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Document And Entity Information - shares	9 Months Ended
Document And Entity Information - shares	Dec. 28, 2014	Feb. 06, 2015
Entity Registrant Name	NATHANS FAMOUS INC
Entity Central Index Key	0000069733
Current Fiscal Year End Date	--03-29
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		4,496,704
Document Type	10-Q
Document Period End Date	Dec. 28, 2014
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
Amendment Flag	false

Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Dec. 28, 2014	Mar. 30, 2014
CURRENT ASSETS
Cash and cash equivalents	$ 34,537,000	$ 22,077,000
Marketable securities	6,819,000	11,187,000
Accounts and other receivables, net	10,405,000	7,823,000
Inventories	792,000	947,000
Prepaid expenses and other current assets	1,630,000	3,129,000
Deferred income taxes	26,000	26,000
Total current assets	54,209,000	45,189,000
Property and equipment, net of accumulated depreciation of $8,540 and $7,554, respectively	8,680,000	8,970,000
Goodwill	95,000	95,000
Intangible asset	1,353,000	1,353,000
Other assets	855,000	528,000
	65,192,000	56,135,000
CURRENT LIABILITIES
Accounts payable	5,303,000	4,826,000
Accrued expenses and other current liabilities	4,102,000	4,751,000
Total current liabilities	9,718,000	9,811,000
Other liabilities	1,569,000	1,693,000
Deferred income taxes	754,000	734,000
Total liabilities	12,041,000	12,238,000
COMMITMENTS AND CONTINGENCIES (Note M)	0
STOCKHOLDERS’ EQUITY
Common stock, $.01 par value; 30,000,000 shares authorized; 9,144,391 and 9,092,183 shares issued; and 4,496,704 and 4,482,157 shares outstanding at December 28, 2014 and March 30, 2014, respectively	91,000	91,000
Additional paid-in capital	58,665,000	57,578,000
Retained earnings	51,129,000	40,963,000
Accumulated other comprehensive income	66,000	149,000
	109,951,000	98,781,000
Treasury stock, at cost, 4,647,687 and 4,610,026 shares at December 28, 2014 and March 30, 2014, respectively	(56,800,000)	(54,884,000)
Total stockholders’ equity	53,151,000	43,897,000
	65,192,000	56,135,000
Deferred Franchise Fees [Member]
CURRENT LIABILITIES
Deferred franchise fees	$ 313,000	$ 234,000

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Dec. 28, 2014	Mar. 30, 2014
Accumulated depreciation	$ 8,540	$ 7,554
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	9,144,391	9,092,183
Common stock, shares outstanding (in shares)	4,496,704	4,482,157
Treasury stock, shares (in shares)	4,467,687	4,610,026

Consolidated Statements of Earnings (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 28, 2014	Dec. 29, 2013	Dec. 28, 2014	Dec. 29, 2013
REVENUES
Sales	$ 17,298,000	$ 15,236,000	$ 60,647,000	$ 52,003,000
License royalties	3,546,000	1,817,000	13,652,000	6,211,000
Franchise fees and royalties	1,471,000	1,394,000	4,473,000	4,279,000
Interest income	21,000	68,000	137,000	246,000
Insurance gain (Note N)	0	0	0	2,801,000
Other income	17,000	18,000	65,000	56,000
Total revenues	22,353,000	18,533,000	78,974,000	65,596,000
COSTS AND EXPENSES
Cost of sales	14,704,000	12,779,000	49,097,000	41,558,000
Restaurant operating expenses	788,000	741,000	3,138,000	2,432,000
Depreciation and amortization	298,000	306,000	985,000	845,000
General and administrative expenses	2,760,000	2,898,000	8,561,000	8,519,000
Interest expense	0	0	0	135,000
Impairment charge – long-term investment	0	0	0	400,000
Total costs and expenses	18,550,000	16,724,000	61,781,000	53,889,000
Earnings before provision for income taxes	3,803,000	1,809,000	17,193,000	11,707,000
Provision for income taxes	1,562,000	702,000	7,027,000	4,598,000
Net income	$ 2,241,000	$ 1,107,000	$ 10,166,000	$ 7,109,000
Income per share:
Basic (in dollars per share)	$ 0.50	$ 0.25	$ 2.27	$ 1.60
Diluted (in dollars per share)	$ 0.49	$ 0.24	$ 2.21	$ 1.54
Weighted average shares used in computing income per share:
Basic (in shares)	4,482,000	4,466,000	4,475,000	4,447,000
Diluted (in shares)	4,603,000	4,622,000	4,596,000	4,609,000

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 28, 2014	Dec. 29, 2013	Dec. 28, 2014	Dec. 29, 2013
Net income	$ 2,241,000	$ 1,107,000	$ 10,166,000	$ 7,109,000
Other comprehensive loss, net of deferred income taxes:
Unrealized losses on available for sale securities	(19,000)	(33,000)	(83,000)	(140,000)
Other comprehensive loss	(19,000)	(33,000)	(83,000)	(140,000)
Comprehensive income	$ 2,222,000	$ 1,074,000	$ 10,083,000	$ 6,969,000

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Consolidated Statement of Stockholders' Equity (Unaudited) - 9 months ended Dec. 28, 2014 - USD ($)	Total	Accumulated Other Comprehensive Income (Loss) [Member]	Additional Paid-in Capital [Member]	Common Stock [Member]	Retained Earnings [Member]	Treasury Stock [Member]
Balance, March 30, 2014 (in shares) at Mar. 30, 2014				9,092,183		4,610,026
Balance, March 30, 2014 at Mar. 30, 2014	$ 43,897,000	$ 149,000	$ 57,578,000	$ 91,000	$ 40,963,000	$ (54,884,000)
Shares issued in connection with share- based compensation plans (in shares)				52,208
Shares issued in connection with share- based compensation plans	222,000		222,000
Withholding tax on net share settlement of share-based compensation plans	(825,000)		(825,000)
Income tax benefit on stock option exercises	1,061,000		1,061,000
Share-based compensation	$ 629,000		629,000
Repurchase of common stock (in shares)	37,661					37,661
Repurchase of common stock	$ (1,916,000)					$ (1,916,000)
Unrealized loss on available for sale securities, net of deferred income tax benefit of $56	(83,000)	(83,000)
Net income	10,166,000				10,166,000
Balance, December 28, 2014 (in shares) at Dec. 28, 2014				9,144,391		4,647,687
Balance, December 28, 2014 at Dec. 28, 2014	$ 53,151,000	$ 66,000	$ 58,665,000	$ 91,000	$ 51,129,000	$ (56,800,000)

