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. 27, 2020

Notes Tables

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

		Six-Month Periods Ended
		September 27, 2020								September 29, 2019
		Weighted-								Weighted-
		Average				Number of				Average				Number of
		Exercise				Options				Exercise				Options
		Price				Outstanding				Price				Outstanding
Outstanding at Beginning of Period		$	6.86				517,500			$	7.45				457,500
Granted			4.92				110,000				4.76				125,000
Forfeited			-				-				7.07				(55,000	)
Outstanding at End of Period			6.52				627,500				6.85				527,500
Exercisable at End of Period			7.15				455,000				7.72				352,500

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

		Six-Month Periods Ended
		September 27, 2020				September 29, 2019
Number of options issued			110,000				125,000
Grant date		June 10, 2020				June 13, 2019
Dividend yield			6.50	%			6.72	%
Expected volatility			30.00	%			25.00	%
Risk free interest rate			0.275	%			1.810	%
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		$	4.92			$	4.76
Fair value per option		$	0.56			$	0.39

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

		Three-Month Period Ended September 27, 2020												Three-Month Period Ended September 29, 2019
		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
2019			-				-				-				2				2				4
2020			2				3				5				3				3				6
2021			4				4				8				-				-				-

Total stock option compensation		$	6			$	7			$	13			$	6			$	5			$	11

		Six-Month Period Ended September 27, 2020												Six-Month Period Ended September 29, 2019
		Cost of				Marketing &								Cost of				Marketing &
		Products				Administrative				Total				Products				Administrative				Total
Options Granted in Fiscal Year		Sold				Expenses				Expense				Sold				Expenses				Expense
2018		$	-			$	-			$	-			$	5			$	1			$	6
2019			3				3				6				5				2				7
2020			5				8				13				3				4				7
2021			4				5				9				-				-				-

Total stock option compensation		$	12			$	16			$	28			$	13			$	7			$	20

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

Number of Shares			Fair Value per Share			Grant Date
41,452			$	5.79		August 12, 2020
46,512				5.16		August 14, 2019
28,000				5.43		August 8, 2018
28,000				5.50		August 9, 2017

Schedule of Nonvested Share Activity [Table Text Block]

		Three-Month Period Ended September 27, 2020												Three-Month Period Ended September 29, 2019
						Non-employee				Total								Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense				Employees				Directors				Expense
2018		$	-			$	-			$	-			$	-			$	7			$	7
2019			19				6				25				18				19				37
2020			-				30				30				-				20				20
2021			12				20				32				-				-				-

Total stock grant compensation		$	31			$	56			$	87			$	18			$	46			$	64

		Six-Month Period Ended September 27, 2020												Six-Month Period Ended September 29, 2019
						Non-employee				Total								Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense				Employees				Directors				Expense
2018		$	-			$	-			$	-			$	-			$	26			$	26
2019			37				25				62				36				38				74
2020			-				60				60				-				20				20
2021			16				20				36				-				-				-

Total stock grant compensation		$	53			$	105			$	158			$	36			$	84			$	120