Earnings Per Share

3 Months Ended

Dec. 29, 2012

Earnings Per Share

NOTE 4. Earnings Per Share

Basic and diluted earnings per share were calculated as follows (unaudited):

	December 29, 2012			December 24, 2011
Net (loss) income	$	(310.190	)	$	929,230
Weighted average shares outstanding - basic		1,838,716			1,827,131
Dilutive effect of stock options		—			30,472
Weighted average shares outstanding - diluted		1,838,716			1,857,603
Basic net (loss) income per share	$	(0.17	)	$	0.51
Diluted net (loss) income per share	$	(0.17	)	$	0.50

Outstanding potentially dilutive stock options, which were not included in the earnings per share calculations because their inclusion would have been anti-dilutive, were 201,019 at December 29, 2012. There were 180,264 options that had a dilutive effect at December 24, 2011.