SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

12 Months Ended

Dec. 28, 2013

SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED) [Abstract]

SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

13. Selected Quarterly Financial Information (Unaudited)

Selected quarterly financial information (unaudited) follows:

	2013
	First		Second		Third		Fourth		Year
Net sales	$	34,692,174	$	39,247,980	$	34,256,086	$	34,262,039	$	142,458,279
Gross margin		6,266,580		8,530,842		7,224,409		8,125,689		30,147,520
Selling and administrative expenses		4,681,296		5,223,185		4,767,505		5,089,213		19,761,199
Net income		1,005,248		2,174,294		1,798,783		1,923,596		6,901,921
Net income per share:
Basic	$	.16	$	.35	$	.29	$	.31	$	1.11
Diluted	$	.16	$	.35	$	.29	$	.31	$	1.11
Weighted average shares outstanding:
Basic		6,219,775		6,220,569		6,221,515		6,221,851		6,220,928
Diluted		6,236,842		6,238,025		6,238,074		6,238,089		6,237,758

	2012
	First		Second		Third		Fourth		Year
Net sales	$	40,495,894	$	41,559,589	$	39,644,050	$	35,809,652	$	157,509,185
Gross margin		8,184,466		9,245,390		8,165,493		7,757,129		33,352,478
Selling and administrative expenses		5,015,052		5,101,156		4,830,971		4,853,876		19,801,055
Net (loss)/income		2,045,608		2,632,346		2,223,975		1,723,871		8,625,800
Net (loss)/income per share:
Basic	$	.33	$	.42	$	.36	$	.28	$	1.39
Diluted	$	.33	$	.42	$	.36	$	.28	$	1.38
Weighted average shares outstanding:
Basic		6,213,913		6,217,198		6,219,241		6,219,384		6,216,931
Diluted		6,231,739		6,231,335		6,234,727		6,237,709		6,233,375

Fiscal 2013 and 2012 consisted of four 13 week quarters totaling 52 weeks for each year.