Earnings Per Share

9 Months Ended

Oct. 01, 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				Nine Months Ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Basic:
Weighted average shares outstanding		6,209,014		6,270,147		6,226,493		6,259,380
Diluted:
Weighted average shares outstanding		6,209,014		6,270,147		6,226,493		6,259,380
Dilutive stock appreciation rights		14,102		2,140		14,102		2,140
Denominator for diluted earnings per share		6,223,116		6,272,287		6,240,595		6,261,520