Consolidated Statement of Stockholders' Equity (Unaudited) (Parentheticals)	9 Months Ended
	Dec. 28, 2014 USD ($)
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	$ (56,000)
Accumulated Other Comprehensive Income (Loss) [Member]
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	$ (56,000)

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Dec. 28, 2014	Dec. 29, 2013
Cash flows from operating activities:
Net income	$ 10,166,000	$ 7,109,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Insurance gain	0	(2,801,000)
Impairment charge – long-term investment	0	400,000
Depreciation and amortization	985,000	845,000
Amortization of bond premium	129,000	107,000
Share-based compensation expense	629,000	530,000
Provision for doubtful accounts	7,000	9,000
Deferred income taxes	77,000	1,194,000
Changes in operating assets and liabilities:
Accounts and other receivables, net	(3,307,000)	(2,445,000)
Insurance proceeds received for business interruption claim	718,000	0
Inventories	155,000	57,000
Prepaid expenses and other current assets	1,499,000	(728,000)
Other assets	(327,000)	(5,000)
Accrued litigation	0	(5,874,000)
Accounts payable, accrued expenses and other current liabilities	(172,000)	224,000
Deferred franchise fees	79,000	(79,000)
Other liabilities	(124,000)	(1,000)
Net cash provided by (used in) operating activities	10,514,000	(1,458,000)
Cash flows from investing activities:
Proceeds from maturities of available for sale securities	6,620,000	2,890,000
Insurance proceeds received for property and equipment	0	2,711,000
Purchase of available for sale securities	(2,521,000)	(2,219,000)
Purchase of property and equipment	(695,000)	(4,229,000)
Litigation settlement	0	6,009,000
Change in restricted cash	0	(135,000)
Net cash provided by investing activities	3,404,000	5,027,000
Cash flows from financing activities:
Income tax benefit on stock option exercises	1,061,000	1,658,000
Proceeds from exercise of stock options	222,000	525,000
Payments of withholding tax on net share settlement of share-based compensation plans	(825,000)	(772,000)
Repurchase of common stock	(1,916,000)	(262,000)
Net cash (used in) provided by financing activities	(1,458,000)	1,149,000
Net increase in cash and cash equivalents	12,460,000	4,718,000
Cash and cash equivalents, beginning of period	22,077,000	13,403,000
Cash and cash equivalents, end of period	34,537,000	18,121,000
Cash paid during the year for:
Interest	0	1,099,000
Income taxes	$ 4,404,000	$ 2,542,000

Note A - Basis of Presentation	9 Months Ended
Note A - Basis of Presentation	Dec. 28, 2014
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	(Unaudited) NOTE A - BASIS OF PRESENTATION The accompanying consolidated financial statements of Nathan's Famous, Inc. and subsidiaries (collectively “Nathan’s,” the “Company,” “we,” “us” or “our”) as of and for the thirteen and thirty-nine week periods ended December 28, 2014 and December 29, 2013 have been prepared in accordance with accounting principles generally accepted in the United States of America. The unaudited financial statements include all adjustments (consisting of normal recurring adjustments) which, in the opinion of management, are necessary for a fair presentation of financial condition, results of operations and cash flows for the periods presented. However, our results of operations are seasonal in nature, and the results of any interim period are not necessarily indicative of results for any other interim period or the full fiscal year. Certain information and footnote disclosures normally included in financial statements in accordance with accounting principles generally accepted in the United States of America have been omitted pursuant to the requirements of the Securities and Exchange Commission. Management believes that the disclosures included in the accompanying consolidated interim financial statements and footnotes are adequate to make the information not misleading, but should be read in conjunction with the consolidated financial statements and notes thereto included in Nathan’s Annual Report on Form 10-K for the fiscal year ended March 30, 2014. A summary of the Company’s significant accounting policies is identified in Note B of the Notes to Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 30, 2014. There have been no changes to the Company’s significant accounting policies subsequent to March 30, 2014.

Note B - Recently Issued Accounting Pronouncements Not Yet Adopted	9 Months Ended
	Dec. 28, 2014
Notes to Financial Statements
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	NOTE B – RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS NOT YET ADOPTED In April 2014, the Financial Accounting Standards Board (“FASB”) issued new accounting guidance changing the criteria for reporting discontinued operations. The revised definition of a discontinued operation includes those components of an entity or a group of components of an entity representing a strategic shift that has (or will have) a major effect on an entity’s operations and financial results. The guidance eliminates the current requirement to assess continuing cash flow and continuing involvement with the disposal group. The revised definition also includes a business or nonprofit activity that, on acquisition, meets the criteria to be classified as held for sale. A disposal meeting the new definition is required to be reported as discontinued operations when the component of an entity or group of components of an entity meets the held for sale criteria, is actually disposed of by sales, or is disposed of through means other than a sale. The guidance is effective for Nathan’s for annual periods beginning on or after December 15, 2014 and interim periods within those years, which for Nathan’s will be the first quarter of fiscal 2016 beginning on March 30, 2015. Early adoption is permitted for disposals that have not been previously reported in the financial statements. Nathan’s does not expect the adoption of this new guidance to have a material impact on its results of operations or financial position. In May 2014, the FASB issued a new accounting standard that attempts to establish a uniform basis for recording revenue to virtually all industries’ financial statements, under U.S. GAAP. The revenue standard’s core principle is built on the contract between a vendor and a customer for the provision of goods and services. It attempts to depict the exchange of rights and obligations between the parties in the pattern of revenue recognition based on the consideration to which the vendor is entitled. In order to accomplish this objective, companies must evaluate the following five basic steps: (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) the entity satisfies a performance obligation. There are three basic transition methods that are available – full retrospective, retrospective with certain practical expedients, and a cumulative effect approach. Under the third alternative, an entity would apply the new revenue standard only to contracts that are incomplete under legacy U.S. GAAP at the date of initial application and recognize the cumulative effect of the new standard as an adjustment to the opening balance of retained earnings. Prior years would not be restated and additional disclosures would be required to enable users of the financial statements to understand the impact of adopting the new standard in the current year compared to prior years that are presented under legacy U.S. GAAP. Early adoption is prohibited under U.S. GAAP. Public companies must apply the new standard for annual periods beginning after December 15, 2016, including interim periods therein, which for Nathan’s will be its first quarter of fiscal 2018, beginning on March 27, 2017. The Company expects to use the modified retrospective method, recognizing a cumulative effect adjustment to retained earnings when adopted, and is currently evaluating the impact of this new accounting standard on its consolidated financial position and results of operations. In August 2014, the FASB issued new guidance that requires management to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued. If such conditions exist, management will be required to include disclosures enabling users to understand those conditions and management’s plans to alleviate or mitigate those conditions. This new standard is effective for annual periods ending after December 15, 2016 and interim periods within annual periods beginning after December 16, 2016. This standard will take effect in Nathan’s fourth quarter of our fiscal year ending March 26, 2017. In January 2015, the FASB issued new guidance to simplify the income statement presentation requirements by eliminating the seldom-used concept of extraordinary items. Extraordinary items are events and transactions that are distinguished by their unusual nature and by the infrequency of their occurrence. Eliminating the extraordinary classification simplifies the income statement presentation by no longer segregating such extraordinary items from the ordinary results of operations and separately stating the amount, net of tax along with the effect on earnings per share. This new standard is effective for annual periods beginning after December 15, 2015, including interim periods therein, which for Nathan’s would be its first quarter of fiscal 2017 beginning March 28, 2016. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. Nathan’s expects to early adopt this standard in the first quarter of our fiscal year ending March 28, 2016 that begins on March 30, 2015. Nathan’s does not expect the adoption of this new guidance to have a material impact on its results of operations or financial position.

