Crown Crafts (CRWS) 10-Q 9 Nov 17 2018 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Oct. 01, 2017	Oct. 25, 2017
Document Information [Line Items]
Entity Registrant Name	CROWN CRAFTS INC
Entity Central Index Key	25,895
Trading Symbol	crws
Current Fiscal Year End Date	--04-01
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		10,085,764
Document Type	10-Q
Document Period End Date	Oct. 1, 2017
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Oct. 01, 2017	Apr. 02, 2017
Current assets:
Cash and cash equivalents	$ 3,242,000	$ 7,892,000
Accounts receivable (net of allowances of $648 at October 1, 2017 and $775 at April 2, 2017):
Due from factor	10,798,000	14,921,000
Other	2,019,000	693,000
Inventories	16,771,000	15,821,000
Prepaid expenses	1,056,000	1,783,000
Total current assets	33,886,000	41,110,000
Property, plant and equipment - at cost:
Vehicles	268,000	247,000
Leasehold improvements	248,000	248,000
Machinery and equipment	3,541,000	2,396,000
Furniture and fixtures	789,000	789,000
Property, plant and equipment - gross	4,846,000	3,680,000
Less accumulated depreciation	3,335,000	3,239,000
Property, plant and equipment - net	1,511,000	441,000
Finite-lived intangible assets - at cost:
Customer relationships	5,534,000	5,534,000
Other finite-lived intangible assets	6,546,000	3,686,000
Finite-lived intangible assets gross	12,080,000	9,220,000
Less accumulated amortization	6,521,000	6,092,000
Finite-lived intangible assets - net	5,559,000	3,128,000
Goodwill	6,505,000	1,126,000
Deferred income taxes	1,138,000	1,240,000
Other	139,000	139,000
Total Assets	48,738,000	47,184,000
Current liabilities:
Accounts payable	5,395,000	5,149,000
Accrued wages and benefits	709,000	799,000
Accrued royalties	1,553,000	353,000
Dividends payable	807,000	803,000
Income taxes payable	42,000	224,000
Other accrued liabilities	589,000	245,000
Total current liabilities	9,095,000	7,573,000
Non-current liabilities:
Reserve for unrecognized tax benefits	752,000	688,000
Shareholders' equity:
Common stock - $0.01 par value per share; Authorized 40,000,000 shares at October 1, 2017 and April 2, 2017; Issued 12,493,789 shares at October 1, 2017 and 12,423,539 shares at April 2, 2017	125,000	124,000
Additional paid-in capital	52,612,000	52,220,000
Treasury stock - at cost - 2,408,025 shares at October 1, 2017 and 2,401,066 shares at April 2, 2017	(12,231,000)	(12,175,000)
Accumulated Deficit	(1,615,000)	(1,246,000)
Total shareholders' equity	38,891,000	38,923,000
Total Liabilities and Shareholders' Equity	$ 48,738,000	$ 47,184,000

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Oct. 01, 2017	Apr. 02, 2017
Allowance for doubtful accounts receivable	$ 648	$ 775
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares issued (in shares)	12,493,789	12,423,539
Treasury stock, shares (in shares)	2,408,025	2,401,066

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 01, 2017	Oct. 02, 2016	Oct. 01, 2017	Oct. 02, 2016
Net sales	$ 16,461	$ 15,809	$ 30,108	$ 31,408
Cost of products sold	11,439	11,500	21,484	22,812
Gross profit	5,022	4,309	8,624	8,596
Marketing and administrative expenses	3,807	2,761	6,708	5,600
Income from operations	1,215	1,548	1,916	2,996
Other income (expense):
Interest expense	(18)	(23)	(38)	(42)
Interest income	28	34	69	63
Foreign exchange (loss) gain	(1)	(2)	(3)	29
Other - net	1	1	2	2
Income before income tax expense	1,225	1,558	1,946	3,048
Income tax expense	500	559	703	946
Net income	$ 725	$ 999	$ 1,243	$ 2,102
Weighted average shares outstanding:
Basic (in shares)	10,074	10,011	10,059	9,995
Effect of dilutive securities (in shares)	4	45	8	41
Diluted (in shares)	10,078	10,056	10,067	10,036
Earnings per share:
Basic (in dollars per share)	$ 0.07	$ 0.10	$ 0.12	$ 0.21
Diluted (in dollars per share)	0.07	0.10	0.12	0.21
Cash dividends declared per share (in dollars per share)	$ 0.08	$ 0.08	$ 0.16	$ 0.16

Unaudited Condensed Consolidat5

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Oct. 01, 2017	Oct. 02, 2016
Operating activities:
Net income	$ 1,243	$ 2,102
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property, plant and equipment	96	94
Amortization of intangibles	429	377
Deferred income taxes	102	679
Reserve for unrecognized tax benefits	64	90
Stock-based compensation	277	307
Changes in assets and liabilities:
Accounts receivable	2,797	4,897
Inventories	17	(747)
Prepaid expenses	732	644
Other assets		6
Accounts payable	(73)	(4)
Accrued liabilities	997	(1,536)
Net cash provided by operating activities	6,681	6,909
Investing activities:
Capital expenditures for property, plant and equipment	(98)	(101)
Payment for acquisition, net of liabilities assumed	(8,725)
Net cash used in investing activities	(8,823)	(101)
Financing activities:
Purchase of treasury stock	(56)	(656)
Issuance of common stock		595
Payments on capital leases	(845)
Dividends paid	(1,607)	(4,102)
Net cash used in financing activities	(2,508)	(4,163)
Net (decrease) increase in cash and cash equivalents	(4,650)	2,645
Cash and cash equivalents at beginning of period	7,892	7,574
Cash and cash equivalents at end of period	3,242	10,219
Supplemental cash flow information:
Income taxes paid	1,055	1,346
Interest paid	2	2
Noncash financing activities:
Property, plant and equipment purchased but unpaid		(51)
Dividends declared but unpaid	(807)	(802)
Compensation paid as common stock	$ 116	$ 108

