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Earnings Per Share
6 Months Ended
Mar. 29, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
NOTE 4. Earnings Per Share

Basic and diluted earnings per share were calculated as follows (unaudited):

 

     March 29, 2014     March 30, 2013  
     3 months     6 months     3 months     6 months  

Net loss

   $ (1,466,529   $ (1,282,379   $ (327,967   $ (638,157
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding - basic

     1,838,907        1,838,812        1,838,716        1,838,716   

Dilutive effect of stock options

     —          —          —          —     
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding- diluted

     1,838,907        1,838,812        1,838,716        1,838,716   
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic net loss per share

   $ (0.80   $ (0.70   $ (0.18   $ (0.35

Diluted net loss per share

   $ (0.80   $ (0.70   $ (0.18   $ (0.35

Outstanding potentially dilutive stock options, which were not included in the earnings per share calculations because their inclusion would have been anti-dilutive due to the Company’s loss position, were 268,185 at March 29, 2014 and 258,182 at March 30, 2013.