IEH (IEHC) 10-K 10 Jul 15 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 27, 2015	Jun. 26, 2015	Sep. 26, 2014
Document And Entity Information
Entity Registrant Name	IEH CORPORATION
Entity Central Index Key	50,292
Document Type	10-K
Document Period End Date	Mar. 27, 2015
Amendment Flag	false
Current Fiscal Year End Date	--03-27
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 7,162,942.80
Entity Common Stock, Shares Outstanding		2,303,468
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Mar. 27, 2015	Mar. 28, 2014
CURRENT ASSETS:
Cash	$ 1,721,410	$ 1,733,460
Accounts receivable, less allowances for doubtful accounts of $11,562 at March 27, 2015 and at March 28, 2014	2,226,707	1,655,930
Inventories (Note 2)	6,749,659	4,581,432
Excess payments to accounts receivable factor (Note 5)	43,041	630,059
Prepaid expenses and other current assets (Note 3)	354,451	780,173
Total Current Assets	11,095,268	9,381,054
PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $8,272,106 at March 27, 2015 and $7,939,106 at March 28, 2014 (Note 4)	1,691,541	1,576,476
OTHER ASSETS:
Other assets	54,361	46,284
Total Assets	12,841,170	11,003,814
CURRENT LIABILITIES:
Accounts payable	138,653	267,599
Accrued corporate income taxes	181,934	96,169
Other current liabilities (Note 6)	630,125	559,143
Total Current Liabilities	950,712	922,911
Total Liabilities	950,712	922,911
STOCKHOLDERS' EQUITY:
Common stock, $.01 par value; 10,000,000 shares authorized; 2,303,468 shares issued and outstanding at March 27, 2015 and March 28, 2014	23,035	23,035
Capital in excess of par value	2,744,573	2,744,573
Retained earnings	9,122,850	7,313,295
Total Stockholders' Equity	11,890,458	10,080,903
Total Liabilities and Stockholders' Equity	$ 12,841,170	$ 11,003,814

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - USD ($)	Mar. 27, 2015	Mar. 28, 2014
BALANCE SHEETS [Abstract]
Allowances for doubtful accounts	$ 11,562	$ 11,562
Accumulated depreciation and amortization	$ 8,272,106	$ 7,939,106
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	2,303,468	2,303,468
Common stock, shares outstanding	2,303,468	2,303,468

STATEMENTS OF OPERATIONS

STATEMENTS OF OPERATIONS - USD ($) shares in Thousands	12 Months Ended
	Mar. 27, 2015	Mar. 28, 2014
STATEMENTS OF OPERATIONS [Abstract]
REVENUE, net sales (Note 13)	$ 16,392,217	$ 15,431,944
COSTS AND EXPENSES:
Cost of products sold	10,302,640	9,887,351
Selling, general and administrative	2,617,212	2,702,742
Interest expense	17,782	21,349
Depreciation and amortization	333,000	273,899
Total Costs and Expenses	13,270,634	12,885,341
OPERATING INCOME	3,121,583	2,546,603
OTHER INCOME	912	54,720
INCOME BEFORE INCOME TAXES	3,122,495	2,601,323
PROVISION FOR INCOME TAXES	(1,312,940)	(1,147,616)
NET INCOME	$ 1,809,555	$ 1,453,707
BASIC AND DILUTED EARNINGS PER COMMON SHARE (Note 1)	$ 0.79	$ 0.63
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (IN THOUSANDS)	2,303	2,303

STATEMENTS OF STOCKHOLDERS' EQU

STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)	Total	Common Stock [Member]	Capital in Excess of Par Value [Member]	Retained Earnings [Member]
Balances, beginning at Mar. 29, 2013	$ 8,627,196	$ 23,035	$ 2,744,573	$ 5,859,588
Balances, beginning, shares at Mar. 29, 2013		2,303,468
Net income	1,453,707			1,453,707
Balances, ending at Mar. 28, 2014	$ 10,080,903	$ 23,035	$ 2,744,573	7,313,295
Balances, ending, shares at Mar. 28, 2014	2,303,468	2,303,468
Net income	$ 1,809,555			1,809,555
Balances, ending at Mar. 27, 2015	$ 11,890,458	$ 23,035	$ 2,744,573	$ 9,122,850
Balances, ending, shares at Mar. 27, 2015	2,303,468	2,303,468

STATEMENTS OF CASH FLOWS

STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Mar. 27, 2015	Mar. 28, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 1,809,555	$ 1,453,707
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	333,000	273,899
Changes in assets and liabilities:
(Increase) decrease in accounts receivable	(570,777)	161,838
(Increase) decrease in excess payments to accounts receivable factor	587,018	(593,143)
(Increase) in inventories	(2,168,227)	(118,252)
Decrease in prepaid expenses and other current assets	425,722	175,053
(Increase) in other assets	(8,077)	(12,064)
Increase (decrease) in accounts payable	(128,946)	193,095
Increase in other current liabilities	70,982	108,980
Increase in accrued corporate income taxes	85,765	96,169
(Decrease) in workers compensation assessment		(68,995)
Total adjustments	(1,373,540)	216,580
NET CASH PROVIDED BY OPERATING ACTIVITIES	436,015	1,670,287
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(448,065)	(352,684)
NET CASH (USED) BY INVESTING ACTIVITIES	(448,065)	(352,684)
CASH FLOWS FROM FINANCING ACTIVITIES:
INCREASE (DECREASE) IN CASH	(12,050)	1,317,603
CASH, beginning of period	1,733,460	415,857
CASH, end of period	1,721,410	1,733,460
Cash paid during the year for:
Interest	17,782	21,349
Income Taxes	$ 786,000	$ 1,110,000

