Transcat (TRNS) 10-Q6 Nov 242025 Q2 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Sep. 28, 2024	Oct. 31, 2024
Document Information [Line Items]
Entity Central Index Key	0000099302
Entity Registrant Name	TRANSCAT INC
Amendment Flag	false
Current Fiscal Year End Date	--03-30
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2025
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 28, 2024
Document Transition Report	false
Entity File Number	000-03905
Entity Incorporation, State or Country Code	OH
Entity Tax Identification Number	16-0874418
Entity Address, Address Line One	35 Vantage Point Drive
Entity Address, City or Town	Rochester
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	14624
City Area Code	585
Local Phone Number	352-7777
Title of 12(b) Security	Common Stock, $0.50 par value
Trading Symbol	TRNS
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		9,199,277

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Sep. 28, 2024	Sep. 23, 2023	Sep. 28, 2024	Sep. 23, 2023
Revenue	[1]	$ 67,826	$ 62,804	$ 134,533	$ 123,402
Cost of Revenue		46,620	42,679	90,672	84,567
Gross Profit		21,206	20,125	43,861	38,835
Selling, Marketing and Warehouse Expenses		8,181	6,856	15,982	13,325
General and Administrative Expenses		9,290	11,626	19,045	19,227
Total Operating Expenses		17,471	18,482	35,027	32,552
Operating Income		3,735	1,643	8,834	6,283
Interest Expense		76	890	128	1,704
Interest Income		(286)	0	(598)	0
Other Expense (Income)		232	(49)	363	15
Total Interest and Other Expense (Income), net		22	841	(107)	1,719
Income Before Provision For Income Taxes		3,713	802	8,941	4,564
Provision for Income Taxes		427	342	1,247	1,155
Net Income		$ 3,286	$ 460	$ 7,694	$ 3,409
Basic Earnings Per Share (in dollars per share)		$ 0.36	$ 0.06	$ 0.84	$ 0.44
Average Shares Outstanding (in shares)		9,160	7,819	9,107	7,732
Diluted Earnings Per Share (in dollars per share)		$ 0.35	$ 0.06	$ 0.83	$ 0.43
Average Shares Outstanding (in shares)		9,282	7,948	9,222	7,840
Service [Member]
Revenue		$ 44,083	$ 41,431	$ 87,861	$ 81,284
Cost of Revenue		29,492	27,347	58,387	54,229
Distribution Service [Member]
Revenue		23,743	21,373	46,672	42,118
Cost of Revenue		$ 17,128	$ 15,332	$ 32,285	$ 30,338

[1]Revenues are attributed to the countries based on the destination of a product shipment or the location where service is rendered.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2024	Sep. 23, 2023	Sep. 28, 2024	Sep. 23, 2023
Net Income	$ 3,286	$ 460	$ 7,694	$ 3,409
Other Comprehensive (Loss) / Income :
Currency Translation Adjustment	381	(352)	221	124
Other, net of tax effects of $1 and $2 for the second quarter ended September 28, 2024 and September 23, 2023, respectively; and $3 and $4 for the six months ended September 28, 2024 and September 23, 2023, respectively	5	6	10	12
Total Other Comprehensive Income / (Loss)	386	(346)	231	136
Comprehensive Income	$ 3,672	$ 114	$ 7,925	$ 3,545

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2024	Sep. 23, 2023	Sep. 28, 2024	Sep. 23, 2023
Other, tax effect	$ 1	$ 2	$ 3	$ 4

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 28, 2024	Mar. 30, 2024
Current Assets:
Cash and Cash Equivalents	$ 23,815	$ 19,646
Marketable Securities	0	15,533
Accounts Receivable, less allowance for credit losses of $565 and $544 as of September 28, 2024 and March 30, 2024, respectively	48,933	47,779
Other Receivables	628	506
Inventory, net	15,549	17,418
Prepaid Expenses and Other Current Assets	6,241	4,276
Total Current Assets	95,166	105,158
Property and Equipment, net	47,493	38,944
Goodwill	138,127	105,585
Intangible Assets, net	24,362	19,987
Right to Use Assets, net	17,309	16,823
Other Assets	1,096	1,055
Total Assets	323,553	287,552
Current Liabilities:
Accounts Payable	13,043	11,495
Accrued Compensation and Other Current Liabilities	11,092	19,665
Current Portion of Long-Term Debt	2,386	2,339
Total Current Liabilities	26,521	33,499
Long-Term Debt	612	1,817
Deferred Tax Liabilities, net	9,297	9,291
Lease Liabilities	14,661	14,873
Other Liabilities	3,705	2,903
Total Liabilities	54,796	62,383
Shareholders' Equity:
Common Stock, par value $0.50 per share, 30,000,000 shares authorized; 9,199,277 and 8,839,299 shares issued and outstanding as of September 28, 2024 and March 30, 2024, respectively	4,600	4,420
Capital in Excess of Par Value	178,986	141,624
Accumulated Other Comprehensive Loss	(718)	(949)
Retained Earnings	85,889	80,074
Total Shareholders' Equity	268,757	225,169
Total Liabilities and Shareholders' Equity	$ 323,553	$ 287,552

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 28, 2024	Mar. 30, 2024
Accounts Receivable, allowance for doubtful accounts	$ 565	$ 544
Common stock, par value (in dollars per share)	$ 0.5	$ 0.5
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	9,199,277	8,839,299
Common stock, shares outstanding (in shares)	9,199,277	8,839,299

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Sep. 28, 2024	Sep. 23, 2023
Cash Flows from Operating Activities:
Net Income	$ 7,694	$ 3,409
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Net Loss on Disposal of Property and Equipment	43	11
Deferred Income Taxes	6	23
Depreciation and Amortization	8,513	6,078
Provision for Accounts Receivable and Inventory Reserves	108	347
Stock-Based Compensation Expense	1,623	2,171
Changes in Assets and Liabilities, net of acquisitions:
Accounts Receivable and Other Receivables	1,746	2,384
Inventory	2,597	3,376
Prepaid Expenses and Other Current Assets	(1,918)	465
Accounts Payable	1,525	(3,969)
Accrued Compensation and Other Current Liabilities	(6,178)	1,677
Net Cash Provided by Operating Activities	15,759	15,972
Cash Flows from Investing Activities:
Purchase of Property and Equipment	(7,633)	(5,444)
Business Acquisitions, net of cash acquired	(15,858)	(12,882)
Sales of Marketable Securities	15,533	0
Net Cash Used in Investing Activities	(7,958)	(18,326)
Cash Flows from Financing Activities:
Repayment of Revolving Credit Facility, net	0	5,288
Repayments of Term Loan	(1,158)	(1,112)
Issuance of Common Stock, net of direct costs	838	384
Repurchase of Common Stock	(3,026)	(2,247)
Net Cash (Used in)/Provided by Financing Activities	(3,346)	2,313
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(286)	(244)
Net Increase/(Decrease) in Cash and Cash Equivalents	4,169	(285)
Cash and Cash Equivalents at Beginning of Period	19,646	1,531
Cash and Cash Equivalents at End of Period	23,815	1,246
Supplemental Disclosure of Cash Flow Activity:
Interest	(462)	1,680
Income Taxes, net	5,534	1,099
Supplemental Disclosure of Non-Cash Investing and Financing Activities:
Common stock issued for acquisitions	35,479	34,769
Assets acquired and liabilities assumed in business combinations:
Accrued holdback and contingent consideration related to acquisitions	1,306	4,589
Contingent consideration treated as equity related to acquisitions	750	0
Balance Sheet Reclassification of Property and Equipment, net to Inventory	$ 692	$ 494

