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<SEC-DOCUMENT>0001019056-06-000244.txt : 20060307
<SEC-HEADER>0001019056-06-000244.hdr.sgml : 20060307
<ACCEPTANCE-DATETIME>20060307103324
ACCESSION NUMBER:		0001019056-06-000244
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20060307
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20060307
DATE AS OF CHANGE:		20060307

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ESCALADE INC
		CENTRAL INDEX KEY:			0000033488
		STANDARD INDUSTRIAL CLASSIFICATION:	 [3949]
		IRS NUMBER:				132739290
		STATE OF INCORPORATION:			IN
		FISCAL YEAR END:			1226

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-06966
		FILM NUMBER:		06668971

	BUSINESS ADDRESS:	
		STREET 1:		251 WEDCOR AVE
		CITY:			WABASH
		STATE:			IN
		ZIP:			46992
		BUSINESS PHONE:		2605697233

	MAIL ADDRESS:	
		STREET 1:		251 WEDCOR AVE
		CITY:			WABASH
		STATE:			IN
		ZIP:			46992

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MARTIN YALE BUSINESS MACHINES CORP
		DATE OF NAME CHANGE:	19820310

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MARTIN YALE INDUSTRIES INC
		DATE OF NAME CHANGE:	19720306

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WILLIAMS MANUFACTURING CO
		DATE OF NAME CHANGE:	19710504
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>escalade_8k.txt
<DESCRIPTION>FORM 8-K
<TEXT>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                    FORM 8-K


                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


Date of report (Date of earliest event reported)      March 07, 2006
                                                 -------------------------------


                              ESCALADE, INCORPRATED
- --------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in Its Charter)


                                     Indiana
- --------------------------------------------------------------------------------
                 (State or Other Jurisdiction of Incorporation)


             0-6996                                  13-2739290
- --------------------------------------------------------------------------------
    (Commission File Number)              (IRS Employer Identification No.)


    251 Wedcor Avenue, Wabash, Indiana 46992                     46992
- --------------------------------------------------------------------------------
    (Address of Principal Executive Offices)                   (Zip Code)


                                 (260) 569-7208
- --------------------------------------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)


- --------------------------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)


         Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))
<PAGE>

Section 1 - Registrant's Business and Operations

Item 1.01   Entry into a Material Definitive Agreement.

On March 6, 2006, the compensation committee met and reviewed the annual
compensation of Escalade key executives. The compensation committee then met
with the other independent directors and unanimously approved the following
annual base salaries for 2006:

   Officer                       Title                       Annual Base Salary
   -----------------------------------------------------------------------------
   C. W. (Bill) Reed             President and CEO                $275,000
   Terry Frandsen                VP Finance, CFO                  $175,000
   Robert Griffin                Chairman of Board                $ 52,000

In the same meeting the independent directors granted stock options under the
1997 Incentive Stock Option plan to Mr. Reed in the amount of 20,000 and Mr.
Frandsen in the amount of 25,000 shares. Under the terms of the option plan the
options vest in equal installments over a period of four years from the date of
grant. The exercise price is equal to the market closing price on the date of
grant.

Section 8 - Other Events

Item 8.01   Other Events.

On March 06, 2006, the Company issued a press release announcing that an annual
dividend of $0.20 would be paid to all shareholders of record on March 17, 2006
and disbursed on March 24, 2006.

Section 9 - Financial Statements and Exhibits

Item 9.01   Financial Statements and Exhibits

         (c)      Exhibits

         EXHIBIT
         NUMBER       DESCRIPTION
          99.1        Press release dated March 06, 2006


                                   SIGNATURES

         Pursuant to the requirements of the Securities Act of 1934, Escalade,
Incorporated has duly caused this report to be signed on its behalf in Wabash,
Indiana by the undersigned hereunto duly authorized.

Date:  March 07, 2006             ESCALADE, INCORPORATED

                                  By: /s/ TERRY D. FRANDSEN
                                      ------------------------------------------
                                      Vice President and Chief Financial Officer


                                       2
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99_1.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>

                                                                    EXHIBIT 99.1

PRESS RELEASE

ESCALADE ANNOUNCES DIVIDEND OF $0.20 PER SHARE

Wabash, IN (March 6, 2006) -- Escalade, Inc. (ESCA), announced that its Board of
Directors authorized the payment of a twenty cent ($0.20) per share dividend
payable March 24, 2006, to all shareholders of record on March 17, 2006.

C.W. (Bill) Reed, President and CEO, stated that "This represents a 33% increase
over the dividend paid last year and reflects the continued strong cash flow of
the business. We are confident that the cash flow in 2006 will be equally as
strong and adequate to support both a dividend and our operating capital
requirements."

The Company also announced that it has increased the amount available for
purchasing its own stock to $3,000,000 effective immediately. Since the
inception of this plan in 2003, the Board of Directors has twice restored the
balance available to its original $3,000,000 level. The total number of shares
purchased under this plan since inception is 449,964 shares for a total purchase
price of $4,220,239. Robert Griffin, Chairman of the Board, remarked that "The
Company continues to look for opportunities to enhance shareholder value. Buying
shares when the market appears to undervalue them is just one way to do this."
The Company announced that it would repurchase its shares on the open market as
well as in private negotiated transactions.

Escalade is a quality manufacturer and marketer of sporting goods and
office/graphic arts products sold worldwide. To obtain more information on the
Company and its products, visit our website at: www.EscaladeInc.com or contact
Terry Frandsen Vice President and CFO at 260/569-7208 or C.W. (Bill) Reed,
President and CEO at 260/569-7233.



FORWARD LOOKING STATEMENTS

This report contains forward-looking statements relating to present or future
trends or factors that are subject to risks and uncertainties. These risks,
include, but are not limited to, the impact of competitive products and pricing,
product demand and market acceptance, Escalade's ability to successfully
integrate the operations of acquired assets and businesses, new product
development, the continuation and development of key customer and supplier
relationships, Escalade's ability to control costs, general economic conditions,
fluctuations in operating results, changes in the securities markets and other
risks detailed from time to time in Escalade's filings with the Securities and
Exchange Commission. Escalade's future financial performance could differ
materially from the expectations of management contained herein. Escalade
undertakes no obligation to update these forward-looking statements after the
date of this report.

                                       3
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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