v3.26.1
Note 9 - Per Share Data
6 Months Ended
Jul. 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 and twenty-six weeks ended July 4, 2026 and June 28, 2025 was determined as follows:

 

  

Thirteen Weeks Ended

  

Twenty-Six Weeks Ended

 
  

July 4,

2026

  

June 28,

2025

  

July 4,

2026

  

June 28,

2025

 

Basic weighted average shares outstanding

  7,085,529   7,406,831   7,169,686   7,511,646 

Dilutive effect of outstanding restricted share awards

  101,987   130,956   147,288   138,626 

Diluted weighted average shares outstanding

  7,187,516   7,537,787   7,316,974   7,650,272 

 

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:

 

  

July 4,

2026

  

June 28,

2025

 

Time-based restricted stock awards outstanding

  172,136   234,020 

Performance-based restricted stock awards outstanding

  156,407   287,263 

Future grants of options or shares

  1,273.386   247,417 

Shares reserved for employee stock purchase plan

  198,304   233,927 
         

Total

  1,800,233   1,002,627