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Mar. 27, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Note 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Description of Business: The Company designs, develops and manufactures printed circuit connectors for high performance applications. We have also developed a high performance plastic circular connector line. All of our connectors utilize the HYPERBOLOID contact design, a rugged, high-reliability contact system ideally suited for high-stress environments. We are the only independent producer of HYPERBOLOID in the United States. The Company's customers consist of OEM's (Original Equipment Manufacturers), companies manufacturing medical equipment, and distributors who resell the Company's products to OEMs. The customers the Company services are in the Government, Military, Aerospace, Medical, Automotive, Industrial, Test Equipment and Commercial Electronics markets. 37 55 Accounting Period: The Company maintains an accounting period based upon a 52 53 st 52 52 Revenue Recognition: Revenues are recognized at the shipping date of the Company's products. The Company has historically adopted the shipping terms that title to merchandise passes to the customer at the shipping point (FOB Shipping Point). At this juncture, title has passed, the Company has recognized the sale, inventory has been relieved, and the customer has been invoiced. The Company does not offer any discounts, credits or other sales incentives. The Company's policy with respect to customer returns and allowances as well as product warranty is as follows: The Company will accept a return of a defective product within one year from shipment for repair or replacement at the Company's option. If the product is repairable, the Company at its own cost will repair and return to the customer. If unrepairable, the Company will either offer an allowance against payment or will reimburse the customer for the total cost of the defective product. Most of the Company's products are custom ordered by customers for a specific use. The Company provides engineering services as part of the relationship with its customers in developing the custom product. The Company is not obligated to provide such engineering service to its customers. The Company does not charge its customers separately for these services. Inventories: Inventories are stated at cost, on a first-in, first-out basis, which does not exceed market value. The Company manufactures products pursuant to specific technical and contractual requirements. The Company historically purchases material in excess of its requirements to avail itself of favorable pricing as well as the possibility of receiving additional orders from customers. This excess may result in material not being used in subsequent periods, which may result in this material being deemed obsolete. The Company annually reviews its purchase and usage activity of its inventory of parts as well as work in process and finished goods to determine which items of inventory have become obsolete within the framework of current and anticipated orders. The Company based upon historical experience has determined that if a part has not been used and purchased or an item of finished goods has not been sold in three years, it is deemed to be obsolete. The Company estimates which materials may be obsolete and which products in work in process or finished goods may be sold at less than cost. A periodic adjustment, based upon historical experience is made to inventory in recognition of this impairment. Concentration of Credit Risk: Financial instruments which potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. Under the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act that was signed into law on July 21, 2010, the Federal Deposit Insurance Corporation (FDIC) will permanently insure all accounts maintained with financial institutions up to $ 250,000 As of March 27, 2015, the Company had funds on deposit in the amount of $1,721,410 in one financial institution comprised of the following: Non-interest bearing accounts $ 839,468 Interest bearing account 881,942 $ 1,721,410 The Company has not experienced any losses in such accounts and believes its cash balances are not exposed to any significant risk. Property, Plant and Equipment: Property, plant and equipment are stated at cost less accumulated depreciation and amortization. 5 7 Maintenance and repair expenditures are charged to operations, and renewals and betterments are capitalized. Income Taxes: The Company follows the policy of treating investment tax credits as a reduction in the provision for federal income tax in the year in which the credit arises or may be utilized. Net Income Per Share: The Company has adopted the provisions of ASC Topic 260, Earnings Per Share which includes the provisions of SFAS No. 128, “Earnings Per Share”, which requires the disclosure of “basic” and “diluted” earnings (loss) per share. Fair Value of Financial Instruments: The carrying value of the Company's financial instruments, consisting of accounts receivable, accounts payable, and borrowings, approximate their fair value due to the relatively short maturity (three months) of these instruments Use of Estimates: The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses, and disclosure of contingent assets and liabilities at the date of the financial statements. Impairment of Long-Lived Assets: The Company has adopted the provisions of ASC Topic 360, Property, Plant and Equipment-Impairment or Disposal of Long Lived Assets which includes the provisions of SFAS No. 144, “Accounting For The Impairment of Long-Lived Assets And Long-Lived Assets To Be Disposed Of”, and requires that long-lived assets and certain identifiable intangibles to be held and used by an entity be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Reporting Comprehensive Income: The Company has adopted the provisions of ASC Topic 220, Comprehensive Income which includes the provisions of SFAS No. 130, “Reporting Comprehensive Income”. Segment Information: The Company has adopted the provisions of ASC Topic 280, Segment Reporting which includes the Provisions of SFAS No. 131, “Disclosures About Segment of An Enterprise and Related Information.” This Statement requires public enterprises to report financial and descriptive information about its reportable operating segments and establishes standards for related disclosures about product and services, geographic areas, and major customers. Research and Development: The Company provides personalized engineering services to its customers by designing connectors for specific customer applications. The Company did not expend any funds on, nor receive any revenues related to, customer sponsored research and development activities relating to the development of new designs, techniques and the improvement of existing designs during the years ended March 27, 2015 and March 28, 2014, respectively. Effect of New Accounting Pronouncements: In February 2013, the FASB issued ASU 2013-02, "Comprehensive Income (Topic 220), Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income". The amendments do not change the current requirements for reporting net income or other comprehensive income in financial statements. However, the amendments require an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S.GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about those amounts. The pronouncement is effective for fiscal years and interim periods ending after December 15, 2012. The adoption of this pronouncement did not have a material effect on our Company's financial position or results of operations. In October 2012, the FASB issued ASU 2012-04 "Technical corrections and improvements". This ASU makes certain technical correction to the FASB Accounting Standards Codification. The new guidance will be effective for fiscal years beginning after December 15, 2012. The adoption of the new amendments did not have a significant impact on our financial statements. In July, 2012, the FASB issued ASU 2012-02, "Intangibles - Goodwill and Other (Topic). ASU 2012-02 amends the required annual impairment testing of indefinite-lived intangible assets by providing an entity an option to first assess qualitative factors to determine whether it is more likely than not that the fair value of the indefinite-lived asset is less than its carrying amount. If, after assessing the totality of events and circumstances, an entity determines it is not more likely than not that the fair value of the indefinite-lived asset is less than its carrying amount, then performing the two-step impairment test under Topic 350-30 is unnecessary. However, if an entity concludes otherwise, then it is required to perform the impairment testing under Topic 350-30-35-18F by calculating the fair value of the reporting unit and comparing the results with the carrying amount. If the fair value exceeds the carrying amount, then the entity must perform the second step test of measuring the amount of the impairment test under Topic 350-30-35-19. An entity has the option to bypass the qualitative assessment and proceed directly to the two step goodwill impairment test. Additionally, the entity has the option to resume with the qualitative testing in any subsequent period. The pronouncement is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012 and early adoption is permitted. Our Company's adoption of the new standard is not expected to have a material effect on our Company's financial position or results of operations. In December 2011, the FASB issued ASU 2011-11 "Disclosures about offsetting assets and liabilities". Under the new guidance entities must disclose both gross information and net information on instruments and transactions eligible for offset on the balance sheet in accordance with the offsetting guidance in ASC 210-20-45 or ASC 815-10-45, and instruments and transactions subject to an agreement similar to a master netting arrangement. The new guidance will be effective for the Company beginning April 1, 2013. The adoption of the new amendments is not expected to have a significant impact on our Company's financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on our Company's financial statements upon adoption.

