v3.26.1
Note 9 - Per Share Data
3 Months Ended
Apr. 04, 2026
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 weeks ended April 4, 2026 and March 29, 2025 was determined as follows:

 

  

Thirteen Weeks Ended

 
  

April 4,

2026

  

March 29,

2025

 

Basic weighted average shares outstanding

  7,253,843   7,616,460 

Dilutive effect of outstanding restricted share awards

  158,472   125,021 

Diluted weighted average shares outstanding

  7,412,315   7,741,481 

 

For all periods presented, there were no stock options outstanding.

 

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

 

  

April 4,

2026

  

March 29,

2025

 

Time-based restricted stock awards outstanding

  172,136   215,520 

Performance-based restricted stock awards outstanding

  281,407   187,500 

Future grants of options or shares

  1,252,652   365,680 

Shares reserved for employee stock purchase plan

  198,304   233,927 
         

Total

  1,904,449   1,002,627