EXHIBIT 11
ESTERLINE TECHNOLOGIES CORPORATION
Computation of Basic and Diluted Earnings Per Common Share
For the Three and Six Month Periods Ended March 31, 2017 and April 1, 2016
(Unaudited)
(In thousands, except per share amounts)
Three Months Ended |
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| Six Months Ended |
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| March 31, |
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| April 1, |
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| March 31, |
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| April 1, |
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| 2017 |
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| 2016 |
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| 2017 |
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| 2016 |
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Basic |
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Weighted Average Number of Shares Outstanding |
| 29,719 |
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| 29,588 |
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| 29,633 |
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| 29,585 |
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Earnings (Loss) Per Share Attributable to Esterline - Basic: |
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Continuing Operations | $ | 1.18 |
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| $ | 0.58 |
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| $ | 1.91 |
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| $ | 0.91 |
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Discontinued Operations |
| - |
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| (0.07 | ) |
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| (0.18 | ) |
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| (0.23 | ) |
Earnings (Loss) Per Share Attributable to Esterline - Basic | $ | 1.18 |
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| $ | 0.51 |
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| $ | 1.73 |
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| $ | 0.68 |
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Diluted |
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Weighted Average Number of Shares Outstanding |
| 29,719 |
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| 29,588 |
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| 29,633 |
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| 29,585 |
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Net Shares Assumed to be Issued for Stock Options and RSUs |
| 240 |
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| 237 |
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| 262 |
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| 297 |
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Weighted Average Number of Shares and Equivalent Shares Outstanding - Diluted |
| 29,959 |
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| 29,825 |
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| 29,895 |
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| 29,882 |
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Earnings (Loss) Per Share Attributable to Esterline - Diluted: |
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Continuing Operations | $ | 1.17 |
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| $ | 0.57 |
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| $ | 1.90 |
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| $ | 0.90 |
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Discontinued Operations |
| - |
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| (0.07 | ) |
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| (0.18 | ) |
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| (0.23 | ) |
Earnings (Loss) Per Share Attributable to Esterline - Diluted | $ | 1.17 |
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| $ | 0.50 |
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| $ | 1.72 |
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| $ | 0.67 |
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