INVENTORIES

INVENTORIES	12 Months Ended
	Mar. 27, 2015
INVENTORIES [Abstract]
INVENTORIES	Note 2 - INVENTORIES: Inventories are stated at cost, on a first-in, first-out basis, which does not exceed market value. The Company manufactures products pursuant to specific technical and contractual requirements. The Company historically purchases material in excess of its requirements to avail itself of favorable pricing as well as the possibility of receiving additional orders from customers. This excess may result in material not being used in subsequent periods, which may result in this material being deemed obsolete. The Company annually reviews its purchase and usage activity of its inventory of parts as well as work in process and finished goods to determine which items of inventory have become obsolete within the framework of current and anticipated orders. The Company based upon historical experience has determined that if a part has not been used and purchased or an item of finished goods has not been sold in three years, it is deemed to be obsolete. The Company estimates which materials may be obsolete and which products in work in process or finished goods may be sold at less than cost. A periodic adjustment, based upon historical experience is made to inventory in recognition of this impairment. Inventories are comprised of the following: March 27, March 28, 2015 2014 Raw materials $ 4,752,311 $ 2,655,600 Work in progress 980,427 1,181,575 Finished goods 1,016,921 744,257 $ 6,749,659 $ 4,581,432

PREPAID EXPENSES AND OTHER CURR

PREPAID EXPENSES AND OTHER CURRENT ASSETS	12 Months Ended
	Mar. 27, 2015
PREPAID EXPENSES AND OTHER CURRENT ASSETS [Abstract]
PREPAID EXPENSES AND OTHER CURRENT ASSETS	Note 3 - PREPAID EXPENSES AND OTHER CURRENT ASSETS: Prepaid expenses and other current assets are comprised of the following: March 27, March 28, 2015 2014 Prepaid insurance $ 15,791 $ 5,735 Prepaid corporate taxes 338,660 774,438 $ 354,451 $ 780,173

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Mar. 27, 2015
PROPERTY, PLANT AND EQUIPMENT [Abstract]
PROPERTY, PLANT AND EQUIPMENT	Note 4 - PROPERTY, PLANT AND EQUIPMENT: Property, plant and equipment are as follows: March 27, March 28, 2015 2014 Computers $ 382,698 $ 315,500 Leasehold improvements 830,442 792,657 Machinery and equipment 5,520,429 5,341,123 Tools and dies 3,050,384 2,887,274 Furniture and fixture 170,644 169,978 Website development cost 9,050 9,050 9,963,647 9,515,582 Less: accumulated depreciation and amortization (8,272,106 ) (7,939,106 ) $ 1,691,541 $ 1,576,476

ACCOUNTS RECEIVABLE FINANCING

ACCOUNTS RECEIVABLE FINANCING	12 Months Ended
	Mar. 27, 2015
ACCOUNTS RECEIVABLE FINANCING [Abstract]
ACCOUNTS RECEIVABLE FINANCING	Note 5 - ACCOUNTS RECEIVABLE FINANCING: The Company has an accounts receivable financing agreement with a non-bank lending institution (“Factor”) whereby it can borrow up to 80 12 The financing agreement has an initial term of one 60 43,041 630,059

OTHER CURRENT LIABILITIES

OTHER CURRENT LIABILITIES	12 Months Ended
	Mar. 27, 2015
OTHER CURRENT LIABILITIES [Abstract]
OTHER CURRENT LIABILITIES	Note 6 - OTHER CURRENT LIABILITIES: Other current liabilities are comprised of the following: March 27, March 28, 2015 2014 Payroll and vacation accruals $ 569,725 $ 496,388 Sales commissions 44,844 46,758 Insurance 10,556 6,487 Other 5,000 9,510 $ 630,125 $ 559,143

