Earnings Per Share

6 Months Ended

Jul. 02, 2022

Earnings Per Share

Note C - Earnings Per Share

Note C – Earnings Per Share

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

	Three Months Ended				Six Months Ended
	July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Basic:
Weighted average shares outstanding		6,222,818		6,259,654		6,235,231		6,253,996
Diluted:
Weighted average shares outstanding		6,222,818		6,259,654		6,235,231		6,253,996
Dilutive stock appreciation rights		14,102		17,751		14,102		17,751
Denominator for diluted earnings per share		6,236,920		6,277,405		6,249,333		6,271,747