Note 10 - Per Share Data

3 Months Ended

Mar. 30, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

1 0 . 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 the

thirteen

week periods ended

March 30, 2019

and

March 31, 2018

was determined as follows:

	Thirteen Week Periods Ended
	March 30, 2019		March 31, 2018
Basic weighted average shares outstanding		12,856,533		12,238,760
Dilutive effect of outstanding restricted share units		44,301		18,747
Weighted average dilutive shares outstanding		12,900,834		12,257,507

For both the

thirteen

week periods ended

March 30, 2019

and

March 31, 2018,

there were

no

anti-dilutive shares

not

included in the calculation of common stock equivalents as there were

no

stock options outstanding. 

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

	March 30, 2019		December 29, 2018
Time-based restricted stock units outstanding		147,372		147,372
Performance-based restricted stock units outstanding		320,000		200,000
Future grants of options or shares		265,551		442,699
Shares reserved for employee stock purchase plan		326,952		386,403
Total		1,059,875		1,176,474