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Note 9 - Per Share Data
9 Months Ended
Sep. 27, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

9.

Per Share Data

 

The Company uses the treasury stock method to calculate the weighted-average shares outstanding used for diluted earnings per share. The number of weighted-average shares used to calculate basic and diluted earnings per share for the thirteen and thirty-nine weeks ended September 27, 2025 and September 28, 2024 was determined as follows:

 

  

Thirteen Weeks Ended

  

Thirty-Nine Weeks Ended

 
  

September 27,

2025

  

September 28,

2024

  

September 27,

2025

  

September 28,

2024

 

Basic weighted average shares outstanding

  7,409,009   7,634,113   7,477,434   7,783,481 

Dilutive effect of outstanding restricted share awards

  205,686   155,333   179,495   206,757 

Diluted weighted average shares outstanding

  7,614,695   7,789,446   7,656,929   7,990,238 

 

For all periods presented, there were no anti-dilutive shares 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:

 

  

September 27,

2025

  

December 28,

2024

 

Time-based restricted stock awards outstanding

  231,248   289,421 

Performance-based restricted stock awards outstanding

  287,263   300,000 

Future grants of options or shares

  247,417   295,680 

Shares reserved for employee stock purchase plan

  216,574   252,119 
         

Total

  982,502   1,137,220