Note 10 - Per Share Data

12 Months Ended

Dec. 28, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

10.   PER SHARE DATA

The Company uses the treasury stock method to calculate the weighted-average shares used for diluted earnings per share. The number of common shares used to calculate basic and diluted earnings per share for fiscal years ended December 28, 2013 and December 29, 2012 was determined as follows:

	Fiscal Years Ended
	December 28, 2013		December 29, 2012
Basic weighted average shares outstanding		12,343,261		12,343,426
Dilutive effect of outstanding stock options		135,111		196,709
Weighted average dilutive shares outstanding		12,478,372		12,540,135

There were 97,500 absolute anti-dilutive shares not included in the calculation of common stock equivalents for both the fiscal year ended December 28, 2013 and December 29, 2012. These were determined to be anti-dilutive because the exercise prices of these shares for the period were higher than the average price of all shares for the same period.

Unissued shares of common stock were reserved for the following purposes:

	December 28, 2013		December 29, 2012
Exercise of options outstanding		276,900		307,400
Restricted stock awards outstanding		300,000		350,000
Future grants of options or shares		34,100		34,100
Shares reserved for employee stock purchase plan		189,576		247,752
Total		800,576		939,252