Note 6 - Stock-based Compensation (Tables)
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3 Months Ended |
Jul. 01, 2018 |
Notes Tables |
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Share-based Compensation, Stock Options, Activity [Table Text Block] |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Outstanding at Beginning of Period | | $ | 7.93 | | | | 395,000 | | | $ | 8.35 | | | | 322,500 | | Granted | | | 5.90 | | | | 110,000 | | | | 7.75 | | | | 110,000 | | Forfeited | | | - | | | | - | | | | 9.19 | | | | (15,000 | ) | Outstanding at End of Period | | | 7.48 | | | | 505,000 | | | | 8.17 | | | | 417,500 | | Exercisable at End of Period | | | 8.15 | | | | 315,000 | | | | 8.03 | | | | 252,500 | |
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Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
| | Three-Month Periods Ended | | | | | | | | | Number of options issued | | | 110,000 | | | | 110,000 | | Grant date | |
June 13, 2018 | | |
June 8, 2017 | | Dividend yield | | | 5.42 | % | | | 4.13 | % | Expected volatility | | | 25.00 | % | | | 25.00 | % | Risk free interest rate | | | 2.78 | % | | | 1.47 | % | Contractual term (years) | | | 10.00 | | | | 10.00 | | Expected term (years) | | | 4.00 | | | | 3.00 | | Forfeiture rate | | | 5.00 | % | | | 5.00 | % | Exercise price (grant-date closing price) per option | | $ | 5.90 | | | $ | 7.75 | | Fair value per option | | $ | 0.49 | | | $ | 0.85 | |
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Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block] |
| | Three-Month Period Ended July 1, 2018 | | | Three-Month Period Ended July 2, 2017 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Options Granted in Fiscal Year | | | | | | | | | | | | | | | | | | | 2016 | | $ | - | | | $ | - | | | $ | - | | | $ | 6 | | | $ | 1 | | | $ | 7 | | 2017 | | | 6 | | | | 5 | | | | 11 | | | | 10 | | | | 2 | | | | 12 | | 2018 | | | 7 | | | | 8 | | | | 15 | | | | 2 | | | | 1 | | | | 3 | | 2019 | | | - | | | | 1 | | | | 1 | | | | - | | | | - | | | | - | | | | | | | | | | | | | | | | | | | | | | | | | | | Total stock option compensation | | $ | 13 | | | $ | 14 | | | $ | 27 | | | $ | 18 | | | $ | 4 | | | $ | 22 | |
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Schedule of Share-based Compensation, Nonemployee Director Stock Award Plan, Activity [Table Text Block] |
| | | | | | 28,000 | | | | $5.50 | |
August 9, 2017 | 28,000 | | | | 10.08 | |
August 10, 2016 | 28,000 | | | | 8.20 | |
August 12, 2015 |
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Schedule of Nonvested Share Activity [Table Text Block] |
| | Three-Month Period Ended July 1, 2018 | | | Three-Month Period Ended July 2, 2017 | | | | | | | | | | | | | | | | | | | | | | | Stock Granted in Fiscal Year | | | | | | | | | | | | | | | | | | | 2016 | | $ | - | | | $ | - | | | $ | - | | | $ | - | | | $ | 29 | | | $ | 29 | | 2017 | | | - | | | | 35 | | | | 35 | | | | 27 | | | | 35 | | | | 62 | | 2018 | | | 29 | | | | 19 | | | | 48 | | | | 29 | | | | - | | | | 29 | | | | | | | | | | | | | | | | | | | | | | | | | | | Total stock grant compensation | | $ | 29 | | | $ | 54 | | | $ | 83 | | | $ | 56 | | | $ | 64 | | | $ | 120 | |
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Performance Shares [Member] |
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Notes Tables |
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Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block] |
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Compensation expense recognized during fiscal year | | | |
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| | 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 three-month periods ended | | | | | | | | | | | | | | |
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| | 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 | |
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