Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Stock-based Compensation (Tables)

v3.2.0.727
Note 4 - Stock-based Compensation (Tables)
3 Months Ended
Jun. 28, 2015
Notes Tables  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
 
 
Three-Month Period Ended
 
 
Three-Month Period Ended
 
 
 
June 28, 2015
 
 
June 29, 2014
 
 
 
Weighted-
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
Average
 
 
Number of
 
 
Average
 
 
Number of
 
 
 
Exercise
 
 
Options
 
 
Exercise
 
 
Options
 
 
 
Price
 
 
Outstanding
 
 
Price
 
 
Outstanding
 
Outstanding at Beginning of Period
  $ 6.83       330,000     $ 5.76       185,000  
Granted
    8.38       110,000       7.90       165,000  
Outstanding at End of Period
    7.22       440,000       6.77       350,000  
Exercisable at End of Period
    6.47       247,500       5.62       135,000  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
 
 
Three-Month Periods Ended
 
 
 
June 28, 2015
 
 
June 29, 2014
 
Options issued
    110,000       165,000  
Grant date
 
June 12, 2015
   
June 18, 2014
 
Dividend yield
    3.82 %     4.05 %
Expected volatility
    20.00 %     30.00 %
Risk free interest rate
    1.12 %     0.95 %
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
  $ 8.38     $ 7.90  
Fair value per option
  $ 0.77     $ 1.19  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
 
 
Three-Month Period Ended June 28, 2015
 
 
Three-Month Period Ended June 29, 2014
 
 
 
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
  $ -     $ -     $ -     $ 12     $ 12     $ 24  
2014
    7       7       14       7       7       14  
2015
    16       13       29       2       2       4  
2016
    1       1       2       -       -       -  
                                                 
Total stock option compensation
  $ 24     $ 21     $ 45     $ 21     $ 21     $ 42  
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
Schedule of Nonvested Share Activity [Table Text Block]
 
 
Three-Month Period Ended June 28, 2015
 
 
Three-Month Period Ended June 29, 2014
 
 
 
 
 
 
 
Non-employee
 
 
Total
 
 
 
 
 
 
Non-employee
 
 
Total
 
Stock Granted in Fiscal Year
 
Employees
 
 
Directors
 
 
Expense
 
 
Employees
 
 
Directors
 
 
Expense
 
2011
  $ 36     $ -     $ 36     $ 41     $ -     $ 41  
2013
    -       -       -       -       20       20  
2014
    -       23       23       -       23       23  
2015
    89       28       117       89       -       89  
2016
    35       -       35       -       -       -  
                                                 
Total stock grant compensation
  $ 160     $ 51     $ 211     $ 130     $ 43     $ 173