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Note 10 - Per Share Data
6 Months Ended
Jun. 29, 2019
Notes to Financial Statements  
Earnings Per Share [Text Block]
1
0
.
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
twenty-six
week periods ended
June 29, 2019
and
June 30, 2018
was determined as follows:
 
   
Thirteen Week Periods Ended
   
Twenty-Six Week Periods Ended
 
   
June 29,
2019
   
June 30,
2018
   
June 29,
2019
   
June 30,
2018
 
                                 
Basic weighted average shares outstanding
   
12,880,179
     
12,239,758
     
12,868,356
     
12,239,259
 
Dilutive effect of outstanding restricted share units
   
57,932
     
21,895
     
50,727
     
20,200
 
Weighted average dilutive shares outstanding
   
12,938,111
     
12,261,653
     
12,919,083
     
12,259,459
 
 
For all periods presented, there were
no
anti-dilutive shares
not
included in the calculation of common stock equivalents as there were
no
stock options outstanding.
 
Unissued shares of common stock were reserved for the following purposes:
 
   
June 29,
2019
   
December 29,
2018
 
                 
Time-based restricted stock units outstanding
   
120,372
     
147,372
 
Performance-based restricted stock units outstanding
   
320,000
     
200,000
 
Future grants of options or shares
   
267,551
     
442,699
 
Shares reserved for employee stock purchase plan
   
326,952
     
386,403
 
                 
Total
   
1,034,875
     
1,176,474