INCOME TAXES

INCOME TAXES	12 Months Ended
	Mar. 27, 2015
INCOME TAXES [Abstract]
INCOME TAXES	Note 7 - INCOME TAXES: The Company accounts for income taxes under the provisions of ASC Topic 740, Income Taxes which includes the provisions of SFAS No. 109 (“SFAS 109”). Under SFAS 109, deferred income tax assets or liabilities are computed based upon the temporary differences between the financial statement and income tax bases of assets and liabilities using the currently enacted marginal income tax rates. Deferred income tax expenses or credits are based on the changes in the deferred income tax assets or liabilities from period to period. The provision for income taxes consists of the following: March 27, 2015 Current: Federal $ 546,676 State and local 417,485 Total current tax provision 964,161 Deferred: Federal 269,258 State and local 79,521 Total deferred tax benefit 348,779 Total provision (benefit) $ 1,312,940 The components of the Company's deferred taxes at March 27, 2015 are as follows: Deferred tax assets: Accounts receivable reserves $ 11,562 Accrued expenses 566,151 Prepaid expenses 70,155 647,868 Deferred tax liabilities: Depreciation 222,684 Net deferred tax assets before valuation allowance 870,552 Valuation allowance (870,552 ) Net deferred tax assets $ — The Company has fully utilized its net operating loss carryovers in prior years. The foregoing amounts are management's estimates and the actual results could differ from those estimates. Future profitability in this competitive industry depends on continually obtaining and fulfilling net profitable contracts or the failure of the Company's engineering development efforts could reduce estimates of future profitability, which could affect the Company's ability to realize the deferred tax assets. A reconciliation of the income tax benefit at the statutory Federal tax rate of 34 % to the income tax benefit recognized in the financial statements is as follows: March 27, 2015 Income tax expense (benefit) – statutory rate 34 % Income tax expenses – state and local, net of federal benefit 12 % Income tax expense (benefit) 46 %

WORKERS COMPENSATION INSURANCE

WORKERS COMPENSATION INSURANCE ASSESSMENT	12 Months Ended
	Mar. 27, 2015
WORKERS COMPENSATION INSURANCE ASSESMENT [Abstract]
WORKERS COMPENSATION INSURANCE ASSESMENT	Note 8 - WORKERS COMPENSATION INSURANCE ASSESSMENT: On September 15, 2008, the Company was notified by the State of New York Workers' Compensation Board (the “WC Board”) that the Trade Industry Workers' Compensation Trust for Manufacturers (the “Trust”) had defaulted. As a member of this self-insured group, the Company was assessed on an estimated basis by the WC Board for its allocable share necessary to discharge all liabilities of the Trust. The assessed amount for the years 2002 through 2006 was $101,362. The assessed amount for each year is detailed as follows: 2002 $ 16,826 2003 24,934 2004 31,785 2005 14,748 2006 13,069 $ 101,362 The Company did have the option of paying this assessment as a lump sum amount or paying off the assessment over a 60 1,689 59 1,711 th The Company was subsequently notified that it was being assessed an additional $ 146,073 The total received assessment for the years 2002 to 2007 is as follows: 2002 $ 23,445 2003 43,797 2004 51,381 2005 38,309 2006 46,477 2007 44,026 $ 247,435 Effective as of May 31, 2013, the Company and the WC Board executed a settlement agreement pursuant 7,771

CHANGES IN STOCKHOLDERS' EQUITY

CHANGES IN STOCKHOLDERS' EQUITY	12 Months Ended
	Mar. 27, 2015
CHANGES IN STOCKHOLDERS' EQUITY [Abstract]
CHANGES IN STOCKHOLDERS' EQUITY	Note 9 - CHANGES IN STOCKHOLDERS' EQUITY: Stockholders' equity increased by $ 1,809,555

2011 EMPLOYEE STOCK OPTION PLAN

2011 EMPLOYEE STOCK OPTION PLAN	12 Months Ended
	Mar. 27, 2015
2011 EMPLOYEE STOCK OPTION PLAN [Abstract]
2011 EMPLOYEE STOCK OPTION PLAN	Note 10 - 2011 EMPLOYEE STOCK OPTION PLAN: On August 31, 2011, the Company's shareholders approved the adoption of the Company's 2011 Equity Incentive Plan (“2011 Plan”) to provide for the grant of stock options and restricted stock awards to purchase up to 750,000 O ptions granted to employees under the 2011 Plan may be designated as options which qualify for incentive stock option treatment under Section 422A of the Internal Revenue Code, or options which do not qualify (non-qualified stock options) . U nder the 2011 Plan, the exercise price of an option designated as an incentive stock option shall not be less than the fair market value of the Company's common stock on the day the option is granted. In the event an option designated as an incentive stock option is granted to a ten percent ( 10 %) or greater shareholder, such exercise price shall be at least 110 percent ( 110 %) of the fair market value of the Company's common stock and the option must not be exercisable after the expiration of ten years from the day of the grant. The 2011 Plan also provides that holders of options that wish to pay for the exercise price of their options with shares of the Company's common stock must have beneficially owned such stock for at least six months prior to the exercise date. Exercise prices of non-incentive stock options may be less than the fair market value of the Company's common stock. The aggregate fair market value of shares subject to options granted to a participant(s), which are designated as incentive stock options, and which become exercisable in any calendar year, shall not exceed $ 100,000

CASH BONUS PLAN

CASH BONUS PLAN	12 Months Ended
	Mar. 27, 2015
CASH BONUS PLAN [Abstract]
CASH BONUS PLAN	Note 11 - CASH BONUS PLAN: In 1987, the Company adopted a cash bonus plan (“Cash Bonus Plan”) for Executive Officers. Contributions to the Bonus Plan are made by the Company only after pre-tax operating profits exceed $ 150,000 10 25 288,000 189,600

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Mar. 27, 2015
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	Note 12 - COMMITMENTS AND CONTINGENCIES: The Company's lease term for its manufacturing facility located at 140 58 th Fiscal year ending March: 2016 $ 168,120 2017 173,180 2018 178,360 2019 183,720 2020 189,200 Thereafter 128,640 $ 1,021,220 The rental expense for the years ended March 27, 2015 and March 28, 2014, was $ 162,840 158,480 The Company has a collective bargaining multi-employer pension plan (“Multi-Employer Plan”) with the United Auto Workers of America, Local 259. Contributions are made in accordance with a negotiated labor contract and are based on the number of covered employees employed per month. The Company has not taken any action to terminate, withdraw or partially withdraw from the Multi-Employer Plan nor does it intend to do so in the future. 122,668 118,695

