Note 9 - Earnings Per Share of Common Stock

9 Months Ended

Jun. 29, 2013

Earnings Per Share [Abstract]

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 our common stock.

	Three Months Ended				Nine Months Ended
	June 29,		June 30,		June 29,		June 30,
	2013		2012		2013		2012
Numerator for basic and diluted earnings per share:
Net income	$	1,222,884	$	743,454	$	3,820,330	$	3,693,420
Denominator:
Denominator for basic earnings per share:
Weighted average shares		2,951,894		2,919,250		2,939,057		2,884,191
Effect of dilutive securities:
Employee stock options and restricted stock		50,673		56,613		54,260		53,152
Denominator for diluted earnings per share:
Adjusted weighted average shares and assumed conversions		3,002,567		2,975,863		2,993,317		2,937,343
Net income per share of common stock:
Basic	$	0.41	$	0.25	$	1.30	$	1.28
Diluted	$	0.41	$	0.25	$	1.28	$	1.26