognized ratably over the term of the
agreement, as restaurants in the development area commence
operations on a pro rata basis to the minimum number of
restaurants required to be open, or at the time the
development agreement is effectively canceled. At March 31,
2013 and March 25, 2012, $452 and $603, respectively, of
deferred development fee revenue is included in other
liabilities in the accompanying consolidated balance
sheets.
The
following is a summary of franchise openings and closings for
the Nathan’s franchise restaurant system for the fiscal
years ended March 31, 2013, March 25, 2012 and March 27,
2011:
The
Company recognizes franchise royalties on a monthly basis,
which are generally based upon a percentage of sales made by
the Company’s franchisees, when they are earned and
deemed collectible. The Company recognizes royalty revenue
from its Branded Menu Program directly from the sale of
Nathan’s products by its primary distributor or
directly from the manufacturers.
Franchise
fees and royalties that are not deemed to be collectible are
not recognized as revenue until paid by the franchisee or
until collectibility is deemed to be reasonably
assured.
Revenue
from sub-leasing properties is recognized in income as the
revenue is earned and deemed
collectible. Sub-lease rental income is presented
net of associated lease costs in the accompanying
consolidated statements of earnings.
16.
Revenue Recognition – License Royalties
The
Company earns revenue from royalties on the licensing of the
use of its intellectual property in connection with on
certain products produced and sold by outside
vendors. The use of the Company's intellectual
property must be approved by the Company prior to each
specific application to ensure proper quality and project a
consistent image. Revenue from license royalties
is recognized on a monthly basis when it is earned and deemed
collectible. |
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| Concentration Risk, Credit Risk, Policy [Policy Text Block] | Business Concentrations and Geographical
Information
The
Company’s accounts receivable consist principally of
receivables from franchisees for royalties and advertising
contributions, from sales under the Branded Product Program,
and from royalties from retail licensees. At March
31, 2013, one retail licensee and three Branded Product
customers each represented 18%, 16%, 11% and 10%,
respectively, of accounts receivable. At March 25, 2012, one
retail licensee and three Branded Product customers each
represented 19%, 14%, 13% and 12%, respectively, of accounts
receivable. One Branded Products customer accounted for 12%
of total revenue for the year ended March 31, 2013. No
franchisee, retail licensee or Branded Product customer
accounted for 10% or more of total revenues during the fiscal
years ended March 25, 2012 and March 27, 2011.
The
Company’s primary supplier of hot dogs
represented 82%, 79%
and 75% of product purchases for the fiscal years ended March
31, 2013, March 25, 2012 and March 27, 2011,
respectively. The Company’s distributor of
products to its Company-owned restaurants
represented 7%, 8% and 9% of product purchases for the
fiscal years ended March 31, 2013, March 25, 2012 and March
27, 2011, respectively.
The
Company’s revenues for the fiscal years ended March 31,
2013, March 25, 2012 and March 27, 2011 were derived from the
following geographic areas:
The
Company’s sales for the fiscal years ended March 31,
2013, March 25, 2012 and March 27, 2011 were derived from the
following:
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| Advertising Costs, Policy [Policy Text Block] | Advertising
The Company
administers an advertising fund on behalf of its franchisees
to coordinate the marketing efforts of the Company. Under
this arrangement, the Company collects and disburses fees
paid by manufacturers, franchisees and Company-owned stores
for national and regional advertising, promotional and public
relations programs. Contributions to the advertising fund are
based on specified percentages of net sales, generally
ranging up to 2%. Net Company-owned store advertising
expense, which is expensed as incurred, was $144, $227, and
$233, for the fiscal years ended March 31, 2013, March 25,
2012 and March 27, 2011, respectively, and have been included
within restaurant operating expenses in the accompanying
consolidated statements of earnings. |
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| Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block] | Stock-Based
Compensation
At
March 31, 2013, the Company had one stock-based compensation
plan in effect which is more fully described in Note
K.
The
cost of all share-based payments, including grants of
restricted stock and stock options, is recognized in the
financial statements based on their fair values measured at
the grant date, or the date of any later modification, over
the requisite service period. The Company recognizes
compensation cost for unvested stock awards on a
straight-line basis over the requisite vesting period. |
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| Cost of Sales, Policy [Policy Text Block] | Classification of Operating Expenses
Cost
of sales consists of the following:
Restaurant
operating expenses consist of the following:
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| Income Tax, Policy [Policy Text Block] | Income
Taxes
The
Company’s current provision for income taxes is based
upon its estimated taxable income in each of the
jurisdictions in which it operates, after considering the
impact on taxable income of temporary differences resulting
from different treatment of items for tax and financial
reporting purposes. Deferred tax assets and liabilities are
recognized for the future tax consequences attributable to
differences between the financial statement carrying amounts
of existing assets and liabilities and their respective tax
bases and any operating loss or tax credit
carryforwards. Deferred tax assets and liabilities
are measured using enacted tax rates expected to apply to
taxable income in the year in which those temporary
differences are expected to be recovered or settled. The
ultimate realization of deferred tax assets is dependent upon
the generation of future taxable income in those periods in
which temporary differences become
deductible. Should management determine that it is
more likely than not that some portion of the deferred tax
assets will not be realized, a valuation allowance against
the deferred tax assets would be established in the period
such determination was made. |
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| Income Tax Uncertainties, Policy [Policy Text Block] | Uncertain
Tax Positions
The
Company has recorded liabilities for underpayment of income
taxes and related interest and penalties for uncertain tax
positions based on the determination of whether tax benefits
claimed or expected to be claimed on a tax return should be
recorded in the financial statements. The Company
may recognize the tax benefit from an uncertain tax position
only if it is more likely than not that the tax position will
be sustained on examination by the taxing authorities based
on the technical merits of the position. The tax
benefits recognized in the financial statements from such
position should be measured based on the largest benefit that
has a greater than fifty percent likelihood of being realized
upon ultimate settlement. Nathan’s
recognizes accrued interest and penalties associated with
unrecognized tax benefits as part of the income tax
provision. |
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| New Accounting Pronouncements, Policy [Policy Text Block] | Adoption of New
Accounting Pronouncements
In
February 2013, the Financial Accounting Standards Board,
(“FASB”) issued final guidance for new
presentation requirements for reclassifications out of
accumulated other comprehensive income and to resolve certain
cost/benefit concerns related to reporting reclassification
adjustments. This guidance provides entities with two basic
options for reporting the effect of significant
reclassifications - either 1) on the face of the statement
where net income is presented or 2) as a separate footnote
disclosure. Public entities will report reclassifications in
both annual and interim periods. For
public entities, the new guidance is effective prospectively
for annual and interim for reporting periods beginning after
December 15, 2012 which for Nathan’s was the fourth
quarter of its fiscal year ended March 31, 2013. The adoption
of this new guidance did not have a material impact on the
results of operations or financial position.
In
July 2012, the FASB issued new accounting guidance on testing
indefinite-lived intangible assets for impairment. The new
guidance provides the entity with the option to first perform
a qualitative assessment to determine whether it is more
likely than not that the fair value of an indefinite-lived
asset is less than its carrying value. If it is not, then no
further analysis is required otherwise then the previously
required quantitative testing is required. The new guidance
is effective for annual and interim impairment tests
performed for fiscal years beginning after September 15,
2012, which for Nathan’s will be the first quarter of
its fiscal 2014. Early adoption is permitted. We do not
expect the adoption of this new guidance to have a material
impact on the results of operations or financial
position.
