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Note 12 - Earnings Per Share of Common Stock
 6 Months Ended
Apr. 01, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
12.
  
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
    
Six Months Ended
  
   
April 1,
    
April 2,
    
April 1,
    
April 2,
  
   
2017
    
2016
    
2017
    
2016
  
Numerator for basic and diluted earnings per share:
                                
Net income
   $
1,713,475
    $
757,749
    $
2,676,367
    $
1,900,501
 
                                 
Denominator:
                                
Denominator for basic earnings per share:
                                
Weighted average shares
    
2,755,625
     
2,728,633
     
2,755,625
     
2,727,380
 
Effect of dilutive securities:
                                
Employee stock options
    
18,783
     
26,476
     
16,852
     
26,110
 
Denominator for diluted earnings per share:
                                
Adjusted weighted average shares
and assumed conversions
    
2,774,408
     
2,755,109
     
2,772,477
     
2,753,490
 
                                 
Net income per share:
                                
Basic
   $
0.62
    $
0.28
    $
0.97
    $
0.70
 
Diluted
   $
0.62
    $
0.28
    $
0.97
    $
0.69