Hurco Companies (HURC) 10-Q2009 Q2 Quarterly report

Filed: 5 Jun 09, 12:00am

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Readability	8th grade Good

New words: Africa, calendar, Canadian, chapter, consecutive, counterparty, discretionary, documenting, electronically, employee, exposure, greatest, indefinite, ineffective, institution, instrument, labor, maintain, matching, matter, Poland, post, posted, ranging, recession, regular, Regulation, retirement, save, scope, site, South, Spain, statutory, stemming, suspended, suspension, travel, unhedged, vary, verifying, Web, workforce

Removed: continued, deteriorating, expanded, January, Legal, multiplied, offering, Qualitative, Quantitative, reclassified, released, substantial

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Exhibit 11

Computation of Per Share Earnings

	Three Months Ended										Six Months Ended
	April 30,										April 30,
	2009						2008				2009				2008
(in thousands, except per share data)
	Basic			Diluted			Basic		Diluted		Basic		Diluted		Basic		Diluted

Net income (loss)	$	(281	)	$	(281	)	$	5,467	$	5,467	$	73	$	73	$	13,272	$	13,272

Weighted-average shares Outstanding		6,421			6,421			6,410		6,410		6,421		6,421		6,410		6,410

Dilutive effect of stock options		—			—			—		34		—		9		—		32
		6,421			6,421			6,410		6,444		6,421		6,430		6,410		6,442

Income (loss) per common share	$	(0.04	)	$	(0.04	)	$	0.85	$	0.85	$	0.01	$	0.01	$	2.07	$	2.06