REVENUES FROM MAJOR CUSTOMERS

REVENUES FROM MAJOR CUSTOMERS	12 Months Ended
	Mar. 27, 2015
REVENUES FROM MAJOR CUSTOMERS [Abstract]
REVENUES FROM MAJOR CUSTOMERS	Note 13 - REVENUES FROM MAJOR CUSTOMERS: In the fiscal year ended March 27, 2015 five 5,082,035 31 16 three 5,124,000 33 15 11 As of March 27, 2015, amounts due from four 35

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Mar. 27, 2015
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	Note 14 - SUBSEQUENT EVENTS: On July 1, 2015, our Board of Directors granted 245,000 110,000 ten 6.00 110 ten The table below summarizes the option awards for the named executive officers and non-management directors: Name Stock Option Grants 75,000 50,000 5,000 5,000 The Company intends to provide additional information regarding the compensation awarded to the named executive officers and non-management directors in respect of and during the fiscal year ended March 25, 2016, in the proxy statement for the Company's 2015 annual meeting of stockholders.

SUMMARY OF SIGNIFICANT ACCOUN21

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Mar. 27, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Accounting Period	Accounting Period: The Company maintains an accounting period based upon a 52 53 st 52 52
Revenue Recognition	Revenue Recognition: Revenues are recognized at the shipping date of the Company's products. The Company has historically adopted the shipping terms that title to merchandise passes to the customer at the shipping point (FOB Shipping Point). At this juncture, title has passed, the Company has recognized the sale, inventory has been relieved, and the customer has been invoiced. The Company does not offer any discounts, credits or other sales incentives. The Company's policy with respect to customer returns and allowances as well as product warranty is as follows: The Company will accept a return of a defective product within one year from shipment for repair or replacement at the Company's option. If the product is repairable, the Company at its own cost will repair and return to the customer. If unrepairable, the Company will either offer an allowance against payment or will reimburse the customer for the total cost of the defective product. Most of the Company's products are custom ordered by customers for a specific use. The Company provides engineering services as part of the relationship with its customers in developing the custom product. The Company is not obligated to provide such engineering service to its customers. The Company does not charge its customers separately for these services.
Inventories	Inventories: Inventories are stated at cost, on a first-in, first-out basis, which does not exceed market value. The Company manufactures products pursuant to specific technical and contractual requirements. The Company historically purchases material in excess of its requirements to avail itself of favorable pricing as well as the possibility of receiving additional orders from customers. This excess may result in material not being used in subsequent periods, which may result in this material being deemed obsolete. The Company annually reviews its purchase and usage activity of its inventory of parts as well as work in process and finished goods to determine which items of inventory have become obsolete within the framework of current and anticipated orders. The Company based upon historical experience has determined that if a part has not been used and purchased or an item of finished goods has not been sold in three years, it is deemed to be obsolete. The Company estimates which materials may be obsolete and which products in work in process or finished goods may be sold at less than cost. A periodic adjustment, based upon historical experience is made to inventory in recognition of this impairment.
Concentration of Credit Risk	Concentration of Credit Risk: Financial instruments which potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. Under the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act that was signed into law on July 21, 2010, the Federal Deposit Insurance Corporation (FDIC) will permanently insure all accounts maintained with financial institutions up to $ 250,000 As of March 27, 2015, the Company had funds on deposit in the amount of $1,721,410 in one financial institution comprised of the following: Non-interest bearing accounts $ 839,468 Interest bearing account 881,942 $ 1,721,410 The Company has not experienced any losses in such accounts and believes its cash balances are not exposed to any significant risk.
Property, Plant and Equipment	Property, Plant and Equipment: Property, plant and equipment are stated at cost less accumulated depreciation and amortization. 5 7 Maintenance and repair expenditures are charged to operations, and renewals and betterments are capitalized.
Income Taxes	Income Taxes: The Company follows the policy of treating investment tax credits as a reduction in the provision for federal income tax in the year in which the credit arises or may be utilized.
Net Income Per Share	Net Income Per Share: The Company has adopted the provisions of ASC Topic 260, Earnings Per Share which includes the provisions of SFAS No. 128, “Earnings Per Share”, which requires the disclosure of “basic” and “diluted” earnings (loss) per share.
Fair Value of Financial Instruments	Fair Value of Financial Instruments: The carrying value of the Company's financial instruments, consisting of accounts receivable, accounts payable, and borrowings, approximate their fair value due to the relatively short maturity (three months) of these instruments
Use of Estimates	Use of Estimates: The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses, and disclosure of contingent assets and liabilities at the date of the financial statements.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets: The Company has adopted the provisions of ASC Topic 360, Property, Plant and Equipment-Impairment or Disposal of Long Lived Assets which includes the provisions of SFAS No. 144, “Accounting For The Impairment of Long-Lived Assets And Long-Lived Assets To Be Disposed Of”, and requires that long-lived assets and certain identifiable intangibles to be held and used by an entity be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.
Reporting Comprehensive Income	Reporting Comprehensive Income: The Company has adopted the provisions of ASC Topic 220, Comprehensive Income which includes the provisions of SFAS No. 130, “Reporting Comprehensive Income”.
Segment Information	Segment Information: The Company has adopted the provisions of ASC Topic 280, Segment Reporting which includes the Provisions of SFAS No. 131, “Disclosures About Segment of An Enterprise and Related Information.” This Statement requires public enterprises to report financial and descriptive information about its reportable operating segments and establishes standards for related disclosures about product and services, geographic areas, and major customers.
Research and Development	Research and Development: The Company provides personalized engineering services to its customers by designing connectors for specific customer applications. The Company did not expend any funds on, nor receive any revenues related to, customer sponsored research and development activities relating to the development of new designs, techniques and the improvement of existing designs during the years ended March 27, 2015 and March 28, 2014, respectively.
Effect of New Accounting Pronouncements	Effect of New Accounting Pronouncements: In February 2013, the FASB issued ASU 2013-02, "Comprehensive Income (Topic 220), Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income". The amendments do not change the current requirements for reporting net income or other comprehensive income in financial statements. However, the amendments require an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S.GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about those amounts. The pronouncement is effective for fiscal years and interim periods ending after December 15, 2012. The adoption of this pronouncement did not have a material effect on our Company's financial position or results of operations. In October 2012, the FASB issued ASU 2012-04 "Technical corrections and improvements". This ASU makes certain technical correction to the FASB Accounting Standards Codification. The new guidance will be effective for fiscal years beginning after December 15, 2012. The adoption of the new amendments did not have a significant impact on our financial statements. In July, 2012, the FASB issued ASU 2012-02, "Intangibles - Goodwill and Other (Topic). ASU 2012-02 amends the required annual impairment testing of indefinite-lived intangible assets by providing an entity an option to first assess qualitative factors to determine whether it is more likely than not that the fair value of the indefinite-lived asset is less than its carrying amount. If, after assessing the totality of events and circumstances, an entity determines it is not more likely than not that the fair value of the indefinite-lived asset is less than its carrying amount, then performing the two-step impairment test under Topic 350-30 is unnecessary. However, if an entity concludes otherwise, then it is required to perform the impairment testing under Topic 350-30-35-18F by calculating the fair value of the reporting unit and comparing the results with the carrying amount. If the fair value exceeds the carrying amount, then the entity must perform the second step test of measuring the amount of the impairment test under Topic 350-30-35-19. An entity has the option to bypass the qualitative assessment and proceed directly to the two step goodwill impairment test. Additionally, the entity has the option to resume with the qualitative testing in any subsequent period. The pronouncement is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012 and early adoption is permitted. Our Company's adoption of the new standard is not expected to have a material effect on our Company's financial position or results of operations. In December 2011, the FASB issued ASU 2011-11 "Disclosures about offsetting assets and liabilities". Under the new guidance entities must disclose both gross information and net information on instruments and transactions eligible for offset on the balance sheet in accordance with the offsetting guidance in ASC 210-20-45 or ASC 815-10-45, and instruments and transactions subject to an agreement similar to a master netting arrangement. The new guidance will be effective for the Company beginning April 1, 2013. The adoption of the new amendments is not expected to have a significant impact on our Company's financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on our Company's financial statements upon adoption.

