Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Stock-based Compensation (Tables)

v2.4.1.9
Note 4 - Stock-based Compensation (Tables)
9 Months Ended
Dec. 28, 2014
Notes Tables  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
 
 
Nine-Month Period 
Ended December 28, 2014
 
 
Nine-Month Period 
Ended December 29, 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
    5.78       (10,000 )     5.12       (40,000 )
Outstanding at End of Period
    6.80       340,000       5.70       205,000  
Exercisable at End of Period
    5.60       125,000       5.14       55,000  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
 
 
Nine-Month Periods Ended
 
 
 
December 28, 2014
 
 
December 29, 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) per option
  $ 7.90     $ 6.14  
Fair value per option
  $ 1.19     $ 0.98  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
 
 
Three-Month Period Ended December 28, 2014
   
Three-Month Period Ended December 29, 2013
 
 
 
Cost of
   
Other
Marketing
&
 
 
 
 
 
 
Cost of
   
Other
Marketing
&
 
 
 
 
 
 
 
Products
   
Administrative
   
Total
   
Products
   
Administrative
   
Total
 
Options Granted in Fiscal Year
 
Sold
   
Expenses
   
Expense
   
Sold
   
Expenses
   
Expense
 
2013
  $ -     $ -     $ -     $ 11     $ 11     $ 22  
2014
    6       6       12       6       6       12  
2015
    12       10       22       -       -       -  
                                                 
Total stock option compensation
  $ 18     $ 16     $ 34     $ 17     $ 17     $ 34  
 
 
Nine-Month Period Ended December 28, 2014
   
Nine-Month Period Ended December 29, 2013
 
 
 
Cost of
   
Other
Marketing
&
 
 
 
 
 
 
Cost of
   
Other
Marketing
&
 
 
 
 
 
 
 
Products
   
Administrative
   
Total
   
Products
   
Administrative
   
Total
 
Options Granted in Fiscal Year
 
Sold
   
Expenses
   
Expense
   
Sold
   
Expenses
   
Expense
 
2012
  $ -     $ -     $ -     $ 14     $ 11     $ 25  
2013
    12       12       24       35       35       70  
2014
    19       19       38       13       13       26  
2015
    26       22       48       -       -       -  
                                                 
Total stock option compensation
  $ 57     $ 53     $ 110     $ 62     $ 59     $ 121  
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
$7.97
September 28, 2014
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 December 28, 2014
   
Three-Month Period Ended December 29, 2013
 
 
 
 
 
 
 
Non-employee
   
Total
 
 
 
 
 
 
Non-employee
   
Total
 
Stock Granted in Fiscal Year
 
Employees
   
Directors
   
Expense
   
Employees
   
Directors
   
Expense
 
2011
  $ 51     $ -     $ 51     $ 55     $ -     $ 55  
2012
    -       -       -       -       -       -  
2013
    -       -       -       -       19       19  
2014
    -       23       23       -       23       23  
2015
    89       28       117       -       -       -  
                                                 
Total stock grant compensation
  $ 140     $ 51     $ 191     $ 55     $ 42     $ 97  
 
 
Nine-Month Period Ended December 28, 2014
   
Nine-Month Period Ended December 29, 2013
 
 
 
 
 
 
 
Non-employee
   
Total
 
 
 
 
 
 
Non-employee
   
Total
 
Stock Granted in Fiscal Year
 
Employees
   
Directors
   
Expense
   
Employees
   
Directors
   
Expense
 
2011
  $ 133     $ -     $ 133     $ 141     $ -     $ 141  
2012
    -       -       -       -       22       22  
2013
    -       27       27       -       71       71  
2014
    -       69       69       93       39       132  
2015
    267       46       313       -       -       -  
                                                 
Total stock grant compensation
  $ 400     $ 142     $ 542     $ 234     $ 132     $ 366