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	6 Months Ended
	Oct. 01, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	Note 1 – Summary of Significant Accounting Policies Basis of Presentation : not In the opinion of management, the interim unaudited consolidated financial statements contained herein include all adjustments necessary to present fairly the financial position of the Company as of October 1, 2017 three six October 1, 2017 not may April 1, 2018. 10 April 2, 2017. Fiscal Year: The Company’s fiscal year ends on the Sunday that is nearest to or on March 31. 2018” “2018” 52 April 1, 2018 2017” “2017” 52 April 2, 2017. Use of Estimates : Cash and Cash Equivalents: three The Company’s credit facility consists of a revolving line of credit under a financing agreement with The CIT Group/Commercial Services, Inc. (“CIT”), a subsidiary of CIT Group, Inc. The Company classifies a negative balance outstanding under this revolving line of credit as cash, as these amounts are legally owed to the Company and are immediately available to be drawn upon by the Company. There are no Financial Instruments : Advertising Cost s : $331,000 $243,000 three October 1, 2017 October 2, 2016, $550,000 $498,000 six October 1, 2017 October 2, 2016, Segment and Related Information: The Company operates primarily in one three six October 1, 2017 October 2, 2016 Three-Month Periods Ended Six-Month Periods Ended October 1, 2017 October 2, 2016 October 1, 2017 October 2, 2016 Bedding, blankets and accessories $ 10,432 $ 10,090 $ 18,856 $ 20,402 Bibs, bath and disposable products 6,029 5,719 11,252 11,006 Total net sales $ 16,461 $ 15,809 $ 30,108 $ 31,408 Revenue Recognition: Sales made directly to consumers are recorded when shipped products have been received by customers. Sales made to retailers are recorded when products are shipped to customers and are reported net of allowances for estimated returns and allowances in the accompanying unaudited condensed consolidated statements of income. Allowances for returns are estimated based on historical rates. Allowances for returns, cooperative advertising allowances, warehouse allowances, placement fees, volume rebates, coupons and discounts are recorded commensurate with sales activity or using the straight-line method, as appropriate, and the cost of such allowances is netted against sales in reporting the results of operations. Shipping and handling costs, net of amounts reimbursed by customers, are not Allowances Against Accounts Receivable no To reduce the exposure to credit losses and to enhance the predictability of its cash flows, t he Company assigns the majority of its trade accounts receivable under factoring agreements with CIT. In the event a factored receivable becomes uncollectible due to creditworthiness, CIT bears the risk of loss. The Company’s management must make estimates of the uncollectibility of its non-factored accounts receivable to evaluate the adequacy of the Company’s allowance for doubtful accounts, which is accomplished by specifically analyzing accounts receivable, historical bad debts, customer concentrations, customer creditworthiness, current economic trends and changes in its customers’ payment terms. The Company’s bad debt expense is included in marketing and administrative expenses in the accompanying unaudited condensed consolidated statements of income. The Company did not 2017 $25,000 three six October 1, 2017. The Company ’s accounts receivable as of October 1, 2017 $12.8 $648,000. $10.8 $3.0 $13.8 Other Accrued Liabilities : $589,000 October 1, 2017. $325,000 October 1, 2017 $14,000 $26,000. two Royalty Payments: The Company has entered into agreements that provide for royalty payments based on a percentage of sales with certain minimum guaranteed amounts. These royalties are accrued based upon historical sales rates adjusted for current sales trends by customers. Royalty expense is included in cost of products sold in the accompanying unaudited condensed consolidated statements of income and amounted to $1.9 $1.6 three October 1, 2017 October 2, 2016, $3.2 $3.3 six October 1, 2017 October 2, 2016, Depreciation and Amortization: The accompanying condensed consolidated balance sheets reflect property, plant and equipment, and certain intangible assets at cost less accumulated depreciation or amortization. The Company capitalizes additions and improvements and expenses maintenance and repairs as incurred. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets, which are three eight five twenty Valuation of Long-Lived Assets and Identifiable Intangible Assets: may not Inventory Valuation: The preparation of the Company's financial statements requires careful determination of the appropriate value of the Company's inventory balances. Such amounts are presented as a current asset in the accompanying condensed consolidated balance sheets and are a direct determinant of cost of products sold in the accompanying consolidated statements of income and, therefore, have a significant impact on the amount of net income in the accounting periods reported. The basis of accounting for inventories is cost, which for products that have been contracted to be manufactured includes the direct supplier acquisition cost, duties, taxes and freight, and the indirect costs incurred to design, develop, source and store the products until they are sold. A portion of the Company’s products are manufactured by a wholly-owned subsidiary of the Company. Because most of these products are made to order and are shipped immediately after production has been completed, the Company’s aggregate inventory cost for this subsidiary is primarily related to raw materials. Once cost has been determined, the Company’s inventory is then stated at the lower of cost or net realizable value, with cost determined under the assumption that inventory quantities are sold in the order in which they are acquired (the first first The indirect costs allocated to inventory are done so as a percentage of projected annual supplier purchases and can impact the Company’s results of operations as purchase volumes fluctuate from quarter to quarter and year to year. The difference between indirect costs incurred and the indirect costs allocated to inventory creates a burden variance, which is generally favorable when actual inventory purchases exceed planned inventory purchases, and is generally unfavorable when actual inventory purchases are lower than planned inventory purchases. The determination of the indirect charges and their allocation to the Company's finished products inventories is complex and requires significant management judgment and estimates. If management made different judgments or utilized different estimates, then differences would result in the valuation of the Company's inventories, the amount and timing of the Company's cost of products sold and the resulting net income for any accounting period. On a periodic basis, management reviews the Company’s inventory quantities on hand for obsolescence, physical deterioration, changes in price levels and the existence of quantities on hand which may not no may not may Provision for Income Taxes: The Company’s provision for income taxes includes all currently payable federal, state, local and foreign taxes and is based upon the Company’s estimated annual effective tax rate, which is based on the Company’s forecasted annual pre-tax income, as adjusted for certain expenses within the consolidated statements of income that will never be deductible on the Company’s tax returns and certain charges expected to be deducted on the Company’s tax returns that will never be deducted on the consolidated statements of income, multiplied by the statutory tax rates for the various jurisdictions in which the Company operates and reduced by certain anticipated tax credits. The Company provides for deferred income taxes based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates that will be in effect when the differences are expected to reverse. The Company’s policy is to recognize the effect that a change in enacted tax rates would have on net deferred income tax assets and liabilities in the period that the tax rates are changed. Management evaluates items of income, deductions and credits reported on the Company ’s various federal and state income tax returns filed and recognizes the effect of positions taken on those income tax returns only if those positions are more likely than not 740 10 25, 50% not The Company files income tax returns in the many jurisdictions within which it operates, including the U.S., several U.S. states and the People’s Republic of China. The statute of limitations for the Company’s filed income tax returns varies by jurisdiction; tax years open to federal or state examination or other adjustment as of October 1, 2017 April 2, 2017, April 3, 2016, March 29, 2015, March 30, 2014, March 31, 2013, April 1, 2012 April 3, 2011. E arnings Per Share: Recently-Issued Accounting Standards : 2014, No. 2014 09, Revenue from Contracts with Customers (Topic 606 December 15, 2016, August 12, 2015 No. 2015 14, Revenue from Contrac ts with Customers (Topic 606 Deferral of the Effective Date one No. 2014 09. not No. 2014 09, No. 2015 14 first December 15, 2016. 2018. not No. 2014 09 I n July 2015, No. 2015 11, Inventory (Topic 330 : Simplifying the Measurement of Inventory first December 15, 2016, No. 2015 11 April 3, 2017, not On February 25, 2016, No. 2016 02, Leases (Topic 842 No. 2016 02, first December 15, 2018. not On June 16, 2016, No. 2016 13, Financial Instruments – Credit Losses (Topic 326 not No. 2016 13 first December 15, 2019. may first December 15, 2018. Although the Company has not whether to adopt ASU No. 2016 13 not No. 2016 13 On J anuary 26, 2017, No. 2017 04, Goodwill and Other (Topic 350 first assessing qualitative factors to determine whether it was more likely than not in a two first one second second The intent of ASU No. 2017 04 s to simplify this process by eliminating the second not The ASU is to be applied on a prospective basis and was to have become effective for the first December 15, 2019, first January 1, 2017. April 3, 2017, not The Company has determined that all other ASUs which had become effective as of October 1, 2017, not

Note 2 - Acquisition

Note 2 - Acquisition	6 Months Ended
	Oct. 01, 2017
Notes to Financial Statements
Business Combination Disclosure [Text Block]	Note 2 On August 4, 2017, el Acquisition, LLC, a wholly-owned subsidiary of the Company, acquired substantially all of the assets of Carousel Designs, LLC (“OLDCO”), a privately held manufacturer and online retailer of premium infant and toddler bedding and nursery décor based in Douglasville, Georgia. On August 11, 2017, The Company anticipates that certain synergies , including administrative and capital efficiencies, may $8.7 $264,000 six October 1, 2017, The Carousel Acquisition has been accounted for as a business combination in accordance with FA SB ASC Topic 805, Business Combinations. third not not The following table represents the Company’s preliminary allocation of the acquisition cost (in thousands) to the identifiable assets acquired and the liabilities assumed based on their respective estimated fair values as of the acquisition date. The excess of the acquisition cost over the estimated fair value of the identifiable net assets acquired is reflected as goodwill. Tangible assets: Inventory $ 967 Prepaid expenses 5 Fixed assets 1,068 Total tangible assets 2,040 Amortizable intangible assets: Tradename 1,400 Developed technology 1,100 Non-compete covenants 360 Total amortizable intangible assets 2,860 Goodwill 5,379 Total acquired assets 10,279 Liabilities assumed: Accounts payable 319 Accrued wages and benefits 59 Unearned revenue 271 Other accrued liabilities 60 Capital leases 845 Total liabilities assumed 1,554 Net acquisition cost $ 8,725 The Company expects to complete the acquisition cost allocation during the 12 may In connection with the Carousel Acquisition, Carousel paid off capital leases amounting to $845,000 Based upon the preliminary allocation of the acquisition cost, the Company has recognized $5.4 The Carousel Acquisition resulted in net sales of $1.2 October 1, 2017. $52,000, 15 10 5 12

