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

Annual report pursuant to Section 13 and 15(d)

Note 4 - Stock-based Compensation (Tables)

Note 4 - Stock-based Compensation (Tables)

12 Months Ended

Mar. 29, 2015

Notes Tables

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

		Fiscal Year Ended								Fiscal Year Ended
		March 29, 2015								March 30, 2014
		Weighted-								Weighted-
		Average				Number of				Average				Number of
		Exercise				Options				Exercise				Options
		Price				Outstanding				Price				Outstanding
Outstanding at Beginning of Period		$	5.76				185,000			$	5.23				145,000
Granted			7.90				165,000				6.14				100,000
Exercised			5.78				(20,000	)			5.12				(60,000	)
Outstanding at End of Period			6.83				330,000				5.76				185,000
Exercisable at End of Period			5.59				115,000				5.16				35,000

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

		2015				2014
Options issued			165,000				100,000
Grant date		June 18, 2014				June 14, 2013
Dividend yield			4.05	%			5.21	%
Expected volatility			30.00	%			35.00	%
Risk free interest rate			0.95	%			0.49	%
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		$	7.90			$	6.14
Fair value per option		$	1.19			$	0.98

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

		Cost of				Other Marketing
		Products				& Administrative				Total
Options Granted in Fiscal Year		Sold				Expenses				Expense
2013		$	12			$	12			$	24
2014			24				24				48
2015			39				32				71

Total stock option compensation		$	75			$	68			$	143

		Cost of				Other Marketing
		Products				& Administrative				Total
Options Granted in Fiscal Year		Sold				Expenses				Expense
2012		$	13			$	11			$	24
2013			46				46				92
2014			18				18				36

Total stock option compensation		$	77			$	75			$	152

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by 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
	$	4.81				15,000				6.20			$	4.81				15,000			$	4.81
	$	5.42				60,000				7.21			$	5.42				60,000			$	5.42
	$	6.14				90,000				8.21			$	6.14				40,000			$	6.14
	$	7.90				165,000				9.22			$	7.90				-				-
						330,000				8.44			$	6.83				115,000			$	5.59

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

	Number				Fair Value
	of Shares				per Share			Grant Date
		28,000			$	7.97		August 11, 2014
		28,000				6.67		August 14, 2013
		42,000				5.62		August 15, 2012
		30,000				4.44		August 10, 2011

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

																				Shares
				Closing				Shares												Surrendered
				Price				Awarded								Aggregate				to Satisfy
				per Share				in								Value of				Income Tax
				Condition				Original				Shares				Shares				Withholding
Amendment Date		Grantee		of Grant				Grant				Vested				Vested				Obligations
November 24, 2014		E. Randall Chestnut		$	6.00				75,000				10,000			$	72,000				4,795
November 24, 2014		Nanci Freeman		$	5.00				20,000				20,000			$	145,000				10,516
November 5, 2013		E. Randall Chestnut		$	5.00				75,000				13,000			$	98,000				6,234

Schedule of Nonvested Share Activity [Table Text Block]

						Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense
2011		$	170			$	-			$	170
2013			-				26				26
2014			-				94				94
2015			354				75				429

Total stock grant compensation		$	524			$	195			$	719

						Non-employee				Total
Stock Granted in Fiscal Year		Employees				Directors				Expense
2011		$	182			$	-			$	182
2012			-				22				22
2013			-				92				92
2014			93				63				156

Total stock grant compensation		$	275			$	177			$	452