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, 2004 | ||||||||
Income (Numerator) | Shares (Denominator) | Per-Share Amount | ||||||
Basic EPS | ||||||||
Income Available to Common Stockholders | $ | 11,172,000 | 9,976,000 | $ | 1.12 | |||
Effect of Dilutive Securities | ||||||||
Stock Options | 205,000 | |||||||
Diluted EPS | ||||||||
Income Available to Common Stockholders | $ | 11,172,000 | 10,181,000 | $ | 1.10 | |||
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 | $ | 1.64 | |||
Effect of Dilutive Securities | ||||||||
Stock Options | 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 | |||