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

Annual report pursuant to Section 13 and 15(d)

Note 9 - Stock-based Compensation (Tables)

Note 9 - Stock-based Compensation (Tables)

12 Months Ended

Mar. 31, 2013

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

		Fiscal Year Ended March 31, 2013								Fiscal Year Ended April 1, 2012
		Weighted-Average Exercise Price				Number of Options Outstanding				Weighted-Average Exercise Price				Number of Options Outstanding
Outstanding at Beginning of Period		$	3.57				573,000			$	3.31				747,000
Granted			5.42				110,000				4.81				100,000
Exercised			3.46				(521,750	)			3.30				(274,000	)
Expired			0.71				(1,250	)			-				-
Forfeited			5.22				(15,000	)			-				-
Outstanding at End of Period			5.23				145,000				3.57				573,000
Exercisable at End of Period			-				-				3.20				423,000

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

		2013				2012
Options issued			110,000				100,000
Grant Date		June 13, 2012				June 10, 2011
Dividend yield			5.90	%			2.49	%
Expected volatility			65.00	%			60.00	%
Risk free interest rate			0.55	%			1.84	%
Contractual term (years)			10.00				10.00
Expected term (years)			4.00				5.75
Forfeiture rate			5.00	%			5.00	%
Exercise price (grant-date closing price)		$	5.42			$	4.81
Fair value		$	1.84			$	2.16

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

		Fiscal Year Ended March 31, 2013
Options Granted in Fiscal Year		Cost of Products Sold				Marketing & Administrative Expenses				Total Expense
2011		$	13			$	13			$	26
2012			54				46				100
2013			34				34				68

Total stock option compensation		$	101			$	93			$	194

		Fiscal Year Ended April 1, 2012
Options Granted in Fiscal Year		Cost of Products Sold				Marketing & Administrative Expenses				Total Expense
2010		$	15			$	32			$	47
2011			47				47				94
2012			41				41				82

Total stock option compensation		$	103			$	120			$	223

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

	Exercise Price				Number of Options Outstanding				Weighted Avg. Remaining Contractual Life in Years				Weighted Avg. Exercise Price of Options Outstanding				Number of Options Exercisable				Weighted Avg. Exercise Price of Options Exercisable
	$	4.81				45,000				8.19			$	4.81				-			$	-
	$	5.42				100,000				9.20			$	5.42				-			$	-
						145,000				8.89			$	5.23				-			$	-

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

		Fiscal Year Ended March 31, 2013
Stock Granted in Fiscal Year		Employees				Non-employee Directors				Total Expense
2011		$	295			$	18			$	313
2012			-				66				66
2013			-				79				79

Total stock grant compensation		$	295			$	163			$	458

		Fiscal Year Ended April 1, 2012
Stock Granted in Fiscal Year		Employees				Non-employee Directors				Total Expense
2010		$	-			$	11			$	11
2011			208				58				266
2012			-				45				45

Total stock grant compensation		$	208			$	114			$	322