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Note 8 - Earnings Per Common Share
9 Months Ended
Jun. 30, 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
   
Nine Months Ended
 
   
June 30, 2012
   
July 2, 2011
   
June 30, 2012
   
July 2, 2011
 
Numerator for basic and diluted earnings per share:
                   
Net income
  $ 743,454     $ 1,022,447     $ 3,693,420     $ 2,789,447  
                                 
Denominator:
                               
Denominator for basic earnings per share:
                               
Weighted average shares
    2,919,250       2,789,074       2,884,191       2,772,257  
Effect of dilutive securities:
                               
Employee stock options and restricted stock
    56,613       54,045       53,152       64,452  
Denominator for diluted earnings per share:
                               
Adjusted weighted average shares and assumed conversions
    2,975,863       2,843,119       2,937,343       2,836,709  
                                 
Net income per common share:
                               
Basic
  $ 0.25     $ 0.37     $ 1.28     $ 1.01  
Diluted
  $ 0.25     $ 0.36     $ 1.26     $ 0.98