Crown Crafts (CRWS) 10-Q 8 Nov 18 2019 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Sep. 30, 2018	Oct. 24, 2018
Document Information [Line Items]
Entity Registrant Name	CROWN CRAFTS INC
Entity Central Index Key	25,895
Trading Symbol	crws
Current Fiscal Year End Date	--03-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Common Stock, Shares Outstanding (in shares)		10,097,558
Document Type	10-Q
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2018	Apr. 01, 2018
Current assets:
Cash and cash equivalents	$ 154,000	$ 215,000
Accounts receivable (net of allowances of $672 at September 30, 2018 and $565 at April 1, 2018):
Due from factor	14,820,000	15,447,000
Other	1,838,000	3,051,000
Inventories	19,780,000	19,788,000
Prepaid expenses	1,263,000	1,253,000
Total current assets	37,855,000	39,754,000
Property, plant and equipment - at cost:
Vehicles	257,000	268,000
Leasehold improvements	277,000	272,000
Machinery and equipment	4,380,000	4,010,000
Furniture and fixtures	799,000	799,000
Property, plant and equipment - gross	5,713,000	5,349,000
Less accumulated depreciation	3,806,000	3,571,000
Property, plant and equipment - net	1,907,000	1,778,000
Finite-lived intangible assets - at cost:
Tradename and trademarks	3,667,000	3,667,000
Customer relationships	7,374,000	7,374,000
Other finite-lived intangible assets	3,159,000	3,159,000
Finite-lived intangible assets gross	14,200,000	14,200,000
Less accumulated amortization	7,342,000	6,928,000
Finite-lived intangible assets - net	6,858,000	7,272,000
Goodwill, Ending Balance	7,125,000	7,125,000
Deferred income taxes	427,000	532,000
Other	119,000	120,000
Total Assets	54,291,000	56,581,000
Current liabilities:
Accounts payable	6,314,000	3,766,000
Accrued wages and benefits	955,000	842,000
Accrued royalties	364,000	793,000
Dividends payable	808,000	807,000
Income taxes payable	15,000	40,000
Other accrued liabilities	456,000	540,000
Total current liabilities	8,912,000	6,788,000
Non-current liabilities:
Long-term debt	4,378,000	9,458,000
Reserve for unrecognized tax liabilities	1,122,000	1,017,000
Total non-current liabilities	5,500,000	10,475,000
Shareholders' equity:
Common stock - $0.01 par value per share; Authorized 40,000,000 shares at September 30, 2018 and April 1, 2018; Issued 12,521,789 shares at September 30, 2018 and 12,493,789 shares at April 1, 2018	125,000	125,000
Additional paid-in capital	53,071,000	52,874,000
Treasury stock - at cost - 2,424,231 shares at September 30, 2018 and 2,408,025 shares at April 1, 2018	(12,326,000)	(12,231,000)
Accumulated Deficit	(991,000)	(1,450,000)
Total shareholders' equity	39,879,000	39,318,000
Total Liabilities and Shareholders' Equity	$ 54,291,000	$ 56,581,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2018	Apr. 01, 2018
Allowance for doubtful accounts receivable	$ 672	$ 565
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)	15,521,789	12,493,789
Treasury stock, shares (in shares)	2,424,231	2,408,025

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Net sales	$ 20,536	$ 16,461	$ 35,996	$ 30,108
Cost of products sold	14,166	11,439	25,498	21,484
Gross profit	6,370	5,022	10,498	8,624
Marketing and administrative expenses	3,827	3,807	7,512	6,708
Income from operations	2,543	1,215	2,986	1,916
Other income (expense):
Interest expense	(88)	(18)	(187)	(38)
Interest income		28		69
Other - net	1		1	(1)
Income before income tax expense	2,456	1,225	2,800	1,946
Income tax expense	647	500	727	703
Net income	$ 1,809	$ 725	$ 2,073	$ 1,243
Weighted average shares outstanding:
Basic (in shares)	10,086	10,074	10,078	10,059
Effect of dilutive securities (in shares)	2	4	2	8
Diluted (in shares)	10,088	10,078	10,080	10,067
Earnings per share:
Basic (in dollars per share)	$ 0.18	$ 0.07	$ 0.21	$ 0.12
Diluted (in dollars per share)	0.18	0.07	0.21	0.12
Cash dividends declared per share (in dollars per share)	$ 0.08	$ 0.08	$ 0.16	$ 0.16

Unaudited Condensed Consolida_2

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2018	Oct. 01, 2017
Operating activities:
Net income	$ 2,073	$ 1,243
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property, plant and equipment	293	96
Amortization of intangibles	414	429
Deferred income taxes	105	102
Reserve for unrecognized tax benefits	105	64
Stock-based compensation	197	277
Changes in assets and liabilities:
Accounts receivable	1,840	2,797
Inventories	8	17
Prepaid expenses	(10)	732
Other assets	1
Accounts payable	2,532	(73)
Accrued liabilities	(425)	997
Net cash provided by operating activities	7,133	6,681
Investing activities:
Capital expenditures for property, plant and equipment	(406)	(98)
Payment for acquisition, net of liabilities assumed		(8,725)
Net cash used in investing activities	(406)	(8,823)
Financing activities:
Repayments under revolving line of credit	(29,924)
Borrowings under revolving line of credit	24,843
Purchase of treasury stock	(95)	(56)
Payments on capital leases		(845)
Dividends paid	(1,612)	(1,607)
Net cash used in financing activities	(6,788)	(2,508)
Net decrease in cash and cash equivalents	(61)	(4,650)
Cash and cash equivalents at beginning of period	215	7,892
Cash and cash equivalents at end of period	154	3,242
Supplemental cash flow information:
Income taxes paid	637	1,055
Interest paid	142	2
Noncash financing activities:
Property, plant and equipment purchased but unpaid	(15)
Dividends declared but unpaid	(808)	(807)
Compensation paid as common stock		$ 116

