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Note 15 - Earnings Per Share of Common Stock
12 Months Ended
Sep. 27, 2014
Notes to Financial Statements  
Earnings Per Share [Text Block]
15.
EARNINGS PER SHARE OF COMMON STOCK
 
The following table sets forth the computation of basic and diluted earnings per share of common stock.
 
 
 
2014
 
 
2013
   
2012
 
Numerator for basic and diluted
earnings per share:
                       
Net income
 
$
2,590,767
 
  $ 5,067,417     $ 5,214,973  
                         
Denominator:
                       
Denominator for basic earnings per share:
                       
Weighted average shares
 
 
2,948,992
 
    2,939,684       2,892,956  
Effect of dilutive securities:
                       
Employee stock options
 
 
44,341
 
    54,555       53,647  
Denominator for diluted earnings per share:
                       
Adjusted weighted average shares
and assumed conversions
 
 
2,993,333
 
    2,994,239       2,946,603  
                         
Net income per share:
                       
Basic
 
$
0.88
 
  $ 1.72     $ 1.80  
Diluted
 
$
0.87
 
  $ 1.69     $ 1.77