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Computation of Basic and Diluted Net Income Per Common Share (Tables)
6 Months Ended
Jun. 28, 2014
Reconciliation of Numerator and Denominator of Basic and Diluted Net Income Per Common Share

A reconciliation of the numerator and denominator of basic and diluted net income per common share is provided as follows:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 28,
2014

 

  

June 29,
2013

 

 

June 28,
2014

 

  

June 29,
2013

 

Numerator:

 

 

 

  

 

 

 

 

 

 

 

  

 

 

 

Net income

$

297

  

  

$

415

  

 

$

784

  

  

$

1,289

  

 

 

 

 

  

 

 

 

 

 

 

 

  

 

 

 

Denominator:

 

 

 

  

 

 

 

 

 

 

 

  

 

 

 

Weighted average shares of common stock (basic)

 

9,922

 

  

 

8,824

  

 

 

9,943

 

  

 

8,668

  

Effect of dilutive preferred shares

 

 

  

 

792

  

 

 

 

  

 

895

  

Effect of dilutive stock options

 

312

 

  

 

273

  

 

 

341

 

  

 

267

  

Effect of dilutive contingent shares

  

177

  

  

 

116

  

 

  

185

  

  

 

73

  

Weighted average shares of common stock (diluted)

  

10,411

  

  

 

10,005

  

 

  

10,469

  

  

 

9,903

  

 

 

 

 

  

 

 

 

 

 

 

 

  

 

 

 

Per share data:

 

 

 

  

 

 

 

 

 

 

 

  

 

 

 

Basic income per share

$

0.03

  

  

$

0.05

  

 

$

0.08

  

  

$

0.15

  

Diluted income per share

$

0.03

  

  

$

0.04

  

 

$

0.07

  

  

$

0.13