EXHIBIT 11
DUCOMMUN INCORPORATED AND SUBSIDIARIES
RECONCILIATION OF THE NUMERATORS AND DENOMINATORS OF
THE BASIC AND DILUTED EARNINGS PER SHARE COMPUTATIONS
For the Year Ended December 31, 2003 | |||||||||
Income (Numerator) | Shares (Denominator) | Per-Share Amount | |||||||
Basic EPS | |||||||||
Income Available to Common Stockholders | $ | 16,201,000 | 9,876,000 | $ | 1.65 | ||||
Effect of Dilutive Securities | |||||||||
Stock Options | 83,000 | 83,000 | |||||||
Diluted EPS | |||||||||
Income Available to Common Stockholders | $ | 16,201,000 | $ | 9,959,000 | $ | 1.63 | |||
For the Year Ended December 31, 2002 | |||||||||
Income (Numerator) | Shares (Denominator) | Per-Share Amount | |||||||
Basic EPS | |||||||||
Income Available to Common Stockholders | $ | 6,505,000 | 9,806,000 | $ | .66 | ||||
Effect of Dilutive Securities | |||||||||
Stock Options | - | 148,000 | |||||||
Diluted EPS | |||||||||
Income Available to Common Stockholders | $ | 6,505,000 | $ | 9,954,000 | $ | .65 | |||
For the Year Ended December 31, 2001 | |||||||||
Income (Numerator) | Shares (Denominator) | Per-Share Amount | |||||||
Basic EPS | |||||||||
Income Available to Common Stockholders | $ | 14,603,000 | 9,662,000 | $ | 1.51 | ||||
Effect of Dilutive Securities | |||||||||
Stock Options | - | 64,000 | |||||||
Diluted EPS | |||||||||
Income Available to Common Stockholders | $ | 14,603,000 | 9,726,000 | $ | 1.50 | ||||