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Note 10 - Per Share Data
12 Months Ended
Dec. 30, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
10.
  PER SHARE DATA
 
The Company uses the treasury stock method to calculate the weighted-average shares used for diluted earnings per share. The number of common shares used to calculate basic and diluted earnings per share for
the fiscal years ended
December 30, 2017
and
December 31, 2016
was determined as follows:
 
   
Fiscal Years Ended
 
   
December 30,
2017
   
December 31,
2016
 
Basic
weighted average shares outstanding
   
11,995,341
     
12,302,558
 
Dilutive effect of outstanding
restricted share units
and
stock options
   
121,860
     
120,790
 
                 
Weighted average dilutive shares outstanding
   
12,117,201
     
12,423,348
 
 
For the year ended
December 30, 2017
there were
no
anti-dilutive shares
not
included in the calculation of common stock equivalents.  For the year ended
December 31, 2016
there were
40,000
anti-dilutive shares
not
included in the calculation of common stock equivalents. 
These shares were
not
included in the calculation of dilutive stock equivalents because the exercise prices of these shares were higher than the average price of all shares for the same period.
  
Unissued shares of common stock were reserved for the following purposes:
 
   
December 3
0,
201
7
   
December 31
,
2016
 
                 
Exercise of options outstanding
   
0
     
42,000
 
Time-based restricted share units
outstanding
   
87,034
     
197,734
 
Performance-based restricted share units outstanding
   
400,000
     
200,000
 
Future grants of options or shares
   
332,232
     
619,266
 
Shares reserved for employee stock purchase plan
   
177,280
     
268,211
 
                 
Total
   
996,546
     
1,327,211