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Mar. 25, 2023	7,562
Balance at Mar. 25, 2023	$ 3,781	$ 27,886	$ (1,200)	$ 69,163	$ 99,630
Issuance of Common Stock (in shares)	82
Issuance of Common Stock	$ 42	6,988	0	0	7,030
Repurchase of Common Stock (in shares)	(3)
Repurchase of Common Stock	$ (2)	(86)	0	(213)	(301)
Stock-Based Compensation (in shares)	2
Stock-Based Compensation	$ 1	929	0		930
Other Comprehensive Income	0	0	482	0	482
Net Income	$ 0	0	0	2,949	2,949
Balance (in shares) at Jun. 24, 2023	7,643
Balance at Jun. 24, 2023	$ 3,822	35,717	(718)	71,899	110,720
Balance (in shares) at Mar. 25, 2023	7,562
Balance at Mar. 25, 2023	$ 3,781	27,886	(1,200)	69,163	99,630
Net Income					3,409
Balance (in shares) at Sep. 23, 2023	7,978
Balance at Sep. 23, 2023	$ 3,989	64,310	(1,064)	71,017	138,252
Balance (in shares) at Jun. 24, 2023	7,643
Balance at Jun. 24, 2023	$ 3,822	35,717	(718)	71,899	110,720
Issuance of Common Stock (in shares)	313
Issuance of Common Stock	$ 156	27,967	0	0	28,123
Repurchase of Common Stock (in shares)	(22)
Repurchase of Common Stock	$ (11)	(593)	0	(1,342)	(1,946)
Stock-Based Compensation (in shares)	44
Stock-Based Compensation	$ 22	1,219	0		1,241
Other Comprehensive Income	0	0	(346)	0	(346)
Net Income	$ 0	0	0	460	460
Balance (in shares) at Sep. 23, 2023	7,978
Balance at Sep. 23, 2023	$ 3,989	64,310	(1,064)	71,017	138,252
Balance (in shares) at Mar. 30, 2024	8,839
Balance at Mar. 30, 2024	$ 4,420	141,624	(949)	80,074	225,169
Issuance of Common Stock (in shares)	302
Issuance of Common Stock	$ 151	32,888	0	0	33,039
Repurchase of Common Stock (in shares)	(13)
Repurchase of Common Stock	$ (7)	(652)	0	(961)	(1,620)
Stock-Based Compensation (in shares)	16
Stock-Based Compensation	$ 8	689	0		697
Other Comprehensive Income	0	0	(155)	0	(155)
Net Income	0	0	0	4,408	4,408
Contingent Consideration Classified as Equity	$ 0	750	0	0	750
Balance (in shares) at Jun. 29, 2024	9,144
Balance at Jun. 29, 2024	$ 4,572	175,299	(1,104)	83,521	262,288
Balance (in shares) at Mar. 30, 2024	8,839
Balance at Mar. 30, 2024	$ 4,420	141,624	(949)	80,074	225,169
Net Income					7,694
Balance (in shares) at Sep. 28, 2024	9,199
Balance at Sep. 28, 2024	$ 4,600	178,986	(718)	85,889	268,757
Balance (in shares) at Jun. 29, 2024	9,144
Balance at Jun. 29, 2024	$ 4,572	175,299	(1,104)	83,521	262,288
Issuance of Common Stock (in shares)	53
Issuance of Common Stock	$ 26	3,251	0	0	3,277
Repurchase of Common Stock (in shares)	(11)
Repurchase of Common Stock	$ (5)	(483)	0	(918)	(1,406)
Stock-Based Compensation (in shares)	13
Stock-Based Compensation	$ 7	919	0		926
Other Comprehensive Income	0	0	386	0	386
Net Income	$ 0	0	0	3,286	3,286
Balance (in shares) at Sep. 28, 2024	9,199
Balance at Sep. 28, 2024	$ 4,600	$ 178,986	$ (718)	$ 85,889	$ 268,757

Note 1 - General

Note 1 - General	6 Months Ended
Note 1 - General	Sep. 28, 2024
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 1 GENERAL Description of Business: Basis of Presentation: 10 10 01 X not not March 30, 2024 2024 10 2024 Use of Estimates: not may Cash and Cash Equivalents: three Marketable Securities: three Revenue Recognition: not Under Accounting Standards Codification ("ASC") Topic 606, 30 90 Revenue recognized from prior period performance obligations for the second March 29, 2025 ( 2025 September 28, 2024 no one 606, September 28, 2024 March 30, 2024 4 % of Total Net Sales Second Quarter Ended Six Months Ended September 28, September 23, September 28, September 23, 2024 2023 2024 2023 Point-in-Time 86.6 % 90.4 % 86.1 % 90.5 % Over Time - Output Method 13.4 % 9.6 % 13.9 % 9.5 % Total 100.0 % 100.0 % 100.0 % 100.0 % Fair Value of Financial Instruments: three 1 2 3, no 1 September 28, 2024 March 30, 2024 Stock-Based Compensation: not first six 2025 2024 Foreign Currency Translation and Transactions: Transcat records foreign currency gains and losses on business transactions denominated in foreign currency. The net foreign currency was a net loss of $0.4 million for the first six 2025 first six 2024 not of less than $0.1 million during ea first six 2025 2024 September 28, 2024 October 2024, not Earnings Per Share: For the second 2025, second 2024, first six 2025 2024, Second Quarter Ended Six Months Ended September 28, September 23, September 28, September 23, 2024 2023 2024 2023 Average Shares Outstanding – Basic 9,160 7,819 9,107 7,732 Effect of Dilutive Common Stock Equivalents 122 129 115 108 Average Shares Outstanding – Diluted 9,282 7,948 9,222 7,840 Anti-dilutive Common Stock Equivalents 31 31 41 37 Goodwill and Intangible Assets: fourth not two Intangible assets, namely customer base and covenants not may not 2025 Goodwill Intangible Assets Distribution Service Total Distribution Service Total Net Book Value as of March 30, 2024 $ 38,216 $ 67,369 $ 105,585 $ 6,993 $ 12,994 $ 19,987 Additions 21,685 10,847 32,532 5,360 2,680 8,040 Amortization - - - (1,443 ) (2,222 ) (3,665 ) Currency Translation Adjustment - 10 10 - - - Net Book Value as of September 28, 2024 $ 59,901 $ 78,226 $ 138,127 $ 10,910 $ 13,452 $ 24,362 Other Liabilities: (Unaudited) (Audited) September 28, March 30, 2024 2024 Current Liabilities: Accrued Payroll and Employee Benefits $ 4,982 $ 5,508 Accrued Incentives 1,277 4,182 Current Portion of Lease Liabilities 3,201 2,510 Accrued Acquisition Holdbacks 514 2,577 Accrued Sales Tax 652 813 Accrued Contingent Consideration - 529 Income Taxes Payable 2,926 Other Current Liabilities 466 620 Accrued Compensation and Other Current Liabilities $ 11,092 $ 19,665 Non-Current Liabilities: Postretirement Benefit Obligation $ 1,132 $ 1,134 Accrued Acquisition Holdbacks 1,647 1,647 Accrued Contingent Consideration 806 - Other Non-Current Liabilities 120 122 Other Liabilities $ 3,705 $ 2,903 Recent Accounting Guidance Not November 2023, 2023 07, 280 2023 07 2025 2026 no In December 2023, 2023 09, 740 2023 09 2026, not

Note 2 - Long-term Debt

Note 2 - Long-term Debt	6 Months Ended
Note 2 - Long-term Debt	Sep. 28, 2024
Notes to Financial Statements
Long-Term Debt [Text Block]	NOTE 2 LONG-TERM DEBT On July 7, 2021, The Credit Agreement provides for a revolving credit commitment (the “revolving credit facility”) of $80.0 million through June 2026, 2018 "2018 The Credit Agreement allows the Company to use up to $50.0 million under the revolving credit facility for acquisitions in any single fiscal year. The Credit Agreement restricts the Company's ability to complete acquisitions of businesses with a principal place of business located in the United Kingdom or the European Union to an aggregate purchase price of $40.0 million during the term of the Credit Agreement, if the acquisition is financed directly or indirectly with the revolving credit facility. Under the Credit Agreement, the Company may As of September 28, 2024 September 28, 2024, As of September 28, 2024 2018 2018 December 2025. Interest and Other Costs: July 1, 2023, first six 2025 2018 Covenants: 1.00, 1.00. first six 2025 September 28, 2024 March 30, 2024 Other Terms:

