Note 10 - Per Share Data

9 Months Ended

Sep. 26, 2020

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 (loss) per share for the

thirteen

and

thirty-nine

week periods ended

September 26, 2020

and

September 28, 2019

was determined as follows:

	Thirteen Week Periods Ended				Thirty-Nine Week Periods Ended
	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Basic weighted average shares outstanding		11,444,697		12,955,198		12,393,058		12,897,303
Dilutive effect of outstanding restricted share units		45,411		63,416		34,181		53,628
Weighted average dilutive shares outstanding		11,490,108		13,018,614		12,427,739		12,950,931

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 26, 2020		December 28, 2019
Time-based restricted stock units outstanding		454,386		151,725
Performance-based restricted stock units outstanding		-		240,000
Future grants of options or shares		5,573		268,326
Shares reserved for employee stock purchase plan		149,894		267,877
Total		609,853		927,928