Note 8 - Earnings Per Share of Common Stock

9 Months Ended

Jun. 28, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

8. 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 28,		June 29,		June 28,		June 29,
	2014		2013		2014		2013
Numerator for basic and diluted earnings per share:
Net income	$	378,053	$	1,222,884	$	1,934,864	$	3,820,330
Denominator:
Denominator for basic earnings per share:
Weighted average shares		2,961,128		2,951,894		2,944,653		2,939,057
Effect of dilutive securities:
Employee stock options		43,598		50,673		46,471		54,260
Denominator for diluted earnings per share:
Adjusted weighted average shares and assumed conversions		3,004,726		3,002,567		2,991,124		2,993,317
Net income per share of common stock:
Basic	$	0.13	$	0.41	$	0.66	$	1.30
Diluted	$	0.13	$	0.41	$	0.65	$	1.28