Stock-Based Compensation (Tables)

6 Months Ended

Sep. 29, 2019

Stock-Based Compensation

Schedule of Performance Stock Unit activity

	Six Months	Weighted
	Ended	Average Fair
	September 29,	Value at Grant
	2019	Date (per unit)
Unvested shares available for issue under outstanding PSUs, beginning of period	98,306	$	14.55
PSUs Granted	51,616		15.93
PSUs Vested	(26,506)		14.07
PSUs Forfeited/Cancelled	(34,000)		15.81
Unvested shares available for issue under outstanding PSUs, end of period	89,416	$	15.01

Schedule of Stock Options

	Six Months	Weighted
	Ended	Average Fair
	September 29,	Value at Grant
	2019	Date (per unit)
Outstanding, beginning of period	591,500	$	2.30
Options Granted	135,000		3.91
Options Exercised	(48,125)		2.25
Outstanding, end of period	678,375		2.63
Vested and exercisable, end of period	339,145	$	2.22

				September 29, 2019
Grant Fiscal Year	Options Granted		Option Exercise Price	Options Outstanding	Options Exercisable
2020	135,000	$	18.03	135,000	-
2019	66,500	$	16.31	61,500	12,479
2018	230,000	$	15.12	131,250	62,708
2017	410,000	$	12.57	310,625	223,958
2016	100,000	$	22.42	40,000	40,000
Total				678,375	339,145

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
2020	36.21	%	2.70	%	4.44	%	4.0	$	3.91
2019	35.59	%	3.11	%	4.99	%	4.0	$	3.38
2018	32.63	%	1.96	%	5.34	%	4.0	$	2.57