Note 3 - Stock-based Compensati

Note 3 - Stock-based Compensation	6 Months Ended
Note 3 - Stock-based Compensation	Sep. 28, 2024
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	NOTE 3 STOCK-BASED COMPENSATION In September 2021, 2021 “2021 2021 2003 “2003 2021 2003 2003 not 2021 September 28, 2024 2021 The Company receives an excess tax benefit related to restricted stock vesting and stock options exercised and redeemed. The discrete tax benefits related to share-based compensation and stock option activity during the first six 2025 2024 Restricted Stock Units: third Compensation cost ultimately recognized for performance-based restricted stock units will equal the grant date fair market value of the unit that coincides with the actual outcome of the performance conditions. On an interim basis, the Company records compensation cost based on the estimated level of achievement of the performance conditions. The expense relating to the time vested restricted stock units is recognized on a straight-line basis over the requisite service period for the entire award. The following table summarizes the non-vested restricted stock units outstanding as of September 28, 2024 Total Grant Date Estimated Number Fair Level of Date Measurement of Units Value Achievement at Granted Period Outstanding Per Unit September 28, 2024 October 2018 October 2018 – September 2028 5 $ 20.81 Time Vested March 2022 March 2022 – March 2025 1 $ 76.31 Time Vested May 2022 May 2022 – March 2025 9 $ 63.17 Time Vested May 2022 May 2022 – March 2025 8 $ 63.17 0% of target level August 2022 August 2022 – August 2025 1 $ 78.04 Time Vested May 2023 May 2023 – March 2026 8 $ 89.70 150% of target level May 2023 May 2023 – March 2026 8 $ 89.70 Time Vested May 2023 May 2023 – May 2026 13 $ 89.70 Time Vested April 2024 April 2024 - April 2027 2 $ 107.13 Time Vested April 2024 April 2024 - April 2027 1 $ 108.04 Time Vested May 2024 May 2024 - May 2027 1 $ 119.45 Time Vested May 2024 May 2024 - May 2027 1 $ 124.12 Time Vested May 2024 May 2024 - March 2027 9 $ 124.12 100% of target level May 2024 May 2024 - March 2027 10 $ 124.12 Time Vested July 2024 July 2024 - July 2027 1 $ 116.91 Time Vested September 2024 September 2024 - September 2025 6 $ 120.66 Time Vested September 2024 September 2024 - September 2027 1 $ 123.33 100% of target level September 2024 September 2024 - September 2027 1 $ 123.33 Time Vested Total expense relating to restricted stock units, based on grant date fair value and the achievement criteria, was $0.9 million and $1.5 million in the first six 2025 2024 September 28, 2024 September 28, 2024. of $6.4 million. Stock Options: five five ten We calculate the fair value of the stock options granted using the Black-Scholes model. The following weighted-average assumptions were used to value options granted during the first six 2025 2024 Second Quarter Ended Six Months Ended September 28, September 23, September 28, September 23, 2024 2023 2024 2023 Risk-Free Interest Rate 4.09 % 4.38 % 4.35 % 3.82 % Volatility Factor 40.70 % 36.87 % 40.98 % 37.04 % Expected Term (in Years) 4.00 6.27 4.00 6.22 Annual Dividend Rate 0.00 % 0.00 % 0.00 % 0.00 % We calculate expected volatility for stock options by taking an average of historical volatility over the expected term. The computation of expected term was determined based on safe harbor rules, giving consideration to the contractual terms of the stock-based awards and vesting schedules. The interest rate for periods within the contractual life of the award is based on the U.S. Treasury yield in effect at the time of grant. We assume no 718, During the first six 2025 three During the first six 2024 three five five The expense related to all stock option awards was $0.7 million in the first six 2025 first six 2024 The following table summarizes the Company’s options as of and for the first six September 28, 2024 Weighted Weighted Average Average Number Exercise Remaining Aggregate Of Price Per Contractual Intrinsic Options Option Term (in years) Value Outstanding as of March 30, 2024 234 $ 63.43 Granted 10 $ 112.93 Exercised (25 ) $ 23.02 Forfeited (12 ) $ 63.04 Outstanding as of September 28, 2024 207 $ 70.67 6 $ 10,522 Exercisable as of September 28, 2024 72 $ 58.95 6 $ 2,838 The aggregate intrinsic value in the table above represents the total pre-tax intrinsic value (the difference between the Company’s closing stock price on the last trading day of the second 2025 September 28, 2024 Total unrecognized compensation cost related to non-vested stock options as of September 28, 2024 three first six 2025 first six 2024 first six 2025 first six 2024

Note 4 - Segment Information

Note 4 - Segment Information	6 Months Ended
Note 4 - Segment Information	Sep. 28, 2024
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 4 SEGMENT INFORMATION The basis for determining our operating segments is the manner in which financial information is used in monitoring our operations. Transcat has two no second first six 2025 2024 Second Quarter Ended Six Months Ended September 28, September 23, September 28, September 23, 2024 2023 2024 2023 Revenue: Service $ 44,083 $ 41,431 $ 87,861 $ 81,284 Distribution 23,743 21,373 46,672 42,118 Total 67,826 62,804 134,533 123,402 Gross Profit: Service 14,591 14,084 29,474 27,055 Distribution 6,615 6,041 14,387 11,780 Total 21,206 20,125 43,861 38,835 Operating Expenses: Service (1) 10,887 13,342 21,680 23,121 Distribution (1) 6,584 5,140 13,347 9,431 Total 17,471 18,482 35,027 32,552 Operating Income: Service 3,704 742 7,794 3,934 Distribution 31 901 1,040 2,349 Total 3,735 1,643 8,834 6,283 Unallocated Amounts: Interest and Other (Income)/Expense, net 22 841 (107 ) 1,719 Provision for Income Taxes 427 342 1,247 1,155 Total 449 1,183 1,140 2,874 Net Income $ 3,286 $ 460 $ 7,694 $ 3,409 Geographic Data: Revenues to Unaffiliated Customers (2) United States (3) $ 62,492 $ 57,119 $ 123,232 $ 111,376 Canada 3,794 3,896 8,266 8,143 Other International 1,540 1,789 3,035 3,883 Total $ 67,826 $ 62,804 $ 134,533 $ 123,402 ( 1 Operating expense allocations between segments are based on actual amounts, a percentage of revenues, headcount, and management’s estimates. ( 2 Revenues are attributed to the countries based on the destination of a product shipment or the location where service is rendered. ( 3 United States includes Puerto Rico.