SUMMARY OF SIGNIFICANT ACCOUN22

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Mar. 27, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Schedule of funds on deposit	Non-interest bearing accounts $ 839,468 Interest bearing account 881,942 $ 1,721,410

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Mar. 27, 2015
INVENTORIES [Abstract]
Schedule of inventories	March 27, March 28, 2015 2014 Raw materials $ 4,752,311 $ 2,655,600 Work in progress 980,427 1,181,575 Finished goods 1,016,921 744,257 $ 6,749,659 $ 4,581,432

PREPAID EXPENSES AND OTHER CU24

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)	12 Months Ended
	Mar. 27, 2015
PREPAID EXPENSES AND OTHER CURRENT ASSETS [Abstract]
Schedule of prepaid expenses and other current assets	March 27, March 28, 2015 2014 Prepaid insurance $ 15,791 $ 5,735 Prepaid corporate taxes 338,660 774,438 $ 354,451 $ 780,173

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Mar. 27, 2015
PROPERTY, PLANT AND EQUIPMENT [Abstract]
Schedule of property, plant and equipment	March 27, March 28, 2015 2014 Computers $ 382,698 $ 315,500 Leasehold improvements 830,442 792,657 Machinery and equipment 5,520,429 5,341,123 Tools and dies 3,050,384 2,887,274 Furniture and fixture 170,644 169,978 Website development cost 9,050 9,050 9,963,647 9,515,582 Less: accumulated depreciation and amortization (8,272,106 ) (7,939,106 ) $ 1,691,541 $ 1,576,476

OTHER CURRENT LIABILITIES (Tabl

OTHER CURRENT LIABILITIES (Tables)	12 Months Ended
	Mar. 27, 2015
OTHER CURRENT LIABILITIES [Abstract]
Schedule of other current liabilities	March 27, March 28, 2015 2014 Payroll and vacation accruals $ 569,725 $ 496,388 Sales commissions 44,844 46,758 Insurance 10,556 6,487 Other 5,000 9,510 $ 630,125 $ 559,143

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Mar. 27, 2015
INCOME TAXES [Abstract]
Schedule of provision for income taxes	March 27, 2015 Current: Federal $ 546,676 State and local 417,485 Total current tax provision 964,161 Deferred: Federal 269,258 State and local 79,521 Total deferred tax benefit 348,779 Total provision (benefit) $ 1,312,940
Schedule of components of the Company's deferred taxes	Deferred tax assets: Accounts receivable reserves $ 11,562 Accrued expenses 566,151 Prepaid expenses 70,155 647,868 Deferred tax liabilities: Depreciation 222,684 Net deferred tax assets before valuation allowance 870,552 Valuation allowance (870,552 ) Net deferred tax assets $ —
Schedule of reconciliation of the income tax benefit	March 27, 2015 Income tax expense (benefit) – statutory rate 34 % Income tax expenses – state and local, net of federal benefit 12 % Income tax expense (benefit) 46 %

WORKERS COMPENSATION INSURANC28

WORKERS COMPENSATION INSURANCE ASSESSMENT (Tables)	12 Months Ended
	Mar. 27, 2015
WORKERS COMPENSATION INSURANCE ASSESMENT [Abstract]
Schedule of workers compensation assessment	2002 $ 16,826 2003 24,934 2004 31,785 2005 14,748 2006 13,069 $ 101,362
Schedule of workers compensation assessment revised	2002 $ 23,445 2003 43,797 2004 51,381 2005 38,309 2006 46,477 2007 44,026 $ 247,435

