Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v2.4.1.9
Earnings Per Share (Tables)
 12 Months Ended
Jan. 03, 2015
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:
 
2014
 
2013
 
2012
Numerator:
 
 
 
 
 
Net income from continuing operations
$
12,618,787

 
$
2,898,048

 
$
3,982,884

Net (loss) income from discontinued operations, net of tax
$
(7,156,524
)
 
$
(1,137,484
)
 
$
252,028

Denominator:
 

 
 

 
 

Denominator for basic earnings per share - weighted average shares
8,702,094

 
6,941,794

 
6,341,856

Effect of dilutive securities:
 

 
 

 
 

Employee stock options and stock grants
13,008

 
5,610

 
52,488

Denominator for diluted earnings per share - weighted average shares
8,715,102

 
6,947,404

 
6,394,344

 
 
 
 
 
 
Earnings per share from continuing operations
 

 
 

 
 

Basic
$
1.45

 
$
0.42

 
$
0.63

Diluted
$
1.45

 
$
0.42

 
$
0.62

 
 
 
 
 
 
Loss (earnings) per share from discontinued operations
 
 
 
 
 
Basic
$
(0.82
)
 
$
(0.16
)
 
$
0.04

Diluted
$
(0.82
)
 
$
(0.16
)
 
$
0.04