Quarterly report pursuant to Section 13 or 15(d)

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

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Note 8 - Earnings Per Common Share - Common Shares Outstanding for Basic and Diluted Earnings Per Share (Details) - shares
3 Months Ended
Apr. 01, 2018
Apr. 02, 2017
Basic weighted average shares outstanding (in shares) 17,041,504 16,660,900
Dilutive stock awards (a) (b) (in shares) [1],[2] 482,386
Diluted weighted average shares outstanding (in shares) 17,523,890 16,660,900
[1] For the three months ended April 1, 2018, as a result of net income for the period, dilutive earnings per share were calculated using the treasury stock method. The dilutive stock awards have been calculated as 482,386 for the three months ended April 1, 2018 related to outstanding unvested restricted stock units and incremental in-the-money stock options.
[2] For the three months ended April 2, 2017, as a result of net losses for the periods, dilutive earnings per share were 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 periods, dilutive stock awards would have been calculated as 887,138 for the three months ended April 2, 2017, respectively related to outstanding unvested restricted stock units and incremental in-the-money stock options.