NetIncome (Loss) Per Common and Common Equivalent Share

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

NetIncome (Loss) Per Common and Common Equivalent Share

(3) Net Income (Loss) Per Common and Common Equivalent Share

Basic net income or net loss per common share is calculated by dividing net income (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. Common stock equivalents are excluded from the diluted calculations when a net loss is incurred as they would be anti-dilutive.

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

	Fiscal Quarters Ended					Six Month Periods Ended
	June 30,			July 2,		June 30,			July 2,
	2012			2011		2012			2011
	------------			------------		------------			------------
Basic EPS Computation:
Numerator:
Net income (loss)	$	(372,724	)	$	13,183	$	(907,059	)	$	29,326
Denominator:
Weighted average
Common shares
Outstanding		12,869,483			12,738,390		12,867,571			12,726,168
Basic EPS	$	(0.03	)	$	0.00	$	(0.07	)	$	0.00
Diluted EPS Computation:
Numerator:
Net income (loss)	$	(372,724	)	$	13,183	$	(907,059	)	$	29,326
Denominator:
Weighted average
Common shares
Outstanding		12,869,483			12,738,390		12,867,571			12,726,168
Dilutive effect of stock options		—			490,722		—			478,448
Total Shares		12,869,483			13,229,112		12,867,571			13,204,616
Diluted EPS	$	(0.03	)	$	0.00	$	(0.07	)	$	0.00