Crown Crafts, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Stock-based Compensation (Tables)

Note 6 - Stock-based Compensation (Tables)

9 Months Ended

Dec. 30, 2018

Notes Tables

Share-based Compensation, Stock Options, Activity [Table Text Block]

		Nine-Month Periods Ended
		December 30, 2018								December 31, 2017
		Weighted-								Weighted-
		Average				Number of				Average				Number of
		Exercise				Options				Exercise				Options
		Price				Outstanding				Price				Outstanding
Outstanding at Beginning of Period		$	7.93				395,000			$	8.35				322,500
Granted			5.90				110,000				7.35				140,000
Forfeited			7.83				(47,500	)			9.05				(67,500	)
Outstanding at End of Period			7.45				457,500				7.93				395,000
Exercisable at End of Period			8.03				292,500				7.94				220,000

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

		Nine-Month Periods Ended
		December 30, 2018				December 31, 2017
Number of options issued			110,000				10,000				20,000				110,000
Grant date			June 13, 2018				December 18, 2017				August 4, 2017				June 8, 2017
Dividend yield			5.42	%			4.92	%			5.77	%			4.13	%
Expected volatility			25.00	%			25.00	%			25.00	%			25.00	%
Risk free interest rate			2.78	%			1.94	%			1.51	%			1.47	%
Contractual term (years)			10.00				10.00				10.00				10.00
Expected term (years)			4.00				3.00				3.00				3.00
Forfeiture rate			5.00	%			5.00	%			5.00	%			5.00	%
Exercise price (grant-date closing price) per option		$	5.90			$	6.50			$	5.55			$	7.75
Fair value per option		$	0.49			$	0.59			$	0.50			$	0.85

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

		Three-Month Period Ended December 30, 2018												Three-Month Period Ended December 31, 2017
		Cost of				Marketing &								Cost of				Marketing &
		Products				Administrative				Total				Products				Administrative				Total
Options Granted in Fiscal Year		Sold				Expenses				Expense				Sold				Expenses				Expense
2017		$	-			$	-			$	-			$	4			$	4			$	8
2018			4				6				10				5				6				11
2019			2				4				6				-				-				-

Total stock option compensation		$	6			$	10			$	16			$	9			$	10			$	19

		Nine-Month Period Ended December 30, 2018												Nine-Month Period Ended December 31, 2017
		Cost of				Marketing &								Cost of				Marketing &
		Products				Administrative				Total				Products				Administrative				Total
Options Granted in Fiscal Year		Sold				Expenses				Expense				Sold				Expenses				Expense
2016		$	-			$	-			$	-			$	6			$	1			$	7
2017			6				5				11				20				11				31
2018			14				19				33				11				13				24
2019			5				8				13				-				-				-

Total stock option compensation		$	25			$	32			$	57			$	37			$	25			$	62

Schedule of Share-based Compensation, Nonemployee Director Stock Award Plan, Activity [Table Text Block]

Number of Shares			Fair Value per Share			Grant Date
28,000			$	5.43		August 8, 2018
28,000				5.50		August 9, 2017
28,000				10.08		August 10, 2016
28,000				8.20		August 12, 2015

Schedule of Nonvested Share Activity [Table Text Block]

		Three-Month Period Ended December 30, 2018												Three-Month Period Ended December 31, 2017
						Nonemployee				Total								Nonemployee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense				Employees				Directors				Expense
2017		$	-			$	-			$	-			$	27			$	35			$	62
2018			29				19				48				29				19				48
2019			-				20				20				-				-				-

Total stock grant compensation		$	29			$	39			$	68			$	56			$	54			$	110

		Nine-Month Period Ended December 30, 2018												Nine-Month Period Ended December 31, 2017
						Non-employee				Total								Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense				Employees				Directors				Expense
2016		$	-			$	-			$	-			$	-			$	38			$	38
2017			-				47				47				81				106				187
2018			87				58				145				87				32				119
2019			-				32				32				-				-				-

Total stock grant compensation		$	87			$	137			$	224			$	168			$	176			$	344

Performance Shares [Member]

Notes Tables

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

										Fair
Fiscal						Fiscal				Value
Year		Shares				Year				Per				Compensation expense recognized during fiscal year
Earned		Granted				Granted				Share				2016				201 7				201 8				201 9
2016			41,205				2017			$	7.865			$	108,000			$	108,000			$	108,000			$	-
2017			42,250				2018				8.271				-				116,000				116,000				116,000

						Vesting of shares during the nine -month periods ended
Fiscal						Dec ember 30 , 201 8												Decem ber 3 1 , 201 7
Year		Shares				Shares				Aggregate				Taxes				Shares				Aggregate				Taxes
Granted		Granted				Vested				Value				Remitted				Vested				Value				Remitted
2017			41,205				20,601			$	122,000			$	39,000				20,604			$	167,000			$	56,000
2018			42,250				21,125				124,000				56,000				- -				- -				- -

		Total					41,726			$	246,000			$	95,000				20,604			$	167,000			$	56,000