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. |
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- Definition
Disclosure of accounting policy for advertising costs. For those costs that cannot be capitalized, discloses whether such costs are expensed as incurred or the first period in which the advertising takes place. For direct response advertising costs that are capitalized, describes those assets and the accounting policy used, including a description of the qualifying activity, the types of costs capitalized and the related amortization period. An entity also may disclose its accounting policy for cooperative advertising arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for credit risk. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for recognition of costs in the period which correspond to the sales and revenue categories presented in the statement of operations. The accounting policy may include the amount and nature of costs incurred, provisions associated with inventories, purchase discounts, freight and other costs included in cost of sales incurred and recorded in the period. This disclosure also includes the nature of costs of sales incurred and recorded in the statement of operations for the period relating to transactions with related parties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for determining the fair value of financial instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for finance, loan and lease receivables, including those held for investment and those held for sale. This disclosure may include (1) the basis at which such receivables are carried in the entity's statements of financial position (2) how the level of the allowance for loan and lease losses is determined (3) when impairments, charge-offs or recoveries are recognized for such receivables (4) the treatment of origination fees and costs, including the amortization method for net deferred fees or costs (5) the treatment of any premiums or discounts or unearned income (6) the entity's income recognition (revenues, expenses and gains and losses arising from committing to issue, issuing, granting, collecting, terminating, modifying and holding loans) policies for such receivables, including those that are impaired, past due or placed on nonaccrual status and (7) the treatment of foreclosures or repossessions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for determining an entity's fiscal year or other fiscal period. This disclosure may include identification of the fiscal period end-date, the length of the fiscal period, any reporting period lag between the entity and its subsidiaries, or equity investees. If a reporting lag exists, the closing date of the entity having a different period end is generally noted, along with an explanation of the necessity for using different closing dates. Any intervening events that materially affect the entity's financial position or results of operations are generally also disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for goodwill and intangible assets. This accounting policy also may address how an entity assesses and measures impairment of goodwill and intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for recognizing and measuring the impairment of long-lived assets. An entity also may disclose its accounting policy for long-lived assets to be sold. This policy excludes goodwill and intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for tax positions taken in the Company's tax return filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of contingencies related to income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for major classes of inventories, bases of stating inventories (for example, lower of cost or market), methods by which amounts are added and removed from inventory classes (for example, FIFO, LIFO, or average cost), loss recognition on impairment of inventories, and situations in which inventories are stated above cost. If inventory is carried at cost, this disclosure includes the nature of the cost elements included in inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for investments in debt and equity securities that have readily determinable fair values (marketable securities). At a minimum, the disclosure might address accounting policies for investments classified as trading, available for sale, or held to maturity and may include how the entity determines whether impairments of available for sale or held to maturity investments are other than temporary, how the fair values of the entity's securities are determined, and the entity's accounting treatment for transfers between investment categories. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of the adoption of new accounting pronouncements that may impact the entity's financial reporting. No definition available.
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- Definition
Disclosure of accounting policy for property, plant and equipment which may include the basis of such assets, depreciation methods used and estimated useful lives, the entity's capitalization policy, including its accounting treatment for costs incurred for repairs and maintenance activities, whether such asset balances include capitalized interest and the method by which such is calculated, how disposals of such assets are accounted for and how impairment of such assets is assessed and recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for start-up costs. Start-up activities include those one-time activities related to opening a new facility, introducing a new product or service, conducting business in a new territory, conducting business with a new class of customer or beneficiary, initiating a new process in an existing facility, or commencing some new operation. Start-up activities include activities related to organizing a new entity (commonly referred to as organization costs). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 2 - Summary of Significant Accounting Policies (Tables)
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Mar. 31, 2013
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| Property, Plant and Equipment [Table Text Block] |
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| Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] |
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| Schedule of Franchisor Disclosure [Table Text Block] |
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| Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block] |
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| Revenue from External Customers by Products and Services [Table Text Block] |
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- Definition
Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of franchisors that are included in the discussion of the nature of an entity's operations. No definition available.
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- Definition
Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 3 - Income Per Share (Tables)
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12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
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| Schedule of Earnings Per Share Reconciliation [Table Text Block] |
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- Definition
Tabular disclosure of the reconciliation of basic net earnings per share (or unit) to diluted earnings per share (or unit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 5 - Marketable Securities (Tables)
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
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| Schedule of Available-for-sale Securities Reconciliation [Table Text Block] |
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| Investments Classified by Contractual Maturity Date [Table Text Block] |
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| Realized Gain (Loss) on Investments [Table Text Block] |
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- Definition
Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. No definition available.
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| X | ||||||||||
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- Definition
Tabular disclosure of realized gains and losses on investments reported in the statement of income. No definition available.
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| X | ||||||||||
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- Definition
Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. No definition available.
|
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Note 6 - Accounts and Other Receivables, Net (Tables)
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
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| Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] |
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| Schedule of Credit Losses for Financing Receivables, Current [Table Text Block] |
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- Definition
Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of credit losses for current financing receivables (such as trade and accounts receivable), including a rollforward of the balance. An alternative caption includes allowance for doubtful accounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 8 - Property and Equipment, Net (Tables)
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12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
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| Schedule of Property, Plant and Equipment Carrying Value [Table Text Block] |
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- Definition
Tabular disclosure of the gross and net amount of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. No definition available.
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Note 9 - Accrued Expenses, Other Current Liabilities and Other Liabilities (Tables)
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Mar. 31, 2013
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| Schedule of Accrued Liabilities [Table Text Block] |
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| Schedule of Other Assets and Other Liabilities [Table Text Block] |
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- Definition
Tabular disclosure of the components of accrued liabilities. No definition available.
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- Definition
Tabular disclosure of other assets and other liabilities not separately disclosed on the balance sheet. No definition available.
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Note 10 - Income Taxes (Tables)
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12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
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| Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
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| Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
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| Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
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| Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
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| Summary of Income Tax Examinations [Table Text Block] |
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| X | ||||||||||
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- Definition
Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the change in unrecognized tax benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of income tax examinations that an enterprise is currently subject to or that have been completed in the current period typically including a description of the examination, the jurisdiction conducting the examination, the tax year(s) under examination, the likelihood of an unfavorable settlement, the range of possible losses, the liability recorded, the increase or decrease in the liability from the prior period, and any penalties and interest that have been recorded. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 11 - Stockholders' Equity, Stock Plans and Other Employee Benefit Plans (Tables)
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Mar. 31, 2013
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| Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
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| Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block] |
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| Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
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| Schedule of Share-based Compensation, Activity [Table Text Block] |
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| Schedule of Nonvested Restricted Stock Units Activity [Table Text Block] |
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- Definition
Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the changes in outstanding nonvested restricted stock units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of share-based compensation plans that may be presented in a single table for outstanding, vested and expected to vest, and exercisable awards. The information that may be disclosed in this table may include, but is not limited to, number of shares, weighted average exercise price, weighted average remaining contractual life, and aggregate intrinsic value. No definition available.
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- Definition
Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 12 - Commitments and Contingencies (Tables)
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 25, 2012
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| Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] |
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- Definition
Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 14 - Quarterly Financial Information (Unaudited) (Tables)
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
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| Schedule of Quarterly Financial Information [Table Text Block] |
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| X | ||||||||||
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- Definition
Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 1 - Description and Organization of Business (Detail)
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Mar. 31, 2013
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|---|---|
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Entity Operated Units [Member]
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| Number of Restaurants | 5 |
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Company Owned, Seasonal Location [Member]
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| Number of Restaurants | 1 |
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Restaurants Being Redeveloped [Member]
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| Number of Restaurants | 2 |
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Franchised Units [Member]
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| Number of Restaurants | 303 |
| X | ||||||||||
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- Definition
Represents the number of restaurants. No definition available.
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| X | ||||||||||
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- Definition
The percentage of ownership of common stock in the entity accounted for under the cost method of accounting. No definition available.
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| X | ||||||||||
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- Definition
The amount of assets reported by a cost method investment of the entity. No definition available.