Note 5 - Business Acquisitions

Note 5 - Business Acquisitions	6 Months Ended
Note 5 - Business Acquisitions	Sep. 28, 2024
Notes to Financial Statements
Business Combination Disclosure [Text Block]	NOTE 5 BUSINESS ACQUISITIONS Becnel: April 15, 2024, 9001:2015 The Becnel goodwill is primarily attributable to the workforce acquired, as well as operational synergies and other intangibles that do not eleven The total purchase price for Becnel was approximately $49.8 million consisting of up to $17.5 million in cash and the issuance of our common stock valued at $32.3 million. Pursuant to the Becnel agreement, the Company held back approximately $2.5 million of the purchase price for certain potential post-closing adjustments. This includes $0.5 million withheld for ordinary post-closing adjustments and $2.0 million withheld that is subject to revenue target achievement. Pursuant to the Becnel agreement, the purchase price is subject to reduction by $2.0 million if certain revenue targets are not April 15, 2026. April 15, 2024 September 28, 2024, 3 1 2 3 4 This cash portion of the contingent consideration is remeasured quarterly. If, as a result of remeasurement, the value of the cash portion of the contingent consideration changes, any charges or income will be included in the Company’s Consolidated Statements of Income. There was no first six 2025. 3 may The purchase price allocation is subject to revision based upon our final review of tangible and intangible asset valuation assumptions, working capital adjustments, assets acquired, liabilities assumed and consideration transferred. The following is a summary of the preliminary purchase price allocation, in the aggregate, to the fair value, based on Level 3 April 15, 2024 Goodwill $32,537 Intangible Assets – Customer Base & Contracts 7,200 Intangible Assets – Trademarks and Tradenames 840 40,577 Plus: Cash 214 Accounts Receivable 3,041 Property and Equipment 6,122 Other Current Assets 79 Less: Current Liabilities (210 ) Total Purchase Price $ 49,823 From the date of acquisition through the end of the second 2025, Axiom August 8, 2023, The Axiom goodwill is primarily attributable to the workforce acquired, as well as operational synergies and other intangibles that do not twelve not not The total purchase price for Axiom was approximately $38.7 million and was paid with $10.0 million in cash and the issuance of our common stock valued at $28.6 million. Pursuant to the asset purchase agreement, the Company held back approximately $3.9 million of the purchase price for certain potential post-closing adjustments. The following is a summary of the purchase price allocation, in the aggregate, to the fair value, based on Level 3 August 8, 2023 ( Goodwill $ 26,758 Intangible Assets – Customer Base & Contracts 7,900 34,658 Plus: Cash 161 Accounts Receivable 925 Inventory 1,796 Other Current Assets 40 Property and Equipment 4,965 Less: Current Liabilities (579 ) Deferred Tax Liability (3,242 ) Total Purchase Price $ 38,724 During the first six 2025, SteriQual: July 12, 2023, The SteriQual goodwill is primarily attributable to the workforce acquired, as well as operational synergies and other intangibles that do not fifteen not not The total purchase price for SteriQual was approximately $4.3 million and was paid by the issuance of our common stock. Pursuant to the asset purchase agreement, the Company held back approximately $0.9 million of the purchase price for certain potential post-closing adjustments. Pursuant to the asset purchase agreement, the purchase price is subject to reduction by $0.5 million if certain revenue targets are not July 12, 2024. not second 2025. December 23, 2023 not The following is a summary of the purchase price allocation, in the aggregate, to the fair value, based on Level 3 July 12, 2023 ( Goodwill $ 2,175 Intangible Assets – Customer Base & Contracts 1,062 Intangible Assets – Covenant Not to Compete 392 Intangible Assets – Sales Backlog 95 3,724 Plus: Accounts Receivable 666 Less: Current Liabilities (211 ) Deferred Tax Liability (395 ) Total Purchase Price $ 3,784 During the first six 2025, TIC-MS March 27, 2023, The TIC-MS goodwill is primarily attributable to the workforce acquired, as well as operational synergies and other intangibles that do not fifteen not not The total purchase price for TIC-MS was approximately $9.7 million and was paid with $2.9 million in cash, including $0.5 million placed in escrow for contingent consideration, certain post-closing adjustments and indemnification claims, if any, and the issuance of 77,387 shares of our common stock valued at $6.9 million. Pursuant to the asset purchase agreement, the purchase price was subject to reduction by up to $0.5 million if a key customer relationship is not March 27, 2024. first 2025 The following is a summary of the purchase price allocation, in the aggregate, to the fair value, based on Level 3 March 27, 2023 ( Goodwill $ 7,218 Intangible Assets – Customer Base & Contracts 2,303 Intangible Assets – Covenant Not to Compete 132 9,653 Plus: Accounts Receivable 502 Property and Equipment 356 Less: Current Liabilities (124 ) Deferred Tax Liability (712 ) Total Purchase Price $ 9,675 During the first six 2025, The results of acquired businesses are included in Transcat’s consolidated operating results as of the dates the businesses were acquired. The following unaudited pro forma information presents the Company’s results of operations as if the acquisitions of Becnel, Axiom, SteriQual and TIC-MS had occurred at the beginning of fiscal year 2024. not (Unaudited) (Unaudited) Second Quarter Ended Six Months Ended (in thousands except per share information) September 28, 2024 September 23, 2023 September 28, 2024 September 23, 2023 Total Revenue $ 67,826 $ 68,948 $ 134,533 $ 137,828 Net Income $ 3,286 $ 435 $ 7,545 $ 2,879 Basic Earnings Per Share $ 0.36 $ 0.06 $ 0.83 $ 0.37 Diluted Earnings Per Share $ 0.35 $ 0.05 $ 0.82 $ 0.37 Certain of the Company’s acquisition agreements include provisions for contingent consideration and other holdback amounts. The Company accrues for contingent consideration and holdback provisions based on their estimated fair value at the date of acquisition and at subsequent remeasurement periods, as applicable. As of September 28, 2024 , $0.5 million of other holdback amounts unpaid are reflected in current liabilities on the Consolidated Balance Sheets and $0.8 million of contingent consideration and $1.6 million of other holdback amounts unpaid are reflected in other liabilities on the Consolidated Balance Sheets. During the first six of fiscal year 2025 , $0.5 million was paid to settle the earn-out obligation 2023. This amount was paid in 4,320 shares of Transcat common stock. During the first six 2025, first six 2025, first six 2024 During the first six 2025 2024,

Note 6 - Subsequent Event

Note 6 - Subsequent Event	6 Months Ended
Note 6 - Subsequent Event	Sep. 28, 2024
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 6 SUBSEQUENT EVENT On October 30, 2024,

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	6 Months Ended
Insider Trading Arrangements	Sep. 28, 2024	Sep. 28, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]		OTHER
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
Significant Accounting Policies (Policies)	Sep. 28, 2024
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation: 10 10 01 X not not March 30, 2024 2024 10 2024
Use of Estimates, Policy [Policy Text Block]	Use of Estimates: not may
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents: three
Marketable Securities, Policy [Policy Text Block]	Marketable Securities: three
Revenue [Policy Text Block]	Revenue Recognition: not Under Accounting Standards Codification ("ASC") Topic 606, 30 90 Revenue recognized from prior period performance obligations for the second March 29, 2025 ( 2025 September 28, 2024 no one 606, September 28, 2024 March 30, 2024 4 % of Total Net Sales Second Quarter Ended Six Months Ended September 28, September 23, September 28, September 23, 2024 2023 2024 2023 Point-in-Time 86.6 % 90.4 % 86.1 % 90.5 % Over Time - Output Method 13.4 % 9.6 % 13.9 % 9.5 % Total 100.0 % 100.0 % 100.0 % 100.0 %
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments: three 1 2 3, no 1 September 28, 2024 March 30, 2024
Share-Based Payment Arrangement [Policy Text Block]	Stock-Based Compensation: not first six 2025 2024
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Translation and Transactions: Transcat records foreign currency gains and losses on business transactions denominated in foreign currency. The net foreign currency was a net loss of $0.4 million for the first six 2025 first six 2024 not of less than $0.1 million during ea first six 2025 2024 September 28, 2024 October 2024, not
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Share: For the second 2025, second 2024, first six 2025 2024, Second Quarter Ended Six Months Ended September 28, September 23, September 28, September 23, 2024 2023 2024 2023 Average Shares Outstanding – Basic 9,160 7,819 9,107 7,732 Effect of Dilutive Common Stock Equivalents 122 129 115 108 Average Shares Outstanding – Diluted 9,282 7,948 9,222 7,840 Anti-dilutive Common Stock Equivalents 31 31 41 37
Goodwill and Intangible Assets, Policy [Policy Text Block]	Goodwill and Intangible Assets: fourth not two Intangible assets, namely customer base and covenants not may not 2025 Goodwill Intangible Assets Distribution Service Total Distribution Service Total Net Book Value as of March 30, 2024 $ 38,216 $ 67,369 $ 105,585 $ 6,993 $ 12,994 $ 19,987 Additions 21,685 10,847 32,532 5,360 2,680 8,040 Amortization - - - (1,443 ) (2,222 ) (3,665 ) Currency Translation Adjustment - 10 10 - - - Net Book Value as of September 28, 2024 $ 59,901 $ 78,226 $ 138,127 $ 10,910 $ 13,452 $ 24,362
Other Liabilities Policy [Policy Text Block]	Other Liabilities: (Unaudited) (Audited) September 28, March 30, 2024 2024 Current Liabilities: Accrued Payroll and Employee Benefits $ 4,982 $ 5,508 Accrued Incentives 1,277 4,182 Current Portion of Lease Liabilities 3,201 2,510 Accrued Acquisition Holdbacks 514 2,577 Accrued Sales Tax 652 813 Accrued Contingent Consideration - 529 Income Taxes Payable 2,926 Other Current Liabilities 466 620 Accrued Compensation and Other Current Liabilities $ 11,092 $ 19,665 Non-Current Liabilities: Postretirement Benefit Obligation $ 1,132 $ 1,134 Accrued Acquisition Holdbacks 1,647 1,647 Accrued Contingent Consideration 806 - Other Non-Current Liabilities 120 122 Other Liabilities $ 3,705 $ 2,903
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Guidance Not November 2023, 2023 07, 280 2023 07 2025 2026 no In December 2023, 2023 09, 740 2023 09 2026, not

