Note 9 - Earnings Per Share of Common Stock

3 Months Ended

Dec. 29, 2012

Earnings Per Share [Text Block]

9.  EARNINGS PER SHARE OF COMMON STOCK

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

	Three Months Ended
	December 29, 2012		December 31, 2011
Numerator for basic and diluted earnings per share:
Net income	$	1,363,709	$	1,124,968
Denominator:
Denominator for basic earnings per share:
Weighted average shares		2,921,162		2,820,333
Effect of dilutive securities:
Employee stock options and restricted stock		59,030		50,626
Denominator for diluted earnings per share:
Adjusted weighted average shares and assumed conversions		2,980,192		2,870,959
Net income per share of common stock:
Basic	$	0.47	$	0.40
Diluted	$	0.46	$	0.39