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| X | ||||||||||
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- Definition
Amount of equity, including noncontrolling interest, reported by a cost method investment of the entity. No definition available.
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| X | ||||||||||
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- Definition
The amount of net income (loss) reported by a cost method investment of the entity. No definition available.
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| X | ||||||||||
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- Definition
The amount of revenue from sale of goods and services reduced by sales returns, allowances, and discounts reported by a cost method investment of the entity. No definition available.
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| X | ||||||||||
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- Definition
Percentage of accounts receivable represented by a single external customer that accounts for 10 percent or more of an entity's accounts receivable. No definition available.
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| X | ||||||||||
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- Definition
Impairment charge on note receivable. No definition available.
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| X | ||||||||||
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- Definition
Maximum contributions to advertising fund, percentage of net sales. No definition available.
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| X | ||||||||||
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- Definition
Percent of the Company's hot dog purchases from its primary supplier. No definition available.
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| X | ||||||||||
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- Definition
Percentage of product purchased by the Company-owned restaurants, from its primary distributor, relative to the total of the product purchased by the Company. No definition available.
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| X | ||||||||||
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- Definition
Amount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of deferred revenue as of balance sheet date. Deferred revenue represents collections of cash or other assets related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Percentage of revenue generated from a single external customer that accounts for 10 percent or more of an entity's revenues. No definition available.
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| X | ||||||||||
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- Definition
Revenue earned during the period from consideration (often a percentage of the franchisee's sales) received for the right to operate a business using the entity's name, merchandise, services, methodologies, promotional support, marketing, and supplies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The total amount of investments that are intended to be held for an extended period of time (longer than one operating cycle). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow associated with the sale of a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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|
Note 2 - Summary of Significant Accounting Policies (Detail) - Property and equipment
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12 Months Ended |
|---|---|
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Mar. 31, 2013
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Building and Building Improvements [Member] | Minimum [Member]
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| Estimated Useful Life | 5 years |
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Building and Building Improvements [Member] | Maximum [Member]
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| Estimated Useful Life | 25 years |
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Machinery, Equipment, Furniture and Fixtures [Member] | Minimum [Member]
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| Estimated Useful Life | 3 years |
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Machinery, Equipment, Furniture and Fixtures [Member] | Maximum [Member]
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| Estimated Useful Life | 15 years |
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Leasehold Improvements [Member] | Minimum [Member]
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| Estimated Useful Life | 5 years |
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Leasehold Improvements [Member] | Maximum [Member]
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| Estimated Useful Life | 20 years |
| X | ||||||||||
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- Definition
Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
|
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Note 2 - Summary of Significant Accounting Policies (Detail) - Assets and liabilities measured at fair value on a recurring basis (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2013
|
Mar. 25, 2012
|
|---|---|---|
| Fair Value | $ 12,307 | $ 14,710 |
| Carrying Value | 12,307 | 14,710 |
|
Fair Value, Inputs, Level 1 [Member]
|
||
| Fair Value | 0 | 0 |
|
Fair Value, Inputs, Level 2 [Member]
|
||
| Fair Value | 12,307 | 14,710 |
|
Fair Value, Inputs, Level 3 [Member]
|
||
| Fair Value | $ 0 | $ 0 |
| X | ||||||||||
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- Definition
Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Note 2 - Summary of Significant Accounting Policies (Detail) - Summary of franchise openings and closings for the Nathan’s franchise restaurant system
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
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|---|---|---|---|
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Franchised Restaurants Operating Beginning of Period [Member]
|
|||
| Restaurants | 299 | 264 | 246 |
|
New Franchised Restaurants Opened During Period [Member]
|
|||
| Restaurants | 40 | 67 | 40 |
|
Franchised Restaurants Closed During Period [Member]
|
|||
| Restaurants | (36) | (32) | (22) |
|
Franchised Restaurants Operating End of Period [Member]
|
|||
| Restaurants | 303 | 299 | 264 |
| X | ||||||||||
|
- Definition
Represents the number of restaurants. No definition available.
|
|
Note 2 - Summary of Significant Accounting Policies (Detail) - The Company’s revenues (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Mar. 31, 2013
|
Dec. 23, 2012
|
Sep. 23, 2012
|
Jun. 24, 2012
|
Mar. 25, 2012
|
Dec. 25, 2011
|
Sep. 25, 2011
|
Jun. 26, 2011
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|
| Revenue | $ 14,976 | $ 15,025 | $ 21,360 | $ 20,182 | $ 14,407 | $ 14,800 | $ 19,118 | $ 17,897 | $ 71,543 | $ 66,222 | $ 57,255 |
|
Domestic [Member]
|
|||||||||||
| Revenue | 68,499 | 64,534 | 55,824 | ||||||||
|
Non-Domestic [Member]
|
|||||||||||
| Revenue | $ 3,044 | $ 1,688 | $ 1,431 | ||||||||
| X | ||||||||||
|
- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 2 - Summary of Significant Accounting Policies (Detail) - The Company’s sales (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|
| Sales | $ 56,656 | $ 52,369 | $ 44,634 |
|
Branded Product Sales [Member]
|
|||
| Sales | 43,214 | 38,506 | 30,497 |
|
Company-Operated Restaurants [Member]
|
|||
| Sales | 13,403 | 13,209 | 13,007 |
|
Other Products [Member]
|
|||
| Sales | $ 39 | $ 654 | $ 1,130 |
| X | ||||||||||
|
- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 3 - Income Per Share (Detail)
|
12 Months Ended |
|---|---|
|
Mar. 27, 2011
|
|
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 110,000 |
| X | ||||||||||
|
- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 3 - Income Per Share (Detail) - Table of Earnings Per Share Reconciliation (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Mar. 31, 2013
|
Dec. 23, 2012
|
Sep. 23, 2012
|
Jun. 24, 2012
|
Mar. 25, 2012
|
Dec. 25, 2011
|
Sep. 25, 2011
|
Jun. 26, 2011
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|||||||||||
| Basic EPS | |||||||||||||||||||||
| Basic calculation (in Dollars) | $ 7,468 | $ 6,158 | $ 2,213 | ||||||||||||||||||
| Basic calculation | 4,411,000 | [1] | 4,414,000 | [1] | 4,407,000 | [1] | 4,368,000 | [1] | 4,559,000 | [1] | 4,964,000 | [1] | 5,025,000 | [1] | 5,078,000 | [1] | 4,400,000 | 4,906,000 | 5,403,000 | ||
| Basic calculation (in Dollars per share) | $ 0.35 | [1] | $ 0.24 | [1] | $ 0.65 | [1] | $ 0.46 | [1] | $ 0.24 | [1] | $ 0.24 | [1] | $ 0.45 | [1] | $ 0.31 | [1] | $ 1.70 | $ 1.26 | $ 0.41 | ||
| Effect of dilutive employee stock options (in Dollars) | 0 | 0 | 0 | ||||||||||||||||||
| Effect of dilutive employee stock options | 188,000 | 143,000 | 101,000 | ||||||||||||||||||
| Effect of dilutive employee stock options (in Dollars per share) | $ (0.07) | $ (0.04) | $ (0.01) | ||||||||||||||||||
| Diluted EPS | |||||||||||||||||||||
| Diluted calculation (in Dollars) | $ 7,468 | $ 6,158 | $ 2,213 | ||||||||||||||||||
| Diluted calculation | 4,603,000 | [1] | 4,612,000 | [1] | 4,604,000 | [1] | 4,531,000 | [1] | 4,720,000 | [1] | 5,113,000 | [1] | 5,163,000 | [1] | 5,201,000 | [1] | 4,588,000 | 5,049,000 | 5,504,000 | ||
| Diluted calculation (in Dollars per share) | $ 0.34 | [1] | $ 0.23 | [1] | $ 0.62 | [1] | $ 0.44 | [1] | $ 0.23 | [1] | $ 0.24 | [1] | $ 0.44 | [1] | $ 0.31 | [1] | $ 1.63 | $ 1.22 | $ 0.40 | ||
|
|||||||||||||||||||||
| X | ||||||||||
|
- Definition
Adjustments to net income included in the calculation of diluted EPS using the treasury stock method. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The effect on EPS of the additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share-based payment arrangement using the treasury stock method. No definition available.