Note 1 - General (Tables)

Note 1 - General (Tables)	6 Months Ended
Note 1 - General (Tables)	Sep. 28, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	% of Total Net Sales Second Quarter Ended Six Months Ended September 28, September 23, September 28, September 23, 2024 2023 2024 2023 Point-in-Time 86.6 % 90.4 % 86.1 % 90.5 % Over Time - Output Method 13.4 % 9.6 % 13.9 % 9.5 % Total 100.0 % 100.0 % 100.0 % 100.0 %
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Second Quarter Ended Six Months Ended September 28, September 23, September 28, September 23, 2024 2023 2024 2023 Average Shares Outstanding – Basic 9,160 7,819 9,107 7,732 Effect of Dilutive Common Stock Equivalents 122 129 115 108 Average Shares Outstanding – Diluted 9,282 7,948 9,222 7,840 Anti-dilutive Common Stock Equivalents 31 31 41 37
Schedule of Intangible Assets and Goodwill [Table Text Block]	Goodwill Intangible Assets Distribution Service Total Distribution Service Total Net Book Value as of March 30, 2024 $ 38,216 $ 67,369 $ 105,585 $ 6,993 $ 12,994 $ 19,987 Additions 21,685 10,847 32,532 5,360 2,680 8,040 Amortization - - - (1,443 ) (2,222 ) (3,665 ) Currency Translation Adjustment - 10 10 - - - Net Book Value as of September 28, 2024 $ 59,901 $ 78,226 $ 138,127 $ 10,910 $ 13,452 $ 24,362
Schedule of Accrued Liabilities [Table Text Block]	(Unaudited) (Audited) September 28, March 30, 2024 2024 Current Liabilities: Accrued Payroll and Employee Benefits $ 4,982 $ 5,508 Accrued Incentives 1,277 4,182 Current Portion of Lease Liabilities 3,201 2,510 Accrued Acquisition Holdbacks 514 2,577 Accrued Sales Tax 652 813 Accrued Contingent Consideration - 529 Income Taxes Payable 2,926 Other Current Liabilities 466 620 Accrued Compensation and Other Current Liabilities $ 11,092 $ 19,665 Non-Current Liabilities: Postretirement Benefit Obligation $ 1,132 $ 1,134 Accrued Acquisition Holdbacks 1,647 1,647 Accrued Contingent Consideration 806 - Other Non-Current Liabilities 120 122 Other Liabilities $ 3,705 $ 2,903

Note 3 - Stock-based Compensa_2

Note 3 - Stock-based Compensation (Tables)	6 Months Ended
Note 3 - Stock-based Compensation (Tables)	Sep. 28, 2024
Notes Tables
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	Total Grant Date Estimated Number Fair Level of Date Measurement of Units Value Achievement at Granted Period Outstanding Per Unit September 28, 2024 October 2018 October 2018 – September 2028 5 $ 20.81 Time Vested March 2022 March 2022 – March 2025 1 $ 76.31 Time Vested May 2022 May 2022 – March 2025 9 $ 63.17 Time Vested May 2022 May 2022 – March 2025 8 $ 63.17 0% of target level August 2022 August 2022 – August 2025 1 $ 78.04 Time Vested May 2023 May 2023 – March 2026 8 $ 89.70 150% of target level May 2023 May 2023 – March 2026 8 $ 89.70 Time Vested May 2023 May 2023 – May 2026 13 $ 89.70 Time Vested April 2024 April 2024 - April 2027 2 $ 107.13 Time Vested April 2024 April 2024 - April 2027 1 $ 108.04 Time Vested May 2024 May 2024 - May 2027 1 $ 119.45 Time Vested May 2024 May 2024 - May 2027 1 $ 124.12 Time Vested May 2024 May 2024 - March 2027 9 $ 124.12 100% of target level May 2024 May 2024 - March 2027 10 $ 124.12 Time Vested July 2024 July 2024 - July 2027 1 $ 116.91 Time Vested September 2024 September 2024 - September 2025 6 $ 120.66 Time Vested September 2024 September 2024 - September 2027 1 $ 123.33 100% of target level September 2024 September 2024 - September 2027 1 $ 123.33 Time Vested
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Second Quarter Ended Six Months Ended September 28, September 23, September 28, September 23, 2024 2023 2024 2023 Risk-Free Interest Rate 4.09 % 4.38 % 4.35 % 3.82 % Volatility Factor 40.70 % 36.87 % 40.98 % 37.04 % Expected Term (in Years) 4.00 6.27 4.00 6.22 Annual Dividend Rate 0.00 % 0.00 % 0.00 % 0.00 %
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	Weighted Weighted Average Average Number Exercise Remaining Aggregate Of Price Per Contractual Intrinsic Options Option Term (in years) Value Outstanding as of March 30, 2024 234 $ 63.43 Granted 10 $ 112.93 Exercised (25 ) $ 23.02 Forfeited (12 ) $ 63.04 Outstanding as of September 28, 2024 207 $ 70.67 6 $ 10,522 Exercisable as of September 28, 2024 72 $ 58.95 6 $ 2,838

Note 4 - Segment Information (T

Note 4 - Segment Information (Tables)	6 Months Ended
Note 4 - Segment Information (Tables)	Sep. 28, 2024
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Second Quarter Ended Six Months Ended September 28, September 23, September 28, September 23, 2024 2023 2024 2023 Revenue: Service $ 44,083 $ 41,431 $ 87,861 $ 81,284 Distribution 23,743 21,373 46,672 42,118 Total 67,826 62,804 134,533 123,402 Gross Profit: Service 14,591 14,084 29,474 27,055 Distribution 6,615 6,041 14,387 11,780 Total 21,206 20,125 43,861 38,835 Operating Expenses: Service (1) 10,887 13,342 21,680 23,121 Distribution (1) 6,584 5,140 13,347 9,431 Total 17,471 18,482 35,027 32,552 Operating Income: Service 3,704 742 7,794 3,934 Distribution 31 901 1,040 2,349 Total 3,735 1,643 8,834 6,283 Unallocated Amounts: Interest and Other (Income)/Expense, net 22 841 (107 ) 1,719 Provision for Income Taxes 427 342 1,247 1,155 Total 449 1,183 1,140 2,874 Net Income $ 3,286 $ 460 $ 7,694 $ 3,409 Geographic Data: Revenues to Unaffiliated Customers (2) United States (3) $ 62,492 $ 57,119 $ 123,232 $ 111,376 Canada 3,794 3,896 8,266 8,143 Other International 1,540 1,789 3,035 3,883 Total $ 67,826 $ 62,804 $ 134,533 $ 123,402

