Earnings Per Share

9 Months Ended

Sep. 27, 2014

Earnings Per Share

NOTE K – EARNINGS PER SHARE

A reconciliation of the number of common shares used in the calculation of basic and diluted earnings per share (“EPS”) is presented below:

	Three Months Ended
	September 27, 2014					September 28, 2013
	Shares		Per-Share Amount			Shares		Per-Share Amount
Basic EPS		17,258,029	$	0.65			17,095,066	$	0.29
Effect of dilutive securities		152,362		(0.01	)		90,314		—
Diluted EPS		17,410,391	$	0.64			17,185,380	$	0.29
Securities excluded from the determination of weighted average shares for the calculation of diluted EPS, as they were antidilutive		412,895					463,716

	Nine Months Ended
	September 27, 2014					September 28, 2013
	Shares		Per-Share Amount			Shares		Per-Share Amount
Basic EPS		17,233,879	$	1.31			17,053,223	$	0.78
Effect of dilutive securities		162,909		(0.02	)		138,184		(0.01	)
Diluted EPS		17,396,788	$	1.29			17,191,407	$	0.77
Securities excluded from the determination of weighted average shares for the calculation of diluted EPS, as they were antidilutive		414,395					448,150