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Organization and Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 29, 2012
Organization and Summary of Significant Accounting Policies  
Schedule of assets and liabilities measured at fair value

 

 

 

 

September 29, 2012

 

December 31, 2011

 

Balance Sheet Classification 

 

 

 

Interest Rate
 Swaps

 

Non-qualified
Deferred
Compensation
Plan
Investments

 

Interest Rate
Swaps

 

Non-qualified
Deferred
Compensation
Plan
Investments

 

Interest rate swaps

 

Level 1

 

$

—

 

$

—

 

$

—

 

$

—

 

 

 

Level 2

 

(820,621

)

—

 

(843,635

)

—

 

 

 

Level 3

 

—

 

—

 

—

 

—

 

 

 

 

 

$

(820,621

)

$

—

 

$

(843,635

)

$

—

 

 

 

 

 

 

 

 

 

 

 

 

 

Other assets

 

Level 1

 

$

—

 

$

411,615

 

$

—

 

$

384,778

 

 

 

Level 2

 

—

 

—

 

—

 

—

 

 

 

Level 3

 

—

 

—

 

—

 

—

 

 

 

 

 

$

—

 

$

411,615

 

$

—

 

$

384,778

 

Schedule of earnings per common share

 

 

Quarter Ended

 

Nine Months Ended

 

 

 

September 29,
 2012

 

September 24,
 2011

 

September 29,
 2012

 

September 24,
 2011

 

Basic Earnings Per Share:

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

1,739,648

 

$

(190,812

)

$

5,084,566

 

$

2,075,254

 

Weighted average number of common shares

 

19,030,959

 

18,139,674

 

18,737,131

 

18,072,579

 

Earnings (loss) per common share

 

$

0.09

 

$

(0.01

)

$

0.27

 

$

0.11

 

 

 

 

 

 

 

 

 

 

 

Diluted Earnings Per Share:

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

1,739,648

 

$

(190,812

)

$

5,084,566

 

$

2,075,254

 

Weighted average number of common shares

 

19,030,959

 

18,139,674

 

18,737,131

 

18,072,579

 

Incremental shares from assumed conversions of stock options and non-vested shares of restricted stock

 

659,026

 

—

 

799,601

 

659,956

 

Adjusted weighted average number of common shares

 

19,689,985

 

18,139,674

 

19,536,732

 

18,732,535

 

Earnings (loss) per common share

 

$

0.09

 

$

(0.01

)

$

0.26

 

$

0.11