Note C - Income Per Share

9 Months Ended

Dec. 28, 2014

Notes to Financial Statements

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 effect of stock options. Diluted income per common share gives effect to all potentially dilutive common shares that were outstanding during the period. Dilutive common shares used in the computation of diluted income per common share result from the assumed exercise of stock options and warrants, as determined using the treasury stock method.

The following chart provides a reconciliation of information used in calculating the per-share amounts for the thirteen and thirty-nine week periods ended December 28, 2014 and December 29, 2013, respectively.

Thirteen weeks
									Net Income
	Net Income				Number of Shares				Per Share
	2014		2013		2014		2013		2014			2013
	(in thousands)				(in thousands)
Basic EPS
Basic calculation	$	2,241	$	1,107		4,482		4,466	$	0.50		$	0.25
Effect of dilutive employee stock options		-		-		121		156		(0.01	)		(0.01	)
Diluted EPS
Diluted calculation	$	2,241	$	1,107		4,603		4,622	$	0.49		$	0.24

Thirty-nine weeks
									Net Income
	Net Income				Number of Shares				Per Share
	2014		2013		2014		2013		2014			2013
	(in thousands)				(in thousands)
Basic EPS
Basic calculation	$	10,166	$	7,109		4,475		4,447	$	2.27		$	1.60
Effect of dilutive employee stock options		-		-		121		162		(0.06	)		(0.06	)
Diluted EPS
Diluted calculation	$	10,166	$	7,109		4,596		4,609	$	2.21		$	1.54

No options to purchase shares of common stock for the thirteen or thirty-nine week periods ended December 28, 2014 and December 29, 2013 were excluded from the computation of diluted earnings per share.

Note D - Fair Value Measurements

9 Months Ended

Dec. 28, 2014

Notes to Financial Statements

Fair Value Disclosures [Text Block]

NOTE D – FAIR VALUE MEASUREMENTS

Nathan’s follows a three-level fair value hierarchy that prioritizes the inputs to measure fair value. This hierarchy requires entities to maximize the use of “observable inputs” and minimize the use of “unobservable inputs.” The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability on the measurement date. The three levels are defined as follows:

● Level 1 - inputs to the valuation methodology are quoted prices (unadjusted) for an identical asset or liability in an active market

● Level 2 - inputs to the valuation methodology include quoted prices for a similar asset or liability in an active market, quoted prices in markets that are not active, or model-derived valuations in which all significant inputs are observable for substantially the full term of the asset or liability

● Level 3 - inputs to the valuation methodology are unobservable and significant to the fair value measurement of the asset or liability

The following table presents assets and liabilities measured at fair value on a recurring basis as of December 28, 2014 and March 30, 2014 based upon the valuation hierarchy (in thousands):

December 28 , 201 4	Level 1		Level 2		Level 3		Carrying Value
Marketable securities	$	-	$	6,819	$	-	$	6,819
Total assets at fair value	$	-	$	6,819	$	-	$	6,819

March 30, 2014	Level 1		Level 2		Level 3		Carrying Value
Marketable securities	$	-	$	11,187	$	-	$	11,187
Total assets at fair value	$	-	$	11,187	$	-	$	11,187

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 or liability.

The carrying amounts of cash equivalents, accounts receivable and accounts payable approximate fair value due to the short-term maturity of the instruments.

Certain non-financial assets and liabilities are measured at fair value on a nonrecurring basis; that is, the assets and liabilities are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances, such as when evidence of impairment exists. At December 28, 2014, no fair value adjustment or material fair value measurements were required for non-financial assets or liabilities.

- Definition

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

+ References + Details

Note E - Marketable Securities

9 Months Ended

Dec. 28, 2014

Notes to Financial Statements

Marketable Securities Disclosure [Text Block]

NOTE E – 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 December 28, 2014 and March 30, 2014, all marketable securities held by the Company have been classified as available-for-sale and, as a result, are stated at fair value (Note D), 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.

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 (in thousands):

	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
December 28, 2014	$	6,718	$	101	$	-	$	6,819

March 30, 2014	$	10,947	$	240	$	-	$	11,187

The municipal bonds held at December 28, 2014, mature at various dates between February 2015 and April 2017. The following represents the bond maturities by period (in thousands):

Fair value of Municipal Bonds	Total		Less than 1 Year		1 – 5 Years		5 – 10 Years		After 10 Years

December 28, 2014	$	6,819	$	4,463	$	2,356	$	-	$	-

The net unrealized losses on available-for-sale securities for the thirteen-week periods ended December 28, 2014 and December 29, 2013 of $19,000 and $33,000, respectively, net of deferred income tax benefit, of $12,000 and $21,000, respectively, have been included as a component of comprehensive income. The net unrealized losses on available-for-sale securities for the thirty-nine week periods ended December 28, 2014 and December 29, 2013 of $83,000 and $140,000, respectively, net of deferred income tax benefit, of $56,000 and $92,000, respectively, have 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 December 28, 2014 and March 30, 2014.

