Note 10 - Earnings Per Share

3 Months Ended

Jan. 02, 2016

Notes to Financial Statements

Earnings Per Share [Text Block]

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10

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Earnings

Per Share

The computations of basic and diluted earnings per share attributable to common shareholders for the three-month periods ended January 2, 2016 and December 27, 2014 are as follows:

	Three Months Ended
	January 2,		December 27,
(In thousands except per share amounts)	2016		2014
Net earnings available to common shareholders	$	6,708	$	4,150
Basic weighted average shares outstanding		18,525		18,377
Dilutive effect of stock-based compensation		358		443
Diluted weighted average shares outstanding		18,883		18,820
Net earnings per share:
Basic	$	0.36	$	0.23
Diluted	$	0.36	$	0.22

Options representing 86,000 and 25,000 shares for the three-month periods ended January 2, 2016 and December 27, 2014, respectively, were antidilutive and not included in the diluted earnings per share calculation.