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Note 12 - Net Income Per Share
12 Months Ended
Dec. 30, 2023
Notes to Financial Statements  
Earnings Per Share [Text Block]

(12) Net Income Per Share

 

The following reconciles the basic and diluted net income per share calculations.

 

   

Dec. 30,

   

Dec. 31,

 
   

2023

   

2022

 

Basic EPS Computation:

               

Numerator:

               

Net income

  $ 1,370,296     $ 2,131,400  

Denominator:

               

Weighted average

               

Common shares

               

Outstanding

    14,495,709       14,424,381  

Basic EPS

  $ 0.09     $ 0.15  

Diluted EPS Computation:

               

Numerator:

               

Net income

  $ 1,370,296     $ 2,131,400  

Denominator:

               

Weighted average

               

Common shares

               

Outstanding

    14,495,709       14,424,381  

Dilutive effect of stock options

    133,102       251,265  
                 

Total shares

    14,628,811       14,675,646  
                 

Diluted net income per share

  $ 0.09     $ 0.15