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	6 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Significant Accounting Policies [Text Block]	Note 1 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 September 30, 2018 three six September 30, 2018 not may March 31, 2019. 10 April 1, 2018. Fiscal Year: March 31. 2019” “2019” 52 March 31, 2019 2018” “2018” 52 April 1, 2018. Use of Estimates : Cash and Cash Equivalents: three The Company’s credit facility consists of a revolving line of credit under a certain Financing Agreement between the Company, its wholly-owned subsidiaries (together with the Company, the “Borrowers”) and The CIT Group/Commercial Services, Inc. (“CIT”), a subsidiary of CIT Group, Inc. (as amended from time to time, the “CIT Financing Agreement”). The Company classifies a negative balance outstanding under the 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 : $348,000 $331,000 three September 30, 2018 October 1, 2017, $673,000 $550,000 six September 30, 2018 October 1, 2017, Revenue Recognition: A provision for anticipated returns, which are based upon historical returns and claims, is provided through a reduction of net sales and cost of products sold in the reporting period within which the related sales are recorded. Actual returns and claims experienced in a future period may may The Company recognizes revenue associated with unredeemed store credits and gift certificates at the earlier of their redemption by customers, their expiration or when their likelihood of redemption becomes remote, which is generally two Revenue from sales made directly to consumers is recorded when the shipped products have been received by customers, and excludes sales taxes collected on behalf of governmental entities. Revenue from sales made to retailers is recorded when legal title has been passed to the customer based upon the terms of the customer’s purchase order, the Company’s sales invoice, or other associated relevant documents. Such terms usually stipulate that legal title will pass when the shipped products are no “ Segment and Related Information ” 1 Allowances Against Accounts Receivable no Uncollectible Accounts: April 2, 2018, April 2, 2018, three six October 1, 2017, $25,000 Credit Concentration: September 30, 2018 $16.7 $672,000. $14.8 Other Accrued Liabilities: $456,000 September 30, 2018. $257,000 September 30, 2018 $13,000 $15,000. Segment and Related Information: one three six September 30, 2018 October 1, 2017 Three-Month Periods Ended Six-Month Periods Ended September 30, 2018 October 1, 2017 September 30, 2018 October 1, 2017 Bedding, blankets and accessories $ 11,535 $ 10,432 $ 20,056 $ 18,856 Bibs, bath, developmental toy, feeding, baby care and disposable products 9,001 6,029 15,940 11,252 Total net sales $ 20,536 $ 16,461 $ 35,996 $ 30,108 Inventory Valuation: first first The indirect charges and their allocation to the Company’s finished goods inventory are determined 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. 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 Royalty Payments: $1.4 $1.9 three September 30, 2018 October 1, 2017, $2.4 $3.2 six September 30, 2018 October 1, 2017, Depreciation and Amortization: three eight five twenty Valuation of Long-Lived Assets and Identifiable Intangible Assets: may not Patent Costs: Purchase Price Allocations and the Resulting Goodwill: The amount of goodwill recorded in a business combination can vary significantly depending upon the values attributed to the assets acquired and liabilities assumed. Although goodwill has no not first not one If, after assessing the totality of events or circumstances described above, the Company determines that it is more likely than not may not Provision for Income Taxes: six September 30, 2018 October 1, 2017 23.4% 36.0%, 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 audit or other adjustment as of September 30, 2018 April 1, 2018, April 2, 2017, April 3, 2016, March 29, 2015, March 30, 2014, March 31, 2013, April 1, 2012 April 3, 2011. 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% In evaluating the process regarding the calculation of the state portion of its income tax provision, the Company has taken a tax position that reflects opportunities for more favorable state apportionment percentages, which were then applied to several prior fiscal years and to succeeding fiscal years. After considering all relevant information, the Company believes that the technical merits of this tax position would more likely than not $56,000 $18,000 three September 30, 2018 October 1, 2017, $59,000 $29,000 six September 30, 2018 October 1, 2017, The Company’s policy is to accrue interest expense and penalties as appropriate on estimated unrecognized tax benefits as a charge to interest expense in the Company’s consolidated statements of income. Interest expense and penalties are not three September 30, 2018 October 1, 2017 $21,000 $15,000, six September 30, 2018 October 1, 2017 $46,000 $35,000, During the three September 30, 2018 October 1, 2017, $17,000 $37,000, six September 30, 2018 October 1, 2017, $12,000 $23,000, The ETR on continuing operations and the discrete income tax charges and benefits set forth above resulted in an overall provision for income taxes of 26.0% 36.1% six September 30, 2018 October 1, 2017, E arnings Per Share: Recently-Issued Accounting Standards : 2014, No. 2014 09, Revenue from Contracts with Customers (Topic 606 No. 2014 09 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. No. 2014 09 April 2, 2018 ASU No. 2014 09 No. 2014 09 “Revenue Recognition,” “Allowances Against Accounts Receivable” “Uncollectible Accounts” 1 No. 2014 09 not On February 25, 2016, No. 2016 02, Leases (Topic 842 No. 2016 02, No. 2016 02 first December 15, 2018. When issued, ASU No. 2016 02 July 30, 2018 No. 2018 11, Leases (Topic 842 No. 2016 02. Although early adoption of ASU No. 2016 02 No. 2018 11 No. 2016 02 April 1, 2019. not No. 2016 02 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 No. 2016 13 not No. 2016 13 On June 20, 2018, No. 2018 07, Compensation – Stock Compensation (Topic 718 718 No. 2018 07 No. 2018 07. ASU No. 2018 07 first December 15, 2018. No. 2018 07 April 1, 2019 not The Company has determined that all other ASUs which had become effective as of September 30, 2018, not

Note 2 - Acquisitions

Note 2 - Acquisitions	6 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Business Combination Disclosure [Text Block]	Note 2 s Carousel: August 4, 2017, August 11, 2017, The Company anticipates that certain synergies, including administrative and capital efficiencies, may $8.7 $845,000 The Carousel Acquisition has been accounted for as a business combination in accordance with FASB ASC Topic 805, Business Combinations. third $5.7 The following table represents the Company’s 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 1,100 Developed technology 1,100 Non-compete covenants 360 Total amortizable intangible assets 2,560 Goodwill 5,679 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 Carousel Acquisition resulted in net sales of $1.8 $3.6 three six September 30, 2018, $64,000 $114,000 three six September 30, 2018, 15 10 5 11 S a ssy : December 15, 2017, 14, $6.5 April 2018 The Sassy Acquisition has been accounted for as a business combination in accordance with FASB ASC Topic 805, Business Combinations. third The following table represents the Company’s 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 $ 3,297 Prepaid expenses 120 Fixed assets 383 Total tangible assets 3,800 Amortizable intangible assets: Tradename 580 Customer relationships 1,840 Total amortizable intangible assets 2,420 Goodwill 320 Total acquired assets 6,540 Liabilities assumed: Accrued wages 20 Net acquisition cost $ 6,520 In its allocation of the acquisition cost, the Company recognized $320,000 $2.8 $5.0 three six September 30, 2018, $56,000 $111,000 three six September 30, 2018, 15 10 11

