Note 10 - Earnings Per Share

6 Months Ended

Mar. 28, 2015

Notes to Financial Statements

Earnings Per Share [Text Block]

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10

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Earnings

Per Share

The computations of basic and diluted earnings per share attributable to common shareholders for the three- and six-month periods ended March 28, 2015 and March 29, 2014 are as follows:

	Three Months Ended				Six Months Ended
	March 28,		March 29,		March 28,		March 29,
(In thousands except per share amounts)	2015		2014		2015		2014
Net earnings available to common shareholders	$	2,544	$	3,522	$	6,694	$	6,269
Basic weighted average shares outstanding		18,404		18,234		18,391		18,212
Dilutive effect of stock-based compensation		418		403		430		400
Diluted weighted average shares outstanding		18,822		18,637		18,821		18,612
Net earnings per share:
Basic	$	0.14	$	0.19	$	0.36	$	0.34
Diluted	$	0.14	$	0.19	$	0.36	$	0.34

Options representing 88,000 and 146,000 shares for the three-month periods ended March 28, 2015 and March 29, 2014, respectively, were antidilutive and not included in the diluted earnings per share calculation. Options representing 56,000 and 135,000 shares for the six-month periods ended March 28, 2015 and March 29, 2014, respectively, were antidilutive and were not included in the diluted earnings per share calculation.