Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Earnings (Loss) Per Common Share (Details) - Common Shares Outstanding for Basic and Diluted Earnings Per Share

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Note 7 - Earnings (Loss) Per Common Share (Details) - Common Shares Outstanding for Basic and Diluted Earnings Per Share
3 Months Ended 6 Months Ended
Jun. 29, 2014
Jun. 30, 2013
Jun. 29, 2014
Jun. 30, 2013
Common Shares Outstanding for Basic and Diluted Earnings Per Share [Abstract]        
Basic weighted average shares outstanding 16,417,276 16,346,025 16,417,273 16,345,109
Dilutive stock options(a) (b)    [1],[2]    [1],[2]    [1],[2]    [1],[2]
Diluted weighted average shares outstanding 16,417,276 16,346,025 16,417,273 16,345,109
[1] As a result of the net earnings from continuing operations for the three months ended June 29, 2014, dilutive options were determined using the treasury stock method, using an average price of $1.76 per share. As a result of the net loss for the six months ended June 29, 2014, 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.
[2] As a result of the net loss for the three and six months ended June 30, 2013, 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 earnings, the impact of dilutive stock options would have been calculated as 41,360 and 52,873 respectively for the three and six months ended June 30, 2013.