Note 3 - Goodwill, Customer Rel

Note 3 - Goodwill, Customer Relationships and Other Intangible Assets	6 Months Ended
	Oct. 01, 2017
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 3 – Goodwill , Customer Relationships and Other Intangible Assets Goodwill: Goodwill represents the excess of the purchase price over the fair value of net identifiable assets acquired in business combinations. For the purpose of presenting and measuring for the impairment of goodwill, the Company has two one that produces and markets infant and toddler bedding, blankets and accessories and another that produces and markets bibs, bath and disposable products . The goodwill of the reporting units of the Company as of April 2, 2017 $24.0 $5.4 October 1, 2017, $29.4 $22.9 $6.5 As disclosed in Note 1, April 3, 2017, No. 2017 04, The Company measures for impairment the goodwill within its reporting units annually as of the first not (defined as having a likelihood of greater than 50% fallen below its carrying value. The annual or interim measurement for impairment is performed by first assessing qualitative factors to determine whether it is more likely than not by calculating an estimate of the fair value of each reporting unit and comparing the estimated fair value to the carrying value of the reporting unit. If the carrying value exceeds the estimated fair value of the reporting unit, then an impairment charge is calculated as the difference between the carrying value of the reporting unit and its estimated fair value, not On April 3, 2017, he Company performed the annual measurement for impairment of the goodwill of its reporting units and concluded that the estimated fair value of each of the Company’s reporting units substantially exceeded their carrying values, and thus the goodwill of the Company’s reporting units was not Other Intangible Assets: Other intangible assets as of October 1, 2017 April 2, 2017 consisted primarily of the fair value of identifiable assets acquired in business combinations other than tangible assets and goodwill. The gross amount and accumulated amortization of the Company’s other intangible assets as of October 1, 2017 April 2, 2017 , the amortization expense for the three six October 1, 2017 October 2, 2016 Amortization Expense Gross Amount Accumulated Amortization Three-Month Periods Ended Six-Month Periods Ended October 1, April 2, October 1, April 2, October 1, October 2, October 1, October 2, 2017 2017 2017 2017 2017 2016 2017 2016 Tradename and trademarks $ 3,387 $ 1,987 $ 1,154 $ 1,066 $ 54 $ 33 $ 88 $ 67 Developed technology 1,100 - 18 - 18 - 18 - Non-compete covenants 458 98 82 67 13 1 15 3 Patents 1,601 1,601 619 565 27 27 54 54 Customer relationships 5,534 5,534 4,648 4,394 128 127 254 253 Total other intangible assets $ 12,080 $ 9,220 $ 6,521 $ 6,092 $ 240 $ 188 $ 429 $ 377 Classification within the accompanying unaudited condensed consolidated statements of income: Cost of products sold $ 1 $ 1 $ 3 $ 3 Marketing and administrative expenses 239 187 426 374 Total amortization expense $ 240 $ 188 $ 429 $ 377

Note 4 - Inventories

Note 4 - Inventories	6 Months Ended
	Oct. 01, 2017
Notes to Financial Statements
Inventory Disclosure [Text Block]	Note 4 – Inventories Major classes of inventory were as follows (in thousands): October 1, 2017 April 2, 2017 Raw Materials $ 1,138 $ 42 Finished Goods 15,633 15,779 Total inventory $ 16,771 $ 15,821

Note 5 - Financing Arrangements

Note 5 - Financing Arrangements	6 Months Ended
	Oct. 01, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 5 – Financing Arrangements Master Stand-by Claims Purchase Agreement s : May 16, 2017, September 20, 2018 1.65% $1.8 September 18, 2017, 11 11 $866,000 October 1, 2017, $866,000 three six October 1, 2017, $416,000 $480,000, On September 19, 2017, 11 7 March 31, 2018 1.50% $1.8 October 1, 2017, $249,000 three October 1, 2017, $11,000 Factoring Agreement s: CIT bears credit losses with respect to assigned accounts receivable from approved customers that are within approved credit limits, while the Company bears the responsibility for adjustments from customers related to returns, allowances, claims and discounts. CIT may or limitation occurs, the Company either assumes (and may $50,000 $112,000 three October 1, 2017 October 2, 2016, $115,000 $206,000 six October 1, 2017 October 2, 2016, Credit Facility: The Company’s credit facility at October 1, 2017 $26.0 $1.5 0.50% 2.00%. July 11, 2019 first October 1, 2017, 2.00%, 2.25% October 1, 2017, At October 1, 2017 April 2, 2016, no no October 1, 2017 April 2, 2017, $18.5 $21.4 The financing agreement for the revolving line of credit contains usual and customary covenants for agreements of that type, including limitations on other indebtedness, liens, transfers of assets, investments and acquisitions, merge r or consolidation transactions, transactions with affiliates and changes in or amendments to the organizational documents for the Company and its subsidiaries. The Company was in compliance with these covenants as of October 1, 2017.

Note 6 - Stock-based Compensati

Note 6 - Stock-based Compensation	6 Months Ended
	Oct. 01, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	N ote 6 – S tock-based Compensation T he Company has two 2006 “2006 2014 “2014 2014 2014 may no 2006 The Company believes that awards of long-term, equity-based incentive compensation will attract and retain directors, officers and employees of the Company and will encourage these individuals to contribute to the successful performance of the Company, which will lead to the achievement of the Company’s overall goal of increasing stockholder value. Awards granted under the 2014 may may may 2014 2014 2014 667,000 2014 October 1, 2017. Stock-based compensation expense is calculated according to FASB ASC Topic 718, Compensation – Stock Compensation $135,000 $146,000 three October 1, 2017 October 2, 2016, $277,000 $307,000 six October 1, 2017 October 2, 2016, No October 1, 2017. Stock Options: The following table represents stock option activity for the six October 1, 2017 October 2, 2016: Six-Month Period Ended Six-Month Period Ended October 1, 2017 October 2, 2016 Weighted- Weighted- Average Number of Average Number of Exercise Options Exercise Options Price Outstanding Price Outstanding Outstanding at Beginning of Period $ 8.35 322,500 $ 7.64 305,000 Granted 7.41 130,000 9.60 120,000 Exercised - - 7.68 (77,500 ) Forfeited 9.01 (52,500 ) - - Outstanding at End of Period 8.01 400,000 8.30 347,500 Exercisable at End of Period 7.99 230,000 7.38 172,500 As of October 1, 2017, $56,000 $37,000, no six October 1, 2017. three six October 2, 2016 $124,000 $169,000, not three six October 2, 2016. may $41,000 $61,000 three six October 2, 2016, To determine the estimated fair value of stock options granted, the Company uses the Black-Scholes-Merton valuation formula, which is a closed-form model that uses an equation to estimate fair value. The following table sets forth the assumptions used to determine the fair value of the non-qualified stock options that were awarded to certain employees during fiscal years 2018 2017, two Stock Options Issued to Employees During Fiscal Years 2018 2017 Number of options issued 20,000 110,000 120,000 Grant date August 4, 2017 June 8, 2017 June 8, 2016 Dividend yield 5.77 % 4.13 % 3.33 % Expected volatility 25.00 % 25.00 % 20.00 % Risk free interest rate 1.51 % 1.47 % 0.93 % Contractual term (years) 10.00 10.00 10.00 Expected term (years) 3.00 3.00 3.00 Forfeiture rate 5.00 % 5.00 % 5.00 % Exercise price (grant-date closing price) per option $ 5.55 $ 7.75 $ 9.60 Fair value per option $ 0.50 $ 0.85 $ 0.94 For the three six October 1, 2017 October 2, 2016, Three-Month Period Ended October 1, 2017 Three-Month Period Ended October 2, 2016 Cost of Marketing & Cost of Marketing & Products Administrative Total Products Administrative Total Options Granted in Fiscal Year Sold Expenses Expense Sold Expenses Expense 2016 $ - $ - $ - $ 5 $ 4 $ 9 2017 6 5 11 8 6 14 2018 4 6 10 - - - Total stock option compensation $ 10 $ 11 $ 21 $ 13 $ 10 $ 23 Six-Month Period Ended October 1, 2017 Six-Month Period Ended October 2, 2016 Cost of Marketing & Cost of Marketing & Products Administrative Total Products Administrative Total Options Granted in Fiscal Year Sold Expenses Expense Sold Expenses Expense 2015 $ - $ - $ - $ 14 $ 12 $ 26 2016 6 1 7 12 10 22 2017 16 7 23 10 7 17 2018 6 7 13 - - - Total stock option compensation $ 28 $ 15 $ 43 $ 36 $ 29 $ 65 As of October 1, 2017, $115,000, 11.5 Non-vested Stock Granted to Non-Employee Directors: Number of Shares Fair Value per Share Grant Date 28,000 $ 5.50 August 9, 2017 28,000 10.08 August 10, 2016 28,000 8.20 August 12, 2015 28,000 7.97 August 11, 2014 These shares vest over a two August 2017 2016, 28,000 $157,000 $281,000, Performance Bonus Plan: The Company maintains a performance bonus plan for certain executive officers that provides for awards of shares of common stock in the event that the aggregate average market value of the common stock during the relevant fiscal year, plus the amount of cash dividends paid in respect of the common stock during such period, increases. These individuals may provides that shares of common stock that may two three two In connection with the performance bonus plan, the Company granted shares of common stock and recognized or will recognize compensation expense as set forth below: Fair Fiscal Fiscal Value Year Shares Year Per Compensation expense recognized during fiscal year Earned Granted Granted Share 2015 2016 2017 2018 2019 2015 58,532 2016 $ 7.180 $ 140,000 $ 140,000 $ 140,000 $ - $ - 2016 41,205 2017 7.865 - 108,000 108,000 108,000 - 2017 42,250 2018 8.271 - - 116,000 116,000 116,000 The table below sets forth the vesting of shares issued in connection with the grants of shares set forth in the above table. Each of the individuals holding shares that vested surrendered to the Company the number of shares necessary to satisfy the income tax withholding obligations that arose from the vesting of the shares. The table below also sets forth the taxes remitted to the appropriate taxing authorities on behalf of such individuals . Vesting of shares during the three-month periods ended Fiscal July 2, 2017 July 3, 2016 Year Shares Shares Aggregate Taxes Shares Aggregate Taxes Granted Granted Vested Value Remitted Vested Value Remitted 201 7 41,205 20,604 $ 167,000 $ 56,000 - $ - $ - For the three and six October 1, 2017 October 2, 2016, Three-Month Period Ended October 1, 2017 Three-Month Period Ended October 2, 2016 Non-employee Total Non-employee Total Stock Granted in Fiscal Year Employees Directors Expense Employees Directors Expense 2015 $ - $ - $ - $ - $ 9 $ 9 2016 - 9 9 35 28 63 2017 27 36 63 27 24 51 2018 29 13 42 - - - Total stock grant compensation $ 56 $ 58 $ 114 $ 62 $ 61 $ 123 Six-Month Period Ended October 1, 2017 Six-Month Period Ended October 2, 2016 Non-employee Total Non-employee Total Stock Granted in Fiscal Year Employees Directors Expense Employees Directors Expense 2015 $ - $ - $ - $ - $ 37 $ 37 2016 - 38 38 70 57 127 2017 54 71 125 54 24 78 2018 58 13 71 - - - Total stock grant compensation $ 112 $ 122 $ 234 $ 124 $ 118 $ 242 As of October 1, 2017, $487,000, 11.7