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net Income or Loss Available to Common Stockholders plus adjustments resulting from the assumption that dilutive convertible securities were converted, options or warrants were exercised, or that other shares were issued upon the satisfaction of certain conditions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 4 - Restricted Cash (Detail) (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2013
|
Mar. 25, 2012
|
|---|---|---|
| Estimated Litigation Liability | $ 4,910 | |
| Restricted Cash and Cash Equivalents, Current | $ 5,874 | $ 5,419 |
| Interest on Damages Assessed Interest Rate | 9.00% |
| X | ||||||||||
|
- Definition
This represents the New York state statutory rate of interest that is required to be deposited during the period of our appeal of the SMG litigation. No definition available.
|
| X | ||||||||||
|
- Definition
Aggregate carrying amount of the estimated litigation liability for known or estimated probable loss from litigation, which may include attorneys' fees and other litigation costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The carrying amounts of cash and cash equivalent items which are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. For a classified balance sheet represents the current portion only (the noncurrent portion has a separate concept); there is a separate and distinct element for unclassified presentations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 5 - Marketable Securities (Detail) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|
| Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax | $ (168) | $ 16 | $ (135) |
| X | ||||||||||
|
- Definition
Net of tax amount of unrealized holding gain (loss) before reclassification adjustments and transfers on available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 5 - Marketable Securities (Detail) - Marketable securities (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2013
|
Mar. 25, 2012
|
|---|---|---|
| Cost | $ 11,768 | $ 13,897 |
| Gross Unrealized Gains | 539 | 814 |
| Fair Market Value | 12,307 | 14,710 |
| Gross Unrealized Losses | $ 0 | $ 1 |
| X | ||||||||||
|
- Definition
This item represents the cost of debt securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. No definition available.
|
| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the gross unrealized gains for securities, at a point in time, which are categorized neither as held-to-maturity nor trading securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the gross unrealized losses for securities, at a point in time, which are categorized neither as held-to-maturity nor trading securities. No definition available.
|
|
Note 5 - Marketable Securities (Detail) - Bond maturities by period (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2013
|
Mar. 25, 2012
|
|---|---|---|
| March 31, 2013 | $ 12,307 | $ 14,710 |
| March 31, 2013 | 2,927 | |
| March 31, 2013 | 8,146 | |
| March 31, 2013 | 1,234 | |
| March 31, 2013 | $ 0 |
| X | ||||||||||
|
- Definition
Amount of available-for-sale debt securities at fair value maturing in the sixth fiscal year through the tenth fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of available-for-sale debt securities at fair value maturing in the second fiscal year through the fifth fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of available-for-sale debt securities at fair value maturing after the tenth fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of available-for-sale debt securities at fair value maturing in the next fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 5 - Marketable Securities (Detail) - Proceeds from the sale of available-for-sale securities and the resulting gross realized gains and losses (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|
| Available-for-sale securities: | |||
| Proceeds | $ 2,000 | $ 4,050 | $ 4,906 |
| Gross realized gains | $ 0 | $ 0 | $ 4 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
This item represents the gross profit realized on the sale of debt or equity securities categorized neither as held-to-maturity nor trading securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the sale or maturity (principal being due) of securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 6 - Accounts and Other Receivables, Net (Detail)
|
12 Months Ended |
|---|---|
|
Mar. 31, 2013
|
|
| Accounts Receivable Payment Terms | 30 days |
| X | ||||||||||
|
- Definition
Nathan's standard payment terms. No definition available.
|
|
Note 6 - Accounts and Other Receivables, Net (Detail) - Accounts and other receivables, net (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
Mar. 28, 2010
|
|---|---|---|---|---|
| Account Receivable, Gross, Current | $ 7,047 | $ 6,673 | ||
| Less: allowance for doubtful accounts | 130 | 138 | 62 | 415 |
| Accounts and other receivables, net | 6,917 | 6,535 | ||
|
Franchise and License Royalties [Member]
|
||||
| Account Receivable, Gross, Current | 2,355 | 2,093 | ||
|
Branded Product Sales [Member]
|
||||
| Account Receivable, Gross, Current | 4,071 | 4,246 | ||
|
Other Receivables [Member]
|
||||
| Account Receivable, Gross, Current | $ 621 | $ 334 |
| X | ||||||||||
|
- Definition
Amount due from customers, clients, or other third-parties, or arising from transactions not separately disclosed, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value. No definition available.
|
| X | ||||||||||
|
- Definition
Amounts due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer) for goods or services (including trade receivables) that have been delivered or sold in the normal course of business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 6 - Accounts and Other Receivables, Net (Detail) - Changes in allowance for doubtful accounts (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|
| Beginning balance | $ 138 | $ 62 | $ 415 |
| Bad debt expense | 15 | 86 | 56 |
| Uncollectible marketing fund contributions | 5 | 0 | 12 |
| Accounts written off | (28) | (10) | (421) |
| Ending balance | $ 130 | $ 138 | $ 62 |
| X | ||||||||||
|
- Definition
Amount of the current period bad debt that have been charged to the Company's marketing fund. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of direct write-downs of receivables charged against the allowance for doubtful accounts. No definition available.
|
| X | ||||||||||
|
- Definition
A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of the current period expense charged against operations, the offset which is generally to the allowance for doubtful accounts for the purpose of reducing receivables, including notes receivable, to an amount that approximates their net realizable value (the amount expected to be collected). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 7 - Long-Term Investment (Detail) (USD $)
In Thousands, except Share data, unless otherwise specified |
Mar. 31, 2013
|
Sep. 23, 2012
|
Mar. 25, 2012
|
|---|---|---|---|
| Investment Owned, Balance, Shares (in Shares) | 351,550 | ||
| Long-term Investments (in Dollars) | $ 500 | $ 500 | $ 0 |
| Cost Method Investment Ownership Percentage | 2.50% | 2.50% |
| X | ||||||||||
|
- Definition
The percentage of ownership of common stock in the entity accounted for under the cost method of accounting. No definition available.
|
| X | ||||||||||
|
- Definition
Balance held at close of period in number of shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total amount of investments that are intended to be held for an extended period of time (longer than one operating cycle). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 8 - Property and Equipment, Net (Detail) - Property and equipment consists of the following (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2013
|
Mar. 25, 2012
|
|---|---|---|
| Land | $ 1,197 | $ 1,197 |
| Building and improvements | 2,045 | 2,178 |
| Machinery, equipment, furniture and fixtures | 5,460 | 5,560 |
| Leasehold improvements | 3,878 | 3,994 |
| Construction-in-progress | 569 | 664 |
| 13,149 | 13,593 | |
| Less: accumulated depreciation and amortization | 7,361 | 7,414 |
| $ 5,788 | $ 6,179 |
| X | ||||||||||
|
- Definition
The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross amount, at the balance sheet date, of long-lived assets under construction that include construction costs to date on capital projects that have not been completed and assets being constructed that are not ready to be placed into service. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date of real estate held for productive use. This excludes land held for sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross amount, at the balance sheet date, of long-lived, depreciable assets that are an addition or improvement to assets held under lease arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross amount, as of the balance sheet date, of long-lived, depreciable assets used in the production process to produce goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 9 - Accrued Expenses, Other Current Liabilities and Other Liabilities (Detail) - Accrued expenses and other current liabilities consist of the following (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2013
|
Mar. 25, 2012
|
|---|---|---|
| Payroll and other benefits | $ 2,248 | $ 2,100 |
| Accrued rebates | 648 | 486 |
| Professional and legal costs | 82 | 148 |
| Rent and occupancy costs | 197 | 161 |
| Taxes payable | 22 | 217 |
| Deferred revenue | 581 | 661 |
| Construction costs | 25 | 308 |
| Unexpended advertising funds | 181 | 320 |
| Other | 336 | 263 |
| $ 4,320 | $ 4,664 |
| X | ||||||||||
|
- Definition
Cost accrued in connection with capital expendures that have been incurred as of the balance sheet date. No definition available.