Note 5 - Business Acquisitions

Note 5 - Business Acquisitions (Tables)	6 Months Ended
Note 5 - Business Acquisitions (Tables)	Sep. 28, 2024
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Goodwill $32,537 Intangible Assets – Customer Base & Contracts 7,200 Intangible Assets – Trademarks and Tradenames 840 40,577 Plus: Cash 214 Accounts Receivable 3,041 Property and Equipment 6,122 Other Current Assets 79 Less: Current Liabilities (210 ) Total Purchase Price $ 49,823 Goodwill $ 26,758 Intangible Assets – Customer Base & Contracts 7,900 34,658 Plus: Cash 161 Accounts Receivable 925 Inventory 1,796 Other Current Assets 40 Property and Equipment 4,965 Less: Current Liabilities (579 ) Deferred Tax Liability (3,242 ) Total Purchase Price $ 38,724 Goodwill $ 2,175 Intangible Assets – Customer Base & Contracts 1,062 Intangible Assets – Covenant Not to Compete 392 Intangible Assets – Sales Backlog 95 3,724 Plus: Accounts Receivable 666 Less: Current Liabilities (211 ) Deferred Tax Liability (395 ) Total Purchase Price $ 3,784 Goodwill $ 7,218 Intangible Assets – Customer Base & Contracts 2,303 Intangible Assets – Covenant Not to Compete 132 9,653 Plus: Accounts Receivable 502 Property and Equipment 356 Less: Current Liabilities (124 ) Deferred Tax Liability (712 ) Total Purchase Price $ 9,675
Business Acquisition, Pro Forma Information [Table Text Block]	(Unaudited) (Unaudited) Second Quarter Ended Six Months Ended (in thousands except per share information) September 28, 2024 September 23, 2023 September 28, 2024 September 23, 2023 Total Revenue $ 67,826 $ 68,948 $ 134,533 $ 137,828 Net Income $ 3,286 $ 435 $ 7,545 $ 2,879 Basic Earnings Per Share $ 0.36 $ 0.06 $ 0.83 $ 0.37 Diluted Earnings Per Share $ 0.35 $ 0.05 $ 0.82 $ 0.37

Note 1 - General (Details Textu

Note 1 - General (Details Textual) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Sep. 28, 2024	Sep. 23, 2023	Sep. 28, 2024	Sep. 23, 2023	Mar. 30, 2024
Investments	$ 0.1		$ 0.1		$ 0.1
Share-Based Payment Arrangement, Expense			1.6	$ 2.2
Realized Gain (Loss), Foreign Currency Transaction, before Tax			(0.4)	0.1
Unrealized Gain (Loss), Foreign Currency Transaction, before Tax			$ 0.1	$ 0.1
Common Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.5		$ 0.5		$ 0.5
Dilutive Securities, Effect Per Share on Earnings (in dollars per share)	$ 0.01	$ 0	$ 0.01	$ 0.01
Foreign Exchange Contract [Member]
Derivative Asset, Notional Amount	$ 2.5		$ 2.5

Note 1 - General - Summary of N

Note 1 - General - Summary of Net Sales by Revenue Recognition Method as a Percentage of Total Sales (Details)	3 Months Ended		6 Months Ended
	Sep. 28, 2024	Sep. 23, 2023	Sep. 28, 2024	Sep. 23, 2023
Revenue, percentage	100%	100%	100%	100%
Transferred at Point in Time [Member]
Revenue, percentage	86.60%	90.40%	86.10%	90.50%
Transferred over Time [Member]
Revenue, percentage	13.40%	9.60%	13.90%	9.50%

Note 1 - General - Computation

Note 1 - General - Computation of Basic and Diluted Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2024	Sep. 23, 2023	Sep. 28, 2024	Sep. 23, 2023
Average Shares Outstanding – Basic (in shares)	9,160	7,819	9,107	7,732
Effect of Dilutive Common Stock Equivalents (in shares)	122	129	115	108
Average Shares Outstanding – Diluted (in shares)	9,282	7,948	9,222	7,840
Anti-dilutive Common Stock Equivalents (in shares)	31	31	41	37

Note 1 - General - Summary of C

Note 1 - General - Summary of Changes in Goodwill and Intangible Assets (Details) $ in Thousands	6 Months Ended
	Sep. 28, 2024 USD ($)
Net Book Value, goodwill	$ 105,585
Net Book Value, intangible assets	19,987
Additions, goodwill	32,532
Additions, intangible assets	8,040
Amortization, goodwill	0
Amoritization, intangible assets	(3,665)
Currency Translation Adjustment, goodwill	10
Currency Translation Adjustment, intangible assets	0
Net Book Value, goodwill	138,127
Net Book Value, intangible assets	24,362
Distribution Segment [Member]
Net Book Value, goodwill	38,216
Net Book Value, intangible assets	6,993
Additions, goodwill	21,685
Additions, intangible assets	5,360
Amortization, goodwill	0
Amoritization, intangible assets	(1,443)
Currency Translation Adjustment, goodwill	0
Currency Translation Adjustment, intangible assets	0
Net Book Value, goodwill	59,901
Net Book Value, intangible assets	10,910
Service Segment [Member]
Net Book Value, goodwill	67,369
Net Book Value, intangible assets	12,994
Additions, goodwill	10,847
Additions, intangible assets	2,680
Amortization, goodwill	0
Amoritization, intangible assets	(2,222)
Currency Translation Adjustment, goodwill	10
Currency Translation Adjustment, intangible assets	0
Net Book Value, goodwill	78,226
Net Book Value, intangible assets	$ 13,452

Note 1 - General - Summary of L

Note 1 - General - Summary of Liabilities Current and Non-current (Details) - USD ($) $ in Thousands	Sep. 28, 2024	Mar. 30, 2024
Accrued Payroll and Employee Benefits	$ 4,982	$ 5,508
Accrued Incentives	1,277	4,182
Current Portion of Lease Liabilities	3,201	2,510
Accrued Acquisition Holdbacks	514	2,577
Accrued Sales Tax	652	813
Accrued Contingent Consideration	0	529
Income Taxes Payable		2,926
Other Current Liabilities	466	620
Accrued Compensation and Other Current Liabilities	11,092	19,665
Postretirement Benefit Obligation	1,132	1,134
Accrued Acquisition Holdbacks	1,647	1,647
Accrued Contingent Consideration	806	0
Other Non-Current Liabilities	120	122
Other Liabilities	$ 3,705	$ 2,903

Note 2 - Long-term Debt (Detail

Note 2 - Long-term Debt (Details Textual) $ in Thousands	6 Months Ended	12 Months Ended
Note 2 - Long-term Debt (Details Textual) $ in Thousands	Sep. 28, 2024 USD ($)	Mar. 30, 2024 USD ($)	Jul. 07, 2021 USD ($)
Long-Term Debt, Current Maturities	$ 2,386	$ 2,339
The 2018 Term Loan [Member]
Debt Instrument, Face Amount			$ 15,000
Long-Term Debt	3,000
Long-Term Debt, Current Maturities	2,400
Debt Instrument, Periodic Payment, Total	$ 200
Debt Instrument, Interest Rate, Stated Percentage	3.90%
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity			80,000
Debt Instrument, Covenant, Restriction to Repurchase Shares and Pay Dividends, Aggregate	$ 25,000		10,000
Line of Credit Facility, Current Borrowing Capacity	80,000
Long-Term Line of Credit	$ 0
LIBOR Floor	0.25%
Debt Instrument, Covenant, Maximum Fixed Charge Ratio	1.15
Debt Instrument, Covenant, Maximum Total Leverage Ratio	3
Total Leverage Ratio	0.08	0.1
Revolving Credit Facility [Member] \| Maximum [Member]
Debt Instrument, Permitted Acquisition, Aggregate Purchase Price	$ 50,000
Debt Instrument, Permitted Acquisition, Additional Aggregate Purchase Price	$ 40,000
Debt Instrument, Interest Rate, Effective Percentage	7.10%
Letter of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 10,000

