Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Earnings (Loss) Per Common Share - Common Shares Outstanding for Basic and Diluted Earnings Per Share (Details)

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Note 8 - Earnings (Loss) Per Common Share - Common Shares Outstanding for Basic and Diluted Earnings Per Share (Details) - shares
3 Months Ended 9 Months Ended
Sep. 30, 2018
Oct. 01, 2017
Sep. 30, 2018
Oct. 01, 2017
Basic weighted average shares outstanding (in shares) 19,335,253 16,824,538 17,866,399 16,764,257
Dilutive stock awards (1) (a) (in shares) [1],[2] 651,503 651,503
Diluted weighted average shares outstanding (in shares) 19,986,756 16,824,538 18,517,902 16,764,257
[1] Dilutive options were determined using the treasury stock method, using an average price of $1.27 per share for three months ended October 1, 2017. As a result of the net loss for the three months ended October 1, 2017, diluted earnings per share was calculated using the basic weighted average shares outstanding as the effect of potential common shares would have been anti-dilutive. Had there been net income for the three months ended October 1, 2017, dilutive stock awards would have been calculated as 663,400 shares. For the nine months ended October 1, 2017, dilutive options were determined using the treasury stock method, using an average price of $1.31 per share. Total dilutive stock awards were calculated as 696,177 shares.
[2] Dilutive stock awards include outstanding restricted stock units and in the money stock options determined using the treasury stock method