Note 3 - Goodwill, Customer Rel

Note 3 - Goodwill, Customer Relationships and Other Intangible Assets	6 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 3 – Goodwill , Customer Relationships and Other Intangible Assets Goodwill: two one September 30, 2018 April 1, 2018 $30.0 $22.9 $7.1 The Company measures for impairment the goodwill within its reporting units annually as of the first not 50% first not not April 2, 2018, not Other Intangible Assets: September 30, 2018 April 1, 2018 September 30, 2018 April 1, 2018, three six September 30, 2018 October 1, 2017 Amortization Expense Gross Amount Accumulated Amortization Three-Month Periods Ended Six-Month Periods Ended September 30, April 1, September 30, April 1, September 30, October 1, September 30, October 1, 2018 2018 2018 2018 2018 2017 2018 2017 Tradename and trademarks $ 3,667 $ 3,667 $ 1,379 $ 1,270 $ 61 $ 54 $ 109 $ 88 Developed technology 1,100 1,100 128 73 28 18 55 18 Non-compete covenants 458 458 161 122 19 13 39 15 Patents 1,601 1,601 727 673 27 27 54 54 Customer relationships 7,374 7,374 4,947 4,790 79 128 157 254 Total other intangible assets $ 14,200 $ 14,200 $ 7,342 $ 6,928 $ 214 $ 240 $ 414 $ 429 Classification within the accompanying unaudited condensed consolidated statements of income: Cost of products sold $ 1 $ 1 $ 3 $ 3 Marketing and administrative expenses 213 239 411 426 Total amortization expense $ 214 $ 240 $ 414 $ 429

Note 4 - Inventories

Note 4 - Inventories	6 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Inventory Disclosure [Text Block]	Note 4 – Inventories Major classes of inventory were as follows (in thousands): September 30, 2018 April 1, 2018 Raw Materials $ 1,035 $ 875 Work in Process 67 134 Finished Goods 18,678 18,779 Total inventory $ 19,780 $ 19,788

Note 5 - Financing Arrangements

Note 5 - Financing Arrangements	6 Months Ended
	Sep. 30, 2018
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 $866,000 $746,000 September 30, 2018 three six October 1, 2017, $416,000 $480,000 On September 19, 2017, 11 7 March 31, 2018 1.50% $1.8 March 14, 2018, three October 1, 2017, $11,000 Pursuant to the terms of the Second Agreement, the liquidation filing allowed the Company to exercise its right to sell to Chase the claim that arose as a result of the liquidation filing. The claim amounted to $1.8 three September 30, 2018. 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 may $72,000 $50,000 three September 30, 2018 October 1, 2017, $128,000 $115,000 six September 30, 2018 October 1, 2017, Credit Facility: September 30, 2018 $26.0 $1.5 0.5% 1.75%, first July 11, 2019, August 7, 2018 July 11, 2022. September 30, 2018, 3.86% September 30, 2018. 2.0% At September 30, 2018, $4.4 2023. no $18.5 April 1, 2018, $9.5 no $13.2 September 30, 2018.

Note 6 - Stock-based Compensati

Note 6 - Stock-based Compensation	6 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	N ote 6 – S tock-based Compensation The Company has two 2006 “2006 2014 “2014 2014 2014 may no 2006 2014 may may may The 2014 2014 not ten 10 2014 581,000 2014 September 30, 2018. Stock-based compensation expense is calculated according to FASB ASC Topic 718, Compensation – Stock Compensation $87,000 $135,000 three September 30, 2018 October 1, 2017, $197,000 $277,000 six September 30, 2018 October 1, 2017, No September 30, 2018. Stock Options: six September 30, 2018 October 1, 2017: Six-Month Periods Ended September 30, 2018 October 1, 2017 Weighted- Weighted- Average Number of Average Number of Exercise Options Exercise Options Price Outstanding Price Outstanding Outstanding at Beginning of Period $ 7.93 395,000 $ 8.35 322,500 Granted 5.90 110,000 7.41 130,000 Forfeited 7.83 (47,500 ) 9.01 (52,500 ) Outstanding at End of Period 7.45 457,500 8.01 400,000 Exercisable at End of Period 8.06 287,500 7.99 230,000 As of September 30, 2018, $12,000 $11,000, no six September 30, 2018 October 1, 2017. 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 the six September 30, 2018 October 1, 2017, two Six-Month Periods Ended September 30, 2018 October 1, 2017 Number of options issued 110,000 20,000 110,000 Grant date June 13, 2018 August 4, 2017 June 8, 2017 Dividend yield 5.42 % 5.77 % 4.13 % Expected volatility 25.00 % 25.00 % 25.00 % Risk free interest rate 2.78 % 1.51 % 1.47 % Contractual term (years) 10.00 10.00 10.00 Expected term (years) 4.00 3.00 3.00 Forfeiture rate 5.00 % 5.00 % 5.00 % Exercise price (grant-date closing price) per option $ 5.90 $ 5.55 $ 7.75 Fair value per option $ 0.49 $ 0.50 $ 0.85 For the three September 30, 2018 October 1, 2017, Three-Month Period Ended September 30, 2018 Three-Month Period Ended October 1, 2017 Cost of Marketing & Cost of Marketing & Products Administrative Total Products Administrative Total Options Granted in Fiscal Year Sold Expenses Expense Sold Expenses Expense 2017 $ - $ - $ - $ 6 $ 5 $ 11 2018 3 5 8 4 6 10 2019 3 3 6 - - - Total stock option compensation $ 6 $ 8 $ 14 $ 10 $ 11 $ 21 For the six September 30, 2018 October 1, 2017, Six-Month Period Ended September 30, 2018 Six-Month Period Ended October 1, 2017 Cost of Marketing & Cost of Marketing & Products Administrative Total Products Administrative Total Options Granted in Fiscal Year Sold Expenses Expense Sold Expenses Expense 2016 $ - $ - $ - $ 6 $ 1 $ 7 2017 6 5 11 16 7 23 2018 10 13 23 6 7 13 2019 3 4 7 - - - Total stock option compensation $ 19 $ 22 $ 41 $ 28 $ 15 $ 43 As of September 30, 2018, $79,000, 12.2 Non-vested Stock Granted to None mployee Directors: Number of Shares Fair Value per Share Grant Date 28,000 $ 5.43 August 8, 2018 28,000 5.50 August 9, 2017 28,000 10.08 August 10, 2016 28,000 8.20 August 12, 2015 These shares vest over a two August 2018 2017, 28,000 $151,000 $157,000, Performance Bonus Plan: may 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 2016 201 7 201 8 201 9 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 six -month periods ended Fiscal September 30 , 201 8 October 1 , 201 7 Year Shares Shares Aggregate Taxes Shares Aggregate Taxes Granted Granted Vested Value Remitted Vested Value Remitted 2017 41,205 20,601 $ 122,000 $ 39,000 20,604 $ 167,000 $ 56,000 2018 42,250 21,125 124,000 56,000 - - - Total 41,726 $ 246,000 $ 95,000 20,604 $ 167,000 $ 56,000 For the three six September 30, 2018 October 1, 2017, Three-Month Period Ended September 30, 2018 Three-Month Period Ended October 1, 2017 Nonemployee Total Nonemployee Total Stock Granted in Fiscal Year Employees Directors Expense Employees Directors Expense 2016 $ - $ - $ - $ - $ 9 $ 9 2017 - 12 12 27 36 63 2018 29 20 49 29 13 42 2019 - 12 12 - - - Total stock grant compensation $ 29 $ 44 $ 73 $ 56 $ 58 $ 114 Six-Month Period Ended September 30, 2018 Six-Month Period Ended October 1, 2017 Non-employee Total Non-employee Total Stock Granted in Fiscal Year Employees Directors Expense Employees Directors Expense 2016 $ - $ - $ - $ - $ 38 $ 38 2017 - 47 47 54 71 125 2018 58 39 97 58 13 71 2019 - 12 12 - - - Total stock grant compensation $ 58 $ 98 $ 156 $ 112 $ 122 $ 234 As of September 30, 2018, $262,000, 10.5

