XML 46 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share
3 Months Ended
Mar. 29, 2014
Earnings Per Share

NOTE L – EARNINGS PER SHARE

A reconciliation of the number of common shares used in the calculation of basic and diluted earnings per share (EPS) is presented below:

 

     Three Months Ended  
     March 29, 2014      March 30, 2013  
     Shares      Per-Share
Amount
     Shares      Per-Share
Amount
 

Basic EPS

     17,205,892       $ 0.29         17,009,773       $ 0.27   

Effect of dilutive securities

     158,481         —           167,103         —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted EPS

     17,364,373       $ 0.29         17,176,876       $ 0.27   
  

 

 

    

 

 

    

 

 

    

 

 

 

The effect of 408,477 and 450,672 potentially dilutive securities were not included in the calculation of weighted average shares outstanding for the three months ended March 29, 2014 and March 30, 2013, respectively, as they were antidilutive.