Note F - Accounts and Other Receivables, Net

9 Months Ended

Dec. 28, 2014

Notes to Financial Statements

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

NOTE F – ACCOUNTS AND OTHER RECEIVABLES, NET

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

	December 28,		March 30,
	2014		2014

Branded product sales	$	6,821	$	5,141
Franchise and license royalties		2,153		1,658
Other		1,857		1,457
		10,831		8,256

Less: allowance for doubtful accounts		426		433
Accounts and other receivables, net	$	10,405	$	7,823

Accounts receivable are due within 30 days and are stated at amounts due from Branded Product Program customers, franchisees, retail licensees and product manufacturers, net of an allowance for doubtful accounts. Accounts that are outstanding longer than the contractual payment terms are considered past due. The Company does not recognize franchise and license royalties that are not deemed to be realizable. The Company individually reviews each past due account and determines its allowance for doubtful accounts by considering a number of factors, including the length of time accounts receivable are past due, the Company’s previous loss history, the customer’s current and expected future ability to pay its obligation to the Company, the condition of the general economy and the industry as a whole. Based on management’s assessment, the Company provides for estimated uncollectable amounts through a charge to earnings. After the Company has used reasonable collection efforts it writes off accounts receivable through a charge to the allowance for doubtful accounts.

Changes in the Company’s allowance for doubtful accounts for the thirty-nine week period ended December 28, 2014 and the fiscal year ended March 30, 2014 are as follows (in thousands):

	December 28 , 2014			March 30, 2014

Beginning balance	$	433		$	130
Bad debt expense		7			21
Charges to other accounts		-			320
Accounts written off		(14	)		(38	)
Ending balance	$	426		$	433

- Definition

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

+ References + Details

Note G - Prepaid Expenses and Other Current Assets

9 Months Ended

Dec. 28, 2014

Notes to Financial Statements

Other Current Assets [Text Block]

NOTE G – PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consist of the following (in thousands):

	December 28 , 2014		March 30, 2014

Income taxes	$	608	$	2,059
Insurance		619		506
Other		403		564

	$	1,630	$	3,129

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

9 Months Ended

Dec. 28, 2014

Notes to Financial Statements

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

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

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

	December 28,		March 30,
	2014		2014
Payroll and other benefits	$	2,101	$	2,433
Accrued rebates		949		855
Rent and occupancy costs		174		163
Deferred revenue		146		734
Construction costs		132		281
Unexpended advertising funds		-		52
Other		600		233
	$	4,102	$	4,751

Other liabilities consist of the following (in thousands):

	December 28,		March 30,
	2014		2014
Deferred development fees	$	213	$	200
Reserve for uncertain tax positions		666		620
Deferred rental liability		606		661
Other		84		212
	$	1,569	$	1,693

Note I - Sales

9 Months Ended

Dec. 28, 2014

Notes to Financial Statements

Sales [Text Block]

NOTE I – SALES

The Company’s sales for the thirteen and thirty-nine weeks ended December 28, 2014 and December 29, 2013 are as follows (in thousands):

	Thirteen weeks ended				Thirty-nine weeks ended
	December 28, 2014		December 29, 2013		December 28, 2014		December 29, 2013

Branded Products	$	14,956	$	13,156	$	45,568	$	40,256
Company-operated restaurants		2,148		1,990		14,497		11,536
Other		194		90		582		211
Total sales	$	17,298	$	15,236	$	60,647	$	52,003

Note J - Income Taxes	9 Months Ended
Note J - Income Taxes	Dec. 28, 2014
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE J – INCOME TAXES The income tax provisions for the thirty-nine week periods ended December 28, 2014 and December 29, 2013 reflect effective tax rates of 40.9% and 39.3%, respectively, which have been reduced from statutory rates by 0.3% and 0.8%, respectively, for the differing effects of tax-exempt interest income. Nathan’s expects that its federal income tax rate will increase to 35% for the fiscal year ending March 29, 2015. The amount of unrecognized tax benefits at December 28, 2014 was $315,000, all of which would impact Nathan’s effective tax rate, if recognized. As of December 28, 2014, Nathan’s had $362,000 of accrued interest and penalties in connection with unrecognized tax benefits. During the fiscal year ending March 29, 2015, Nathan’s will seek to settle additional uncertain tax positions with the tax authorities. As a result, it is possible the amount of unrecognized tax benefits, excluding the related accrued interest and penalties, could be reduced by up to $64,000, which would favorably impact Nathan’s effective tax rate, although no assurances can be given in this regard. Nathan’s estimates its annual tax rate for the fiscal year ending March 29, 2015 will be in the range of approximately 39.5% to 41.5%. The final annual tax rate is subject to many variables, including the effect of tax-exempt interest earned, among other factors, and therefore cannot be determined until the end of the fiscal year; therefore, the actual tax rate could differ from our current estimates.

Note K - Share-based Compensation

9 Months Ended

Dec. 28, 2014

Notes to Financial Statements

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

NOTE K – SHARE-BASED COMPENSATION

Total share-based compensation during the thirteen-week periods ended December 28, 2014 and December 29, 2013 was $228,000 and $192,000, respectively. Total share-based compensation during the thirty-nine week periods ended December 28, 2014 and December 29, 2013 was $629,000 and $530,000, respectively. Total share-based compensation is included in general and administrative expense in our accompanying Consolidated Statements of Earnings. As of December 28, 2014, there was $2,044,000 of unamortized compensation expense related to share-based incentive awards. We expect to recognize this expense over approximately one year and four months, which represents the weighted average remaining requisite service periods for such awards.

During the thirty-nine week period ended December 28, 2014, the Company granted options to purchase 50,000 shares at an exercise price of $53.89 per share, all of which expire five years from the date of grant. All such stock options vest ratably over a four-year period commencing August 6, 2015.

