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Quarterly Results Of Operations
12 Months Ended
Dec. 29, 2012
Quarterly Results Of Operations [Abstract]  
Quarterly Results Of Operations

NOTE Q - QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

 

The following is a tabulation of the unaudited quarterly results of operations for the years ended December 29, 2012 and December 31, 2011.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(THOUSANDS EXCEPT PER SHARE DATA)

 

 

 

 

 

 

 

 

 

 

 

2012

 

MARCH 31

 

JUNE 30

 

SEPTEMBER 29

 

DECEMBER 29

Net Sales

 

$

41,946 

 

$

48,807 

 

$

43,396 

 

$

46,359 

Gross Profit

 

 

23,570 

 

 

27,814 

 

 

23,147 

 

 

24,779 

Net Income

 

 

1,538 

 

 

3,661 

 

 

2,039 

 

 

1,910 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income Per Share:

Basic

 

$
0.13 

 

 

$
0.30 

 

 

$
0.16 

 

 

$
0.15 

 

Diluted

 

$
0.12 

 

 

$
0.28 

 

 

$
0.15 

 

 

$
0.14 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Shares Outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for Basic Net Income Per Share

 

12,288 

 

 

12,397 

 

 

12,729 

 

 

12,612 

Effect of Dilutive Securities:

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalents

 

605 

 

 

580 

 

 

597 

 

 

711 

Denominator for Diluted Net Income Per Share

 

12,893 

 

 

12,977 

 

 

13,326 

 

 

13,323 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2011

 

APRIL 2

 

JULY 2

 

OCTOBER 1

 

DECEMBER 31

Net Sales

 

$

39,782 

 

$

47,768 

 

$

43,809 

 

$

43,278 

Gross Profit

 

 

23,165 

 

 

27,397 

 

 

23,509 

 

 

22,953 

Net Income

 

 

1,265 

 

 

3,159 

 

 

1,945 

 

 

1,941 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income Per Share:

Basic

 

$
0.10 

 

 

$
0.26 

 

 

$
0.16 

 

 

$
0.16 

 

Diluted

 

$
0.10 

 

 

$
0.24 

 

 

$
0.15 

 

 

$
0.15 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Shares Outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for Basic Net Income Per Share

 

12,113 

 

 

12,191 

 

 

12,244 

 

 

12,229 

Effect of Dilutive Securities:

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalents

 

778 

 

 

810 

 

 

796 

 

 

797 

Denominator for Diluted Net Income Per Share

 

12,891 

 

 

13,001 

 

 

13,040 

 

 

13,026