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Mar. 27, 2015
COMMITMENTS AND CONTINGENCIES [Abstract]
Schedule of basic minimum annual rental payments	Fiscal year ending March: 2016 $ 168,120 2017 173,180 2018 178,360 2019 183,720 2020 189,200 Thereafter 128,640 $ 1,021,220

SUBSEQUENT EVENTS (Tables)

SUBSEQUENT EVENTS (Tables)	12 Months Ended
	Mar. 27, 2015
SUBSEQUENT EVENTS [Abstract]
Schedule of subsequent events	Name Stock Option Grants 75,000 50,000 5,000 5,000

SUMMARY OF SIGNIFICANT ACCOUN31

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - USD ($)	12 Months Ended
	Mar. 27, 2015	Mar. 28, 2014
Property, Plant and Equipment [Line Items]
Number of weeks in fiscal period	364 days	364 days
FDIC coverage of deposits	$ 250,000
Commercial Electronic Markets [Member] | Sales Revenue, Net [Member]
Product Information [Line Items]
Percentage of sales	37.00%
Military Markets [Member] | Sales Revenue, Net [Member]
Product Information [Line Items]
Percentage of sales	55.00%
Minimum [Member]
Property, Plant and Equipment [Line Items]
Number of weeks in fiscal period	364 days
Maximum [Member]
Property, Plant and Equipment [Line Items]
Number of weeks in fiscal period	371 days
Property, Plant and Equipment Other Types [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Useful lives of property plant and equipment	5 years
Property, Plant and Equipment Other Types [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Useful lives of property plant and equipment	7 years

SUMMARY OF SIGNIFICANT ACCOUN32

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Funds on Deposit) (Details) - USD ($)	Mar. 27, 2015	Mar. 28, 2014	Mar. 29, 2013
Cash and Cash Equivalents [Line Items]
Cash	$ 1,721,410	$ 1,733,460	$ 415,857
Non-interest bearing accounts [Member]
Cash and Cash Equivalents [Line Items]
Cash	839,468
Interest bearing account [Member]
Cash and Cash Equivalents [Line Items]
Cash	$ 881,942

INVENTORIES (Details)

INVENTORIES (Details) - USD ($)	Mar. 27, 2015	Mar. 28, 2014
INVENTORIES [Abstract]
Raw materials	$ 4,752,311	$ 2,655,600
Work in progress	980,427	1,181,575
Finished goods	1,016,921	744,257
Inventories	$ 6,749,659	$ 4,581,432

PREPAID EXPENSES AND OTHER CU34

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) - USD ($)	Mar. 27, 2015	Mar. 28, 2014
PREPAID EXPENSES AND OTHER CURRENT ASSETS [Abstract]
Prepaid insurance	$ 15,791	$ 5,735
Prepaid corporate taxes	338,660	774,438
Prepaid expenses and other current assets	$ 354,451	$ 780,173

PROPERTY, PLANT AND EQUIPMENT35

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	Mar. 27, 2015	Mar. 28, 2014
Property, Plant and Equipment, Gross	$ 9,963,647	$ 9,515,582
Less: accumulated depreciation and amortization	(8,272,106)	(7,939,106)
PROPERTY, PLANT AND EQUIPMENT, NET	1,691,541	1,576,476
Computers [Member]
Property, Plant and Equipment, Gross	382,698	315,500
Leasehold improvements [Member]
Property, Plant and Equipment, Gross	830,442	792,657
Machinery and equipment [Member]
Property, Plant and Equipment, Gross	5,520,429	5,341,123
Tools and dies [Member]
Property, Plant and Equipment, Gross	3,050,384	2,887,274
Furniture and fixture [Member]
Property, Plant and Equipment, Gross	170,644	169,978
Website development cost [Member]
Property, Plant and Equipment, Gross	$ 9,050	$ 9,050

ACCOUNTS RECEIVABLE FINANCING (

ACCOUNTS RECEIVABLE FINANCING (Narrative) - USD ($)	12 Months Ended
	Mar. 27, 2015	Mar. 28, 2014
ACCOUNTS RECEIVABLE FINANCING [Abstract]
Financing agreement - percentage of eligible receivables that may be borrowed	80.00%
Interest rate above JPMC rate, ceiling	2.50%
Interest rate floor	12.00%
Financing agreement term (years)	1 year
Financing agreement notice (days)	60 days
Excess payments to the Factor	$ 43,041	$ 630,059

OTHER CURRENT LIABILITIES (Deta

OTHER CURRENT LIABILITIES (Details) - USD ($)	Mar. 27, 2015	Mar. 28, 2014
OTHER CURRENT LIABILITIES [Abstract]
Payroll and vacation accruals	$ 569,725	$ 496,388
Sales commissions	44,844	46,758
Insurance	10,556	6,487
Other	5,000	9,510
Total other current liabilities	$ 630,125	$ 559,143

INCOME TAXES (Provision For Inc

INCOME TAXES (Provision For Income Taxes) (Details) - USD ($)	12 Months Ended
	Mar. 27, 2015	Mar. 28, 2014
Current:
Federal	$ 546,676
State and local	417,485
Total current tax provision	964,161
Deferred:
Federal	269,258
State and local	79,521
Total deferred tax benefit	348,779
Total provision (benefit)	$ 1,312,940	$ 1,147,616

INCOME TAXES (Components of Def

INCOME TAXES (Components of Deferred Taxes) (Details)	Mar. 27, 2015USD ($)
Deferred tax assets:
Accounts receivable reserves	$ 11,562
Accrued expenses	566,151
Prepaid expenses	70,155
Gross deferred tax assets	647,868
Deferred tax liabilities:
Depreciation	222,684
Net deferred tax assets before valuation allowance	870,552
Valuation allowance	$ (870,552)
Net deferred tax assets