Note 3 - Stock-based Compensa_3

Note 3 - Stock-based Compensation (Details Textual) - USD ($) Pure in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Sep. 28, 2024	Sep. 23, 2023	Sep. 28, 2024	Sep. 23, 2023	Jun. 29, 2024
Share-Based Payment Arrangement, Expense, Tax Benefit			$ 1.1	$ 0.6
Share-Based Payment Arrangement, Expense			$ 1.6	2.2
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Dividend Rate			0%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)			10,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period, Intrinsic Value			$ 2.4	0.3
Proceeds from Stock Options Exercised			$ 0.6	$ 0.1
Individual Employee [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)				5 years
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)				10,000
Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)				5 years
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)				10,000
Performance-based Restricted Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)			3 years
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 6.4		$ 6.4
Restricted Stock Units (RSUs) [Member]
Share-Based Payment Arrangement, Expense			0.9	$ 1.5
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	5		$ 5
Share-Based Payment Arrangement, Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)			5 years
Share-Based Payment Arrangement, Expense			$ 0.7	$ 0.6
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 2.1		$ 2.1
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Dividend Rate	0%	0%	0%	0%
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)			3 years
Share-Based Payment Arrangement, Option [Member] \| Share-Based Payment Arrangement, Employee [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)			10,000	7,000
Share-Based Payment Arrangement, Option [Member] \| Share-Based Payment Arrangement, Employee [Member] \| Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)			3 years	3 years
Share-Based Payment Arrangement, Option [Member] \| Minimum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Period (Year)			5 years
Share-Based Payment Arrangement, Option [Member] \| Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Period (Year)			10 years
The 2021 Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)					600,000

Note 3 - Stock-based Compensa_4

Note 3 - Stock-based Compensation - Summary of Non-vested Restricted Stock Units (Details) - Performance-based Restricted Stock Units [Member] shares in Thousands	Sep. 28, 2024 $ / shares shares
October 2018 [Member]
Total number of units outstanding (in shares) \| shares	5
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 20.81
March 2022 [Member]
Total number of units outstanding (in shares) \| shares	1
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 76.31
May 2022, First Issuance [Member]
Total number of units outstanding (in shares) \| shares	9
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 63.17
May 2022, Second Issuance [Member]
Total number of units outstanding (in shares) \| shares	8
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 63.17
Estimated level of achievement	0%
August 2022 Issuance [Member]
Total number of units outstanding (in shares) \| shares	1
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 78.04
May 2023 First Issuance [Member]
Total number of units outstanding (in shares) \| shares	8
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 89.7
Estimated level of achievement	150%
May 2023 Second Issuance [Member]
Total number of units outstanding (in shares) \| shares	8
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 89.7
May 2023 Third Issuance [Member]
Total number of units outstanding (in shares) \| shares	13
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 89.7
April 2024 First Issuance [Member]
Total number of units outstanding (in shares) \| shares	2
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 107.13
April 2024 Second Issuance [Member]
Total number of units outstanding (in shares) \| shares	1
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 108.04
May 2024 First Issuance [Member]
Total number of units outstanding (in shares) \| shares	1
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 119.45
May 2024 Second Issuance [Member]
Total number of units outstanding (in shares) \| shares	1
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 124.12
May 2024 Third Issuance [Member]
Total number of units outstanding (in shares) \| shares	9
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 124.12
Estimated level of achievement	100%
May 2024 Fourth Issuance [Member]
Total number of units outstanding (in shares) \| shares	10
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 124.12
July 2024 [Member]
Total number of units outstanding (in shares) \| shares	1
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 116.91
September 2024, First Issuance [Member]
Total number of units outstanding (in shares) \| shares	6
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 120.66
September 2024 Second Issuance [Member]
Total number of units outstanding (in shares) \| shares	1
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 123.33
Estimated level of achievement	100%
September 2024 Third Issuance [Member]
Total number of units outstanding (in shares) \| shares	1
Grant date fair value per unit (in dollars per share) \| $ / shares	$ 123.33

Note 3 - Stock-based Compensa_5

Note 3 - Stock-based Compensation - Weighted Average Assumptions (Details)	3 Months Ended		6 Months Ended
	Sep. 28, 2024	Sep. 23, 2023	Sep. 28, 2024	Sep. 23, 2023
Annual Dividend Rate			0%
Share-Based Payment Arrangement, Option [Member]
Risk-Free Interest Rate	4.09%	4.38%	4.35%	3.82%
Volatility Factor	40.70%	36.87%	40.98%	37.04%
Expected Term (in Years) (Year)	4 years	6 years 3 months 7 days	4 years	6 years 2 months 19 days
Annual Dividend Rate	0%	0%	0%	0%

Note 3 - Stock-based Compensa_6

Note 3 - Stock-based Compensation - Summary of Options (Details) $ / shares in Units, shares in Thousands, $ in Thousands	6 Months Ended
	Sep. 28, 2024 USD ($) $ / shares shares
Outstanding, number of options (in shares) \| shares	234
Outstanding, weighted average exercise price (in dollars per share) \| $ / shares	$ 63.43
Granted, number of options (in shares) \| shares	10
Granted, weighted average exercise price (in dollars per share) \| $ / shares	$ 112.93
Exercised, number of options (in shares) \| shares	(25)
Exercised, weighted average exercise price (in dollars per share) \| $ / shares	$ 23.02
Forfeited, number of options (in shares) \| shares	(12)
Forfeited, weighted average exercise price (in dollars per share) \| $ / shares	$ 63.04
Outstanding, number of options (in shares) \| shares	207
Outstanding, weighted average exercise price (in dollars per share) \| $ / shares	$ 70.67
Outstanding, weighted average remaining contractual term (Year)	6 years
Oustanding, aggregate intrinsic value \| $	$ 10,522
Exercisable, number of options (in shares) \| shares	72
Exercisable, weighted average exercise price (in dollars per share) \| $ / shares	$ 58.95
Exercisable, weighted average remaining contractual term (Year)	6 years
Exercisable, aggregate intrinsic value \| $	$ 2,838

Note 4 - Segment Information (D

Note 4 - Segment Information (Details Textual)	6 Months Ended
Note 4 - Segment Information (Details Textual)	Sep. 28, 2024
Number of Reportable Segments	2

Note 4 - Segment Information -

Note 4 - Segment Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($) $ in Thousands		3 Months Ended				6 Months Ended
		Sep. 28, 2024	Jun. 29, 2024	Sep. 23, 2023	Jun. 24, 2023	Sep. 28, 2024	Sep. 23, 2023
Revenue	[1]	$ 67,826		$ 62,804		$ 134,533	$ 123,402
Gross Profit		21,206		20,125		43,861	38,835
Operating Expenses		17,471		18,482		35,027	32,552
Operating Income		3,735		1,643		8,834	6,283
Interest and Other (Income)/Expense, net		22		841		(107)	1,719
Provision for Income Taxes		427		342		1,247	1,155
Total		449		1,183		1,140	2,874
Net Income		3,286	$ 4,408	460	$ 2,949	7,694	3,409
UNITED STATES
Revenue	[1],[2]	62,492		57,119		123,232	111,376
CANADA
Revenue	[1]	3,794		3,896		8,266	8,143
Other International [Member]
Revenue	[1]	1,540		1,789		3,035	3,883
Service Segment [Member] \| Operating Segments [Member]
Revenue		44,083		41,431		87,861	81,284
Gross Profit		14,591		14,084		29,474	27,055
Operating Expenses	[3]	10,887		13,342		21,680	23,121
Operating Income		3,704		742		7,794	3,934
Distribution Segment [Member] \| Operating Segments [Member]
Revenue		23,743		21,373		46,672	42,118
Gross Profit		6,615		6,041		14,387	11,780
Operating Expenses	[3]	6,584		5,140		13,347	9,431
Operating Income		$ 31		$ 901		$ 1,040	$ 2,349

[1]Revenues are attributed to the countries based on the destination of a product shipment or the location where service is rendered.[2]United States includes Puerto Rico.[3]Operating expense allocations between segments are based on actual amounts, a percentage of revenues, headcount, and management’s estimates.

