Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Stock-based Compensation (Tables)

v2.4.0.8
Note 5 - Stock-based Compensation (Tables)
3 Months Ended
Jun. 29, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
   

Three-Month Period Ended

June 29, 2014

   

Three-Month Period Ended

June 30, 2013

 
   

Weighted-Average

   

Number of Options

   

Weighted-Average

   

Number of Options

 
   

Exercise Price

   

Outstanding

   

Exercise Price

   

Outstanding

 

Outstanding at Beginning of Period

  $ 5.76       185,000     $ 5.23       145,000  

Granted

    7.90       165,000       6.14       100,000  

Exercised

    -       -       5.12       (10,000 )

Outstanding at End of Period

    6.77       350,000       5.62       235,000  

Exercisable at End of Period

    5.62       135,000       5.13       85,000  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   

Three-Month Periods Ended

 
   

June 29, 2014

   

June 30, 2013

 

Options issued

    165,000       100,000  

Grant Date

 

June 18, 2014

   

June 14, 2013

 

Dividend yield

    4.05 %     5.21 %

Expected volatility

    30.00 %     35.00 %

Risk free interest rate

    0.95 %     0.49 %

Contractual term (years)

    10.00       10.00  

Expected term (years)

    3.00       3.00  

Forfeiture rate

    5.00 %     5.00 %

Exercise price (grant-date closing price)

  $ 7.90     $ 6.14  

Fair value

  $ 1.19     $ 0.98  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
     

Three-Month Period Ended June 29, 2014

   

Three-Month Period Ended June 30, 2013

 
     

Cost of

   

Marketing &

           

Cost of

   

Other Marketing

         
Options Granted in Fiscal    

Products

   

Administrative

   

Total

   

Products

   

& Administrative

   

Total

 

Year

   

Sold

   

Expenses

   

Expense

   

Sold

   

Expenses

   

Expense

 

2012

    $ -     $ -     $ -     $ 14     $ 11     $ 25  

2013

      12       12       24       14       14       28  

2014

      7       7       14       1       1       2  

2015

      2       2       4       -       -       -  
                                                   

Total stock option compensation

    $ 21     $ 21     $ 42     $ 29     $ 26     $ 55  
Schedule of Share-based Compensation, Nonemployee Director Stock Award Plan, Activity [Table Text Block]
 

Number of Shares

   

Fair Value per Share

 

Three-Month Period Ended

    28,000       $6.67  

 

September 29, 2013  
    42,000       $5.62  

 

September 30, 2012  
    30,000       $4.44  

 

 October 2, 2011  
Schedule of Other Share-based Compensation, Activity [Table Text Block]
     

Three-Month Period Ended June 29, 2014

   

Three-Month Period Ended June 30, 2013

 
             

Non-employee

   

Total

           

Non-employee

   

Total

 

Stock Granted in Fiscal Year

   

Employees

   

Directors

   

Expense

   

Employees

   

Directors

   

Expense

 

2011

    $ 41     $ -     $ 41     $ 43     $ -     $ 43  

2012

      -       -       -       -       17       17  

2013

      -       20       20       -       29       29  

2014

      -       23       23       49       -       49  

2015

      89       -       89       -       -       -  
                                                   

Total stock grant compensation

    $ 130     $ 43     $ 173     $ 92     $ 46     $ 138