Note 7 - Related Party Transact

Note 7 - Related Party Transaction	6 Months Ended
	Oct. 01, 2017
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	N ote 7 – Related Party Transaction On August 4, 2017, $15,000 three six October 1, 2017, $13,000 $2,000

Note 8 - Subsequent Events

Note 8 - Subsequent Events	6 Months Ended
	Oct. 01, 2017
Notes to Financial Statements
Subsequent Events [Text Block]	N ote 8 – Subsequent Event s The Company has evaluated events which have occurred between October 1, 2017 no

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Oct. 01, 2017
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation : not In the opinion of management, the interim unaudited consolidated financial statements contained herein include all adjustments necessary to present fairly the financial position of the Company as of October 1, 2017 three six October 1, 2017 not may April 1, 2018. 10 April 2, 2017.
Fiscal Period, Policy [Policy Text Block]	Fiscal Year: The Company’s fiscal year ends on the Sunday that is nearest to or on March 31. 2018” “2018” 52 April 1, 2018 2017” “2017” 52 April 2, 2017.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates :
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents: three The Company’s credit facility consists of a revolving line of credit under a financing agreement with The CIT Group/Commercial Services, Inc. (“CIT”), a subsidiary of CIT Group, Inc. The Company classifies a negative balance outstanding under this revolving line of credit as cash, as these amounts are legally owed to the Company and are immediately available to be drawn upon by the Company. There are no
Fair Value of Financial Instruments, Policy [Policy Text Block]	Financial Instruments :
Advertising Costs, Policy [Policy Text Block]	Advertising Cost s : $331,000 $243,000 three October 1, 2017 October 2, 2016, $550,000 $498,000 six October 1, 2017 October 2, 2016,
Segment Reporting, Policy [Policy Text Block]	Segment and Related Information: The Company operates primarily in one three six October 1, 2017 October 2, 2016 Three-Month Periods Ended Six-Month Periods Ended October 1, 2017 October 2, 2016 October 1, 2017 October 2, 2016 Bedding, blankets and accessories $ 10,432 $ 10,090 $ 18,856 $ 20,402 Bibs, bath and disposable products 6,029 5,719 11,252 11,006 Total net sales $ 16,461 $ 15,809 $ 30,108 $ 31,408
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition: Sales made directly to consumers are recorded when shipped products have been received by customers. Sales made to retailers are recorded when products are shipped to customers and are reported net of allowances for estimated returns and allowances in the accompanying unaudited condensed consolidated statements of income. Allowances for returns are estimated based on historical rates. Allowances for returns, cooperative advertising allowances, warehouse allowances, placement fees, volume rebates, coupons and discounts are recorded commensurate with sales activity or using the straight-line method, as appropriate, and the cost of such allowances is netted against sales in reporting the results of operations. Shipping and handling costs, net of amounts reimbursed by customers, are not
Receivables, Policy [Policy Text Block]	Allowances Against Accounts Receivable no To reduce the exposure to credit losses and to enhance the predictability of its cash flows, t he Company assigns the majority of its trade accounts receivable under factoring agreements with CIT. In the event a factored receivable becomes uncollectible due to creditworthiness, CIT bears the risk of loss. The Company’s management must make estimates of the uncollectibility of its non-factored accounts receivable to evaluate the adequacy of the Company’s allowance for doubtful accounts, which is accomplished by specifically analyzing accounts receivable, historical bad debts, customer concentrations, customer creditworthiness, current economic trends and changes in its customers’ payment terms. The Company’s bad debt expense is included in marketing and administrative expenses in the accompanying unaudited condensed consolidated statements of income. The Company did not 2017 $25,000 three six October 1, 2017. The Company ’s accounts receivable as of October 1, 2017 $12.8 $648,000. $10.8 $3.0 $13.8
Other Accrued Liabilities [Policy Text Block]	Other Accrued Liabilities : $589,000 October 1, 2017. $325,000 October 1, 2017 $14,000 $26,000. two
Revenue Recognition, Services, Royalty Fees [Policy Text Block]	Royalty Payments: The Company has entered into agreements that provide for royalty payments based on a percentage of sales with certain minimum guaranteed amounts. These royalties are accrued based upon historical sales rates adjusted for current sales trends by customers. Royalty expense is included in cost of products sold in the accompanying unaudited condensed consolidated statements of income and amounted to $1.9 $1.6 three October 1, 2017 October 2, 2016, $3.2 $3.3 six October 1, 2017 October 2, 2016,
Depreciation, Depletion, and Amortization [Policy Text Block]	Depreciation and Amortization: The accompanying condensed consolidated balance sheets reflect property, plant and equipment, and certain intangible assets at cost less accumulated depreciation or amortization. The Company capitalizes additions and improvements and expenses maintenance and repairs as incurred. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets, which are three eight five twenty
Goodwill and Intangible Assets, Policy [Policy Text Block]	Valuation of Long-Lived Assets and Identifiable Intangible Assets: may not
Inventory, Policy [Policy Text Block]	Inventory Valuation: The preparation of the Company's financial statements requires careful determination of the appropriate value of the Company's inventory balances. Such amounts are presented as a current asset in the accompanying condensed consolidated balance sheets and are a direct determinant of cost of products sold in the accompanying consolidated statements of income and, therefore, have a significant impact on the amount of net income in the accounting periods reported. The basis of accounting for inventories is cost, which for products that have been contracted to be manufactured includes the direct supplier acquisition cost, duties, taxes and freight, and the indirect costs incurred to design, develop, source and store the products until they are sold. A portion of the Company’s products are manufactured by a wholly-owned subsidiary of the Company. Because most of these products are made to order and are shipped immediately after production has been completed, the Company’s aggregate inventory cost for this subsidiary is primarily related to raw materials. Once cost has been determined, the Company’s inventory is then stated at the lower of cost or net realizable value, with cost determined under the assumption that inventory quantities are sold in the order in which they are acquired (the first first The indirect costs allocated to inventory are done so as a percentage of projected annual supplier purchases and can impact the Company’s results of operations as purchase volumes fluctuate from quarter to quarter and year to year. The difference between indirect costs incurred and the indirect costs allocated to inventory creates a burden variance, which is generally favorable when actual inventory purchases exceed planned inventory purchases, and is generally unfavorable when actual inventory purchases are lower than planned inventory purchases. The determination of the indirect charges and their allocation to the Company's finished products inventories is complex and requires significant management judgment and estimates. If management made different judgments or utilized different estimates, then differences would result in the valuation of the Company's inventories, the amount and timing of the Company's cost of products sold and the resulting net income for any accounting period. On a periodic basis, management reviews the Company’s inventory quantities on hand for obsolescence, physical deterioration, changes in price levels and the existence of quantities on hand which may not no may not may
Income Tax, Policy [Policy Text Block]	Provision for Income Taxes: The Company’s provision for income taxes includes all currently payable federal, state, local and foreign taxes and is based upon the Company’s estimated annual effective tax rate, which is based on the Company’s forecasted annual pre-tax income, as adjusted for certain expenses within the consolidated statements of income that will never be deductible on the Company’s tax returns and certain charges expected to be deducted on the Company’s tax returns that will never be deducted on the consolidated statements of income, multiplied by the statutory tax rates for the various jurisdictions in which the Company operates and reduced by certain anticipated tax credits. The Company provides for deferred income taxes based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates that will be in effect when the differences are expected to reverse. The Company’s policy is to recognize the effect that a change in enacted tax rates would have on net deferred income tax assets and liabilities in the period that the tax rates are changed. Management evaluates items of income, deductions and credits reported on the Company ’s various federal and state income tax returns filed and recognizes the effect of positions taken on those income tax returns only if those positions are more likely than not 740 10 25, 50% not The Company files income tax returns in the many jurisdictions within which it operates, including the U.S., several U.S. states and the People’s Republic of China. The statute of limitations for the Company’s filed income tax returns varies by jurisdiction; tax years open to federal or state examination or other adjustment as of October 1, 2017 April 2, 2017, April 3, 2016, March 29, 2015, March 30, 2014, March 31, 2013, April 1, 2012 April 3, 2011.
Earnings Per Share, Policy [Policy Text Block]	E arnings Per Share:
New Accounting Pronouncements, Policy [Policy Text Block]	Recently-Issued Accounting Standards : 2014, No. 2014 09, Revenue from Contracts with Customers (Topic 606 December 15, 2016, August 12, 2015 No. 2015 14, Revenue from Contrac ts with Customers (Topic 606 Deferral of the Effective Date one No. 2014 09. not No. 2014 09, No. 2015 14 first December 15, 2016. 2018. not No. 2014 09 I n July 2015, No. 2015 11, Inventory (Topic 330 : Simplifying the Measurement of Inventory first December 15, 2016, No. 2015 11 April 3, 2017, not On February 25, 2016, No. 2016 02, Leases (Topic 842 No. 2016 02, first December 15, 2018. not On June 16, 2016, No. 2016 13, Financial Instruments – Credit Losses (Topic 326 not No. 2016 13 first December 15, 2019. may first December 15, 2018. Although the Company has not whether to adopt ASU No. 2016 13 not No. 2016 13 On J anuary 26, 2017, No. 2017 04, Goodwill and Other (Topic 350 first assessing qualitative factors to determine whether it was more likely than not in a two first one second second The intent of ASU No. 2017 04 s to simplify this process by eliminating the second not The ASU is to be applied on a prospective basis and was to have become effective for the first December 15, 2019, first January 1, 2017. April 3, 2017, not The Company has determined that all other ASUs which had become effective as of October 1, 2017, not

