Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Stock-based Compensation (Tables)

v2.4.0.8
Note 5 - Stock-based Compensation (Tables)
9 Months Ended
Dec. 29, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
   

Nine-Month Period Ended December 29, 2013

   

Nine-Month Period Ended December 30, 2012

 
   

Weighted-Average

   

Number of Options

   

Weighted-Average

   

Number of Options

 
   

Exercise Price

   

Outstanding

   

Exercise Price

   

Outstanding

 

Outstanding at Beginning of Period

  $ 5.23       145,000     $ 3.57       573,000  

Granted

    6.14       100,000       5.42       110,000  

Exercised

    5.12       (40,000 )     3.46       (521,750 )

Expired

    -       -       0.71       (1,250 )

Outstanding at End of Period

    5.70       205,000       5.23       160,000  

Exercisable at End of Period

    5.14       55,000       -       -  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   

Nine-Month Periods Ended

 
   

December 29, 2013

   

December 30, 2012

 

Options issued

    100,000       110,000  

Grant Date

 

June 14, 2013

   

June 13, 2012

 

Dividend yield

    5.21 %     5.90 %

Expected volatility

    35.00 %     65.00 %

Risk free interest rate

    0.49 %     0.55 %

Contractual term (years)

    10.00       10.00  

Expected term (years)

    3.00       4.00  

Forfeiture rate

    5.00 %     5.00 %

Exercise price (grant-date closing price)

  $ 6.14     $ 5.42  

Fair value

  $ 0.98     $ 1.84  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
   

Three-Month Period

   

Nine-Month Period

 
   

Cost of

   

Marketing &

           

Cost of

   

Marketing &

         
   

Products

   

Administrative

   

Total

   

Products

   

Administrative

   

Total

 

Options Granted in Fiscal Year

 

Sold

   

Expenses

   

Expense

   

Sold

   

Expenses

   

Expense

 

2012

    -       -       -       14       11       25  

2013

    11       11       22       35       35       70  

2014

    6       6       12       13       13       26  
                                                 

Total stock option compensation

  $ 17     $ 17     $ 34     $ 62     $ 59     $ 121  
   

Three-Month Period

   

Nine-Month Period

 
   

Cost of

   

Marketing &

           

Cost of

   

Marketing &

         
   

Products

   

Administrative

   

Total

   

Products

   

Administrative

   

Total

 

Options Granted in Fiscal Year

 

Sold

   

Expenses

   

Expense

   

Sold

   

Expenses

   

Expense

 

2011

  $ -     $ -     $ -     $ 14     $ 13     $ 27  

2012

    12       12       24       41       41       82  

2013

    11       13       24       24       28       52  
                                                 

Total stock option compensation

  $ 23     $ 25     $ 48     $ 79     $ 82     $ 161  
Schedule of Share-based Compensation, Nonemployee Director Stock Award Plan, Activity [Table Text Block]

Number

 

Weighted-Average

 

Three-Month

Of Shares

 

Fair Value per Share

 

Period Ended

28,000

 

$6.67  

 

    September 29, 2013

42,000

 

5.62

 

    September 30, 2012

30,000

 

4.44

 

    October 2, 2011

30,000

 

4.36

 

    September 26, 2010

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

Three-Month Period

   

Nine-Month Period

 
           

Non-employee

   

Total

           

Non-employee

   

Total

 

Stock Granted in Fiscal Year

 

Employees

   

Directors

   

Expense

   

Employees

   

Directors

   

Expense

 

2011

  $ 55     $ -     $ 55     $ 141     $ -     $ 141  

2012

    -       -       -       -       22       22  

2013

    -       19       19       -       71       71  

2014

    -       23       23       93       39       132  
                                                 

Total stock grant compensation

  $ 55     $ 42     $ 97     $ 234     $ 132     $ 366  
   

Three-Month Period

   

Nine-Month Period

 
           

Non-employee

   

Total

           

Non-employee

   

Total

 

Stock Granted in Fiscal Year

 

Employees

   

Directors

   

Expense

   

Employees

   

Directors

   

Expense

 

2011

  $ 148     $ -     $ 148     $ 252     $ 18     $ 270  

2012

    -       17       17       -       50       50  

2013

    -       29       29       -       49       49  
                                                 

Total stock grant compensation

  $ 148     $ 46     $ 194     $ 252     $ 117     $ 369