Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v2.4.0.8
Earnings Per Share (Tables)
12 Months Ended
Dec. 28, 2013
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share from continuing operations
The following table sets forth the computation of basic and diluted earnings per share:
 
2013
 
2012
 
2011
Numerator:
 
 
 
 
 
Net income
$
1,760,564

 
$
4,234,912

 
$
5,797,160

Denominator:
 

 
 

 
 

Denominator for basic earnings per share - weighted average shares
6,941,794

 
6,341,856

 
6,313,418

Effect of dilutive securities:
 

 
 

 
 

Employee stock options and stock grants
5,610

 
52,488

 
48,670

Denominator for diluted earnings per share - weighted average shares
6,947,404

 
6,394,344

 
6,362,088

 
 
 
 
 
 
Earnings per share:
 

 
 

 
 

Basic
$
0.25

 
$
0.67

 
$
0.92

Diluted
$
0.25

 
$
0.66

 
$
0.91