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 during the thirty-nine weeks ended December 28, 2014, are as follows:

Weighted-average option fair values	$	11.970
Expected life (years)		4.5
Interest rate		1.66	%
Volatility		22.77	%
Dividend yield		0	%

The expected dividend yield is based on historical and projected dividend yields. The Company estimates expected 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.

During the thirty-nine weeks ended December 29, 2013, the Company granted 25,000 shares of restricted stock at a fair value of $49.80 per share representing the closing price on the date of grant, which will be fully vested five years from the date of grant. The restrictions on the shares lapse ratably over a five-year period on the annual anniversary of the date of grant. The compensation expense related to this restricted stock award is expected to be $1,245,000 and will be recognized, commencing on the grant date, over five years.

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

	Thirteen weeks ended				Thirty-nine weeks ended
	December 28, 2014		December 29, 2013		December 28, 2014		December 29, 2013

Stock options	$	93	$	56	$	224	$	168
Restricted stock		135		136		405		362
Total compensation cost	$	228	$	192	$	629	$	530

Stock options outstanding:

Transactions with respect to stock options for the thirty-nine weeks ended December 28, 2014 are as follows:

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

Options outstanding at March 30, 2014		279,500		$	15.22		2.07	$	9,381

Granted		50,000		$	53.89		-		-
Expired		-			-		-		-
Exercised		(59,250	)	$	12.22		-		-

Options outstanding at December 28, 2014		270,250		$	23.03		2.03	$	14,799

Options exercisable at December 28, 2014		175,875		$	15.59		1.45	$	10,940

Restricted stock:

Transactions with respect to restricted stock for the thirty-nine weeks ended December 28, 2014 are as follows:

				Weighted -
				Average
				Grant - date Fair value
	Shares			Per share
Unvested restricted stock at March 30, 2014		55,000		$	38.61

Granted		-			-
Vested		(15,000	)	$	36.13

Unvested restricted stock at December 28, 2014		40,000		$	39.54

Note L - Stockholders' Equity	9 Months Ended
Note L - Stockholders' Equity	Dec. 28, 2014
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE L – STOCKHOLDERS’ EQUITY During the period from October 2001 through December 28, 2014, Nathan’s purchased 4,647,687 shares of its common stock at a cost of approximately $56,800,000 pursuant to various stock repurchase plans previously authorized by the Board of Directors. During the thirty-nine-week period ended December 28, 2014, we repurchased 37,661 shares of common stock at a cost of $1,916,000. On September 11, 2014, the Company and Mutual Securities, Inc. (“MSI”) amended its existing agreement pursuant to which MSI was authorized on the Company’s behalf to purchase shares of the Company’s common stock, $.01 par value having a value of up to an additional $6,000,000, which purchases could commence on September 24, 2014. The agreement with MSI was adopted under the safe harbor provided by Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, as amended to assist the Company in implementing its previously announced stock purchase plans. As of December 28, 2014, an aggregate of 251,272 shares can still be purchased under Nathan’s existing stock buy-back program. Purchases may be made from time to time, depending on market conditions, in open market or privately-negotiated transactions, at prices deemed appropriate by management. There is no set time limit on the repurchases to be made under these stock-repurchase plans. 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. Upon such an event and payment of the purchase price of $100.00 (the “2013 Right Purchase Price”), each 2013 Right (except those held by the acquiring person or group) will entitle the holder to acquire one share of the Company’s common stock (or the economic equivalent thereof) or, if the then-current market price is less than the then current 2013 Right Purchase Price, a number of shares of the Company’s common stock which at the time of the transaction has a market value equal to the then current 2013 Right Purchase Price at a purchase price per share equal to the then current market price of the Company’s Common Stock. The Company’s Board of Directors may redeem the 2013 Rights prior to the time they are triggered. Upon adoption of the 2013 Rights Plan, the Company initially reserved 10,188,600 shares of common stock for issuance upon exercise of the 2013 Rights. The 2013 Rights will expire on June 17, 2018 unless earlier redeemed or exchanged by the Company. At December 28, 2014, the Company has reserved 6,515,345 shares of common stock for issuance upon exercise of the Common Stock Purchase Rights approved by the Board of Directors on June 5, 2013.

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 4.E)
-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.29-31)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB TOPIC 4.C)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph d
-Article 4

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 18: http://www.xbrl.org/2003/role/presentationRef
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Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

Note M - Commitments and Contingencies	9 Months Ended
Note M - Commitments and Contingencies	Dec. 28, 2014
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE M - COMMITMENTS AND CONTINGENCIES 1. Contingencies The Company and its subsidiaries are from time to time involved in ordinary and routine litigation. Management presently believes that the ultimate outcome of these proceedings, individually or in the aggregate, will not have a material adverse effect on the Company’s financial position, cash flows or results of operations. Nevertheless, litigation is subject to inherent uncertainties and unfavorable rulings could occur. An unfavorable ruling could include money damages and, in such event, could result in a material adverse impact on the Company’s results of operations for the period in which the ruling occurs or is implemented. 2. Guaranty On December 1, 2009, a wholly-owned subsidiary of the Company executed a Guaranty of Lease (the “Guaranty”) in connection with its re-franchising of a restaurant located in West Nyack, New York. The Guaranty 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. We have recorded a liability of approximately $76,000 in connection with the 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. In connection with Nathan’s franchise agreement, Nathan’s has received a personal guaranty from the franchisee for all obligations under the Guaranty. To date, Nathan’s has not been required to make any payments pursuant to the Guaranty.

Note N - Superstorm Sandy	9 Months Ended
Note N - Superstorm Sandy	Dec. 28, 2014
Notes to Financial Statements
Extraordinary Items Disclosure [Text Block]	NOTE N – SUPERSTORM SANDY On October 29, 2012, Superstorm 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 remains closed. 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 re-opened on May 20, 2013. As a result of these damages, the Company incurred actual losses during the fiscal year ended March 31, 2013, of approximately $1,340,000, inclusive of amounts written off of $449,000 related to destroyed or damaged property and equipment and $42,000 of unsalable inventories. The Company settled the property damage claim with its insurers and received payments of approximately $3,400,000, net of fees, from our insurer and used these proceeds towards the rebuilding of the restaurant. In connection with the settlement of the property and casualty loss, the Company recognized a gain of approximately $2,801,000 during the quarter ended June 30, 2013. In April 2014, the Company settled its claim for reimbursable on-going business expenses while the restaurant was closed of approximately $718,000, net of fees, that was included in accounts and other receivables in the accompanying balance sheet as of March 30, 2014.

