Stock-Based Compensation (Tables)

9 Months Ended

Dec. 27, 2020

Stock-Based Compensation

Schedule of Performance Stock Unit activity

	Nine Months	Weighted
	Ended	Average Fair
	December 27,	Value at Grant
	2020	Date (per unit)
Unvested shares available for issue under outstanding PSUs, beginning of period	68,355	$	15.00
PSUs Vested	(21,690)		14.21
PSUs Forfeited/Cancelled	(33,116)		15.69
Unvested shares available for issue under outstanding PSUs, end of period	13,549	$	14.57

Schedule of Stock Options

	Nine Months	Weighted
	Ended	Average Fair
	December 27,	Value at Grant
	2020	Date (per unit)
Unvested options, beginning of period	465,374	$	2.38
Options Granted	225,000		2.00
Options Forfeited/Cancelled	(95,125)		3.52
Options Vested	(165,188)		3.28
Unvested options, end of period	430,061		1.58

				December 27, 2020
Grant Fiscal Year	Options Granted		Option Exercise Price	Options Outstanding	Options Exercisable
2021	225,000	$	4.52	182,500	-
2020	405,000	$	13.54	341,000	117,084
2019	66,500	$	16.31	35,000	21,561
2018	230,000	$	15.12	80,000	69,791
2017	410,000	$	12.57	263,958	263,961
2016	100,000	$	22.42	40,000	40,000
Total				942,458	512,397

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
2021	46.68	%	1.16	%	0.00	%	4.0	$	2.00
2020	35.88	%	2.00	%	5.82	%	4.0	$	2.53
2019	35.59	%	3.11	%	4.99	%	4.0	$	3.38