Note 1 - Summary of Significa15

Note 1 - Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Oct. 01, 2017
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three-Month Periods Ended Six-Month Periods Ended October 1, 2017 October 2, 2016 October 1, 2017 October 2, 2016 Bedding, blankets and accessories $ 10,432 $ 10,090 $ 18,856 $ 20,402 Bibs, bath and disposable products 6,029 5,719 11,252 11,006 Total net sales $ 16,461 $ 15,809 $ 30,108 $ 31,408

Note 2 - Acquisition (Tables)

Note 2 - Acquisition (Tables)	6 Months Ended
	Oct. 01, 2017
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Tangible assets: Inventory $ 967 Prepaid expenses 5 Fixed assets 1,068 Total tangible assets 2,040 Amortizable intangible assets: Tradename 1,400 Developed technology 1,100 Non-compete covenants 360 Total amortizable intangible assets 2,860 Goodwill 5,379 Total acquired assets 10,279 Liabilities assumed: Accounts payable 319 Accrued wages and benefits 59 Unearned revenue 271 Other accrued liabilities 60 Capital leases 845 Total liabilities assumed 1,554 Net acquisition cost $ 8,725

Note 3 - Goodwill, Customer R17

Note 3 - Goodwill, Customer Relationships and Other Intangible Assets (Tables)	6 Months Ended
	Oct. 01, 2017
Notes Tables
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Amortization Expense Gross Amount Accumulated Amortization Three-Month Periods Ended Six-Month Periods Ended October 1, April 2, October 1, April 2, October 1, October 2, October 1, October 2, 2017 2017 2017 2017 2017 2016 2017 2016 Tradename and trademarks $ 3,387 $ 1,987 $ 1,154 $ 1,066 $ 54 $ 33 $ 88 $ 67 Developed technology 1,100 - 18 - 18 - 18 - Non-compete covenants 458 98 82 67 13 1 15 3 Patents 1,601 1,601 619 565 27 27 54 54 Customer relationships 5,534 5,534 4,648 4,394 128 127 254 253 Total other intangible assets $ 12,080 $ 9,220 $ 6,521 $ 6,092 $ 240 $ 188 $ 429 $ 377 Classification within the accompanying unaudited condensed consolidated statements of income: Cost of products sold $ 1 $ 1 $ 3 $ 3 Marketing and administrative expenses 239 187 426 374 Total amortization expense $ 240 $ 188 $ 429 $ 377

Note 4 - Inventories (Tables)

Note 4 - Inventories (Tables)	6 Months Ended
	Oct. 01, 2017
Notes Tables
Schedule of Inventory, Current [Table Text Block]	October 1, 2017 April 2, 2017 Raw Materials $ 1,138 $ 42 Finished Goods 15,633 15,779 Total inventory $ 16,771 $ 15,821