Note O - Reclassifications	9 Months Ended
Note O - Reclassifications	Dec. 28, 2014
Notes to Financial Statements
Reclassifications [Text Block]	NOTE O - RECLASSIFICATIONS The Company has revised the presentation of certain license royalties of $9,000 and $31,000 during the thirteen and thirty-nine week periods ended December 29, 2013 to franchise royalties in the consolidated statements of earnings to conform to the current period presentation. There was no impact on total revenues, earnings before provision for income taxes and net income as a result of these reclassifications.

Note C - Income Per Share (Tables)

9 Months Ended

Dec. 28, 2014

Notes Tables

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

Thirteen weeks
									Net Income
	Net Income				Number of Shares				Per Share
	2014		2013		2014		2013		2014			2013
	(in thousands)				(in thousands)
Basic EPS
Basic calculation	$	2,241	$	1,107		4,482		4,466	$	0.50		$	0.25
Effect of dilutive employee stock options		-		-		121		156		(0.01	)		(0.01	)
Diluted EPS
Diluted calculation	$	2,241	$	1,107		4,603		4,622	$	0.49		$	0.24

Thirty-nine weeks
									Net Income
	Net Income				Number of Shares				Per Share
	2014		2013		2014		2013		2014			2013
	(in thousands)				(in thousands)
Basic EPS
Basic calculation	$	10,166	$	7,109		4,475		4,447	$	2.27		$	1.60
Effect of dilutive employee stock options		-		-		121		162		(0.06	)		(0.06	)
Diluted EPS
Diluted calculation	$	10,166	$	7,109		4,596		4,609	$	2.21		$	1.54

Note D - Fair Value Measurements (Tables)

9 Months Ended

Dec. 28, 2014

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

December 28 , 201 4	Level 1		Level 2		Level 3		Carrying Value
Marketable securities	$	-	$	6,819	$	-	$	6,819
Total assets at fair value	$	-	$	6,819	$	-	$	6,819

March 30, 2014	Level 1		Level 2		Level 3		Carrying Value
Marketable securities	$	-	$	11,187	$	-	$	11,187
Total assets at fair value	$	-	$	11,187	$	-	$	11,187

Note E - Marketable Securities (Tables)

9 Months Ended

Dec. 28, 2014

Notes Tables

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
December 28, 2014	$	6,718	$	101	$	-	$	6,819

March 30, 2014	$	10,947	$	240	$	-	$	11,187

Investments Classified by Contractual Maturity Date [Table Text Block]

Fair value of Municipal Bonds	Total		Less than 1 Year		1 – 5 Years		5 – 10 Years		After 10 Years

December 28, 2014	$	6,819	$	4,463	$	2,356	$	-	$	-

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

9 Months Ended

Dec. 28, 2014

Notes Tables

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

	December 28,		March 30,
	2014		2014

Branded product sales	$	6,821	$	5,141
Franchise and license royalties		2,153		1,658
Other		1,857		1,457
		10,831		8,256

Less: allowance for doubtful accounts		426		433
Accounts and other receivables, net	$	10,405	$	7,823

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

	December 28 , 2014			March 30, 2014

Beginning balance	$	433		$	130
Bad debt expense		7			21
Charges to other accounts		-			320
Accounts written off		(14	)		(38	)
Ending balance	$	426		$	433

Note G - Prepaid Expenses and Other Current Assets (Tables)

9 Months Ended

Dec. 28, 2014

Notes Tables

Schedule of Other Current Assets [Table Text Block]

	December 28 , 2014		March 30, 2014

Income taxes	$	608	$	2,059
Insurance		619		506
Other		403		564

	$	1,630	$	3,129

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

9 Months Ended

Dec. 28, 2014

Notes Tables

Schedule of Accrued Liabilities [Table Text Block]

	December 28,		March 30,
	2014		2014
Payroll and other benefits	$	2,101	$	2,433
Accrued rebates		949		855
Rent and occupancy costs		174		163
Deferred revenue		146		734
Construction costs		132		281
Unexpended advertising funds		-		52
Other		600		233
	$	4,102	$	4,751

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

	December 28,		March 30,
	2014		2014
Deferred development fees	$	213	$	200
Reserve for uncertain tax positions		666		620
Deferred rental liability		606		661
Other		84		212
	$	1,569	$	1,693

Note I - Sales (Tables)

9 Months Ended

Dec. 28, 2014

Notes Tables

Revenue from External Customers by Products and Services [Table Text Block]

	Thirteen weeks ended				Thirty-nine weeks ended
	December 28, 2014		December 29, 2013		December 28, 2014		December 29, 2013

Branded Products	$	14,956	$	13,156	$	45,568	$	40,256
Company-operated restaurants		2,148		1,990		14,497		11,536
Other		194		90		582		211
Total sales	$	17,298	$	15,236	$	60,647	$	52,003

Note K - Share-based Compensation (Tables)

9 Months Ended

Dec. 28, 2014

Notes Tables

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Weighted-average option fair values	$	11.970
Expected life (years)		4.5
Interest rate		1.66	%
Volatility		22.77	%
Dividend yield		0	%

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

	Thirteen weeks ended				Thirty-nine weeks ended
	December 28, 2014		December 29, 2013		December 28, 2014		December 29, 2013

Stock options	$	93	$	56	$	224	$	168
Restricted stock		135		136		405		362
Total compensation cost	$	228	$	192	$	629	$	530

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

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

Options outstanding at March 30, 2014		279,500		$	15.22		2.07	$	9,381

Granted		50,000		$	53.89		-		-
Expired		-			-		-		-
Exercised		(59,250	)	$	12.22		-		-

Options outstanding at December 28, 2014		270,250		$	23.03		2.03	$	14,799

Options exercisable at December 28, 2014		175,875		$	15.59		1.45	$	10,940

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

				Weighted -
				Average
				Grant - date Fair value
	Shares			Per share
Unvested restricted stock at March 30, 2014		55,000		$	38.61

