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)

9 Months Ended

Jan. 01, 2017

Notes Tables

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

		Nine-Month Period Ended								Nine-Month Period Ended
		January 1, 2017								December 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			7.67				(102,500	)			6.30				(55,000	)
Outstanding at End of Period			8.35				322,500				7.35				385,000
Exercisable at End of Period			7.33				147,500				6.52				192,500

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

		Nine-Month Periods Ended
		January 1, 2017				December 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 January 1, 2017												Three-Month Period Ended December 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			$	10			$	22
2016			5				5				10				5				4				9
2017			8				5				13				-				-				-

Total stock option compensation		$	13			$	10			$	23			$	17			$	14			$	31

		Nine-Month Period Ended January 1, 2017												Nine-Month Period Ended December 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				40				34				74
2016			17				15				32				11				9				20
2017			18				12				30				-				-				-

Total stock option compensation		$	49			$	39			$	88			$	58			$	50			$	108

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 January 1, 2017												Three-Month Period Ended December 27, 2015
						Non-employee				Total								Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense				Employees				Directors				Expense
2015		$	-			$	-			$	-			$	89			$	28			$	117
2016			35				29				64				35				29				64
2017			27				35				62				-				-				-

Total stock grant compensation		$	62			$	64			$	126			$	124			$	57			$	181

		Nine-Month Period Ended January 1, 2017												Nine-Month Period Ended December 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				267				84				351
2016			105				86				191				105				48				153
2017			81				59				140				-				-				-

Total stock grant compensation		$	186			$	182			$	368			$	420			$	163			$	583