Net Income (Loss) Per Common and Common Equivalent Share

3 Months Ended

Oct. 01, 2011

Notes to Financial Statements

Net Income (Loss) Per Common and Common Equivalent Share

(3) Net Income (Loss) Per Common and Common Equivalent Share
Basic net income or loss per common share is calculated by dividing net income or loss by the weighted average number of common shares outstanding during the period. Diluted net income per common share is calculated by dividing net income by the sum of the weighted average number of common shares plus additional common shares that would have been outstanding if potential dilutive common shares had been issued for granted stock option and stock purchase rights.

The following table presents the calculation of both basic and diluted EPS:

		Quarters Ended		Nine-Month Periods Ended
		October 1,	September 25,	October 1,	September 25,
		2011	2010	2011	2010
		------------	------------	------------	------------
Basic EPS Computation:
Numerator:
	Net income	$          27,589	$          420,784	$      56,915	$      1,035,230
Denominator:
	Weighted average
	Common shares
	Outstanding	12,748,149	12,648,640	12,733,312	12,659,519
Basic EPS		$                0.00	$                0.03	$         0.00	$              0.08
Diluted EPS Computation:
Numerator:
	Net income	$          27,589	$          420,784	$      56,915	$      1,035,230
Denominator:
	Weighted average
	Common shares
	Outstanding	12,748,149	12,648,640	12,733,312	12,659,519
	Dilutive effect of stock options	442,168	349,953	466,354	314,896
	Total Shares	13,190,317	12,998,593	13,199,666	12,975,415
Diluted EPS		$                0.00	$                0.03	$              0.00	$              0.08