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 the

thirteen

and

thirty-nine

week periods ended

September 30, 2017

and

October 1, 2016

was determined as follows:

	Thirteen Week Periods Ended				Thirty-Nine Week Periods Ended
	September 30, 2017		October 1, 2016		September 30, 2017		October 1, 2016

Basic weighted average shares outstanding		12,009,181		12,295,493		11,972,600		12,380,617
Dilutive effect of outstanding stock options and restricted stock awards		141,914		136,150		116,610		102,817
Weighted average dilutive shares outstanding		12,151,095		12,431,643		12,089,210		12,483,434

There were

15,000

and

42,500

absolute anti-dilutive shares

not

included in the calculation of common stock equivalents for the

thirty-nine

week periods ended

September 30, 2017

and

October 1, 2016,

respectively. These were determined to be anti-dilutive because the exercise prices of these shares for the periods were higher than the average market price of the Company’s common stock for the same periods.

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

	September 30 , 2017		December 31, 2016

Exercise of options outstanding		17,000		42,000
Time-based restricted stock units outstanding		212,734		197,734
Performance-based restricted stock units outstanding		400,000		200,000
Future grants of options or shares		379,266		619,266
Shares reserved for employee stock purchase plan		177,280		268,211

Total		1,186,280		1,327,211