XML 52 R15.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock Based Compensation (Tables)
6 Months Ended
Sep. 27, 2013
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 six months ended September 28, 2012 and September 27, 2013, 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, 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
    --     $ 0.00                  
Expired or forfeited
    (11 )   $ 2.26                  
Balance as of September 28, 2012
    2,438     $ 1.66       2,058     $ 1.83  
                                 
   
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, 2013
    2,392     $ 1.66       2,142     $ 1.76  
Granted
    24     $ 0.48                  
Exercised
    --     $ --                  
Expired or forfeited
    (114 )   $ 1.03                  
Balance as of June 28, 2013
    2,302     $ 1.68       2,099     $ 1.76  
Granted
    --     $ --                  
Exercised
    (4 )   $ 0.44                  
Expired or forfeited
    (19 )   $ 1.80                  
Balance as of September 27, 2013
    2,279     $ 1.68       2,117     $ 1.75  
Vested & expected to Vest, September 27, 2013
    2,235     $ 1.70                  
Options Outstanding and Options Exercisable
Information regarding stock options outstanding as of September 27, 2013 is as follows:
 
 
Options Outstanding
 Price Range
Shares  (in
000s)
Weighted
Average
Exercise Price
Weighted Average
Remaining Life
 $0.44 - $1.25
549
 
$     0.70
7.79
 $1.26 - $2.50
1,440
 
$     1.82
3.60
 $2.51 - $5.34
290
 
$     2.84
1.70
 
 
Options Exercisable
Price Range
Shares  (in
000s)
Weighted
Average
Exercise Price
Weighted Average
Remaining Life
$0.44 - $1.25
387
 
$     0.66
7.57
$1.26 - $2.50
1,440
 
$     1.82
3.60
$2.51 - $5.34
290
 
$     2.84
1.70
Restricted Share Transactions
The restricted share transactions are summarized below:
 
   
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  

   
Shares (000’s)
   
Weighted Average Grant Date
Fair Value Per Share
Unvested, March 31, 2013
    128     $ 0.87  
Granted
    40     $ 0.48  
Vested
    --     $ --  
Expired or forfeited
    (1 )   $ 0.76  
Unvested, June 28, 2013
    167     $ 0.78  
Granted
    50     $ 0.66  
Vested
    (26 )   $ 0.89  
Expired or forfeited
    (7 )   $ 0.95  
Unvested, September 27, 2013
    184     $ 0.72  
Stock Based Compensation Expense
The Company’s stock-based compensation expense is classified in the table below:

   
Three months ended
   
Six months ended
 
   
September 27,
2013
   
September 28,
2012
   
September 27,
2013
   
September 28,
2012
 
Cost of Products Sold
  $ 2,000     $ 4,000     $ 4,000     $ 7,000  
Research, development & engineering expense
    7,000       16,000       12,000       23,000  
General and Administrative expense
    24,000       24,000       39,000       41,000  
Sales and Marketing expense
    8,000       5,000       15,000       7,000  
Total Stock Based Compensation
  $ 41,000     $ 49,000     $ 70,000     $ 78,000