Granted		-			-
Vested		(15,000	)	$	36.13

Unvested restricted stock at December 28, 2014		40,000		$	39.54

Note C - Income Per Share (Details Textual) - shares	3 Months Ended		9 Months Ended
Note C - Income Per Share (Details Textual) - shares	Dec. 28, 2014	Dec. 29, 2013	Dec. 28, 2014	Dec. 29, 2013
Income per share:
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0	0	0

Note C - Income Per Share - Table of Earnings Per Share Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 28, 2014	Dec. 29, 2013	Dec. 28, 2014	Dec. 29, 2013
Basic EPS
Basic calculation	$ 2,241	$ 1,107	$ 10,166	$ 7,109
Basic (in shares)	4,482,000	4,466,000	4,475,000	4,447,000
Basic (in dollars per share)	$ 0.50	$ 0.25	$ 2.27	$ 1.60
Effect of dilutive employee stock options (in shares)	121,000	156,000	121,000	162,000
Effect of dilutive employee stock options (in dollars per share)	$ (0.01)	$ (0.01)	$ (0.06)	$ (0.06)
Diluted EPS
Diluted calculation	$ 2,241	$ 1,107	$ 10,166	$ 7,109
Diluted (in shares)	4,603,000	4,622,000	4,596,000	4,609,000
Diluted (in dollars per share)	$ 0.49	$ 0.24	$ 2.21	$ 1.54

Note D - Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Dec. 28, 2014	Mar. 30, 2014
Marketable securities	$ 6,819,000	$ 11,187,000
Fair Value, Inputs, Level 2 [Member]
Marketable securities	$ 6,819,000	$ 11,187,000

Note E - Marketable Securities (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 28, 2014	Dec. 29, 2013	Dec. 28, 2014	Dec. 29, 2013
Marketable Securities [Abstract]
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax	$ (19,000)	$ (33,000)	$ (83,000)	$ (140,000)
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	$ (12,000)	$ (21,000)	$ (56,000)	$ (92,000)

Note E - Marketable Securities - Marketable Securities (Details) - USD ($)	Dec. 28, 2014	Mar. 30, 2014
Cost	$ 6,718,000	$ 10,947,000
Gross Unrealized Gains	101,000	240,000
Gross Unrealized Losses	0	0
Fair Market Value	$ 6,819,000	$ 11,187,000

Note E - Marketable Securities - Bond Maturities by Period (Details)	Dec. 28, 2014 USD ($)
Marketable securities	$ 6,819,000
December 28, 2014	4,463,000
December 28, 2014	$ 2,356,000

Note F - Accounts and Other Receivables, Net (Details Textual)	9 Months Ended
	Dec. 28, 2014
Receivables [Abstract]
Accounts Receivable Payment Terms	30 days

Note F - Accounts and Other Receivables, Net - Accounts and Other Receivables, Net (Details) - USD ($)	Dec. 28, 2014	Mar. 30, 2014
Accounts Receivable, Gross, Current	$ 10,831,000	$ 8,256,000
Less: allowance for doubtful accounts	426,000	433,000
Accounts and other receivables, net	10,405,000	7,823,000
Branded Product Sales [Member]
Accounts Receivable, Gross, Current	6,821,000	5,141,000
Franchise and License Royalties [Member]
Accounts Receivable, Gross, Current	2,153,000	1,658,000
Other Receivables [Member]
Accounts Receivable, Gross, Current	$ 1,857,000	$ 1,457,000

Note F - Accounts and Other Receivables, Net - Changes in Allowance for Doubtful Accounts (Details) - USD ($)	9 Months Ended	12 Months Ended
	Dec. 28, 2014	Mar. 30, 2014
Beginning balance	$ 433,000	$ 130,000
Bad debt expense	7,000	21,000
Charges to other accounts	0	320,000
Accounts written off	(14,000)	(38,000)
Ending balance	$ 426,000	$ 433,000

Note G - Prepaid Expenses and Other Current Assets - Prepaid Expenses and Other Current Assets (Details) - USD ($)	Dec. 28, 2014	Mar. 30, 2014
Income taxes	$ 608,000	$ 2,059,000
Insurance	619,000	506,000
Other	403,000	564,000
	$ 1,630,000	$ 3,129,000

Note H - Accrued Expenses, Other Current Liabilities and Other Liabilities - Accrued Expenses and Other Current Liabilities (Details) - USD ($)	Dec. 28, 2014	Mar. 30, 2014
Payroll and other benefits	$ 2,101,000	$ 2,433,000
Accrued rebates	949,000	855,000
Rent and occupancy costs	174,000	163,000
Construction costs	132,000	281,000
Unexpended advertising funds		52,000
Other	600,000	233,000
	4,102,000	4,751,000
Deferred Franchise Fees And Other Deferred Revenue [Member]
Deferred franchise fees	$ 146,000	$ 734,000

Note H - Accrued Expenses, Other Current Liabilities and Other Liabilities - Other Liabilities (Details) - USD ($)	Dec. 28, 2014	Mar. 30, 2014
Deferred development fees	$ 213,000	$ 200,000
Reserve for uncertain tax positions	666,000	620,000
Deferred rental liability	606,000	661,000
Other	84,000	212,000
	$ 1,569,000	$ 1,693,000

Note I - Sales - Sales (Details) - USD ($)	3 Months Ended		9 Months Ended
Note I - Sales - Sales (Details) - USD ($)	Dec. 28, 2014	Dec. 29, 2013	Dec. 28, 2014	Dec. 29, 2013
Branded Products	$ 17,298,000	$ 15,236,000	$ 60,647,000	$ 52,003,000
Branded Product Sales [Member]
Branded Products	14,956,000	13,156,000	45,568,000	40,256,000
Company Operated Restaurants [Member]
Branded Products	2,148,000	1,990,000	14,497,000	11,536,000
Other Products [Member]
Branded Products	$ 194,000	$ 90,000	$ 582,000	$ 211,000

Note J - Income Taxes (Details Textual) - USD ($)	9 Months Ended
Note J - Income Taxes (Details Textual) - USD ($)	Dec. 28, 2014	Dec. 29, 2013
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, Percent	40.90%	39.30%
Effective Income Tax Rate Reconciliation, Tax Exempt Income, Percent	0.30%	0.80%
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 315,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	362,000
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit	$ (64,000)
Estimated Annual Tax Rate Lower End of Range	39.50%
Estimated Annual Tax Rate Upper End of Range	41.50%
Scenario, Forecast [Member]
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%

