Esterline Technologies 10-Q 2017 Q3 Quarterly report

EXHIBIT 11

ESTERLINE TECHNOLOGIES CORPORATION

Computation of Basic and Diluted Earnings Per Common Share

For the Three and Nine Month Periods Ended June 30, 2017, and July 1, 2016

(Unaudited)

(In thousands, except per share amounts)

	Three Months Ended						Nine Months Ended
	June 30,			July 1,			June 30,			July 1,
	2017			2016			2017			2016
Basic
Weighted Average Number of Shares Outstanding		29,830			29,381			29,698			29,517
Earnings (Loss) Per Share Attributable to Esterline - Basic:
Continuing Operations	$	1.05		$	1.30		$	2.96		$	2.19
Discontinued Operations		(0.03	)		(0.30	)		(0.21	)		(0.52	)
Earnings (Loss) Per Share Attributable to    Esterline - Basic	$	1.02		$	1.00		$	2.75		$	1.67
Diluted
Weighted Average Number of Shares Outstanding		29,830			29,381			29,698			29,517
Net Shares Assumed to be Issued for Stock Options    and RSUs		238			220			255			271
Weighted Average Number of Shares and Equivalent    Shares Outstanding - Diluted		30,068			29,601			29,953			29,788
Earnings (Loss) Per Share Attributable to Esterline - Diluted:
Continuing Operations	$	1.04		$	1.28		$	2.94		$	2.18
Discontinued Operations		(0.03	)		(0.29	)		(0.21	)		(0.52	)
Earnings (Loss) Per Share Attributable to    Esterline - Diluted	$	1.01		$	0.99		$	2.73		$	1.66