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)
9 Months Ended
Dec. 30, 2012
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
   
Nine-Month Period Ended December 30, 2012
   
Nine-Month Period Ended January 1, 2012
 
   
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
    3.46       (521,750 )     3.20       (196,500 )
Forfeited
    0.71       (1,250 )     -       -  
Outstanding at End of Period
    5.23       160,000       3.57       650,500  
Exercisable at End of Period
    -       -       3.26       500,500  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   
Nine-Month Periods Ended
 
   
December 30, 2012
   
January 1, 2012
 
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
   
Nine-Month Period
 
Options Granted in Fiscal Year
 
Cost of
Products
Sold
   
Marketing &
Administrative
Expenses
   
Total
Expense
   
Cost of
Products
Sold
   
Marketing &
Administrative
Expenses
   
Total
Expense
 
2011
  $ -     $ -     $ -     $ 14     $ 13     $ 27  
2012
    12       12       24       41       41       82  
2013
    11       13       24       24       28       52  
                                                 
Total stock option compensation
  $ 23     $ 25     $ 48     $ 79     $ 82     $ 161  
   
Three-Month Period
   
Nine-Month Period
 
Options Granted in Fiscal Year
 
Cost of
Products
Sold
   
Marketing &
Administrative
Expenses
   
Total
Expense
   
Cost of
Products
Sold
   
Marketing &
Administrative
Expenses
   
Total
Expense
 
2010
  $ -     $ -     $ -     $ 15     $ 33     $ 48  
2011
    11       11       22       36       37       73  
2012
    12       12       24       28       27       55  
                                                 
Total stock option compensation
  $ 23     $ 23     $ 46     $ 79     $ 97     $ 176  
Schedule of Other Share-based Compensation, Activity [Table Text Block]
   
Three-Month Period
   
Nine-Month Period
 
Stock Granted in Fiscal Year
 
Employees
   
Non-employee
Directors
   
Total
Expense
   
Employees
   
Non-employee
Directors
   
Total
Expense
 
2011
  $ 148     $ -     $ 148     $ 252     $ 18     $ 270  
2012
    -       17       17       -       50       50  
2013
    -       29       29       -       49       49  
                                                 
Total stock grant compensation
  $ 148     $ 46     $ 194     $ 252     $ 117     $ 369  
   
Three-Month Period
   
Nine-Month Period
 
Stock Granted in Fiscal Year
 
Employees
   
Non-employee
Directors
   
Total
Expense
   
Employees
   
Non-employee
Directors
   
Total
Expense
 
2010
  $ -     $ -     $ -     $ -     $ 11     $ 11  
2011
    52       13       65       156       44       200  
2012
    -       17       17       -       28       28  
                                                 
Total stock grant compensation
  $ 52     $ 30     $ 82     $ 156     $ 83     $ 239