Note 8 - Earnings Per Share of Common Stock (Tables)

9 Months Ended

Jul. 02, 2016

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three Months Ended				Nine Months Ended
	July 2, 2016		June 27, 2015		July 2, 2016		June 27, 2015
Numerator for basic and diluted earnings per share:
Net income	$	935,219	$	962,535	$	2,835,720	$	2,706,298
Denominator:
Denominator for basic earnings per share:
Weighted average shares		2,734,468		2,991,192		2,729,743		2,976,994
Effect of dilutive securities:
Employee stock options		24,035		26,344		25,418		29,436
Denominator for diluted earnings per share:
Adjusted weighted average shares and assumed conversions		2,758,503		3,017,536		2,755,161		3,006,430
Net income per share of common stock:
Basic	$	0.34	$	0.32	$	1.04	$	0.91
Diluted	$	0.34	$	0.32	$	1.03	$	0.90