Earnings Per Share

9 Months Ended

Oct. 02, 2021

Earnings Per Share

Note C - Earnings Per Share

Note C – Earnings Per Share

The denominators used to calculate earnings per share are as follow:

	Three Months Ended				Nine Months Ended
	October 2, 2021		October 3, 2020		October 2, 2021		October 3, 2020
Basic:
Weighted average shares outstanding		6,270,147		6,237,758		6,259,380		6,235,747
Diluted:
Weighted average shares outstanding		6,270,147		6,237,758		6,259,380		6,235,747
Dilutive stock appreciation rights		2,140		1,722		2,140		1,722
Denominator for diluted earnings per share		6,272,287		6,239,480		6,261,520		6,237,469