INCOME TAXES (Reconciliation of

INCOME TAXES (Reconciliation of Tax Rate) (Details)	12 Months Ended
	Mar. 27, 2015
INCOME TAXES [Abstract]
Income tax expense (benefit) - statutory rate	34.00%
Income tax expenses - state and local, net of federal benefit	12.00%
Income tax expense (benefit)	46.00%

WORKERS COMPENSATION INSURANC41

WORKERS COMPENSATION INSURANCE ASSESSMENT (Narrative) (Details) - 12 months ended Mar. 27, 2015	USD ($)Payments
WORKERS COMPENSATION INSURANCE ASSESMENT [Abstract]
Notification date of assessment	Sep. 15, 2008
Deferral payment period, in months	60 months
Monthly payment	$ 1,689
Number of monthly payments | Payments	59
Monthly payment for last month	$ 1,711
Additional workers compensation assessment	146,073
Amount paid to trust for lump-sum settlement of assessment	$ 7,771

WORKERS COMPENSATION INSURANC42

WORKERS COMPENSATION INSURANCE ASSESSMENT (Assessed) (Details)	Mar. 27, 2015USD ($)
Workers Compensation Assessment
2,002	$ 16,826
2,003	24,934
2,004	31,785
2,005	14,748
2,006	13,069
Total	$ 101,362

WORKERS COMPENSATION INSURANC43

WORKERS COMPENSATION INSURANCE ASSESSMENT (Received) (Details)	Mar. 27, 2015USD ($)
Workers Compensation Assessment Revised
2,002	$ 23,445
2,003	43,797
2,004	51,381
2,005	38,309
2,006	46,477
2,007	44,026
Total	$ 247,435

CHANGES IN STOCKHOLDERS' EQUI44

CHANGES IN STOCKHOLDERS' EQUITY (Details) - USD ($)	12 Months Ended
	Mar. 27, 2015	Mar. 28, 2014
CHANGES IN STOCKHOLDERS' EQUITY [Abstract]
Net income	$ 1,809,555	$ 1,453,707

2011 EMPLOYEE STOCK OPTION PL45

2011 EMPLOYEE STOCK OPTION PLAN (Narrative) (Details) - Mar. 27, 2015 - USD ($)	Total
2011 EMPLOYEE STOCK OPTION PLAN [Abstract]
Number of Stock Options and Restricted Stock Awards authorized under 2011 Equity Incentive Plan	750,000
Incentive stock options, granted to shareholder holdings (percent)	10.00%
Incentive stock options, exercise price as compared to fair market value (percent) to majority shareholder	110.00%
Expiration period from grant date	10 years
FMV of shares subject to options granted to participants and designated as incentive stock options, maximum amount	$ 100,000

CASH BONUS PLAN (Narrative) (De

CASH BONUS PLAN (Narrative) (Details) - USD ($)	12 Months Ended
	Mar. 27, 2015	Mar. 28, 2014
CASH BONUS PLAN [Abstract]
Cash Bonus Plan, threshold of pre-tax operating profits	$ 150,000
Cash Bonus Plan, contribution tier 1	10.00%
Cash Bonus Plan, contribution tier 2	25.00%
Cash Bonus Plan, contribution	$ 288,000	$ 189,600

COMMITMENTS AND CONTINGENCIES47

COMMITMENTS AND CONTINGENCIES (Narrative) (Details) - USD ($)	12 Months Ended
	Mar. 27, 2015	Mar. 28, 2014
COMMITMENTS AND CONTINGENCIES [Abstract]
Rental expense	$ 162,840	$ 158,480
Pension plan contributions	$ 122,668	$ 118,695

COMMITMENTS AND CONTINGENCIES48

COMMITMENTS AND CONTINGENCIES (Basic Minimum Annual Rentals) (Details)	Mar. 27, 2015USD ($)
Future Minimum Rental Payments
2,016	$ 168,120
2,017	173,180
2,018	178,360
2,019	183,720
2,020	189,200
Thereafter	128,640
Total	$ 1,021,220

REVENUES FROM MAJOR CUSTOMERS (

REVENUES FROM MAJOR CUSTOMERS (Narrative) (Details) - Customer Concentration Risk [Member]	12 Months Ended
	Mar. 27, 2015USD ($)Cusomers	Mar. 28, 2014USD ($)Cusomers
Accounts Receivable [Member]
Concentration risk	35.00%
Number of customers	4
Sales Revenue, Net [Member]
Concentration risk	31.00%	33.00%
Number of customers	5	3
Revenue derived from customers | $	$ 5,082,035	$ 5,124,000
Sales Revenue, Net [Member] | Major Customer One [Member]
Concentration risk	16.00%	15.00%
Sales Revenue, Net [Member] | Major Customer Two [Member]
Concentration risk	16.00%	11.00%

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - $ / shares	Jul. 01, 2015	Mar. 27, 2015
Subsequent Event [Line Items]
Expiration period from grant date		10 years
Incentive stock options, granted to shareholder holdings (percent)		10.00%
Incentive stock options, exercise price as compared to fair market value (percent) to majority shareholder		110.00%
Subsequent Event [Member]
Subsequent Event [Line Items]
Options granted in period	245,000
Expiration period from grant date	10 years
Exercise price	$ 6
Subsequent Event [Member] | Michael Offerman [Member]
Subsequent Event [Line Items]
Options granted in period	75,000
Incentive stock options, granted to shareholder holdings (percent)	10.00%
Incentive stock options, exercise price as compared to fair market value (percent) to majority shareholder	110.00%
Subsequent Event [Member] | Robert Knoth [Member]
Subsequent Event [Line Items]
Options granted in period	50,000
Subsequent Event [Member] | Allen Gottlieb [Member]
Subsequent Event [Line Items]
Options granted in period	5,000
Subsequent Event [Member] | Gerald Chafetz [Member]
Subsequent Event [Line Items]
Options granted in period	5,000
Subsequent Event [Member] | Four non-executive officer key employees [Member]
Subsequent Event [Line Items]
Options granted in period	110,000