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable for advertising of the entity's goods and services. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable for the marketing, trade and selling of the entity's goods and services. Marketing costs would include expenditures for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services; costs of public relations and corporate promotions; and obligations incurred and payable for sales discounts, rebates, price protection programs, etc. offered to customers and under government programs. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). No definition available.
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable for professional fees, such as for legal and accounting services received. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable for contractual rent under lease arrangements. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 9 - Accrued Expenses, Other Current Liabilities and Other Liabilities (Detail) - Other liabilities consist of the following (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2013
|
Mar. 25, 2012
|
Dec. 01, 2009
|
|---|---|---|---|
| Deferred development fees | $ 411 | $ 530 | |
| Reserve for uncertain tax positions (Note J) | 639 | 528 | |
| Deferred rental liability | 764 | 829 | |
| Contingent guaranty | 228 | 227 | 228 |
| Deferred royalty | 9 | 8 | |
| $ 2,051 | $ 2,122 |
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date of unearned revenue or income, not otherwise specified in the taxonomy, which is expected to be taken into income after one year or beyond the normal operating cycle, if longer and noncurrent obligations not separately disclosed in the balance sheet (other liabilities, noncurrent). No definition available.
|
| X | ||||||||||
|
- Definition
For a classified balance sheet, the cumulative difference between the rental income or payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense, by the lessor or lessee, respectively, more than one year after the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The current carrying amount of the liability for the freestanding or embedded guarantor's obligations under the guarantee or each group of similar guarantees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total obligations incurred as part of normal operations that is expected to be repaid beyond the following twelve months or one business cycle. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The noncurrent portion of the amount recognized for uncertain tax positions as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations and noncurrent portion of deferred revenue not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). Deferred revenue is a liability related to a revenue producing activity for which revenue has not yet been recognized, and is not expected to be recognized in the next twelve months. No definition available.
|
|
Note 10 - Income Taxes (Detail) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | |||
|---|---|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
Jul. 31, 2012
|
|
| Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate | 34.00% | |||
| Deferred Tax Assets, Net | $ 825 | $ 1,216 | ||
| Unrecognized Tax Benefits that Would Impact Effective Tax Rate | 296 | 422 | ||
| Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued | 337 | 356 | ||
| Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense | 46 | 47 | 44 | |
| Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit | (34) | |||
| Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority | $ 13 | $ 129 | ||
| X | ||||||||||
|
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The domestic federal statutory tax rate applicable under enacted tax laws to the Company's pretax income from continuing operations for the period. The "statutory" tax rate is the regular tax rate if there are alternative tax systems. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of the additional liability or refund received or expected based on a final settlement with a taxing authority. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of the unrecognized tax benefit of a position taken for which it is reasonably possible that the total amount thereof will significantly increase or decrease within twelve months of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the total of accruals as of the date of the statement of financial position for interest recognized for an underpayment of income taxes computed by applying the applicable statutory rate of interest to the difference between a tax position recognized for financial reporting purposes and the amount previously taken or expected to be taken in a tax return of the entity and the amount of statutory penalties for a tax position claimed or expected to be claimed by the entity, in its tax return, that does not meet the minimum statutory threshold to avoid payment of penalties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the total of interest expense recognized for an underpayment of income taxes computed by applying the applicable statutory rate of interest to the difference between a tax position recognized for financial reporting purposes and the amount previously taken or expected to be taken in a tax return of the entity and the amount of statutory penalties in the period in which the entity claims or expects to claim a tax position, in its tax return, that does not meet the minimum statutory threshold to avoid payment of penalties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 10 - Income Taxes (Detail) - The income tax provision (benefit) consists of the following (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|
| Federal | |||
| Current | $ 3,237 | $ 1,274 | $ 2,330 |
| Deferred | 377 | 1,566 | (1,545) |
| 3,614 | 2,840 | 785 | |
| State and local | |||
| Current | 937 | 534 | 734 |
| Deferred | 120 | 475 | (412) |
| 1,057 | 1,009 | 322 | |
| $ 4,671 | $ 3,849 | $ 1,107 | |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing amounts paid or payable (or refundable) as determined by applying the provisions of enacted federal tax law to the domestic taxable Income or Loss from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing amounts paid or payable (or refundable) as determined by applying the provisions of enacted state and local tax law to relevant amounts of taxable Income or Loss from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of total income tax expense for the period comprised of the increase (decrease) during the period in the entity's domestic deferred tax assets and liabilities attributable to continuing operations as determined by applying the provisions of the federally enacted tax law. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of total income tax expense for the period comprised of the increase (decrease) in the entity's state and local deferred tax assets and liabilities attributable to continuing operations as determined by applying the provisions of the applicable enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of domestic current and deferred income tax expense or benefit attributable to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of state and local current and deferred income tax expense or benefit attributable to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 10 - Income Taxes (Detail) - Effective income tax reconciliation (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|
| Computed “expected” tax expense | $ 4,127 | $ 3,412 | $ 1,129 |
| State and local income taxes, net of Federal income tax benefit | 633 | 682 | 274 |
| Tax-exempt investment earnings | (133) | (178) | (244) |
| Change in uncertain tax positions, net | 22 | (24) | (94) |
| Nondeductible meals and entertainment and other | 22 | (43) | 42 |
| $ 4,671 | $ 3,849 | $ 1,107 | |
| X | ||||||||||
|
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to pretax Income or Loss from continuing operations; income tax expense or benefit may include interest and penalties on tax uncertainties based on the entity's accounting policy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of income tax expense or benefit for the period computed by applying the domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the differences between total income tax expense or benefit as reported in the Income Statement for the period and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations attributable to nondeductible expenses under enacted tax laws, or differences in the methodologies used to determine expense amounts for financial statements prepared in accordance with generally accepted accounting principles and enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference, between total income tax expense or benefit as reported in the Income Statement for the period and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations, that is attributable to state and local income tax expense or benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the differences between total income tax expense or benefit as reported in the Income Statement and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations attributable to changes in all income tax contingencies, whether recorded or adjusted, during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference between total income tax expense or benefit as reported in the Income Statement for the period and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations attributable to income that is exempt from income taxes under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 10 - Income Taxes (Detail) - Deferred tax assets and deferred tax liabilities (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2013
|
Mar. 25, 2012
|
|---|---|---|
| Deferred tax assets | ||
| Accrued expenses | $ 166 | $ 183 |
| Allowance for doubtful accounts | 49 | 44 |
| Deferred revenue | 510 | 520 |
| Deferred stock compensation | 646 | 830 |
| Excess of straight line over actual rent | 316 | 340 |
| Other | 127 | 20 |
| Total gross deferred tax assets | 1,814 | 1,937 |
| Deferred tax liabilities | ||
| Deductible prepaid expense | 223 | 191 |
| Unrealized gain on marketable securities | 202 | 307 |
| Depreciation expense | 321 | 12 |
| Other | 243 | 211 |
| Total gross deferred tax liabilities | 989 | 721 |
| Net deferred tax asset | 825 | 1,216 |
| Less current portion | (345) | (338) |
| Long-term portion | $ 480 | $ 878 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax liability to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from deferred income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from share-based compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from accrued liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from the allowance for doubtful accounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from deferred rent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of deferred tax liability attributable to taxable temporary differences from investments (excludes investments in subsidiaries and equity method investments). No definition available.