Note 6 - Stock-based Compensa19

Note 6 - Stock-based Compensation (Tables)	6 Months Ended
	Oct. 01, 2017
Notes Tables
Share-based Compensation, Stock Options, Activity [Table Text Block]	Six-Month Period Ended Six-Month Period Ended October 1, 2017 October 2, 2016 Weighted- Weighted- Average Number of Average Number of Exercise Options Exercise Options Price Outstanding Price Outstanding Outstanding at Beginning of Period $ 8.35 322,500 $ 7.64 305,000 Granted 7.41 130,000 9.60 120,000 Exercised - - 7.68 (77,500 ) Forfeited 9.01 (52,500 ) - - Outstanding at End of Period 8.01 400,000 8.30 347,500 Exercisable at End of Period 7.99 230,000 7.38 172,500
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Stock Options Issued to Employees During Fiscal Years 2018 2017 Number of options issued 20,000 110,000 120,000 Grant date August 4, 2017 June 8, 2017 June 8, 2016 Dividend yield 5.77 % 4.13 % 3.33 % Expected volatility 25.00 % 25.00 % 20.00 % Risk free interest rate 1.51 % 1.47 % 0.93 % Contractual term (years) 10.00 10.00 10.00 Expected term (years) 3.00 3.00 3.00 Forfeiture rate 5.00 % 5.00 % 5.00 % Exercise price (grant-date closing price) per option $ 5.55 $ 7.75 $ 9.60 Fair value per option $ 0.50 $ 0.85 $ 0.94
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	Three-Month Period Ended October 1, 2017 Three-Month Period Ended October 2, 2016 Cost of Marketing & Cost of Marketing & Products Administrative Total Products Administrative Total Options Granted in Fiscal Year Sold Expenses Expense Sold Expenses Expense 2016 $ - $ - $ - $ 5 $ 4 $ 9 2017 6 5 11 8 6 14 2018 4 6 10 - - - Total stock option compensation $ 10 $ 11 $ 21 $ 13 $ 10 $ 23 Six-Month Period Ended October 1, 2017 Six-Month Period Ended October 2, 2016 Cost of Marketing & Cost of Marketing & Products Administrative Total Products Administrative Total Options Granted in Fiscal Year Sold Expenses Expense Sold Expenses Expense 2015 $ - $ - $ - $ 14 $ 12 $ 26 2016 6 1 7 12 10 22 2017 16 7 23 10 7 17 2018 6 7 13 - - - Total stock option compensation $ 28 $ 15 $ 43 $ 36 $ 29 $ 65
Schedule of Share-based Compensation, Nonemployee Director Stock Award Plan, Activity [Table Text Block]	Number of Shares Fair Value per Share Grant Date 28,000 $ 5.50 August 9, 2017 28,000 10.08 August 10, 2016 28,000 8.20 August 12, 2015 28,000 7.97 August 11, 2014
Schedule of Nonvested Share Activity [Table Text Block]	Three-Month Period Ended October 1, 2017 Three-Month Period Ended October 2, 2016 Non-employee Total Non-employee Total Stock Granted in Fiscal Year Employees Directors Expense Employees Directors Expense 2015 $ - $ - $ - $ - $ 9 $ 9 2016 - 9 9 35 28 63 2017 27 36 63 27 24 51 2018 29 13 42 - - - Total stock grant compensation $ 56 $ 58 $ 114 $ 62 $ 61 $ 123 Six-Month Period Ended October 1, 2017 Six-Month Period Ended October 2, 2016 Non-employee Total Non-employee Total Stock Granted in Fiscal Year Employees Directors Expense Employees Directors Expense 2015 $ - $ - $ - $ - $ 37 $ 37 2016 - 38 38 70 57 127 2017 54 71 125 54 24 78 2018 58 13 71 - - - Total stock grant compensation $ 112 $ 122 $ 234 $ 124 $ 118 $ 242
Performance Shares [Member]
Notes Tables
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	Fair Fiscal Fiscal Value Year Shares Year Per Compensation expense recognized during fiscal year Earned Granted Granted Share 2015 2016 2017 2018 2019 2015 58,532 2016 $ 7.180 $ 140,000 $ 140,000 $ 140,000 $ - $ - 2016 41,205 2017 7.865 - 108,000 108,000 108,000 - 2017 42,250 2018 8.271 - - 116,000 116,000 116,000 Vesting of shares during the three-month periods ended Fiscal July 2, 2017 July 3, 2016 Year Shares Shares Aggregate Taxes Shares Aggregate Taxes Granted Granted Vested Value Remitted Vested Value Remitted 201 7 41,205 20,604 $ 167,000 $ 56,000 - $ - $ -

Note 1 - Summary of Significa20

Note 1 - Summary of Significant Accounting Policies (Details Textual)	3 Months Ended		6 Months Ended		12 Months Ended
	Oct. 01, 2017USD ($)	Oct. 02, 2016USD ($)	Oct. 01, 2017USD ($)	Oct. 02, 2016USD ($)	Apr. 02, 2017USD ($)
Advertising Expense	$ 331,000	$ 243,000	$ 550,000	$ 498,000
Number of Operating Segments			1
Provision for Doubtful Accounts	25,000		$ 25,000		$ 0
Accounts Receivable, Net, Current	12,800,000		12,800,000
Allowance for Doubtful Accounts Receivable, Current	648,000		648,000
Due From Factor	10,798,000		10,798,000		14,921,000
Line of Credit Facility, Negative Balance Outstanding	3,000,000		3,000,000
Other Accrued Liabilities, Current	589,000		$ 589,000		$ 245,000
Minimum [Member]
Property, Plant and Equipment, Useful Life			3 years
Finite-Lived Intangible Asset, Useful Life			5 years
Maximum [Member]
Property, Plant and Equipment, Useful Life			8 years
Finite-Lived Intangible Asset, Useful Life			20 years
Cost of Sales [Member]
Direct Operating Cost, Royalty Expense	1,900,000	$ 1,600,000	$ 3,200,000	$ 3,300,000
Other Accrued Liabilities [Member] | Up-front Payment Arrangement [Member]
Deferred Revenue, Current	325,000		325,000
Other Accrued Liabilities [Member] | Customer Returns [Member]
Deferred Revenue, Current	14,000		14,000
Other Accrued Liabilities [Member] | Store Credits and Gift Certificates [Member]
Deferred Revenue, Current	$ 26,000		26,000
Collectibility of Receivables [Member]
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure			$ 13,800,000

Note 1 - Summary of Significa21

Note 1 - Summary of Significant Accounting Policies - Segment and Related Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 01, 2017	Oct. 02, 2016	Oct. 01, 2017	Oct. 02, 2016
Net sales	$ 16,461	$ 15,809	$ 30,108	$ 31,408
Bedding, Blankets, And Accessories [Member]
Net sales	10,432	10,090	18,856	20,402
Bibs, Bath, And Disposable Products [Member]
Net sales	$ 6,029	$ 5,719	$ 11,252	$ 11,006

Note 2 - Acquisition (Details T

Note 2 - Acquisition (Details Textual) - USD ($)	Aug. 04, 2017	Oct. 01, 2017	Oct. 01, 2017	Oct. 02, 2016	Oct. 01, 2017	Oct. 02, 2016	Apr. 02, 2017
Payments to Acquire Businesses, Gross					$ 8,725,000
Repayments of Long-term Capital Lease Obligations					845,000
Goodwill		$ 6,505,000	$ 6,505,000		6,505,000		$ 1,126,000
Amortization of Intangible Assets			240,000	$ 188,000	429,000	377,000
Noncompete Agreements [Member]
Amortization of Intangible Assets			13,000	1,000	15,000	3,000
Selling, General and Administrative Expenses [Member]
Amortization of Intangible Assets			$ 239,000	$ 187,000	426,000	$ 374,000
Carousel Designs, LLC. Acquisition [Member]
Payments to Acquire Businesses, Gross	$ 8,700,000
Repayments of Long-term Capital Lease Obligations	845,000
Goodwill	$ 5,379,000
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual		$ 1,200,000
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		12 years
Carousel Designs, LLC. Acquisition [Member] | Trade Names [Member]
Finite-Lived Intangible Asset, Useful Life		15 years
Carousel Designs, LLC. Acquisition [Member] | Developed Technology Rights [Member]
Finite-Lived Intangible Asset, Useful Life		10 years
Carousel Designs, LLC. Acquisition [Member] | Noncompete Agreements [Member]
Finite-Lived Intangible Asset, Useful Life		5 years
Carousel Designs, LLC. Acquisition [Member] | Selling, General and Administrative Expenses [Member]
Business Combination, Acquisition Related Costs					$ 264,000
Amortization of Intangible Assets		$ 52,000

Note 2 - Acquisition - Assets A

Note 2 - Acquisition - Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Oct. 01, 2017	Aug. 04, 2017	Apr. 02, 2017
Goodwill	$ 6,505		$ 1,126
Carousel Designs, LLC. Acquisition [Member]
Inventory		$ 967
Prepaid expenses		5
Fixed assets		1,068
Total tangible assets		2,040
Tradename		2,860
Goodwill		5,379
Total acquired assets		10,279
Liabilities assumed:
Accounts payable		319
Accrued wages and benefits		59
Unearned revenue		271
Other accrued liabilities		60
Capital leases		845
Total liabilities assumed		1,554
Net acquisition cost		8,725
Carousel Designs, LLC. Acquisition [Member] | Trade Names [Member]
Tradename		1,400
Carousel Designs, LLC. Acquisition [Member] | Developed Technology Rights [Member]
Tradename		1,100
Carousel Designs, LLC. Acquisition [Member] | Noncompete Agreements [Member]
Tradename		$ 360

Note 3 - Goodwill, Customer R24

Note 3 - Goodwill, Customer Relationships and Other Intangible Assets (Details Textual) $ in Thousands	6 Months Ended
	Oct. 01, 2017USD ($)	Aug. 04, 2017USD ($)	Apr. 03, 2017USD ($)	Apr. 02, 2017USD ($)
Number of Reportable Segments	2
Goodwill, Gross	$ 29,400			$ 24,000
Goodwill	6,505			1,126
Goodwill, Impaired, Accumulated Impairment Loss	$ 22,900		$ 0	$ 0
Carousel Designs, LLC. Acquisition [Member]
Goodwill		$ 5,379
Carousel Acquisition, LLC. [Member] | Carousel Designs, LLC. Acquisition [Member]
Goodwill		$ 5,400

