Annual report pursuant to Section 13 and 15(d)

Note 9 - Earnings (Loss) Per Common Share

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Note 9 - Earnings (Loss) Per Common Share
12 Months Ended
Jan. 03, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
9
.
Earnings (loss) per share
 
The following table details the weighted average number of shares outstanding for the purposes of computing basic and diluted loss per share for:
 
(Number of common shares)
 
Year
ended
January 3,
2016
 
 
Year
ended
December 28,
2014
 
 
Year
ended
December 29,
2013
 
Basic weighted average shares outstanding
    16,421,478       16,417,275       16,361,865  
Dilutive stock options (a)
                 
                         
Diluted weighted average shares outstanding
    16,421,478       16,417,275       16,361,865  
 
 

(a)
For the periods ended January 3, 2016, December 28, 2014 and December 29, 2013, as a result of a net loss for the period, dilutive earnings per share was calculated using the basic weighted average shares outstanding as the effect of potential common shares would have been anti-dilutive.