|
| X | ||||||||||
|
- Definition
Amount of deferred tax liability attributable to taxable temporary differences not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of deferred tax consequences attributable to taxable temporary differences derived from prepaid expenses. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of deferred tax liability attributable to taxable temporary differences from property, plant, and equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 10 - Income Taxes (Detail) - Tabular reconciliation of the total amounts of unrecognized tax benefits (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | |
|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
|
| Unrecognized tax benefits, beginning of year | $ 422 | $ 318 |
| Increases based on tax positions taken in prior years | 0 | 119 |
| Decreases of tax positions taken in prior years | (50) | (41) |
| Increase based on tax positions taken in current year | 34 | 26 |
| Settlements of tax positions taken in prior years | (110) | 0 |
| Unrecognized tax benefits, end of year | $ 296 | $ 422 |
| X | ||||||||||
|
- Definition
The gross amount of unrecognized tax benefits pertaining to uncertain tax positions taken in tax returns as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gross amount of decreases in unrecognized tax benefits resulting from tax positions taken in prior period tax returns, excluding amounts pertaining to examined tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gross amount of decreases in unrecognized tax benefits resulting from settlements with taxing authorities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gross amount of increases in unrecognized tax benefits resulting from tax positions that have been or will be taken in the tax return for the current period, excluding amounts pertaining to examined tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gross amount of increases in unrecognized tax benefits resulting from tax positions taken in prior period tax returns, excluding amounts pertaining to examined tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 10 - Income Taxes (Detail) - The earliest tax years that are subject to examination by taxing authorities by major jurisdictions are as follows
|
12 Months Ended |
|---|---|
|
Mar. 31, 2013
|
|
|
Domestic Tax Authority [Member]
|
|
| Fiscal year | 2010 |
|
New York State [Member]
|
|
| Fiscal year | 2010 |
|
New York City [Member]
|
|
| Fiscal year | 2010 |
| X | ||||||||||
|
- Definition
Tax year being audited in the income tax examination, in CCYY format. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of Available Common Shares Reduced by Each Share of Restricted Stock Granted. No definition available.
|
| X | ||||||||||
|
- Definition
Defined contribution plan, employee contributions, percentage of eligible compensation. No definition available.
|
| X | ||||||||||
|
- Definition
Defined contribution plan, employer matching contribution rate per dollar. No definition available.
|
| X | ||||||||||
|
- Definition
Additional shares authorized by the Company's stockholders to increase shares available under the Company's 2010 Stock Incentive Plan. No definition available.
|
| X | ||||||||||
|
- Definition
Minimum percentage of common stock acquired by a person or group which triggers exercise of new rights. No definition available.
|
| X | ||||||||||
|
- Definition
Modified dutch tender offer stock repurchase price per share. No definition available.
|
| X | ||||||||||
|
- Definition
New right purchase price. No definition available.
|
| X | ||||||||||
|
- Definition
Number of times of salary and bonus, lump sum cash payment. No definition available.
|
| X | ||||||||||
|
- Definition
Old right purchase price. No definition available.
|
| X | ||||||||||
|
- Definition
The life of the equity-based award before expiration. No definition available.
|
| X | ||||||||||
|
- Definition
As of the balance sheet date, the aggregate unrecognized cost of equity-based awards made to employees and directors under equity-based compensation awards that have not been charged to earnings. No definition available.
|
| X | ||||||||||
|
- Definition
The number of additional shares authorized to be repurchased by the Company's Board of Directors under an existing stock repurchase plan. No definition available.
|
| X | ||||||||||
|
- Definition
Term of consulting period pursuant to the Lorber employment agreement. No definition available.
|
| X | ||||||||||
|
- Definition
Aggregate number of common shares reserved for future issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Face amount or stated value of common stock per share; generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of contractual obligation, including but not limited to, long-term debt, capital lease obligations, operating lease obligations, purchase obligations, and other commitments. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of discretionary contributions made by an employer to a defined contribution plan. No definition available.
|
| X | ||||||||||
|
- Definition
Maximum percentage of employee gross pay, by the terms of the plan, that the employer may contribute to a defined contribution plan. No definition available.
|
| X | ||||||||||
|
- Definition
Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate unrecognized cost of share-based awards, other than options, made to employees under an equity-based compensation plan, that have yet to vest. No definition available.
|
| X | ||||||||||
|
- Definition
The total recognized tax benefit related to compensation cost for equity-based payment arrangements recognized in income during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of contributions made to the multiemployer plan by all employers who participate in the plan. A multiemployer plan is a pension or postretirement benefit plan to which two or more unrelated employers contribute where assets contributed by one participating employer may be used to provide benefits to employees of other participating employers. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Description of award terms as to how many shares or portion of an award are no longer contingent on satisfaction of either a service condition, market condition or a performance condition, thereby giving the employee the legal right to convert the award to shares, to sell the shares, and be entitled to the cash proceeds of such sale. For example, vesting may be expressed as being 25 percent of the shares under option on each anniversary of the grant date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total accumulated difference between fair values of underlying shares on dates of exercise and exercise price on options which were exercised (or share units converted) into shares during the reporting period under the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees can acquire the shares reserved for issuance on stock options awarded. No definition available.
|
| X | ||||||||||
|
- Definition
The floor of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The ceiling of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Price of a single share of a number of saleable stocks of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Value of stock issued as a result of the exercise of stock options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of shares authorized to be repurchased by an entity's Board of Directors under a stock repurchase plan. No definition available.
|
| X | ||||||||||
|
- Definition
The remaining number of shares authorized to be repurchased by an entity's Board of Directors under a stock repurchase plan. No definition available.
|
| X | ||||||||||
|
- Definition
Number of shares that have been repurchased during the period and are being held in treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 11 - Stockholders' Equity, Stock Plans and Other Employee Benefit Plans (Detail) - Weighted-average option fair values valuation assumptions (USD $)
|
12 Months Ended |
|---|---|
|
Mar. 25, 2012
|
|
| Weighted-average option fair values (in Dollars per share) | $ 5.039 |
| Expected life (years) | 5 years |
| Interest rate | 1.60% |
| Volatility | 28.90% |
| Dividend yield | 0.00% |
| X | ||||||||||
|
- Definition
The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 11 - Stockholders' Equity, Stock Plans and Other Employee Benefit Plans (Detail) - Compensation cost charged to expense under all stock based incentive awards is as follows (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|
| Share-based compensation expense | $ 627 | $ 274 | $ 378 |
|
Stock Options [Member]
|
|||
| Share-based compensation expense | 224 | 274 | 378 |
|
Restricted Stock [Member]
|
|||
| Share-based compensation expense | $ 403 | $ 0 | $ 0 |
| X | ||||||||||
|
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 11 - Stockholders' Equity, Stock Plans and Other Employee Benefit Plans (Detail) - A summary of the status of the Company’s stock options (USD $)
|
12 Months Ended | ||
|---|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|
| Shares | 429,500 | ||
| Weighted-Average Exercise Price (in Dollars per share) | $ 13.29 | ||
| Options exercisable - end of year | 296,375 | 444,500 | 415,500 |
| Options exercisable - end of year (in Dollars per share) | $ 11.29 | $ 11.40 | $ 10.90 |
| Weighted-average fair value of options granted | 0 | 177,500 | 0 |
| Weighted-average fair value of options granted (in Dollars per share) | $ 5.039 | ||
| Granted | 0 | 177,500 | 0 |
| Granted (in Dollars per share) | $ 0 | $ 17.75 | $ 0 |
| Expired | 0 | 0 | 0 |
| Expired (in Dollars per share) | $ 0 | $ 0 | $ 0 |
| Exercised | (192,500) | (25,500) | (64,750) |
| Exercised (in Dollars per share) | $ 13.04 | $ 9.36 | $ 3.22 |
|
Beginning of Year [Member]
|
|||
| Shares | 622,000 | 470,000 | 534,750 |
| Weighted-Average Exercise Price (in Dollars per share) | $ 13.21 | $ 11.29 | $ 10.31 |
|
End of Year [Member]
|
|||
| Shares | 429,500 | 622,000 | 470,000 |
| Weighted-Average Exercise Price (in Dollars per share) | $ 13.29 | $ 13.21 | $ 11.29 |
| X | ||||||||||
|
- Definition
Gross number of shares exercised in connection with share options during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average price of options that were either forfeited or expired. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross number of share options (or share units) granted during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of shares reserved for issuance under stock option agreements awarded under the plan that validly exist and are outstanding as of the balance sheet date, including vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of exercisable share options (fully vested and expected to vest) that may be converted as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average price at which option holders acquired shares when converting their stock options into shares. No definition available.
