Note 13 - Earnings (Loss) Per Share (Tables)

12 Months Ended

Sep. 29, 2012

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

	Year Ended
(In thousands, except per share amounts)	September 29, 2012		October 1, 2011			October 2, 2010
Earnings (loss) from continuing operations	$	1,809	$	(387	)	$	458
Less allocation to participating securities		-		-			(2	)
Available to Insteel common shareholders	$	1,809	$	(387	)	$	456
Earnings from discontinued operations net of income taxes	$	-	$	-		$	15
Less allocation to participating securities		-		-			-
Available to Insteel common shareholders	$	-	$	-		$	15
Net earnings (loss)	$	1,809	$	(387	)	$	473
Less allocation to participating securities		-		-			(2	)
Available to Insteel common shareholders	$	1,809	$	(387	)	$	471
Basic weighted average shares outstanding		17,664		17,562			17,466
Dilutive effect of stock-based compensation		326		-			98
Diluted weighted average shares outstanding		17,990		17,562			17,564
Per share basic and diluted:
Earnings (loss) from continuing operations	$	0.10	$	(0.02	)	$	0.03
Loss from discontinued operations		-		-			-
Net earnings (loss)	$	0.10	$	(0.02	)	$	0.03