Note 7 - Related Party Transact

Note 7 - Related Party Transaction	6 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 7 – Related Party Transaction On August 4, 2017, $24,000 $48,000 three six September 30, 2018, three six September 30, 2018, $20,000 $40,000, $4,000 $8,000,

Note 8 - Subsequent Events

Note 8 - Subsequent Events	6 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Subsequent Events [Text Block]	N ote 8 – Subsequent Event s The Company has evaluated events which have occurred between September 30, 2018 no

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Sep. 30, 2018
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 September 30, 2018 three six September 30, 2018 not may March 31, 2019. 10 April 1, 2018.
Fiscal Period, Policy [Policy Text Block]	Fiscal Year: March 31. 2019” “2019” 52 March 31, 2019 2018” “2018” 52 April 1, 2018.
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 certain Financing Agreement between the Company, its wholly-owned subsidiaries (together with the Company, the “Borrowers”) and The CIT Group/Commercial Services, Inc. (“CIT”), a subsidiary of CIT Group, Inc. (as amended from time to time, the “CIT Financing Agreement”). The Company classifies a negative balance outstanding under the 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 : $348,000 $331,000 three September 30, 2018 October 1, 2017, $673,000 $550,000 six September 30, 2018 October 1, 2017,
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition: A provision for anticipated returns, which are based upon historical returns and claims, is provided through a reduction of net sales and cost of products sold in the reporting period within which the related sales are recorded. Actual returns and claims experienced in a future period may may The Company recognizes revenue associated with unredeemed store credits and gift certificates at the earlier of their redemption by customers, their expiration or when their likelihood of redemption becomes remote, which is generally two Revenue from sales made directly to consumers is recorded when the shipped products have been received by customers, and excludes sales taxes collected on behalf of governmental entities. Revenue from sales made to retailers is recorded when legal title has been passed to the customer based upon the terms of the customer’s purchase order, the Company’s sales invoice, or other associated relevant documents. Such terms usually stipulate that legal title will pass when the shipped products are no “ Segment and Related Information ” 1
Receivables, Policy [Policy Text Block]	Allowances Against Accounts Receivable no Uncollectible Accounts: April 2, 2018, April 2, 2018, three six October 1, 2017, $25,000.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Credit Concentration: September 30, 2018 $16.7 $672,000. $14.8
Other Accrued Liabilities [Policy Text Block]	Other Accrued Liabilities: $456,000 September 30, 2018. $257,000 September 30, 2018 $13,000 $15,000.
Segment Reporting, Policy [Policy Text Block]	Segment and Related Information: one three six September 30, 2018 October 1, 2017 Three-Month Periods Ended Six-Month Periods Ended September 30, 2018 October 1, 2017 September 30, 2018 October 1, 2017 Bedding, blankets and accessories $ 11,535 $ 10,432 $ 20,056 $ 18,856 Bibs, bath, developmental toy, feeding, baby care and disposable products 9,001 6,029 15,940 11,252 Total net sales $ 20,536 $ 16,461 $ 35,996 $ 30,108
Inventory, Policy [Policy Text Block]	Inventory Valuation: first first The indirect charges and their allocation to the Company’s finished goods inventory are determined 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. 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
Revenue Recognition, Services, Royalty Fees [Policy Text Block]	Royalty Payments: $1.4 $1.9 three September 30, 2018 October 1, 2017, $2.4 $3.2 six September 30, 2018 October 1, 2017,
Depreciation, Depletion, and Amortization [Policy Text Block]	Depreciation and Amortization: three eight five twenty
Goodwill and Intangible Assets, Policy [Policy Text Block]	Valuation of Long-Lived Assets and Identifiable Intangible Assets: may not
Intangible Assets, Finite-Lived, Policy [Policy Text Block]	Patent Costs:
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	Purchase Price Allocations and the Resulting Goodwill: The amount of goodwill recorded in a business combination can vary significantly depending upon the values attributed to the assets acquired and liabilities assumed. Although goodwill has no not first not one If, after assessing the totality of events or circumstances described above, the Company determines that it is more likely than not may not
Income Tax, Policy [Policy Text Block]	Provision for Income Taxes: six September 30, 2018 October 1, 2017 23.4% 36.0%, 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 audit or other adjustment as of September 30, 2018 April 1, 2018, April 2, 2017, April 3, 2016, March 29, 2015, March 30, 2014, March 31, 2013, April 1, 2012 April 3, 2011. 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% In evaluating the process regarding the calculation of the state portion of its income tax provision, the Company has taken a tax position that reflects opportunities for more favorable state apportionment percentages, which were then applied to several prior fiscal years and to succeeding fiscal years. After considering all relevant information, the Company believes that the technical merits of this tax position would more likely than not $56,000 $18,000 three September 30, 2018 October 1, 2017, $59,000 $29,000 six September 30, 2018 October 1, 2017, The Company’s policy is to accrue interest expense and penalties as appropriate on estimated unrecognized tax benefits as a charge to interest expense in the Company’s consolidated statements of income. Interest expense and penalties are not three September 30, 2018 October 1, 2017 $21,000 $15,000, six September 30, 2018 October 1, 2017 $46,000 $35,000, During the three September 30, 2018 October 1, 2017, $17,000 $37,000, six September 30, 2018 October 1, 2017, $12,000 $23,000, The ETR on continuing operations and the discrete income tax charges and benefits set forth above resulted in an overall provision for income taxes of 26.0% 36.1% six September 30, 2018 October 1, 2017,
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 No. 2014 09 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. No. 2014 09 April 2, 2018 ASU No. 2014 09 No. 2014 09 “Revenue Recognition,” “Allowances Against Accounts Receivable” “Uncollectible Accounts” 1 No. 2014 09 not On February 25, 2016, No. 2016 02, Leases (Topic 842 No. 2016 02, No. 2016 02 first December 15, 2018. When issued, ASU No. 2016 02 July 30, 2018 No. 2018 11, Leases (Topic 842 No. 2016 02. Although early adoption of ASU No. 2016 02 No. 2018 11 No. 2016 02 April 1, 2019. not No. 2016 02 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 No. 2016 13 not No. 2016 13 On June 20, 2018, No. 2018 07, Compensation – Stock Compensation (Topic 718 718 No. 2018 07 No. 2018 07. ASU No. 2018 07 first December 15, 2018. No. 2018 07 April 1, 2019 not The Company has determined that all other ASUs which had become effective as of September 30, 2018, not

