Stock-Based Compensation (Tables)

9 Months Ended

Dec. 30, 2018

Stock-Based Compensation

Schedule of Performance Stock Unit activity

	Nine Months	Weighted
	Ended	Average Fair
	December 30,	Value at Grant
	2018	Date (per unit)
Unvested shares available for issue under outstanding PSUs, beginning of period	67,000	$	12.65
PSU’s Granted	71,000		15.58
PSU’s Vested	(14,257)		12.66
PSU’s Forfeited/Cancelled	(25,437)		13.46
Unvested shares available for issue under outstanding PSUs, end of period	98,306	$	14.55

Schedule of Stock Options

	Nine Months	Weighted
	Ended	Average Fair
	December 30,	Value at Grant
	2018	Date (per unit)
Unvested options, beginning of period	392,500	$	2.21
Options Granted	66,500		3.38
Options Vested	(127,292)		2.20
Options Forfeited/Cancelled	(15,000)		4.57
Unvested options, end of period	316,708	$	2.35

				December 30, 2018
Grant Fiscal Year	Options Granted		Option Exercise Price	Options Outstanding	Options Exercisable
2019	66,500	$	16.31	61,500	-
2018	230,000	$	15.12	160,000	59,167
2017	410,000	$	12.57	330,000	181,458
2016	100,000	$	22.42	40,000	34,167
Total				591,500	274,792

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
2019	35.59	%	3.11	%	4.99	%	4.0	$	3.38
2018	32.63	%	1.96	%	5.34	%	4.0	$	2.57
2017	32.85	%	1.32	%	6.30	%	4.0	$	1.85
2016	26.40	%	1.67	%	3.50	%	4.0	$	3.43