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees can acquire the shares reserved for issuance on stock options awarded. No definition available.
|
|
Note 11 - Stockholders' Equity, Stock Plans and Other Employee Benefit Plans (Detail) - Outstanding stock options (USD $)
In Thousands, except Share data, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|
| Options outstanding at March 31, 2013 | 429,500 | ||
| Options outstanding at March 31, 2013 (in Dollars per share) | $ 13.29 | ||
| Options outstanding at March 31, 2013 | 2 years 266 days | ||
| Options outstanding at March 31, 2013 (in Dollars) | $ 12,437 | ||
| Options exercisable at March 31, 2013 | 296,375 | 444,500 | 415,500 |
| Options exercisable at March 31, 2013 (in Dollars per share) | $ 11.29 | $ 11.40 | $ 10.90 |
| Options exercisable at March 31, 2013 | 2 years 193 days | ||
| Options exercisable at March 31, 2013 (in Dollars) | $ 9,175 |
| X | ||||||||||
|
- Definition
Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average remaining contractual term for vested portions of options outstanding and currently exercisable or convertible, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of options outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of shares reserved for issuance under stock option agreements awarded under the plan that validly exist and are outstanding as of the balance sheet date, including vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of exercisable share options (fully vested and expected to vest) that may be converted as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 11 - Stockholders' Equity, Stock Plans and Other Employee Benefit Plans (Detail) - Transactions with respect to restricted stock (USD $)
|
12 Months Ended |
|---|---|
|
Mar. 31, 2013
|
|
| Granted | 50,000 |
| Granted (in Dollars per share) | $ 29.29 |
| Vested | (10,000) |
| Vested (in Dollars per share) | $ 29.29 |
| Unvested restricted stock at March 31, 2013 | 40,000 |
| Unvested restricted stock at March 31, 2013 (in Dollars per share) | $ 29.29 |
| X | ||||||||||
|
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 12 - Commitments and Contingencies (Detail) (USD $)
|
1 Months Ended | 5 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 5 Months Ended | 12 Months Ended | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Jan. 19, 2011
|
Mar. 31, 2013
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
Dec. 01, 2009
|
Jun. 23, 2013
Subsequent Event [Member]
|
Oct. 29, 2012
Closed for Varying Periods of Time [Member]
Branded Menu Location [Member]
|
Oct. 29, 2012
Closed for Varying Periods of Time [Member]
|
Oct. 29, 2012
Remain Closed [Member]
Branded Menu Location [Member]
|
Mar. 31, 2013
Initial Term [Member]
Minimum [Member]
|
Mar. 31, 2013
Initial Term [Member]
Maximum [Member]
|
Mar. 31, 2013
Renewal Option [Member]
Minimum [Member]
|
Mar. 31, 2013
Renewal Option [Member]
Maximum [Member]
|
Mar. 31, 2013
Write-off of Property and Equipment [Member]
|
Mar. 31, 2013
Unsalable Inventories [Member]
|
Mar. 31, 2013
Unutilized Insurance Advance [Member]
|
Mar. 31, 2013
Reimbursable On-going Busineses Expenses [Member]
|
Mar. 31, 2013
Minimum [Member]
|
Mar. 31, 2013
Maximum [Member]
|
|
| Operating Lease Term | 5 years | 20 years | 5 years | 20 years | ||||||||||||||||
| Operating Leases, Rent Expense, Net | $ 1,102,000 | $ 1,248,000 | $ 1,176,000 | |||||||||||||||||
| Operating Leases, Rent Expense, Sublease Rentals | 353,000 | 229,000 | 311,000 | |||||||||||||||||
| Operating Leases, Rent Expense, Contingent Rentals | 399,000 | 151,000 | 165,000 | |||||||||||||||||
| Operating Leases, Rent Expense, Minimum Rentals | 973,000 | |||||||||||||||||||
| Purchase Commitment, Remaining Minimum Amount Committed | 5,000,000 | 5,000,000 | ||||||||||||||||||
| Percent of Estimated Hot Dogs Usage | 51.00% | |||||||||||||||||||
| Other Commitment | 2,000,000 | 2,000,000 | ||||||||||||||||||
| Loss Contingency, Damages Awarded, Value | 4,900,000 | |||||||||||||||||||
| Guarantor Obligations, Current Carrying Value | 228,000 | 228,000 | 227,000 | 228,000 | ||||||||||||||||
| Number of Restaurants | 18 | 78 | 1 | |||||||||||||||||
| Loss from Catastrophes | 1,197,000 | 449,000 | 42,000 | |||||||||||||||||
| Expected Monthly Losses Relating to Ongoing Operational Costs and Clean-up | 100,000 | 200,000 | ||||||||||||||||||
| Proceeds from Insurance Settlement, Investing Activities | 1,026,000 | 3,400,000 | ||||||||||||||||||
| Accrued Liabilities, Current | 4,320,000 | 4,320,000 | 4,664,000 | 130,000 | ||||||||||||||||
| Accounts and Other Receivables, Net, Current | $ 6,917,000 | $ 6,917,000 | $ 6,535,000 | $ 301,000 | ||||||||||||||||
| X | ||||||||||
|
- Definition
The additional monthly losses expected to be incurred in future periods relating to ongoing operational costs and clean-up until the restaurants reopen. No definition available.
|
| X | ||||||||||
|
- Definition
Operating lease term. No definition available.
|
| X | ||||||||||
|
- Definition
Percent of estimated hot dogs usage during a period of commitment. No definition available.
|
| X | ||||||||||
|
- Definition
Amount due from customers, clients, or other third-parties, or arising from transactions not separately disclosed, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value. No definition available.
