XML 41 R13.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 8 - Earnings Per Share of Common Stock
3 Months Ended
Jan. 03, 2015
Notes to Financial Statements  
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
 
   
January 3,
   
December 28,
 
   
2015
   
2013
 
Numerator for basic and diluted earnings per share:
               
Net income
  $ 970,325     $ 666,129  
                 
Denominator:
               
Denominator for basic earnings per share:
               
Weighted average shares
    2,962,007       2,927,416  
Effect of dilutive securities:
               
Employee stock options
    35,109       49,825  
Denominator for diluted earnings per share:
               
Adjusted weighted average shares and assumed conversions
    2,997,116       2,977,241  
                 
Net income per share of common stock:
               
Basic
  $ 0.33     $ 0.23  
Diluted
  $ 0.32     $ 0.22