Note K - Share-based Compensation (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 28, 2014	Dec. 29, 2013	Dec. 28, 2014	Dec. 29, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			1 year 120 days
Stock options	$ 228,000	$ 192,000	$ 629,000	$ 530,000
Share Based Compensation Total Unamortized Compensation Expense	2,044,000		$ 2,044,000
Granted (in shares)			50,000
Granted (in dollars per share)			$ 53.89
Share Based Compensation Arrangement by Share Based Payment Award Option Life			5 years
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			4 years
Restricted Stock [Member]
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition				5 years
Stock options	$ 135,000	136,000	$ 405,000	$ 362,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period				5 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period				25,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value				$ 49.80
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized		$ 1,245,000		$ 1,245,000

Note K - Share-based Compensation - Fair Value Option Valuation Assumptions (Details)	9 Months Ended
	Dec. 28, 2014 $ / shares Rate
Weighted-average option fair values (in dollars per share) \| $ / shares	$ 11.97
Expected life (years)	4 years 182 days
Interest rate	1.66%
Volatility	22.77%
Dividend yield \| Rate	0.00%

Note K - Share-based Compensation - Compensation Cost Charged to Expense under All Stock-based Incentive Awards (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 28, 2014	Dec. 29, 2013	Dec. 28, 2014	Dec. 29, 2013
Stock options	$ 228	$ 192	$ 629	$ 530
Employee Stock Option [Member]
Stock options	93	56	224	168
Restricted Stock [Member]
Stock options	$ 135	$ 136	$ 405	$ 362

Note K - Share-based Compensation - A Summary of the Status of the Company's Stock Options (Details) - USD ($)	9 Months Ended	12 Months Ended
	Dec. 28, 2014	Mar. 30, 2014
Options outstanding at March 30, 2014 (in shares)	270,250	279,500
Options outstanding at March 30, 2014 (in dollars per share)	$ 23.03	$ 15.22
Options outstanding at March 30, 2014	2 years 10 days	2 years 25 days
Options outstanding at March 30, 2014	$ 14,799	$ 9,381
Granted (in shares)	50,000
Granted (in dollars per share)	$ 53.89
Expired (in shares)	0
Expired (in dollars per share)	$ 0
Exercised (in shares)	(59,250)
Exercised (in dollars per share)	$ 12.22
Options exercisable at December 28, 2014 (in shares)	175,875
Options exercisable at December 28, 2014 (in dollars per share)	$ 15.59
Options exercisable at December 28, 2014	1 year 164 days
Options exercisable at December 28, 2014	$ 10,940

Note K - Share-based Compensation - Transactions with Respect to Restricted Stock (Details)	9 Months Ended
	Dec. 28, 2014 $ / shares shares
Unvested restricted stock at March 30, 2014 (in shares) \| shares	40,000
Unvested restricted stock at March 30, 2014 (in dollars per share) \| $ / shares	$ 39.54
Vested (in shares) \| shares	(15,000)
Vested (in dollars per share) \| $ / shares	$ 36.13

Note L - Stockholders' Equity (Details Textual) - USD ($)	9 Months Ended	159 Months Ended
	Dec. 28, 2014	Dec. 28, 2014	Sep. 11, 2014	Mar. 30, 2014	Jun. 05, 2013
Stockholders' Equity Note [Abstract]
Treasury Stock, Shares, Acquired	37,661	4,647,687
Treasury Stock, Value, Acquired, Cost Method	$ 1,916,000	$ 56,800,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01	$ 0.01	$ 0.01
Stock Repurchase Program, Authorized Amount			$ 6,000,000
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	251,272	251,272
Minimum Percentage of Common Stock Acquired by a Person or Group which Triggers Exercise of New Rights					15.00%
New Right Purchase Price					$ 100
Common Stock, Capital Shares Reserved for Future Issuance	6,515,345	6,515,345			10,188,600

Note M - Commitments and Contingencies (Details Textual)	Dec. 01, 2009 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Guarantor Obligations, Current Carrying Value	$ 76,000

Note N - Superstorm Sandy (Details Textual)	1 Months Ended	3 Months Ended			5 Months Ended	9 Months Ended
Note N - Superstorm Sandy (Details Textual)	Apr. 30, 2014 USD ($)	Dec. 28, 2014 USD ($)	Dec. 29, 2013 USD ($)	Jun. 30, 2013 USD ($)	Mar. 31, 2013 USD ($)	Dec. 28, 2014 USD ($)	Dec. 29, 2013 USD ($)	Oct. 29, 2012
Extraordinary and Unusual Items [Abstract]
Loss from Catastrophes					$ 1,340,000
Proceeds from Insurance Settlement, Investing Activities				$ 3,400,000
Insured Event, Gain (Loss)		$ 0	$ 0	$ 2,801,000		$ 0	$ 2,801,000
Proceeds from Insurance Settlement, Operating Activities	$ 718,000					$ 718,000	$ 0
Closed for Varying Periods of Time [Member]
Extraordinary and Unusual Items [Abstract]
Number of Restaurants								78
Unsalable Inventories [Member]
Extraordinary and Unusual Items [Abstract]
Loss from Catastrophes					42,000
Write Off of Property and Equipment [Member]
Extraordinary and Unusual Items [Abstract]
Loss from Catastrophes					$ 449,000
Branded Menu Location [Member] \| Closed for Varying Periods of Time [Member]
Extraordinary and Unusual Items [Abstract]
Number of Restaurants								18
Branded Menu Location [Member] \| Remain Closed [Member]
Extraordinary and Unusual Items [Abstract]
Number of Restaurants								1

Note O - Reclassifications (Details Textual) - USD ($)	3 Months Ended	9 Months Ended
Note O - Reclassifications (Details Textual) - USD ($)	Dec. 29, 2013	Dec. 29, 2013
Reclassification from License Royalties to Franchise Royalties [Member]
Accounting Policies [Abstract]
Prior Period Reclassification Adjustment	$ 9,000	$ 31,000

Label	Element	Value
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	55,000
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	$ 38.61