Note 7 - Earnings Per Share

3 Months Ended

Jun. 27, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 7. Earnings Per Share

The Company’s net earnings per share calculations are in accordance with FASB ASC 260-10. Accordingly, basic earnings (loss) per share are computed by dividing net earnings (loss) by the weighted average number of shares outstanding for each year. The calculation of income (loss) per share is as follows:

	Three months ended
Basic and Diluted	June 27, 2014			June 28, 2013
Weighted Average Basic Shares Outstanding		32,642,000			31,198,000
Dilutive effect of Stock Options and Warrants		--			--
Weighted Average Diluted Shares Outstanding		32,642,000			31,198,000
Net loss	$	(268,000	)	$	(925,000	)
Basic loss per share	$	(0.01	)	$	(0.03	)
Diluted loss per share	$	(0.01	)	$	(0.03	)

The dilutive effect of stock options for the three-month periods ended June 27, 2014 and June 28, 2013 was not included in the calculation of diluted loss per share because to do so would have had an anti-dilutive effect as the Company had a net loss for the respective periods.