Note 5 - Business Acquisition_2

Note 5 - Business Acquisitions (Details Textual) $ in Thousands							3 Months Ended			5 Months Ended	6 Months Ended
		Apr. 15, 2024 USD ($) shares	Dec. 23, 2023 USD ($)	Aug. 08, 2023 USD ($)	Jul. 12, 2023 USD ($)	Mar. 27, 2023 USD ($) shares	Sep. 28, 2024 USD ($)	Sep. 23, 2023 USD ($)	Jun. 24, 2023 USD ($)	Sep. 28, 2024 USD ($)	Sep. 28, 2024 USD ($) shares	Sep. 23, 2023 USD ($)	Mar. 30, 2024 USD ($)
Revenues	[1]						$ 67,826	$ 62,804			$ 134,533	$ 123,402
Operating Income (Loss)							3,735	$ 1,643			8,834	6,283
Payments for Other Holdbacks												300
Business Combination, Contingent Consideration, Liability, Current							500			$ 500	500
Business Combination, Contingent Consideration, Liability, Noncurrent							806			806	806		$ 0
Unpaid Amounts for Other Holdbacks							1,600			1,600	1,600
Payment for Contingent Consideration Liability, Financing Activities												0
Business Combination, Acquisition Related Costs											400	$ 200
Becnel Rental Tools, LLC [Member]
Revenues										4,700
Operating Income (Loss)										(200)
Axiom [Member]
Revenues											4,700
Operating Income (Loss)											300
SteriQual, Inc. [Member]
Revenues											1,100
Operating Income (Loss)											(200)
TIC-MS, Inc. [Member]
Revenues											1,800
Operating Income (Loss)											900
Becnel Rental Tools, LLC [Member]
Business Combination, Consideration Transferred		$ 49,800
Payments to Acquire Businesses, Gross		17,500
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable		32,300
Business Combination, Payment Withheld for Potential Post-closing Adjustments		2,500
Business Combination, Consideration Held Back		500
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High		2,000
Business Combination, Contingent Consideration, Liability		$ 1,500					1,600			$ 1,600	1,600
Business Combination, Contingent Consideration, Liability, Payable in Cash, Percentage		50%
Business Combination, Contingent Consideration, Liability, Payable in Shares, Percentage		50%
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Low		$ 0
Becnel Rental Tools, LLC [Member] \| Revenue Target Achievement [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in shares) \| shares		9,283
Becnel Rental Tools, LLC [Member] \| Measurement Input, Discount Rate [Member]
Business Combination, Contingent Consideration, Liability, Measurement Input		0.11
Becnel Rental Tools, LLC [Member] \| Measurement Input, Risk Free Interest Rate [Member]
Business Combination, Contingent Consideration, Liability, Measurement Input		0.05
Becnel Rental Tools, LLC [Member] \| Measurement Input, Price Volatility [Member]
Business Combination, Contingent Consideration, Liability, Measurement Input		0.30
Becnel Rental Tools, LLC [Member] \| Maximum [Member]
Acquired Finite-Lived Intangible Assets, Weighted Average Useful Life (Year)		11 years
Axiom [Member]
Business Combination, Consideration Transferred				$ 38,700
Payments to Acquire Businesses, Gross				10,000
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable				28,600
Business Combination, Payment Withheld for Potential Post-closing Adjustments				$ 3,900
Payments for Other Holdbacks											$ 2,300
Stock Issued During Period, Shares, Acquisitions (in shares) \| shares											26,379
SteriQual, Inc. [Member]
Business Combination, Consideration Transferred			$ 3,800		$ 4,300
Business Combination, Consideration Held Back					900
Business Combination, Consideration Subject to Reduction					$ 500
Payments for Other Holdbacks							$ 400				$ 400
Stock Issued During Period, Shares, Acquisitions (in shares) \| shares											4,763
TIC-MS, Inc. [Member]
Acquired Finite-Lived Intangible Assets, Weighted Average Useful Life (Year)						15 years
Business Combination, Consideration Transferred						$ 9,700
Payments to Acquire Businesses, Gross						2,900
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable						$ 6,900
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in shares) \| shares						77,387
Business Combination, Consideration Subject to Reduction									$ 500
Escrow Deposit						$ 500
Business Combination, Potential Purchase Price Adjustment for Failure to Retain Key Customer Relationships						$ 500
NEXA [Member]
Payment for Contingent Consideration Liability, Financing Activities											$ 500
Stock Issued During Period, Shares, Acquisitions (in shares) \| shares											4,320

[1]Revenues are attributed to the countries based on the destination of a product shipment or the location where service is rendered.

Note 5 - Business Acquisition_3

Note 5 - Business Acquisitions - Summary of Purchase Price Allocation (Details) - USD ($) $ in Thousands	Sep. 28, 2024	Apr. 15, 2024	Mar. 30, 2024	Aug. 08, 2023	Jul. 12, 2023	Mar. 27, 2023
Goodwill	$ 138,127		$ 105,585
Becnel Rental Tools, LLC [Member]
Goodwill		$ 32,537
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, Intangibles and Deferred Taxes		40,577
Cash		214
Accounts Receivable		3,041
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory		6,122
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Other		79
Current Liabilities		(210)
Total Purchase Price		49,823
Becnel Rental Tools, LLC [Member] \| Customer-Related Intangible Assets [Member]
Intangible Assets		7,200
Becnel Rental Tools, LLC [Member] \| Trademarks and Trade Names [Member]
Intangible Assets		$ 840
Axiom [Member]
Goodwill				$ 26,758
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, Intangibles and Deferred Taxes				34,658
Cash				161
Accounts Receivable				925
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory				1,796
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Other				40
Current Liabilities				(579)
Total Purchase Price				38,724
Property and Equipment				4,965
Deferred Tax Liability				(3,242)
Axiom [Member] \| Customer-Related Intangible Assets [Member]
Intangible Assets				$ 7,900
SteriQual, Inc. [Member]
Goodwill					$ 2,175
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, Intangibles and Deferred Taxes					3,724
Accounts Receivable					666
Current Liabilities					(211)
Total Purchase Price					3,784
Deferred Tax Liability					(395)
SteriQual, Inc. [Member] \| Customer-Related Intangible Assets [Member]
Intangible Assets					1,062
SteriQual, Inc. [Member] \| Noncompete Agreements [Member]
Intangible Assets					392
SteriQual, Inc. [Member] \| Sales Backlog [Member]
Intangible Assets					$ 95
TIC-MS, Inc. [Member]
Goodwill						$ 7,218
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, Intangibles and Deferred Taxes						9,653
Accounts Receivable						502
Current Liabilities						(124)
Total Purchase Price						9,675
Property and Equipment						356
Deferred Tax Liability						(712)
TIC-MS, Inc. [Member] \| Customer-Related Intangible Assets [Member]
Intangible Assets						2,303
TIC-MS, Inc. [Member] \| Noncompete Agreements [Member]
Intangible Assets						$ 132

Note 5 - Business Acquisition_4

Note 5 - Business Acquisitions - Pro Forma Results (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2024	Sep. 23, 2023	Sep. 28, 2024	Sep. 23, 2023
Total Revenue	$ 67,826	$ 68,948	$ 134,533	$ 137,828
Net Income	$ 3,286	$ 435	$ 7,545	$ 2,879
Basic Earnings Per Share (in dollars per share)	$ 0.36	$ 0.06	$ 0.83	$ 0.37
Diluted Earnings Per Share (in dollars per share)	$ 0.35	$ 0.05	$ 0.82	$ 0.37

Note 6 - Subsequent Event (Deta

Note 6 - Subsequent Event (Details Textual) $ in Millions	Oct. 30, 2024 USD ($)
Subsequent Event [Member]
Proceeds from Sale of Productive Assets	$ 1.1