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

3 Months Ended

Apr. 01, 2017

Notes to Financial Statements

Calculation of both basic and diluted earnings per share ("EPS")

	For periods ended
		April 1,		April 2,
		2017		2016
Basic EPS Computation:
Numerator:
Net income (loss)	$	(604,402)	$	197,128
Denominator:
Weighted average
common shares
Outstanding		13,203,436		13,198,236
Basic EPS	$	(0.05)	$	0.01
Diluted EPS Computation:
Numerator:
Net income (loss)	$	(604,402)	$	197,128
Denominator:
Weighted average
common shares
Outstanding		13,203,436		13,198,236
Dilutive effect stock options		—		305,420
Total Shares		13,203,436		13,503,656
Diluted EPS	$	(0.05)	$	0.01