Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Earnings (loss) Per Common Share (Details Textual)

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Note 7 - Earnings (loss) Per Common Share (Details Textual) - $ / shares
3 Months Ended 6 Months Ended
Jul. 03, 2016
Jun. 28, 2015
Jul. 03, 2016
Jun. 28, 2015
Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants     0  
Options Outstanding Considered in the Money     0  
Treasury Stock Method Dilutive Options Average Share Price Used $ 1.54 $ 1.62 $ 1.44 $ 1.61
Weighted Average Number Diluted Shares Outstanding Adjustment If there had Been Net Income 1,058,824      
Weighted Average Number Diluted Shares Outstanding Adjustment [1],[2],[3] 1,048,746
[1] As a result of the net earnings for the three and six months ended June 28, 2015, dilutive options were determined using the treasury stock method, using an average price of $1.62 and 1.61, respectively per share. No diluted stock awards were calculated as there were no outstanding options that were considered in-the-money.
[2] Dilutive options were determined using the treasury stock method, using an average price of $1.54 per share for three months ended July 3, 2016. As a result of the net loss for the three months ended July 3, 2016, diluted 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 three months ended July 3, 2016, dilutive stock awards would have been calculated as 1,058,824. For the six months ended July 3, 2016, dilutive options were determined using the treasury stock method, using an average price of $1.44 per share. Total dilutive stock awards were calculated as 1,048,746.
[3] Dilutive stock awards include outstanding restricted stock units and in-the money stock options determined using the treasury stock method