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Note 8 - Earnings Per Common Share
3 Months Ended
Mar. 31, 2012
Earnings Per Share [Text Block]
8. EARNINGS PER COMMON SHARE

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

   
Three Months Ended
   
Six Months Ended
 
   
Mar. 31, 2012
   
April 2, 2011
   
Mar. 31, 2012
   
April 2, 2011
 
Numerator for basic and diluted earnings per share:
                   
Net income
  $ 1,824,998     $ 1,050,463     $ 2,949,966     $ 1,767,000  
                                 
Denominator:
                               
Denominator for basic earnings per share:
                               
Weighted average shares
    2,912,990       2,771,503       2,866,661       2,764,220  
Effect of dilutive securities:
                               
Employee stock options and restricted stock
    52,218       65,610       51,422       69,655  
Denominator for diluted earnings per share:
                               
Adjusted weighted average shares and assumed conversions
    2,965,208       2,837,113       2,918,083       2,833,875  
                                 
Net income per common share:
                               
Basic
  $ 0.63     $ 0.38     $ 1.03     $ 0.64  
Diluted
  $ 0.62     $ 0.37     $ 1.01     $ 0.62