Note 14 - Earnings Per Share of Common Stock
 12 Months Ended
Oct. 01, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
14.
EARNINGS PER SHARE OF COMMON STOCK
 
The following table sets forth the computation of basic and diluted earnings per share of common stock.
 
 
 
2016
 
  
2015
    
2014
  
Numerator for basic and diluted earnings per share:
                        
Net income
 
$
4,247,331
 
   $
3,993,398
    $
2,590,767
 
                         
Denominator:
                        
Denominator for basic earnings per share:
                        
Weighted average shares
 
 
2,734,862
 
    
2,978,107
     
2,948,992
 
Effect of dilutive securities:
                        
Employee stock options
 
 
23,257
 
    
27,975
     
44,341
 
Denominator for diluted earnings per share:
                        
Adjusted weighted average shares and assumed conversions
 
 
2,758,119
 
    
3,006,082
     
2,993,333
 
                         
Net income per share:
                        
Basic
 
$
1.55
 
   $
1.34
    $
0.88
 
Diluted
 
$
1.54
 
   $
1.33
    $
0.87