Crown Crafts, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Note 8 - Stock-based Compensation (Tables)

Note 8 - Stock-based Compensation (Tables)

12 Months Ended

Mar. 29, 2020

Notes Tables

Share-based Payment Arrangement, Option, Activity [Table Text Block]

		Fiscal Years Ended
		March 29, 2020								March 31, 2019
		Weighted-								Weighted-
		Average				Number of				Average				Number of
		Exercise				Options				Exercise				Options
		Price				Outstanding				Price				Outstanding
Outstanding at Beginning of Period		$	7.45				457,500			$	7.93				395,000
Granted			4.76				125,000				5.90				110,000
Exercised			6.20				(10,000	)			-				-
Forfeited			7.07				(55,000	)			7.83				(47,500	)
Outstanding at End of Period			6.86				517,500				7.45				457,500
Exercisable at End of Period			7.74				347,500				8.03				292,500

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

		Fiscal Year Ended
		March 29, 2020				March 31, 2019
Number of options issued			125,000				110,000
Grant date			June 13, 2019				June 13, 2018
Dividend yield			6.72	%			5.42	%
Expected volatility			25.00	%			25.00	%
Risk free interest rate			1.81	%			2.78	%
Contractual term (years)			10.00				10.00
Expected term (years)			4.00				4.00
Forfeiture rate			5.00	%			5.00	%
Exercise price (grant-date closing price) per option		$	4.76			$	5.90
Fair value per option		$	0.39			$	0.49

Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]

		Fiscal Year Ended March 29, 2020
		Cost of				Marketing &
		Products				Administrative				Total
Options Granted in Fiscal Year		Sold				Expenses				Expense
2018		$	5			$	1			$	6
2019			10				8				18
2020			7				11				18

Total stock option compensation		$	22			$	20			$	42

		Fiscal Year Ended March 31, 2019
		Cost of				Marketing &
		Products				Administrative				Total
Options Granted in Fiscal Year		Sold				Expenses				Expense
2017		$	6			$	4			$	10
2018			17				26				43
2019			7				13				20

Total stock option compensation		$	30			$	43			$	73

Share-based Payment Arrangement, Option, Exercise Price Range [Table Text Block]

													Weighted-								Weighted-
									Weighted-				Avg. Exercise								Avg. Exercise
					Number				Avg. Remaining				Price of				Number				Price of
Exercise					of Options				Contractual				Options				of Options				Options
Price					Outstanding				Life in Years				Outstanding				Exercisable				Exercisable
$4.00	-	4.99				130,000				8.90			$	4.76				5,000			$	4.81
$5.00	-	5.99				105,000				7.06			$	5.81				60,000			$	5.74
$6.00	-	6.99				25,000				4.11			$	6.21				25,000			$	6.21
$7.00	-	7.99				132,500				6.02			$	7.81				132,500			$	7.81
$8.00	-	8.99				55,000				5.20			$	8.38				55,000			$	8.38
$9.00	-	9.99				70,000				6.19			$	9.60				70,000			$	9.60
						517,500				6.80			$	6.86				347,500			$	7.74

Share-based Payment Arrangement, Nonemployee Director Award Plan, Activity [Table Text Block]

	Number				Fair Value
	of Shares				per Share				Grant Date
		46,512			$	5.16			August 14, 2019
		28,000				5.43			August 8, 2018
		28,000				5.50			August 9, 2017
		28,000				10.08			August 10, 2016

Schedule of Nonvested Share Activity [Table Text Block]

		Fiscal Year Ended March 29, 2020
						Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense
2018		$	-			$	26			$	26
2019			73				76				149
2020			-				80				80

Total stock grant compensation		$	73			$	182			$	255

		Fiscal Year Ended March 31, 2019
						Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense
2017		$	-			$	47			$	47
2018			116				77				193
2019			13				51				64

Total stock grant compensation		$	129			$	175			$	304

Performance Shares [Member]

Notes Tables

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

						Vesting of shares during the fiscal years ended
Fiscal						March 29, 2020												March 31, 2019
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
2018			42,250				21,125				109,000				17,000				21,125				124,000				56,000

		Total					21,125			$	109,000			$	17,000				41,726			$	246,000			$	95,000