Note 3 - Goodwill, Customer R25

Note 3 - Goodwill, Customer Relationships and Other Intangible Assets - Other Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 01, 2017	Oct. 02, 2016	Oct. 01, 2017	Oct. 02, 2016	Apr. 02, 2017
Finite-lived intangible assets, gross amount	$ 12,080		$ 12,080		$ 9,220
Finite-lived intangible assets, accumulated amortization	6,521		6,521		6,092
Amortization of Intangible Assets	240	$ 188	429	$ 377
Amortization of intangibles	240	188	429	377
Cost of Sales [Member]
Amortization of Intangible Assets	1	1	3	3
Amortization of intangibles	1	1	3	3
Selling, General and Administrative Expenses [Member]
Amortization of Intangible Assets	239	187	426	374
Amortization of intangibles	239	187	426	374
Trademarks and Trade Names [Member]
Finite-lived intangible assets, gross amount	3,387		3,387		1,987
Finite-lived intangible assets, accumulated amortization	1,154		1,154		1,066
Amortization of Intangible Assets	54	33	88	67
Amortization of intangibles	54	33	88	67
Developed Technology [Member]
Finite-lived intangible assets, gross amount	1,100		1,100
Finite-lived intangible assets, accumulated amortization	18		18
Amortization of Intangible Assets	18		18
Amortization of intangibles	18		18
Noncompete Agreements [Member]
Finite-lived intangible assets, gross amount	458		458		98
Finite-lived intangible assets, accumulated amortization	82		82		67
Amortization of Intangible Assets	13	1	15	3
Amortization of intangibles	13	1	15	3
Patents [Member]
Finite-lived intangible assets, gross amount	1,601		1,601		1,601
Finite-lived intangible assets, accumulated amortization	619		619		565
Amortization of Intangible Assets	27	27	54	54
Amortization of intangibles	27	27	54	54
Customer Relationships [Member]
Finite-lived intangible assets, gross amount	5,534		5,534		5,534
Finite-lived intangible assets, accumulated amortization	4,648		4,648		$ 4,394
Amortization of Intangible Assets	128	127	254	253
Amortization of intangibles	$ 128	$ 127	$ 254	$ 253

Note 4 - Inventories - Componen

Note 4 - Inventories - Components of Inventories (Details) - USD ($) $ in Thousands	Oct. 01, 2017	Apr. 02, 2017
Raw Materials	$ 1,138	$ 42
Finished Goods	15,633	15,779
Total inventory	$ 16,771	$ 15,821

Note 5 - Financing Arrangemen27

Note 5 - Financing Arrangements (Details Textual) - USD ($)	Sep. 19, 2017	May 16, 2017	Oct. 01, 2017	Oct. 02, 2016	Oct. 01, 2017	Oct. 02, 2016	Apr. 02, 2017	Apr. 02, 2016
Selling, General and Administrative Expense			$ 3,807,000	$ 2,761,000	$ 6,708,000	$ 5,600,000
Daily Cash Balance, Interest Rate, Stated Percentage					2.25%
Line of Credit Facility, Remaining Borrowing Capacity			18,500,000		$ 18,500,000		$ 21,400,000
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity			26,000,000		26,000,000
Long-term Line of Credit			0		0			$ 0
Letters of Credit Outstanding, Amount			0		$ 0			$ 0
Revolving Credit Facility [Member] | Prime Rate [Member]
Debt Instrument Basis Spread Below Variable Rate					0.50%
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate					2.00%
Letter of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity			1,500,000		$ 1,500,000
Factoring Fees [Member]
Selling, General and Administrative Expense			50,000	$ 112,000	115,000	$ 206,000
Chase Bank N.A. [Member] | Master Stand-by Claims Purchase Agreement [Member]
Purchase Agreement, Monthly Fee, Percentage of Accounts Receivable		1.65%
Purchase Agreement, Limit of Accounts Receivable Used in Determination of Monthly Fee		$ 1,800,000
Selling, General and Administrative Expense			416,000		480,000
Chase Bank N.A. [Member] | Master Stand-by Claims Purchase Agreement [Member] | Other Accounts Receivable [Member]
Accounts Receivable, Net			866,000		866,000
Chase Bank N.A. [Member] | Master Stand by Claims Second Purchase Agreement [Member]
Purchase Agreement, Monthly Fee, Percentage of Accounts Receivable	1.50%
Purchase Agreement, Limit of Accounts Receivable Used in Determination of Monthly Fee	$ 1,800,000
Accounts Receivable, Net			249,000		$ 249,000
Selling, General and Administrative Expense			$ 11,000

Note 6 - Stock-based Compensa28

Note 6 - Stock-based Compensation (Details Textual) - USD ($)	1 Months Ended		3 Months Ended				6 Months Ended
	Aug. 31, 2017	Aug. 31, 2016	Oct. 01, 2017	Jul. 02, 2017	Oct. 02, 2016	Jul. 03, 2016	Oct. 01, 2017	Oct. 02, 2016
Common Stock, Capital Shares Reserved for Future Issuance			667,000				667,000
Allocated Share-based Compensation Expense			$ 135,000		$ 146,000		$ 277,000	$ 307,000
Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount							0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value			56,000				56,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value			37,000				37,000
Proceeds from Stock Options Exercised						$ 0	$ 0	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value					124,000			169,000
Payments Related to Tax Withholding for Share-based Compensation				$ 56,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition							356 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period				20,604
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value				$ 167,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized			487,000				$ 487,000
Employee Stock Option [Member]
Allocated Share-based Compensation Expense			21,000		23,000		$ 43,000	65,000
Payments Related to Tax Withholding for Share-based Compensation					$ 41,000			$ 61,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period							2 years
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options			$ 115,000				$ 115,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition							349 days
Restricted Stock [Member] | Non Employee Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period							2 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	28,000	28,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 157,000	$ 281,000
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period							2 years
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition							3 years

Note 6 - Stock-based Compensa29

Note 6 - Stock-based Compensation - Stock Option Activity (Details) - $ / shares	6 Months Ended		12 Months Ended
	Oct. 01, 2017	Oct. 02, 2016	Apr. 02, 2017
Outstanding, Weighted-average exercise price, beginning balance (in dollars per share)	$ 8.35	$ 7.64	$ 7.64
Outstanding, Shares, beginning balance (in shares)	322,500	305,000	305,000
Granted, Weighted-average exercise price (in dollars per share)	$ 7.41	$ 9.60
Number of options issued (in shares)	130,000	120,000	120,000
Exercised, Weighted-average exercise price (in dollars per share)		$ 7.68
Exercised, Shares (in shares)		(77,500)
Forfeited, Weighted-average exercise price (in dollars per share)	$ 9.01
Forfeited, Shares (in shares)	(52,500)
Outstanding, Weighted-average exercise price, ending balance (in dollars per share)	$ 8.01	$ 8.30	$ 8.35
Outstanding, Shares, ending balance (in shares)	400,000	347,500	322,500
Exercisable, Weighted-average exercise price (in dollars per share)	$ 7.99	$ 7.38
Exercisable, Shares (in shares)	230,000	172,500

Note 6 - Stock-based Compensa30

Note 6 - Stock-based Compensation - Estimated Fair Value of Stock Options Assumptions (Details) - $ / shares	6 Months Ended		12 Months Ended
	Oct. 01, 2017	Oct. 02, 2016	Apr. 02, 2017
Number of options issued (in shares)	130,000	120,000	120,000
Grant date			Jun. 8, 2016
Dividend yield			3.33%
Expected volatility			20.00%
Risk free interest rate			0.93%
Contractual term (years) (Year)			10 years
Expected term (years) (Year)			3 years
Forfeiture rate			5.00%
Exercise price (grant-date closing price) per option (in dollars per share)			$ 9.60
Fair value per option (in dollars per share)			$ 0.94
August 4 2017 [Member]
Number of options issued (in shares)	20,000
Grant date	Aug. 4, 2017
Dividend yield	5.77%
Expected volatility	25.00%
Risk free interest rate	1.51%
Contractual term (years) (Year)	10 years
Expected term (years) (Year)	3 years
Forfeiture rate	5.00%
Exercise price (grant-date closing price) per option (in dollars per share)	$ 5.55
Fair value per option (in dollars per share)	$ 0.50
June 8 2017 [Member]
Number of options issued (in shares)	110,000
Grant date	Jun. 8, 2017
Dividend yield	4.13%
Expected volatility	25.00%
Risk free interest rate	1.47%
Contractual term (years) (Year)	10 years
Expected term (years) (Year)	3 years
Forfeiture rate	5.00%
Exercise price (grant-date closing price) per option (in dollars per share)	$ 7.75
Fair value per option (in dollars per share)	$ 0.85

