Note 13. Earnings (Loss) per Share	12 Months Ended
Dec. 30, 2012
Earnings Per Share [Text Block]	13. Earnings (Loss) per Share For all periods, basic earnings (loss) per share (“EPS”) is calculated by dividing net earnings (loss) 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 (loss) attributable to Lakes Entertainment, Inc. by the weighted-average of all common and potentially dilutive shares outstanding. Potentially dilutive stock options of 1,527,620 for the year ended December 30, 2012 and 1,644,639 for the year ended January 1, 2012, were not used to compute diluted earnings per share because the effects would have been anti-dilutive.

Note 13. Earnings (Loss) per Share

12 Months Ended

Dec. 30, 2012

13. Earnings (Loss) per Share

For all periods, basic earnings (loss) per share (“EPS”) is calculated by dividing net earnings (loss) 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 (loss) attributable to Lakes Entertainment, Inc. by the weighted-average of all common and potentially dilutive shares outstanding. Potentially dilutive stock options of 1,527,620 for the year ended December 30, 2012 and 1,644,639 for the year ended January 1, 2012, were not used to compute diluted earnings per share because the effects would have been anti-dilutive.

- Definition

The entire disclosure for earnings per share.

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