Stock Based Compensation (Tables)

9 Months Ended

Dec. 28, 2012

Summarized Information Regarding Options Outstanding and Options Exercisable

The following table summarizes information regarding options outstanding and options exercisable at each of the quarterly periods through the nine months ended December 30, 2011 and December 28, 2012, respectively, and the changes during the periods then ended:

	Number of Options Outstanding (000’s)			Weighted Average  Exercise Price per Share		Number of Shares Exercisable (000’s)		Weighted Average Exercise Price per Share
Balance as of March 31, 2011		2,161		$	1.65		1,933	$	1.74
Granted		368		$	1.52
Exercised		(16	)	$	0.57
Expired or forfeited		(37	)	$	1.69
Balance as of July 1, 2011		2,476		$	1.64		1,980	$	1.72
Granted		160		$	0.95
Exercised		(27	)	$	0.83
Expired or forfeited		--		$	--
Balance as of September 30, 2011		2,609		$	1.60		1,972	$	1.74
Granted		--		$	--
Exercised		--		$	--
Expired or forfeited		--		$	--
Balance as of December 30, 2011		2,609		$	1.60		2,347	$	1.70
Vested & expected to Vest, December 30, 2011		2,531		$	1.60
	Number of Options Outstanding (000’s)			Weighted Average Exercise Price per Share		Number of Shares Exercisable (000’s)		Weighted Average Exercise Price per Share
Balance as of March 31, 2012		2,267		$	1.75		1,994	$	1.88
Granted		125		$	0.63
Exercised		(5	)	$	0.44
Expired or forfeited		(5	)	$	0.44
Balance as of June 29, 2012		2,382		$	1.69		2,023	$	1.86
Granted		67		$	0.62
Exercised		--		$	--
Expired or forfeited		(11	)	$	2.26
Balance as of September 28, 2012		2,438		$	1.66		2,058	$	1.83
Granted		--		$	--
Exercised		--		$	--
Expired or forfeited		(31	)	$	1.19
Balance as of December 28, 2012		2,407		$	1.67		2,085	$	1.81
Vested & expected to Vest, December 28, 2012		2,353		$	1.69

Options Outstanding and Options Exercisable

Information regarding stock options outstanding as of December 28, 2012 is as follows:

	Options Outstanding
Price Range	Shares  (in 000s)	Weighted Average Exercise Price	Weighted Average Remaining Life
$0.44 - $1.25	628	$     0.74	7.38
$1.26 - $2.50	1,474	$     1.82	4.41
$2.51 - $5.34	305	$     2.84	2.51

	Options Exercisable
Price Range	Shares  (in 000s)	Weighted Average Exercise Price	Weighted Average Remaining Life
$0.44 - $1.25	306	$     0.72	5.72
$1.26 - $2.50	1,474	$     1.82	4.41
$2.51 - $5.34	305	$     2.84	2.51

Restricted Share Transactions

The restricted share transactions are summarized below:

	Shares (000’s)			Weighted Average Grant Date Fair Value Per Share
Unvested, March 31, 2011		70		$	0.44
Granted		55		$	1.51
Vested		(70	)	$	0.44
Expired or forfeited		--		$	--
Unvested, July 1, 2011		55		$	1.51
Granted		198		$	.98
Vested		--		$	--
Expired or forfeited		--		$	--
Unvested, September 30, 2011		253		$	1.10
Granted		--		$	--
Vested		(55	)	$	1.51
Expired or forfeited		--		$	--
Unvested, December 30, 2011		198		$	0.98

	Shares (000’s)			Weighted Average Grant Date Fair Value Per Share
Unvested, March 31, 2012		246		$	0.84
Granted		--		$	--
Vested		--		$	--
Expired or forfeited		--		$	--
Unvested, June 29, 2012		246		$	0.84
Granted		--		$	--
Vested		(76	)	$	0.82
Expired or forfeited		--		$	--
Unvested, September 28, 2012		170		$	0.84
Granted		--		$	--
Vested		--		$	--
Expired or forfeited		--		$	--
Unvested, December 28, 2012		170		$	0.84

Stock Based Compensation Expense

The Company’s stock-based compensation expense is classified in the table below:

	Three months ended				Nine months ended
	December 28, 2012		December 30, 2011		December 28, 2012		December 30, 2011
Cost of Products Sold	$	3,000	$	23,000	$	10,000	$	52,000
Research, development & engineering expense		12,000		69,000		35,000		155,000
General and Administrative expense		28,000		133,000		69,000		249,000
Sales and Marketing expense		3,000		10,000		10,000		24,000
Total Stock Based Compensation	$	46,000	$	235,000	$	124,000	$	480,000