XML 20 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings per Share
 3 Months Ended
Apr. 01, 2012
Earnings Per Share [Abstract]  
Earnings per Share

12.  Earnings per Share

For all periods, basic earnings per share (“EPS”) is calculated by dividing net earnings attributable to Lakes Entertainment, Inc. by the weighted-average common shares outstanding. Diluted EPS in profitable periods reflects the effect of all potentially dilutive common shares outstanding by dividing net earnings attributable to Lakes Entertainment, Inc. by the weighted-average of all common and potentially dilutive shares outstanding. Potentially dilutive stock options of 1,528,039 for the three months ended April 1, 2012 and 1,171,617 for the three months ended April 3, 2011, were not used to compute diluted earnings per share because the effects would have been anti-dilutive.