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Note 12 - Treasury Stock Transactions
12 Months Ended
Dec. 30, 2017
Notes to Financial Statements  
Treasury Stock [Text Block]
12.
TREASURY STOCK TRANSACTIONS
 
On
October 28, 2013,
the Board of Directors authorized a repurchase program to purchase up to
$5.0
million of outstanding shares of common stock at prevailing market prices, from time to time over the subsequent
12
-month period. On
September 30, 2014,
the Board extended this repurchase program through
October 31, 2015.
On
September 11, 2015,
the Board extended this repurchase program through
December 31, 2016.
On
August 9, 2016,
the Board authorized an additional
$5.0
million to the repurchase program and extended this repurchase program through
December 31, 2017.
For the fiscal year ended
December 30, 2017,
the Company
repurchased
59,312
shares for an average price of
$5.54
per share. For the fiscal year ended
December 31, 2016,
the Company repurchased
701,114
shares for an average price of
$6.07
per share for a total of
$4.3
million. As of
December 30, 2017,
$2.5
million approved funds remain available for future common stock repurchases.