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three-Month Periods Ended Six-Month Periods Ended September 30, 2018 October 1, 2017 September 30, 2018 October 1, 2017 Bedding, blankets and accessories $ 11,535 $ 10,432 $ 20,056 $ 18,856 Bibs, bath, developmental toy, feeding, baby care and disposable products 9,001 6,029 15,940 11,252 Total net sales $ 20,536 $ 16,461 $ 35,996 $ 30,108

Note 2 - Acquisitions (Tables)

Note 2 - Acquisitions (Tables)	6 Months Ended
	Sep. 30, 2018
Sassy Acquisition [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Tangible assets: Inventory $ 3,297 Prepaid expenses 120 Fixed assets 383 Total tangible assets 3,800 Amortizable intangible assets: Tradename 580 Customer relationships 1,840 Total amortizable intangible assets 2,420 Goodwill 320 Total acquired assets 6,540 Liabilities assumed: Accrued wages 20 Net acquisition cost $ 6,520
Carousel Designs, LLC. Acquisition [Member]
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 1,100 Developed technology 1,100 Non-compete covenants 360 Total amortizable intangible assets 2,560 Goodwill 5,679 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 R_2

Note 3 - Goodwill, Customer Relationships and Other Intangible Assets (Tables)	6 Months Ended
	Sep. 30, 2018
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 September 30, April 1, September 30, April 1, September 30, October 1, September 30, October 1, 2018 2018 2018 2018 2018 2017 2018 2017 Tradename and trademarks $ 3,667 $ 3,667 $ 1,379 $ 1,270 $ 61 $ 54 $ 109 $ 88 Developed technology 1,100 1,100 128 73 28 18 55 18 Non-compete covenants 458 458 161 122 19 13 39 15 Patents 1,601 1,601 727 673 27 27 54 54 Customer relationships 7,374 7,374 4,947 4,790 79 128 157 254 Total other intangible assets $ 14,200 $ 14,200 $ 7,342 $ 6,928 $ 214 $ 240 $ 414 $ 429 Classification within the accompanying unaudited condensed consolidated statements of income: Cost of products sold $ 1 $ 1 $ 3 $ 3 Marketing and administrative expenses 213 239 411 426 Total amortization expense $ 214 $ 240 $ 414 $ 429

Note 4 - Inventories (Tables)

Note 4 - Inventories (Tables)	6 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Inventory, Current [Table Text Block]	September 30, 2018 April 1, 2018 Raw Materials $ 1,035 $ 875 Work in Process 67 134 Finished Goods 18,678 18,779 Total inventory $ 19,780 $ 19,788

Note 6 - Stock-based Compensa_2

Note 6 - Stock-based Compensation (Tables)	6 Months Ended
	Sep. 30, 2018
Notes Tables
Share-based Compensation, Stock Options, Activity [Table Text Block]	Six-Month Periods Ended September 30, 2018 October 1, 2017 Weighted- Weighted- Average Number of Average Number of Exercise Options Exercise Options Price Outstanding Price Outstanding Outstanding at Beginning of Period $ 7.93 395,000 $ 8.35 322,500 Granted 5.90 110,000 7.41 130,000 Forfeited 7.83 (47,500 ) 9.01 (52,500 ) Outstanding at End of Period 7.45 457,500 8.01 400,000 Exercisable at End of Period 8.06 287,500 7.99 230,000
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Six-Month Periods Ended September 30, 2018 October 1, 2017 Number of options issued 110,000 20,000 110,000 Grant date June 13, 2018 August 4, 2017 June 8, 2017 Dividend yield 5.42 % 5.77 % 4.13 % Expected volatility 25.00 % 25.00 % 25.00 % Risk free interest rate 2.78 % 1.51 % 1.47 % Contractual term (years) 10.00 10.00 10.00 Expected term (years) 4.00 3.00 3.00 Forfeiture rate 5.00 % 5.00 % 5.00 % Exercise price (grant-date closing price) per option $ 5.90 $ 5.55 $ 7.75 Fair value per option $ 0.49 $ 0.50 $ 0.85
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	Three-Month Period Ended September 30, 2018 Three-Month Period Ended October 1, 2017 Cost of Marketing & Cost of Marketing & Products Administrative Total Products Administrative Total Options Granted in Fiscal Year Sold Expenses Expense Sold Expenses Expense 2017 $ - $ - $ - $ 6 $ 5 $ 11 2018 3 5 8 4 6 10 2019 3 3 6 - - - Total stock option compensation $ 6 $ 8 $ 14 $ 10 $ 11 $ 21 Six-Month Period Ended September 30, 2018 Six-Month Period Ended October 1, 2017 Cost of Marketing & Cost of Marketing & Products Administrative Total Products Administrative Total Options Granted in Fiscal Year Sold Expenses Expense Sold Expenses Expense 2016 $ - $ - $ - $ 6 $ 1 $ 7 2017 6 5 11 16 7 23 2018 10 13 23 6 7 13 2019 3 4 7 - - - Total stock option compensation $ 19 $ 22 $ 41 $ 28 $ 15 $ 43
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 $ 5.43 August 8, 2018 28,000 5.50 August 9, 2017 28,000 10.08 August 10, 2016 28,000 8.20 August 12, 2015
Schedule of Nonvested Share Activity [Table Text Block]	Three-Month Period Ended September 30, 2018 Three-Month Period Ended October 1, 2017 Nonemployee Total Nonemployee Total Stock Granted in Fiscal Year Employees Directors Expense Employees Directors Expense 2016 $ - $ - $ - $ - $ 9 $ 9 2017 - 12 12 27 36 63 2018 29 20 49 29 13 42 2019 - 12 12 - - - Total stock grant compensation $ 29 $ 44 $ 73 $ 56 $ 58 $ 114 Six-Month Period Ended September 30, 2018 Six-Month Period Ended October 1, 2017 Non-employee Total Non-employee Total Stock Granted in Fiscal Year Employees Directors Expense Employees Directors Expense 2016 $ - $ - $ - $ - $ 38 $ 38 2017 - 47 47 54 71 125 2018 58 39 97 58 13 71 2019 - 12 12 - - - Total stock grant compensation $ 58 $ 98 $ 156 $ 112 $ 122 $ 234
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 2016 201 7 201 8 201 9 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 six -month periods ended Fiscal September 30 , 201 8 October 1 , 201 7 Year Shares Shares Aggregate Taxes Shares Aggregate Taxes Granted Granted Vested Value Remitted Vested Value Remitted 2017 41,205 20,601 $ 122,000 $ 39,000 20,604 $ 167,000 $ 56,000 2018 42,250 21,125 124,000 56,000 - - - Total 41,726 $ 246,000 $ 95,000 20,604 $ 167,000 $ 56,000