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The current carrying amount of the liability for the freestanding or embedded guarantor's obligations under the guarantee or each group of similar guarantees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of damages awarded to the plaintiff in the legal matter. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The charge against earnings in the period for the uninsured portion of a loss from a fire, explosion, or natural disaster (hurricane, earthquake). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Represents the number of restaurants. No definition available.
|
| X | ||||||||||
|
- Definition
The increases or decreases in lease payments that result from changes occurring after the inception of the lease in the factors (other than the passage of time) on which lease payments are based, except that any escalation of minimum lease payments relating to increases in construction or acquisition cost of the leased property or for increases in some measure of cost or value during the construction or preconstruction period, are excluded from contingent rentals. Contingent rentals also may include amounts for which the triggering events have not yet occurred or the specified targets for which have not yet been achieved (such as sales based percentage rent), but which events are considered probable of occurring or which specified targets are considered probable of being achieved. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the payments that the lessee is obligated to make or can be required to make in connection with a property under the terms of an agreement classified as an operating lease, excluding contingent rentals and a guarantee by the lessee of the lessor's debt and the lessee's obligation to pay (apart from the rental payments) executory costs such as insurance, maintenance, and taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Rental expense for the reporting period incurred under operating leases, including minimum and any contingent rent expense, net of related sublease income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total amount of sublease rental income recognized during the period that reduces the entity's rent expense incurred under operating leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Minimum amount of other commitment not otherwise specified in the taxonomy. Excludes commitments explicitly modeled in the taxonomy, including but not limited to, long-term and short-term purchase commitments, recorded and unrecorded purchase obligations, supply commitments, registration payment arrangements, leases, debt, product warranties, guarantees, environmental remediation obligations, and pensions. No definition available.
|
| X | ||||||||||
|
- Definition
The cash inflow from the amounts received by the insured under the terms of an insurance contract settlement. This element pertains only to insurance proceeds related to investments, for example fixed assets. It excludes insurance settlements classified as operating cash flows. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The floor amount as of the balance sheet date that the entity must expend to satisfy the terms of disclosed arrangements (excluding long-term commitments) in which the entity has agreed to expend funds to procure goods or services from one or more suppliers, other than under a long-term purchase commitment or an unconditional purchase obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 12 - Commitments and Contingencies (Detail) - Non-cancelable operating lease commitments (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2013
|
|---|---|
| 2014 | $ 1,689 |
| 2014 | 396 |
| 2014 | 1,293 |
| 2015 | 1,785 |
| 2015 | 405 |
| 2015 | 1,380 |
| 2016 | 1,657 |
| 2016 | 270 |
| 2016 | 1,387 |
| 2017 | 1,682 |
| 2017 | 254 |
| 2017 | 1,428 |
| 2018 | 1,711 |
| 2018 | 262 |
| 2018 | 1,449 |
| Thereafter | 9,452 |
| Thereafter | 1,882 |
| Thereafter | 7,570 |
| 17,976 | |
| 3,469 | |
| $ 14,507 |
| X | ||||||||||
|
- Definition
Total net lease minimum payment. No definition available.
|
| X | ||||||||||
|
- Definition
Net lease commitments due in one year. No definition available.
|
| X | ||||||||||
|
- Definition
Net lease commitments due in five years. No definition available.
|
| X | ||||||||||
|
- Definition
Net lease commitments due in four years. No definition available.
|
| X | ||||||||||
|
- Definition
Net lease commitments due in three years. No definition available.
|
| X | ||||||||||
|
- Definition
Net lease commitments due in two years. No definition available.
|
| X | ||||||||||
|
- Definition
Net lease commitments due after five years. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing in the next fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing in the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing in the forth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing in the third fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing in the second fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing after the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Future minimum rental payments in aggregate as of the balance sheet date under operating leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Future rental payments receivable within one year of the balance sheet date under an operating lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Future rental payments receivable within the fifth year from the balance sheet date under an operating lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Future rental payments receivable within the fourth year from the balance sheet date under an operating lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Future rental payments receivable within the third year from the balance sheet date under an operating lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Future rental payments receivable within the second year from the balance sheet date under an operating lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Future minimum lease payments receivable under operating leases for periods greater than five years following the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 13 - Related Party Transactions (Detail) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|
|
Accounting Firm where Charles Raich Served as Managing Partner [Member]
|
|||
| Related Party Transaction, Amounts of Transaction | $ 136 | $ 127 | $ 140 |
|
Fim where Lorber Serves as Consultant [Member]
|
|||
| Related Party Transaction, Amounts of Transaction | $ 25 | $ 26 | $ 25 |
| X | ||||||||||
|
- Definition
Amount of transactions with related party during the financial reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Note 14 - Quarterly Financial Information (Unaudited) (Detail) - Quarterly Financial Information (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Mar. 31, 2013
|
Dec. 23, 2012
|
Sep. 23, 2012
|
Jun. 24, 2012
|
Mar. 25, 2012
|
Dec. 25, 2011
|
Sep. 25, 2011
|
Jun. 26, 2011
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
|||||||||||||
| Total revenues | $ 14,976 | $ 15,025 | $ 21,360 | $ 20,182 | $ 14,407 | $ 14,800 | $ 19,118 | $ 17,897 | $ 71,543 | $ 66,222 | $ 57,255 | ||||||||||||
| Gross profit (a) | 1,623 | [1] | 2,044 | [1] | 4,695 | [1] | 3,420 | [1] | 1,624 | [1] | 2,011 | [1] | 3,948 | [1] | 2,680 | [1] | |||||||
| Net income | $ 1,555 | $ 1,062 | $ 2,845 | $ 2,006 | $ 1,082 | $ 1,211 | $ 2,269 | $ 1,596 | $ 7,468 | $ 6,158 | $ 2,213 | ||||||||||||
| Basic (b) (in Dollars per share) | $ 0.35 | [2] | $ 0.24 | [2] | $ 0.65 | [2] | $ 0.46 | [2] | $ 0.24 | [2] | $ 0.24 | [2] | $ 0.45 | [2] | $ 0.31 | [2] | $ 1.70 | $ 1.26 | $ 0.41 | ||||
| Diluted (b) (in Dollars per share) | $ 0.34 | [2] | $ 0.23 | [2] | $ 0.62 | [2] | $ 0.44 | [2] | $ 0.23 | [2] | $ 0.24 | [2] | $ 0.44 | [2] | $ 0.31 | [2] | $ 1.63 | $ 1.22 | $ 0.40 | ||||
| Basic (b) (in Shares) | 4,411,000 | [2] | 4,414,000 | [2] | 4,407,000 | [2] | 4,368,000 | [2] | 4,559,000 | [2] | 4,964,000 | [2] | 5,025,000 | [2] | 5,078,000 | [2] | 4,400,000 | 4,906,000 | 5,403,000 | ||||
| Diluted (b) (in Shares) | 4,603,000 | [2] | 4,612,000 | [2] | 4,604,000 | [2] | 4,531,000 | [2] | 4,720,000 | [2] | 5,113,000 | [2] | 5,163,000 | [2] | 5,201,000 | [2] | 4,588,000 | 5,049,000 | 5,504,000 | ||||
|
|||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Schedule II - Valuation and Qualifying Accounts (Detail) - Valuation and Qualifying Accounts (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|
Mar. 31, 2013
|
Mar. 25, 2012
|
Mar. 27, 2011
|
||||||||
| Balance at beginning of period | $ 138 | $ 62 | $ 415 | |||||||
| Additions charged to costs and expenses | 15 | 86 | 56 | |||||||
| Additions charged to other accounts | 5 | [1] | 0 | 12 | [1] | |||||
| Deductions | 28 | [2] | 10 | [2] | 421 | [2] | ||||
| Balance at end of period | $ 130 | $ 138 | $ 62 | |||||||
|
||||||||||
| X | ||||||||||
|
- Definition
Total of allowances and reserves, the valuation and qualifying accounts that are either netted against the cost of an asset (in order to value it at its carrying value) or that reflect a liability established to represent expected future costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of allowances and reserves, the valuation and qualifying accounts that are either netted against the cost of an asset (in order to value it at its carrying value) or that reflect a liability established to represent expected future costs, charged to costs and expenses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of allowances and reserves, the valuation and qualifying accounts that are either netted against the cost of an asset (in order to value it at its carrying value) or that reflect a liability established to represent expected future costs, charged to accounts other than costs and expenses in a given period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of the deductions in a given period to allowances and reserves, the valuation and qualifying accounts that are either netted against the cost of an asset (in order to value it at its carrying value) or that reflect a liability established to represent expected future costs, representing receivables written off as uncollectible and portions of the reserves utilized, respectively. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|