Stock-Based Compensation (Tables)

6 Months Ended

Sep. 24, 2017

Stock-Based Compensation

Schedule of Performance Stock Unit activity

	Six Months	Weighted
	Ended	Average Fair
	September 24,	Value at Grant
	2017	Date (per unit)
Unvested shares available for issue under outstanding PSUs, beginning of period	170,100	$	11.17
PSU’s Granted	86,000		12.67
PSU’s Vested	(7,600)		19.58
PSU’s Forfeited/Cancelled	(168,500)		10.85
Unvested shares available for issue under outstanding PSUs, end of period	80,000	$	12.67

Schedule of Stock Options

	Six Months	Weighted
	Ended	Average Fair
	September 24,	Value at Grant
	2017	Date (per unit)
Unvested options, beginning of period	395,000	$	1.96
Options Granted	210,000		2.38
Options Vested	(70,000)		2.03
Options Forfeited/Cancelled	—		—
Unvested options, end of period	535,000	$	2.11

				September 24, 2017
Grant Fiscal Year	Options Granted		Option Exercise Price	Options Outstanding	Options Exercisable
2018	210,000	$	14.62	210,000	-
2017	410,000	$	12.57	360,000	62,500
2016	100,000	$	22.42	60,000	32,500
Total				630,000	95,000

Schedule of assumptions of Black-Scholes-Merton option pricing model

Grant Fiscal Year	Expected Stock Price Volatility		Risk-Free Interest rate		Expected Dividend Yield		Average Expected Term	Resulting Black Scholes Value
2018	32.34	%	1.92	%	5.47	%	4.0	$	2.38
2017	32.85	%	1.32	%	6.30	%	4.0	$	1.85
2016	26.40	%	1.67	%	3.50	%	4.0	$	3.43