Note 1 - Summary of Significa_3

Note 1 - Summary of Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017	Mar. 31, 2019	Apr. 01, 2018
Provision for Doubtful Accounts		$ 25,000		$ 25,000
Accounts Receivable, Net, Current, Total	$ 16,700,000		$ 16,700,000
Allowance for Doubtful Accounts Receivable, Current, Ending Balance	672,000		672,000
Due From Factor	14,820,000		14,820,000			$ 15,447,000
Other Accrued Liabilities, Current	456,000		$ 456,000			$ 540,000
Number of Operating Segments			1
Cost of Goods and Services Sold, Total	14,166,000	11,439,000	$ 25,498,000	$ 21,484,000
Estimated Effective Income Tax Rate Reconciliation, Percent			26.00%	36.10%		36.00%
Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions	56,000	18,000	$ 59,000	$ 29,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense, Total	21,000	15,000	46,000	35,000
Income Tax Expense (Benefit), Reserve for Unrecognized Tax Benefits, Net Discrete Charge	17,000	37,000	$ 12,000	(23,000)
Scenario, Forecast [Member]
Estimated Effective Income Tax Rate Reconciliation, Percent					23.40%
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
Royalty [Member]
Cost of Goods and Services Sold, Total	1,400,000	1,900,000	$ 2,400,000	3,200,000
Other Accrued Liabilities [Member] | Up-front Payment Arrangement [Member]
Deferred Revenue, Current	257,000		257,000
Other Accrued Liabilities [Member] | Customer Returns [Member]
Deferred Revenue, Current	13,000		13,000
Other Accrued Liabilities [Member] | Store Credits and Gift Certificates [Member]
Deferred Revenue, Current	15,000		15,000
Selling, General and Administrative Expenses [Member]
Advertising Expense	$ 348,000	$ 331,000	$ 673,000	$ 550,000

Note 1 - Summary of Significa_4

Note 1 - Summary of Significant Accounting Policies - Segment and Related Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Net sales	$ 20,536	$ 16,461	$ 35,996	$ 30,108
Bedding, Blankets, And Accessories [Member]
Net sales	11,535	10,432	20,056	18,856
Bibs, Bath, And Disposable Products [Member]
Net sales	$ 9,001	$ 6,029	$ 15,940	$ 11,252

Note 2 - Acquisitions (Details

Note 2 - Acquisitions (Details Textual) - USD ($)	Dec. 15, 2017	Aug. 04, 2017	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017	Apr. 01, 2018
Payments to Acquire Businesses, Gross						$ 8,725,000
Repayments of Long-term Capital Lease Obligations						845,000
Goodwill, Ending Balance			$ 7,125,000		7,125,000		$ 7,125,000
Amortization of Intangible Assets, Total			214,000	$ 240,000	414,000	429,000
Noncompete Agreements [Member]
Amortization of Intangible Assets, Total			19,000	13,000	39,000	15,000
Customer Relationships [Member]
Amortization of Intangible Assets, Total			79,000	128,000	157,000	254,000
Selling, General and Administrative Expenses [Member]
Amortization of Intangible Assets, Total			213,000	$ 239,000	411,000	$ 426,000
Carousel Designs, LLC. Acquisition [Member]
Payments to Acquire Businesses, Gross		$ 8,700,000
Repayments of Long-term Capital Lease Obligations		845,000
Goodwill, Ending Balance		$ 5,679,000
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual			1,800,000		$ 3,600,000
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life					11 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]
Amortization of Intangible Assets, Total			64,000		$ 114,000
Sassy Acquisition [Member]
Payments to Acquire Businesses, Gross	$ 6,500,000
Goodwill, Ending Balance	$ 320,000
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual			2,800,000		$ 5,000,000
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life					11 years
Sassy Acquisition [Member] | Trade Names [Member]
Finite-Lived Intangible Asset, Useful Life					15 years
Sassy Acquisition [Member] | Customer Relationships [Member]
Finite-Lived Intangible Asset, Useful Life					10 years
Sassy Acquisition [Member] | Selling, General and Administrative Expenses [Member]
Amortization of Intangible Assets, Total			$ 56,000		$ 111,000

Note 2 - Acquisitions - Assets

Note 2 - Acquisitions - Assets Acquired and Liabilities Assumed for Carousel Designs LLC (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Apr. 01, 2018	Aug. 04, 2017
Goodwill, Ending Balance	$ 7,125	$ 7,125
Carousel Designs, LLC. Acquisition [Member]
Inventory			$ 967
Prepaid expenses			5
Fixed assets			1,068
Total tangible assets			2,040
Amortizable intangible assets			2,560
Goodwill, Ending Balance			5,679
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]
Amortizable intangible assets			1,100
Carousel Designs, LLC. Acquisition [Member] | Developed Technology Rights [Member]
Amortizable intangible assets			1,100
Carousel Designs, LLC. Acquisition [Member] | Noncompete Agreements [Member]
Amortizable intangible assets			$ 360

Note 2 - Acquisitions - Asset_2

Note 2 - Acquisitions - Assets Acquired and Liabilities Assumed for Sassy (Details) - USD ($)	Sep. 30, 2018	Apr. 01, 2018	Dec. 15, 2017
Goodwill, Ending Balance	$ 7,125,000	$ 7,125,000
Sassy Acquisition [Member]
Inventory			$ 3,297,000
Prepaid expenses			120,000
Fixed assets			383,000
Total tangible assets			3,800,000
Amortizable intangible assets			2,420,000
Goodwill, Ending Balance			320,000
Total acquired assets			6,540,000
Accrued wages			20,000
Net acquisition cost			6,520,000
Sassy Acquisition [Member] | Trade Names [Member]
Amortizable intangible assets			580,000
Sassy Acquisition [Member] | Customer Relationships [Member]
Amortizable intangible assets			$ 1,840,000

