Hurco Companies (HURC) 10-Q 2007 Q4 Quarterly report

Exhibit 11
Computation of Per Share Earnings
	Three Months Ended								Nine Months Ended
	July 31,								July 31,
	2007				2006				2007				2006
(in thousands, except per share data)
	Basic		Diluted		Basic		Diluted		Basic		Diluted		Basic		Diluted
Net income	$	5,163	$	5,163	$	3,802	$	3,802	$	15,239	$	15,239	$	10,764	$	10,764
Weighted-average shares
outstanding		6,379		6,379		6,308		6,308		6,379		6,379		6,308		6,308
Dilutive effect of stock options		--		61		--		84		--		56		--		85
		6,379		6,440		6,308		6,392		6,379		6,435		6,308		6,393
Income per common share	$	0.81	$	0.80	$	0.60	$	0.59	$	2.39	$	2.37	$	1.71	$	1.68