Note 6 - Stock-based Compensa31

Note 6 - Stock-based Compensation - Stock Option Compensation (Details) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 01, 2017	Oct. 02, 2016	Oct. 01, 2017	Oct. 02, 2016
Allocated share-based compensation	$ 135,000	$ 146,000	$ 277,000	$ 307,000
Employee Stock Option [Member]
Allocated share-based compensation	21,000	23,000	43,000	65,000
Employee Stock Option [Member] | Cost of Sales [Member]
Allocated share-based compensation	10,000	13,000	28,000	36,000
Employee Stock Option [Member] | Selling, General and Administrative Expenses [Member]
Allocated share-based compensation	11,000	10,000	15,000	29,000
Employee Stock Option [Member] | Fiscal Year 2016 [Member]
Allocated share-based compensation		9,000	7,000	22,000
Employee Stock Option [Member] | Fiscal Year 2016 [Member] | Cost of Sales [Member]
Allocated share-based compensation		5,000	6,000	12,000
Employee Stock Option [Member] | Fiscal Year 2016 [Member] | Selling, General and Administrative Expenses [Member]
Allocated share-based compensation		4,000	1,000	10,000
Employee Stock Option [Member] | Fiscal Year 2015 [Member]
Allocated share-based compensation				26,000
Employee Stock Option [Member] | Fiscal Year 2015 [Member] | Cost of Sales [Member]
Allocated share-based compensation				14,000
Employee Stock Option [Member] | Fiscal Year 2015 [Member] | Selling, General and Administrative Expenses [Member]
Allocated share-based compensation				12,000
Employee Stock Option [Member] | Fiscal Year 2017 [Member]
Allocated share-based compensation	11,000	14,000	23,000	17,000
Employee Stock Option [Member] | Fiscal Year 2017 [Member] | Cost of Sales [Member]
Allocated share-based compensation	6,000	8,000	16,000	10,000
Employee Stock Option [Member] | Fiscal Year 2017 [Member] | Selling, General and Administrative Expenses [Member]
Allocated share-based compensation	5,000	6,000	7,000	7,000
Employee Stock Option [Member] | Fiscal Year 2018 [Member]
Allocated share-based compensation	10,000		13,000
Employee Stock Option [Member] | Fiscal Year 2018 [Member] | Cost of Sales [Member]
Allocated share-based compensation	4,000		6,000
Employee Stock Option [Member] | Fiscal Year 2018 [Member] | Selling, General and Administrative Expenses [Member]
Allocated share-based compensation	$ 6,000		$ 7,000

Note 6 - Stock-based Compensa32

Note 6 - Stock-based Compensation - Non-vested Stock to Directors (Details) - $ / shares	6 Months Ended	12 Months Ended
	Oct. 01, 2017	Apr. 03, 2016
Number of Shares (in shares)		41,205
Non Employee Directors [Member] | August 9 2017 [Member]
Number of Shares (in shares)	28,000
Fair Value Per Share (in dollars per share)	$ 5.50
Non Employee Directors [Member] | August 10, 2016 [Member]
Number of Shares (in shares)	28,000
Fair Value Per Share (in dollars per share)	$ 10.08
Non Employee Directors [Member] | August 12, 2015 [Member]
Number of Shares (in shares)	28,000
Fair Value Per Share (in dollars per share)	$ 8.20
Non Employee Directors [Member] | August 11, 2014 [Member]
Number of Shares (in shares)	28,000
Fair Value Per Share (in dollars per share)	$ 7.97

Note 6 - Stock-based Compensa33

Note 6 - Stock-based Compensation - Grants and Compensation Expense in Connection with the Performance Bonus Plan (Details) - USD ($)	3 Months Ended				6 Months Ended		12 Months Ended
	Oct. 01, 2017	Jul. 02, 2017	Oct. 02, 2016	Jul. 03, 2016	Oct. 01, 2017	Oct. 02, 2016	Mar. 31, 2019	Apr. 01, 2018	Apr. 02, 2017	Apr. 03, 2016	Mar. 29, 2015
Number of Shares (in shares)										41,205
Allocated share-based compensation	$ 135,000		$ 146,000		$ 277,000	$ 307,000
Shares Vested (in shares)		20,604
Shares Vested, Aggregate Value		$ 167,000
Shares Vested, Taxes Remitted		$ 56,000
Performance Shares [Member] | Earned in Fiscal Year 2015, Granted in Fiscal Year 2016 [Member]
Number of Shares (in shares)										58,532
Fair Value Per Share (in dollars per share)										$ 7.18
Allocated share-based compensation									$ 140,000	$ 140,000	$ 140,000
Performance Shares [Member] | Earned in Fiscal Year 2016, Granted in Fiscal Year 2017 [Member]
Number of Shares (in shares)									41,205
Fair Value Per Share (in dollars per share)									$ 7.865
Allocated share-based compensation									$ 108,000	$ 108,000
Performance Shares [Member] | Earned in Fiscal Year 2016, Granted in Fiscal Year 2017 [Member] | Scenario, Forecast [Member]
Allocated share-based compensation								$ 108,000
Performance Shares [Member] | Earned in Fiscal Year 2017, Granted in Fiscal Year 2018 [Member]
Number of Shares (in shares)								42,250
Fair Value Per Share (in dollars per share)								$ 8.271
Allocated share-based compensation									$ 116,000
Performance Shares [Member] | Earned in Fiscal Year 2017, Granted in Fiscal Year 2018 [Member] | Scenario, Forecast [Member]
Allocated share-based compensation							$ 116,000	$ 116,000

Note 6 - Stock-based Compensa34

Note 6 - Stock-based Compensation - Compensation Expense Associated with Non-vested Stock Grants (Details) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 01, 2017	Oct. 02, 2016	Oct. 01, 2017	Oct. 02, 2016
Allocated share-based compensation	$ 135,000	$ 146,000	$ 277,000	$ 307,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member]
Allocated share-based compensation	114,000	123,000	234,000	242,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Employee [Member]
Allocated share-based compensation	56,000	62,000	112,000	124,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Non Employee Directors [Member]
Allocated share-based compensation	58,000	61,000	122,000	118,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2015 [Member]
Allocated share-based compensation		9,000		37,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2015 [Member] | Employee [Member]
Allocated share-based compensation
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2015 [Member] | Non Employee Directors [Member]
Allocated share-based compensation		9,000		37,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2016 [Member]
Allocated share-based compensation	9,000	63,000	38,000	127,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2016 [Member] | Employee [Member]
Allocated share-based compensation		35,000		70,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2016 [Member] | Non Employee Directors [Member]
Allocated share-based compensation	9,000	28,000	38,000	57,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2017 [Member]
Allocated share-based compensation	63,000	51,000	125,000	78,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2017 [Member] | Employee [Member]
Allocated share-based compensation	27,000	27,000	54,000	54,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2017 [Member] | Non Employee Directors [Member]
Allocated share-based compensation	36,000	24,000	71,000	24,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2018 [Member]
Allocated share-based compensation	42,000		71,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2018 [Member] | Employee [Member]
Allocated share-based compensation	29,000		58,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2018 [Member] | Non Employee Directors [Member]
Allocated share-based compensation	$ 13,000		$ 13,000

Note 7 - Related Party Transa35

Note 7 - Related Party Transaction (Details Textual) - JST Capital LLC [Member] - Carousel Facilities [Member] - USD ($)	3 Months Ended	6 Months Ended
	Oct. 01, 2017	Oct. 01, 2017
Operating Leases, Rent Expense, Net	$ 15,000	$ 15,000
Cost of Sales [Member]
Operating Leases, Rent Expense, Net	13,000	13,000
Selling, General and Administrative Expenses [Member]
Operating Leases, Rent Expense, Net	$ 2,000	$ 2,000