Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Stock-based Compensation (Tables)

v2.4.0.6
Note 6 - Stock-based Compensation (Tables)
3 Months Ended
Jul. 01, 2012
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
   
Three-Month Period Ended July 1, 2012
   
Three-Month Period Ended July 3, 2011
 
   
Weighted-Average
Exercise Price
   
Number of Options
Outstanding
   
Weighted-Average
Exercise Price
   
Number of Options
Outstanding
 
Outstanding at Beginning of Period
  $ 3.57       573,000     $ 3.31       747,000  
Granted
    5.42       110,000       4.81       100,000  
Exercised
    3.05       (261,250 )     3.24       (193,500 )
Outstanding at End of Period
    4.38       421,750       3.56       653,500  
Exercisable at End of Period
    3.86       261,750       3.28       423,500  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   
Three-Month Periods Ended
 
   
July 1, 2012
   
July 3, 2011
 
Options issued
    110,000       100,000  
Grant Date
 
June 13, 2012
   
June 10, 2011
 
Dividend yield
    5.90 %     2.49 %
Expected volatility
    65.00 %     60.00 %
Risk free interest rate
    0.55 %     1.84 %
Contractual term (years)
    10.00       10.00  
Expected term (years)
    4.00       5.75  
Forfeiture rate
    5.00 %     5.00 %
Exercise price (grant-date closing price)
  $ 5.42     $ 4.81  
Fair value
  $ 1.84     $ 2.16  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
   
Three-Month Period Ended July 1, 2012
   
Three-Month Period Ended July 3, 2011
 
Options Granted in Fiscal Year
 
Cost of
Products
Sold
   
Marketing &
Administrative
Expenses
   
Total
Expense
   
Cost of
Products
Sold
   
Marketing &
Administrative
Expenses
   
Total
Expense
 
2010
  $ -     $ -     $ -     $ 9     $ 19     $ 28  
2011
    14       13       27       14       15       29  
2012
    17       16       33       3       3       6  
2013
    2       3       5       -       -       -  
                                                 
Total stock option compensation
  $ 33     $ 32     $ 65     $ 26     $ 37     $ 63  
Schedule of Other Share-based Compensation, Activity [Table Text Block]
   
Three-Month Period Ended July 1, 2012
   
Three-Month Period Ended July 3, 2011
 
         
Non-employee
   
Total
         
Non-employee
   
Total
 
Stock Granted in Fiscal Year
 
Employees
   
Directors
   
Expense
   
Employees
   
Directors
   
Expense
 
2010
  $ -     $ -     $ -     $ -     $ 6     $ 6  
2011
    52       14       66       52       16       68  
2012
    -       16       16       -       -       -  
                                                 
Total stock grant compensation
  $ 52     $ 30     $ 82     $ 52     $ 22     $ 74