Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Earnings Per Common Share (Details Textual)

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Note 7 - Earnings Per Common Share (Details Textual) - $ / shares
3 Months Ended
Apr. 03, 2016
Mar. 29, 2015
Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants 0  
Options Outstanding Considered in the Money 0  
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price $ 1.34  
Weighted Average Number Diluted Shares Outstanding Adjustment [1],[2] 1,038,669
Weighted Average Number Diluted Shares Outstanding Adjustment If there had Been Net Income   470,803
[1] For the three months ended April 3, 2016, as a result of net income from operations, dilutive options were determined using the treasury stock method with an average stock price of $1.34. No dilutive stock options were calculated as no outstanding options were considered in-the-money. Dilutive stock awards were calculated as 1,038,669 related to outstanding unvested restricted stock units.
[2] For the three months ended March 29, 2015, 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. Had there been net income for the period, dilutive stock awards would have been calculated as 470,803 related to outstanding unvested restricted stock units.