Note 6 - Earnings Per Share

6 Months Ended

Mar. 01, 2015

Notes to Financial Statements

Earnings Per Share [Text Block]

6. EARNINGS PER SHARE :

The following table sets forth the computation of basic and diluted earnings per share:

	Thirteen weeks ended				Twenty-Six weeks ended
	March 1,		February 23,		March 1,		February 23,
	2015		2014		2015		2014
Numerator for basic and diluted earnings per share:
Net income	$	455,602	$	258,243	$	622,239	$	602,774
Denominator
Denominator for basic earnings per share – weighted average shares		2,909,183		2,898,325		2,906,757		2,895,295
Effect of dilutive securities:
Employee and non-employee options		49,002		55,005		52,843		56,276
Dilutive common shares
Denominator for diluted earnings per share		2,958,185		2,953,330		2,959,600		2,951,571
Basic earnings per share	$	.16	$	.09	$	.21	$	.21
Diluted earnings per share	$	.15	$	.09	$	.21	$	.20