EXHIBIT 11.1
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS (LOSS) PER SHARE
FOR THE QUARTERS ENDED SEPTEMBER 29, 2001 AND SEPTEMBER 30, 2000
(Unaudited)
2001 | 2000 | |
BASIC EARNINGS (LOSS) PER COMMON SHARE: | ||
Net income (loss) | $ (3,311,000) | $ 1,973,000 |
Average common shares outstanding | 7,328,000 | 7,513,000 |
Basic Earnings (Loss) per Common Share | $ (0.45) | $ 0.26 |
DILUTED EARNINGS (LOSS) PER COMMON SHARE: | ||
Net income (loss) | $ (3,311,000) | $ 1,973,000 |
Average common shares outstanding | 7,328,000 | 7,513,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | -- | 125,000 |
Total diluted common shares outstanding | 7,328,000 | 7,638,000 |
Diluted Earnings (Loss) per Common Share | $ (0.45) | $ 0.26 |
EXHIBIT 11.2
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS (LOSS) PER SHARE
FOR THE NINE MONTHS ENDED SEPTEMBER 29, 2001 AND SEPTEMBER 30, 2000
(Unaudited)
2001 | 2000 | |
BASIC EARNINGS (LOSS) PER COMMON SHARE: | ||
Net income (loss) | $ (1,271,000) | $ 7,003,000 |
Average common shares outstanding | 7,318,000 | 7,626,000 |
Basic Earnings (Loss) per Common Share | $ (0.17) | $ 0.92 |
DILUTED EARNINGS (LOSS) PER COMMON SHARE: | ||
Net income (loss) | $ (1,271,000) | $ 7,003,000 |
Average common shares outstanding | 7,318,000 | 7,626,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | -- | 111,000 |
Total diluted common shares outstanding | 7,318,000 | 7,737,000 |
Diluted Earnings (Loss) per Common Share | $ (0.17) | $ 0.91 |