Note 3 - Goodwill, Customer R_3

Note 3 - Goodwill, Customer Relationships and Other Intangible Assets (Details Textual) $ in Thousands	6 Months Ended
	Sep. 30, 2018USD ($)	Apr. 02, 2018USD ($)	Apr. 01, 2018USD ($)
Number of Reportable Segments	2
Goodwill, Gross	$ 30,000		$ 30,000
Goodwill, Impaired, Accumulated Impairment Loss	22,900	$ 0	22,900
Goodwill, Ending Balance	$ 7,125		$ 7,125

Note 3 - Goodwill, Customer R_4

Note 3 - Goodwill, Customer Relationships and Other Intangible Assets - Other Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017	Apr. 01, 2018
Finite-lived intangible assets, gross amount	$ 14,200		$ 14,200		$ 14,200
Finite-lived intangible assets, accumulated amortization	7,342		7,342		6,928
Amortization expense	214	$ 240	414	$ 429
Amortization of intangibles	214	240	414	429
Cost of Sales [Member]
Amortization expense	1	1	3	3
Amortization of intangibles	1	1	3	3
Selling, General and Administrative Expenses [Member]
Amortization expense	213	239	411	426
Amortization of intangibles	213	239	411	426
Trademarks and Trade Names [Member]
Finite-lived intangible assets, gross amount	3,667		3,667		3,667
Finite-lived intangible assets, accumulated amortization	1,379		1,379		1,270
Amortization expense	61	54	109	88
Amortization of intangibles	61	54	109	88
Developed Technology [Member]
Finite-lived intangible assets, gross amount	1,100		1,100		1,100
Finite-lived intangible assets, accumulated amortization	128		128		73
Amortization expense	28	18	55	18
Amortization of intangibles	28	18	55	18
Noncompete Agreements [Member]
Finite-lived intangible assets, gross amount	458		458		458
Finite-lived intangible assets, accumulated amortization	161		161		122
Amortization expense	19	13	39	15
Amortization of intangibles	19	13	39	15
Patents [Member]
Finite-lived intangible assets, gross amount	1,601		1,601		1,601
Finite-lived intangible assets, accumulated amortization	727		727		673
Amortization expense	27	27	54	54
Amortization of intangibles	27	27	54	54
Customer Relationships [Member]
Finite-lived intangible assets, gross amount	7,374		7,374		7,374
Finite-lived intangible assets, accumulated amortization	4,947		4,947		$ 4,790
Amortization expense	79	128	157	254
Amortization of intangibles	$ 79	$ 128	$ 157	$ 254

Note 4 - Inventories - Componen

Note 4 - Inventories - Components of Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Apr. 01, 2018
Raw Materials	$ 1,035	$ 875
Work in Process	67	134
Finished Goods	18,678	18,779
Total inventory	$ 19,780	$ 19,788

Note 5 - Financing Arrangemen_2

Note 5 - Financing Arrangements (Details Textual) - USD ($)	Sep. 19, 2017	May 16, 2017	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017	Apr. 01, 2018	Sep. 18, 2017
Selling, General and Administrative Expense, Total			$ 3,827,000	$ 3,807,000	$ 7,512,000	$ 6,708,000
Line of Credit Facility, Remaining Borrowing Capacity			18,500,000		18,500,000		$ 13,200,000
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity			26,000,000		26,000,000
Long-term Line of Credit, Total			4,400,000		4,400,000		9,500,000
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					1.75%
Debt Instrument, Interest Rate, Effective Percentage			3.86%		3.86%
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, Total			72,000	50,000	128,000	115,000
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, Total				416,000		$ 480,000
Chase Bank N.A. [Member] | Master Stand-by Claims Purchase Agreement [Member] | Other Accounts Receivable [Member]
Accounts Receivable, Net, Total			$ 746,000		$ 746,000			$ 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
Selling, General and Administrative Expense, Total				$ 11,000

Note 6 - Stock-based Compensa_3

Note 6 - Stock-based Compensation (Details Textual) - USD ($)	1 Months Ended		3 Months Ended		6 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Allocated Share-based Compensation Expense, Total			$ 87,000	$ 135,000	$ 197,000	$ 277,000
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			12,000		12,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value			11,000		$ 11,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period					0	0
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition					315 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period					41,726	20,604
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value					$ 246,000	$ 167,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total			262,000		262,000
Employee Stock Option [Member]
Allocated Share-based Compensation Expense, Total			14,000	$ 21,000	$ 41,000	$ 43,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period					2 years	2 years
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options			$ 79,000		$ 79,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition					1 year 6 days
Employee Stock Option [Member] | Non Employee Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period					2 years
Restricted Stock [Member] | Non Employee Directors [Member]
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	$ 151,000	$ 157,000
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
The 2014 Omnibus Equity Compensation Plan [Member]
Common Stock, Capital Shares Reserved for Future Issuance			581,000		581,000
The 2014 Omnibus Equity Compensation Plan [Member] | Employee Stock Option [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period					10 years

Note 6 - Stock-based Compensa_4

Note 6 - Stock-based Compensation - Stock Option Activity (Details) - $ / shares	6 Months Ended
	Sep. 30, 2018	Oct. 01, 2017
Outstanding, Weighted-average exercise price, beginning balance (in dollars per share)	$ 7.93	$ 8.35
Outstanding, Shares, beginning balance (in shares)	395,000	322,500
Granted, Weighted-average exercise price (in dollars per share)	$ 5.90	$ 7.41
Number of options issued (in shares)	110,000	130,000
Forfeited, Weighted-average exercise price (in dollars per share)	$ 7.83	$ 9.01
Forfeited, Shares (in shares)	(47,500)	(52,500)
Outstanding, Weighted-average exercise price, ending balance (in dollars per share)	$ 7.45	$ 8.01
Outstanding, Shares, ending balance (in shares)	457,500	400,000
Exercisable, Weighted-average exercise price (in dollars per share)	$ 8.06	$ 7.99
Exercisable, Shares (in shares)	287,500	230,000

