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Note 10 - Per Share Data
 12 Months Ended
Dec. 29, 2012
Earnings Per Share [Text Block]
10.  PER SHARE DATA

The Company uses the treasury stock method to calculate the weighted-average shares used for diluted earnings per share.  The number of common shares used to calculate basic and diluted earnings per share for fiscal years ended December 29, 2012 and December 31, 2011 was determined as follows:

   
Fiscal Years Ended
 
   
December 29,
2012
   
December 31,
 2011
 
Basic weighted average shares outstanding
    12,343,426       12,976,308  
Dilutive effect of outstanding stock options
    196,709       168,092  
                 
Weighted average dilutive shares outstanding
    12,540,135       13,144,400  

For the fiscal year ended December 29, 2012, there were 67,280 potential anti-dilutive shares not included in the calculation of common stock equivalents.  

For the fiscal year ended December 31, 2011, there were 79,290 potential anti-dilutive shares not included in the calculation of common stock equivalents.  

Unissued shares of common stock were reserved for the following purposes:

   
December 29,
2012
   
December 31,
2011
 
             
Exercise of options outstanding
    307,400       916,594  
Restricted stock awards outstanding
    350,000       -  
Future grants of options or shares
    34,100       437,600  
Shares reserved for employee stock purchase plan
    247,752       276,957  
                 
Total
    939,252       1,631,151