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Computation of Basic and Diluted Net Income Per Common Share (Tables)
9 Months Ended
Sep. 27, 2014
Earnings Per Share [Abstract]  
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

 

 

Nine Months Ended

 

 

September 27,
2014

 

  

September 28,
2013

 

 

September 27,
2014

 

  

September 28,
2013

 

Numerator:

 

 

 

  

 

 

 

 

 

 

 

  

 

 

 

Net income

$

490

  

  

$

530

  

 

$

1,274

  

  

$

1,819

  

 

 

 

 

  

 

 

 

 

 

 

 

  

 

 

 

Denominator:

 

 

 

  

 

 

 

 

 

 

 

  

 

 

 

Weighted average shares of common stock (basic)

 

9,869

 

  

 

9,796

  

 

 

9,918

 

  

 

9,044

  

Effect of dilutive preferred shares

 

 

  

 

  

 

 

 

  

 

597

  

Effect of dilutive stock options

 

256

 

  

 

276

  

 

 

313

 

  

 

270

  

Effect of dilutive contingent shares

  

130

  

  

 

105

  

 

  

166

  

  

 

84

  

Weighted average shares of common stock (diluted)

  

10,255

  

  

 

10,177

  

 

  

10,397

  

  

 

9,995

  

 

 

 

 

  

 

 

 

 

 

 

 

  

 

 

 

Per share data:

 

 

 

  

 

 

 

 

 

 

 

  

 

 

 

Basic income per share

$

0.05

  

  

$

0.05

  

 

$

0.13

  

  

$

0.20

  

Diluted income per share

$

0.05

  

  

$

0.05

  

 

$

0.12

  

  

$

0.18