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Note 14 - Earnings Per Share
 12 Months Ended
Dec. 28, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

14.  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 755,617 for the fiscal year ended December 28, 2014 and 694,765 for the fiscal year ended December 29, 2013, were not used to compute diluted earnings per share because the effects would have been anti-dilutive.