Crown Crafts, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Stock-based Compensation (Tables)

Note 5 - Stock-based Compensation (Tables)

6 Months Ended

Oct. 02, 2016

Notes Tables

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

		Six-Month Period Ended								Six-Month Period Ended
		October 2, 2016								September 27, 2015
		Weighted-								Weighted-
		Average				Number of				Average				Number of
		Exercise				Options				Exercise				Options
		Price				Outstanding				Price				Outstanding
Outstanding at Beginning of Period		$	7.64				305,000			$	6.83				330,000
Granted			9.60				120,000				8.38				110,000
Exercised			7.68				(77,500	)			6.57				(22,500	)
Outstanding at End of Period			8.30				347,500				7.25				417,500
Exercisable at End of Period			7.38				172,500				6.46				225,000

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

		Six-Month Periods Ended
		October 2, 2016				September 27, 2015
Options issued			120,000				110,000
Grant date			June 8, 2016				June 12, 2015
Dividend yield			3.33	%			3.82	%
Expected volatility			20.00	%			20.00	%
Risk free interest rate			0.93	%			1.12	%
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		$	9.60			$	8.38
Fair value per option		$	0.94			$	0.77

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

		Three-Month Period Ended October 2, 2016												Three-Month Period Ended September 27, 2015
		Cost of				Marketing &								Cost of				Marketing &
		Products				Administrative				Total				Products				Administrative				Total
Options Granted in Fiscal Year		Sold				Expenses				Expense				Sold				Expenses				Expense
2015		$	-			$	-			$	-			$	12			$	11			$	23
2016			5				4				9				5				4				9
2017			8				6				14				-				-				-

Total stock option compensation		$	13			$	10			$	23			$	17			$	15			$	32

		Six-Month Period Ended October 2, 2016												Six-Month Period Ended September 27, 2015
		Cost of				Marketing &								Cost of				Marketing &
		Products				Administrative				Total				Products				Administrative				Total
Options Granted in Fiscal Year		Sold				Expenses				Expense				Sold				Expenses				Expense
2014		$	-			$	-			$	-			$	7			$	7			$	14
2015			14				12				26				28				24				52
2016			12				10				22				6				5				11
2017			10				7				17				-				-				-

Total stock option compensation		$	36			$	29			$	65			$	41			$	36			$	77

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			$	10.08		October 2, 2016
28,000			$	8.20		September 27, 2015
28,000			$	7.97		September 28, 2014
28,000			$	6.67		September 29, 2013

Schedule of Nonvested Share Activity [Table Text Block]

		Three-Month Period Ended October 2, 2016												Three-Month Period Ended September 27, 2015
						Non-employee				Total								Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense				Employees				Directors				Expense
2011		$	-			$	-			$	-			$	12			$	-			$	12
2014			-				-				-				-				8				8
2015			-				9				9				89				28				117
2016			35				28				63				35				19				54
2017			27				24				51				-				-				-

Total stock grant compensation		$	62			$	61			$	123			$	136			$	55			$	191

		Six-Month Period Ended October 2, 2016												Six-Month Period Ended September 27, 2015
						Non-employee				Total								Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense				Employees				Directors				Expense
2011		$	-			$	-			$	-			$	48			$	-			$	48
2014			-				-				-				-				31				31
2015			-				37				37				178				56				234
2016			70				57				127				70				19				89
2017			54				24				78				-				-				-

Total stock grant compensation		$	124			$	118			$	242			$	296			$	106			$	402