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)

9 Months Ended

Dec. 29, 2019

Notes Tables

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

		Nine-Month Periods Ended
		December 29, 2019								December 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
Exercised			6.20				(10,000	)			-				-
Forfeited			7.07				(55,000	)			7.83				(47,500	)
Outstanding at End of Period			6.86				517,500				7.45				457,500
Exercisable at End of Period			7.74				347,500				8.03				292,500

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

		Nine-Month Periods Ended
		December 29, 2019				December 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 December 29, 2019												Three-Month Period Ended December 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		$	-			$	-			$	-			$	4			$	6			$	10
2019			2				4				6				2				4				6
2020			2				3				5				-				-				-

Total stock option compensation		$	4			$	7			$	11			$	6			$	10			$	16

		Nine-Month Period Ended December 29, 2019												Nine-Month Period Ended December 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				14				19				33
2019			7				6				13				5				8				13
2020			5				7				12				-				-				-

Total stock option compensation		$	17			$	14			$	31			$	25			$	32			$	57

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 December 29, 2019												Three-Month Period Ended December 30, 2018
						Non-employee				Total								Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense				Employees				Directors				Expense
2018		$	-			$	-			$	-			$	29			$	19			$	48
2019			19				19				38				-				20				20
2020			-				30				30				-				-				-

Total stock grant compensation		$	19			$	49			$	68			$	29			$	39			$	68

		Nine-Month Period Ended December 29, 2019												Nine-Month Period Ended December 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				87				58				145
2019			55				57				112				-				32				32
2020			-				50				50				-				-				-

Total stock grant compensation		$	55			$	133			$	188			$	87			$	137			$	224

Performance Shares [Member]

Notes Tables

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

					Vesting of shares during the nine -month periods ended
Fiscal					Dec ember 29, 201 9											Dec ember 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