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

Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Stock-based Compensation (Tables)

Note 6 - Stock-based Compensation (Tables)

6 Months Ended

Sep. 30, 2018

Notes Tables

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

		Six-Month Periods Ended
		September 30, 2018								October 1, 2017
		Weighted-								Weighted-
		Average				Number of				Average				Number of
		Exercise				Options				Exercise				Options
		Price				Outstanding				Price				Outstanding
Outstanding at Beginning of Period		$	7.93				395,000			$	8.35				322,500
Granted			5.90				110,000				7.41				130,000
Forfeited			7.83				(47,500	)			9.01				(52,500	)
Outstanding at End of Period			7.45				457,500				8.01				400,000
Exercisable at End of Period			8.06				287,500				7.99				230,000

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

		Six-Month Periods Ended
		September 30, 2018				October 1, 2017
Number of options issued			110,000				20,000				110,000
Grant date		June 13, 2018				August 4, 2017				June 8, 2017
Dividend yield			5.42	%			5.77	%			4.13	%
Expected volatility			25.00	%			25.00	%			25.00	%
Risk free interest rate			2.78	%			1.51	%			1.47	%
Contractual term (years)			10.00				10.00				10.00
Expected term (years)			4.00				3.00				3.00
Forfeiture rate			5.00	%			5.00	%			5.00	%
Exercise price (grant-date closing price) per option		$	5.90			$	5.55			$	7.75
Fair value per option		$	0.49			$	0.50			$	0.85

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

		Three-Month Period Ended September 30, 2018												Three-Month Period Ended October 1, 2017
		Cost of				Marketing &								Cost of				Marketing &
		Products				Administrative				Total				Products				Administrative				Total
Options Granted in Fiscal Year		Sold				Expenses				Expense				Sold				Expenses				Expense
2017		$	-			$	-			$	-			$	6			$	5			$	11
2018			3				5				8				4				6				10
2019			3				3				6				-				-				-

Total stock option compensation		$	6			$	8			$	14			$	10			$	11			$	21

		Six-Month Period Ended September 30, 2018												Six-Month Period Ended October 1, 2017
		Cost of				Marketing &								Cost of				Marketing &
		Products				Administrative				Total				Products				Administrative				Total
Options Granted in Fiscal Year		Sold				Expenses				Expense				Sold				Expenses				Expense
2016		$	-			$	-			$	-			$	6			$	1			$	7
2017			6				5				11				16				7				23
2018			10				13				23				6				7				13
2019			3				4				7				-				-				-

Total stock option compensation		$	19			$	22			$	41			$	28			$	15			$	43

Schedule of Share-based Compensation, Nonemployee Director Stock Award Plan, Activity [Table Text Block]

Number of Shares			Fair Value per Share			Grant Date
28,000			$	5.43		August 8, 2018
28,000				5.50		August 9, 2017
28,000				10.08		August 10, 2016
28,000				8.20		August 12, 2015

Schedule of Nonvested Share Activity [Table Text Block]

		Three-Month Period Ended September 30, 2018												Three-Month Period Ended October 1, 2017
						Nonemployee				Total								Nonemployee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense				Employees				Directors				Expense
2016		$	-			$	-			$	-			$	-			$	9			$	9
2017			-				12				12				27				36				63
2018			29				20				49				29				13				42
2019			-				12				12				-				-				-

Total stock grant compensation		$	29			$	44			$	73			$	56			$	58			$	114

		Six-Month Period Ended September 30, 2018												Six-Month Period Ended October 1, 2017
						Non-employee				Total								Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense				Employees				Directors				Expense
2016		$	-			$	-			$	-			$	-			$	38			$	38
2017			-				47				47				54				71				125
2018			58				39				97				58				13				71
2019			-				12				12				-				-				-

Total stock grant compensation		$	58			$	98			$	156			$	112			$	122			$	234

Performance Shares [Member]

Notes Tables

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

										Fair
Fiscal						Fiscal				Value
Year		Shares				Year				Per				Compensation expense recognized during fiscal year
Earned		Granted				Granted				Share				2016				201 7				201 8				201 9
2016			41,205				2017			$	7.865			$	108,000			$	108,000			$	108,000			$	-
2017			42,250				2018				8.271				-				116,000				116,000				116,000

						Vesting of shares during the six -month periods ended
Fiscal						September 30 , 201 8												October 1 , 201 7
Year		Shares				Shares				Aggregate				Taxes				Shares				Aggregate				Taxes
Granted		Granted				Vested				Value				Remitted				Vested				Value				Remitted
2017			41,205				20,601			$	122,000			$	39,000				20,604			$	167,000			$	56,000
2018			42,250				21,125				124,000				56,000				-				-				-

		Total					41,726			$	246,000			$	95,000				20,604			$	167,000			$	56,000