Note 6 - Stock-based Compensa_5

Note 6 - Stock-based Compensation - Estimated Fair Value of Stock Options Assumptions (Details) - $ / shares	6 Months Ended
	Sep. 30, 2018	Oct. 01, 2017
Number of options issued (in shares)	110,000	130,000
June 13, 2018 [Member]
Number of options issued (in shares)	110,000
Grant date	Jun. 13, 2018
Dividend yield	5.42%
Expected volatility	25.00%
Risk free interest rate	2.78%
Contractual term (years) (Year)	10 years
Expected term (years) (Year)	4 years
Forfeiture rate	5.00%
Exercise price (grant-date closing price) per option (in dollars per share)	$ 5.90
Fair value per option (in dollars per share)	$ 0.49
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 Compensa_6

Note 6 - Stock-based Compensation - Stock Option Compensation (Details) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Allocated share-based compensation	$ 87,000	$ 135,000	$ 197,000	$ 277,000
Employee Stock Option [Member]
Allocated share-based compensation	14,000	21,000	41,000	43,000
Employee Stock Option [Member] | Cost of Sales [Member]
Allocated share-based compensation	6,000	10,000	19,000	28,000
Employee Stock Option [Member] | Selling, General and Administrative Expenses [Member]
Allocated share-based compensation	8,000	11,000	22,000	15,000
Employee Stock Option [Member] | Fiscal Year 2017 [Member]
Allocated share-based compensation		11,000	11,000	23,000
Employee Stock Option [Member] | Fiscal Year 2017 [Member] | Cost of Sales [Member]
Allocated share-based compensation		6,000	6,000	16,000
Employee Stock Option [Member] | Fiscal Year 2017 [Member] | Selling, General and Administrative Expenses [Member]
Allocated share-based compensation		5,000	5,000	7,000
Employee Stock Option [Member] | Fiscal Year 2016 [Member]
Allocated share-based compensation				7,000
Employee Stock Option [Member] | Fiscal Year 2016 [Member] | Cost of Sales [Member]
Allocated share-based compensation				6,000
Employee Stock Option [Member] | Fiscal Year 2016 [Member] | Selling, General and Administrative Expenses [Member]
Allocated share-based compensation				1,000
Employee Stock Option [Member] | Fiscal Year 2018 [Member]
Allocated share-based compensation	8,000	10,000	23,000	13,000
Employee Stock Option [Member] | Fiscal Year 2018 [Member] | Cost of Sales [Member]
Allocated share-based compensation	3,000	4,000	10,000	6,000
Employee Stock Option [Member] | Fiscal Year 2018 [Member] | Selling, General and Administrative Expenses [Member]
Allocated share-based compensation	5,000	6,000	13,000	7,000
Employee Stock Option [Member] | Fiscal Year 2019 [Member]
Allocated share-based compensation	6,000		7,000
Employee Stock Option [Member] | Fiscal Year 2019 [Member] | Cost of Sales [Member]
Allocated share-based compensation	3,000		3,000
Employee Stock Option [Member] | Fiscal Year 2019 [Member] | Selling, General and Administrative Expenses [Member]
Allocated share-based compensation	$ 3,000		$ 4,000

Note 6 - Stock-based Compensa_7

Note 6 - Stock-based Compensation - Non-vested Stock to Directors (Details) - Non Employee Directors [Member] - Non-vested Stock Grants [Member]	6 Months Ended
	Sep. 30, 2018$ / sharesshares
August 8, 2018 [Member]
Fair Value Per Share (in dollars per share) | $ / shares	$ 5.43
Number of Shares (in shares) | shares	28,000
August 9 2017 [Member]
Fair Value Per Share (in dollars per share) | $ / shares	$ 5.50
Number of Shares (in shares) | shares	28,000
August 10, 2016 [Member]
Fair Value Per Share (in dollars per share) | $ / shares	$ 10.08
Number of Shares (in shares) | shares	28,000
August 12, 2015 [Member]
Fair Value Per Share (in dollars per share) | $ / shares	$ 8.20
Number of Shares (in shares) | shares	28,000

Note 6 - Stock-based Compensa_8

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
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017	Apr. 01, 2018	Apr. 02, 2017	Apr. 03, 2016
Allocated share-based compensation	$ 87,000	$ 135,000	$ 197,000	$ 277,000
Shares Vested (in shares)			41,726	20,604
Shares Vested, Aggregate Value			$ 246,000	$ 167,000
Shares Vested, Taxes Remitted			$ 95,000	$ 56,000
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	$ 108,000
Shares Vested (in shares)			20,601	20,604
Shares Vested, Aggregate Value			$ 122,000	$ 167,000
Shares Vested, Taxes Remitted			$ 39,000	$ 56,000
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		$ 116,000	$ 116,000
Shares Vested (in shares)			21,125
Shares Vested, Aggregate Value			$ 124,000
Shares Vested, Taxes Remitted			$ 56,000

Note 6 - Stock-based Compensa_9

Note 6 - Stock-based Compensation - Compensation Expense Associated with Non-vested Stock Grants (Details) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Allocated share-based compensation	$ 87,000	$ 135,000	$ 197,000	$ 277,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member]
Allocated share-based compensation	73,000	114,000	156,000	234,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Employee [Member]
Allocated share-based compensation	29,000	56,000	58,000	112,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Non Employee Directors [Member]
Allocated share-based compensation	44,000	58,000	98,000	122,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2016 [Member]
Allocated share-based compensation		9,000		38,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2016 [Member] | Employee [Member]
Allocated share-based compensation
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		38,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2017 [Member]
Allocated share-based compensation	12,000	63,000	47,000	125,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2017 [Member] | Employee [Member]
Allocated share-based compensation		27,000		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	12,000	36,000	47,000	71,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2018 [Member]
Allocated share-based compensation	49,000	42,000	97,000	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	29,000	58,000	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	20,000	13,000	39,000	13,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2019 [Member]
Allocated share-based compensation	12,000		12,000
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2019 [Member] | Employee [Member]
Allocated share-based compensation
Selling, General and Administrative Expenses [Member] | Non-vested Stock Grants [Member] | Fiscal Year 2019 [Member] | Non Employee Directors [Member]
Allocated share-based compensation	$ 12,000		$ 12,000

Note 7 - Related Party Transa_2

Note 7 - Related Party Transaction (Details Textual) - USD ($)	3 Months Ended	6 Months Ended
	Sep. 30, 2018	Sep. 30, 2018
Operating Leases, Rent Expense, Net, Total	$ 24,000	$ 48,000
JST Capital LLC [Member] | Carousel Facilities [Member] | Cost of Sales [Member]
Operating Leases, Rent Expense, Net, Total	20,000	40,000
JST Capital LLC [Member] | Carousel Facilities [Member] | Selling, General and Administrative Expenses [Member]
Operating Leases, Rent Expense, Net, Total	$ 4,000	$ 8,000