Note 10 - Per Share Data

9 Months Ended

Sep. 28, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

1 0 . 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

thirteen

and

thirty-nine

week periods ended

September 28, 2019

and

September 29, 2018

was determined as follows:

	Thirteen Week Periods Ended				Thirty-Nine Week Periods Ended
	September 28, 2019		September 29, 2018		September 28, 2019		September 29, 2018
Basic weighted average shares outstanding		12,955,198		12,284,727		12,897,303		12,254,415
Dilutive effect of outstanding restricted share units		63,416		32,723		53,628		24,165
Weighted average dilutive shares outstanding		13,018,614		12,317,450		12,950,931		12,278,580

For all periods presented, there were

no

anti-dilutive shares

not

included in the calculation of common stock equivalents as there were

no

stock options outstanding.

Unissued shares of common stock were reserved for the following purposes:

	September 28, 2019		December 29, 2018
Time-based restricted stock units outstanding		120,372		147,372
Performance-based restricted stock units outstanding		320,000		200,000
Future grants of options or shares		267,551		442,699
Shares reserved for employee stock purchase plan		267,877		386,403
Total		975,800		1,176,474