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

Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Stock-based Compensation (Tables)

Note 7 - Stock-based Compensation (Tables)

6 Months Ended

Sep. 29, 2019

Notes Tables

Share-based Payment Arrangement, Option, Activity [Table Text Block]

		Six-Month Periods Ended
		September 29, 2019								September 30, 2018
		Weighted-								Weighted-
		Average				Number of				Average				Number of
		Exercise				Options				Exercise				Options
		Price				Outstanding				Price				Outstanding
Outstanding at Beginning of Period		$	7.45				457,500			$	7.93				395,000
Granted			4.76				125,000				5.90				110,000
Forfeited			7.07				(55,000	)			7.83				(47,500	)
Outstanding at End of Period			6.85				527,500				7.45				457,500
Exercisable at End of Period			7.72				352,500				8.06				287,500

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

		Six-Month Periods Ended
		September 29, 2019				September 30, 2018
Number of options issued			125,000				110,000
Grant date		June 13, 2019				June 13, 2018
Dividend yield			6.72	%			5.42	%
Expected volatility			25.00	%			25.00	%
Risk free interest rate			1.81	%			2.78	%
Contractual term (years)			10.00				10.00
Expected term (years)			4.00				4.00
Forfeiture rate			5.00	%			5.00	%
Exercise price (grant-date closing price) per option		$	4.76			$	5.90
Fair value per option		$	0.39			$	0.49

Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]

		Three-Month Period Ended September 29, 2019												Three-Month Period Ended September 30, 2018
		Cost of				Marketing &								Cost of				Marketing &
		Products				Administrative				Total				Products				Administrative				Total
Options Granted in Fiscal Year		Sold				Expenses				Expense				Sold				Expenses				Expense
2018		$	1			$	-			$	1			$	3			$	5			$	8
2019			2				2				4				3				3				6
2020			3				3				6				-				-				-

Total stock option compensation		$	6			$	5			$	11			$	6			$	8			$	14

		Six-Month Period Ended September 29, 2019												Six-Month Period Ended September 30, 2018
		Cost of				Marketing &								Cost of				Marketing &
		Products				Administrative				Total				Products				Administrative				Total
Options Granted in Fiscal Year		Sold				Expenses				Expense				Sold				Expenses				Expense
2017		$	-			$	-			$	-			$	6			$	5			$	11
2018			5				1				6				10				13				23
2019			5				2				7				3				4				7
2020			3				4				7				-				-				-

Total stock option compensation		$	13			$	7			$	20			$	19			$	22			$	41

Share-based Payment Arrangement, Nonemployee Director Award Plan, Activity [Table Text Block]

Number of Shares			Fair Value per Share			Grant Date
46,512			$	5.16		August 14, 2019
28,000				5.43		August 8, 2018
28,000				5.50		August 9, 2017
28,000				10.08		August 10, 2016

Schedule of Nonvested Share Activity [Table Text Block]

		Three-Month Period Ended September 29, 2019												Three-Month Period Ended September 30, 2018
						Non-employee				Total								Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense				Employees				Directors				Expense
2017		$	-			$	-			$	-			$	-			$	12			$	12
2018			-				7				7				29				20				49
2019			18				19				37				-				12				12
2020			-				20				20				-				-				-

Total stock grant compensation		$	18			$	46			$	64			$	29			$	44			$	73

		Six-Month Period Ended September 29, 2019												Six-Month Period Ended September 30, 2018
						Non-employee				Total								Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense				Employees				Directors				Expense
2017		$	-			$	-			$	-			$	-			$	47			$	47
2018			-				26				26				58				39				97
2019			36				38				74				-				12				12
2020			-				20				20				-				-				-

Total stock grant compensation		$	36			$	84			$	120			$	58			$	98			$	156

Performance Shares [Member]

Notes Tables

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

						Vesting of shares during the six -month periods ended
Fiscal						September 29, 201 9												September 30 , 2018
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
2018			42,250				21,125				109,000				17,000				21,125				124,000				56,000

		Total					21,125			$	109,000			$	17,000				41,726			$	246,000			$	95,000