Note 13 - Stock-based Compensation (Tables)
|
6 Months Ended |
Sep. 26, 2021 |
|---|
| Notes Tables |
|
| Share-based Payment Arrangement, Option, Activity [Table Text Block] |
| |
|
Six-Month Periods Ended |
|
| |
|
September 26, 2021 |
|
|
September 27, 2020 |
|
| |
|
Weighted- |
|
|
|
|
|
|
Weighted- |
|
|
|
|
|
| |
|
Average |
|
|
Number of |
|
|
Average |
|
|
Number of |
|
| |
|
Exercise |
|
|
Options |
|
|
Exercise |
|
|
Options |
|
| |
|
Price |
|
|
Outstanding |
|
|
Price |
|
|
Outstanding |
|
| Outstanding at Beginning of Period |
|
$ |
6.84 |
|
|
|
567,500 |
|
|
$ |
6.86 |
|
|
|
517,500 |
|
| Granted |
|
|
7.98 |
|
|
|
158,000 |
|
|
|
4.92 |
|
|
|
110,000 |
|
| Exercised |
|
|
4.96 |
|
|
|
(50,000 |
) |
|
|
- |
|
|
|
- |
|
| Forfeited |
|
|
4.92 |
|
|
|
(5,000 |
) |
|
|
- |
|
|
|
- |
|
| Outstanding at End of Period |
|
|
7.26 |
|
|
|
670,500 |
|
|
|
6.52 |
|
|
|
627,500 |
|
| Exercisable at End of Period |
|
|
7.30 |
|
|
|
387,500 |
|
|
|
7.15 |
|
|
|
455,000 |
|
|
| Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
| |
|
Six-Month Periods Ended |
|
| |
|
September 26, 2021 |
|
|
September 27, 2020 |
|
| Number of options issued |
|
|
158,000 |
|
|
|
110,000 |
|
| Grant date |
|
June 9, 2021 |
|
|
June 10, 2020 |
|
| Dividend yield |
|
|
4.00 |
% |
|
|
6.50 |
% |
| Expected volatility |
|
|
35.00 |
% |
|
|
30.00 |
% |
| Risk free interest rate |
|
|
0.530 |
% |
|
|
0.275 |
% |
| 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 |
|
$ |
7.98 |
|
|
$ |
4.92 |
|
| Fair value per option |
|
$ |
1.61 |
|
|
$ |
0.56 |
|
|
| Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block] |
| |
|
Three-Month Period Ended September 26, 2021 |
|
|
Three-Month Period Ended September 27, 2020 |
|
| |
|
Cost of |
|
|
Marketing & |
|
|
|
|
|
|
Cost of |
|
|
Marketing & |
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|
|
|
|
| |
|
Products |
|
|
Administrative |
|
|
Total |
|
|
Products |
|
|
Administrative |
|
|
Total |
|
| Options Granted in Fiscal Year |
|
Sold |
|
|
Expenses |
|
|
Expense |
|
|
Sold |
|
|
Expenses |
|
|
Expense |
|
| 2020 |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
2 |
|
|
$ |
3 |
|
|
$ |
5 |
|
| 2021 |
|
|
3 |
|
|
|
7 |
|
|
|
10 |
|
|
|
4 |
|
|
|
4 |
|
|
|
8 |
|
| 2022 |
|
|
9 |
|
|
|
28 |
|
|
|
37 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total stock option compensation |
|
$ |
12 |
|
|
$ |
35 |
|
|
$ |
47 |
|
|
$ |
6 |
|
|
$ |
7 |
|
|
$ |
13 |
|
| |
|
Six-Month Period Ended September 26, 2021 |
|
|
Six-Month Period Ended September 27, 2020 |
|
| |
|
Cost of |
|
|
Marketing & |
|
|
|
|
|
|
Cost of |
|
|
Marketing & |
|
|
|
|
|
| |
|
Products |
|
|
Administrative |
|
|
Total |
|
|
Products |
|
|
Administrative |
|
|
Total |
|
| Options Granted in Fiscal Year |
|
Sold |
|
|
Expenses |
|
|
Expense |
|
|
Sold |
|
|
Expenses |
|
|
Expense |
|
| 2019 |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
3 |
|
|
$ |
3 |
|
|
$ |
6 |
|
| 2020 |
|
|
3 |
|
|
|
4 |
|
|
|
7 |
|
|
|
5 |
|
|
|
8 |
|
|
|
13 |
|
| 2021 |
|
|
7 |
|
|
|
23 |
|
|
|
30 |
|
|
|
4 |
|
|
|
5 |
|
|
|
9 |
|
| 2022 |
|
|
11 |
|
|
|
32 |
|
|
|
43 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total stock option compensation |
|
$ |
21 |
|
|
$ |
59 |
|
|
$ |
80 |
|
|
$ |
12 |
|
|
$ |
16 |
|
|
$ |
28 |
|
| |
|
Three-Month Periods Ended |
|
|
Six-Month Periods Ended |
|
| Stock Granted in Fiscal Year |
|
September 26, 2021 |
|
|
September 27, 2020 |
|
|
September 26, 2021 |
|
|
September 27, 2020 |
|
| 2019 |
|
$ |
- |
|
|
$ |
25 |
|
|
$ |
- |
|
|
$ |
62 |
|
| 2020 |
|
|
10 |
|
|
|
30 |
|
|
|
40 |
|
|
|
60 |
|
| 2021 |
|
|
52 |
|
|
|
32 |
|
|
|
104 |
|
|
|
36 |
|
| 2022 |
|
|
99 |
|
|
|
- |
|
|
|
116 |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total stock grant compensation |
|
$ |
161 |
|
|
$ |
87 |
|
|
$ |
260 |
|
|
$ |
158 |
|
|
| Schedule of Nonvested Share Activity [Table Text Block] |
| Number of Shares |
|
|
Fair Value per Share |
|
Grant Date |
Vesting Period (Years) |
| 40,165 |
|
|
$ |
7.47 |
|
August 11, 2021 |
One |
| 41,452 |
|
|
|
5.79 |
|
August 12, 2020 |
Two |
| 46,512 |
|
|
|
5.16 |
|
August 14, 2019 |
Two |
| 28,000 |
|
|
|
5.43 |
|
August 8, 2018 |
Two |
| Number of Shares |
|
|
Fair Value per Share |
|
Grant Date |
Vesting Date |
| 25,000 |
|
|
$ |
5.86 |
|
January 18, 2019 |
January 18, 2021 |
| 20,000 |
|
|
|
4.92 |
|
June 10, 2020 |
June 10, 2022 |
| 10,000 |
|
|
|
7.60 |
|
February 22, 2021 |
February 22, 2023 |
| 25,000 |
|
|
|
7.98 |
|
June 9, 2021 |
June 9, 2022 |
|