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 9 Months Ended
Sep. 28, 2014
Sep. 29, 2013
Sep. 28, 2014
Sep. 29, 2013
Common Shares Outstanding for Basic and Diluted Earnings Per Share [Abstract]        
Basic weighted average shares outstanding 16,417,276 16,360,860 16,417,274 16,350,359
Dilutive stock options(a) (b)    [1],[2] 29,518 [1],[2]    [1],[2]    [1],[2]
Diluted weighted average shares outstanding 16,417,276 16,390,378 16,417,274 16,350,359
[1] For the three months and nine months ended September 28, 2014, as a result of the net loss, 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] For the three months ended September 29, 2013, as a result of net earnings from continuing operations, dilutive options were determined using the treasury stock method, using an average share price of $1.91 per share. As a result of the net loss for the nine months ended September 29, 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 45,088 for the nine months ended September 29, 2013.