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EXHIBIT 11
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE
FOR THE QUARTERS ENDED MARCH 30, 2002 AND MARCH 31, 2001
(Unaudited)
2002 | 2001 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 681,000 | $ 1,017,000 |
Average common shares outstanding | 7,329,000 | 7,311,000 |
Basic Earnings Per Common Share | $ 0.09 | $ 0.14 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Net income | $ 681,000 | $ 1,017,000 |
Average common shares outstanding | 7,329,000 | 7,311,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 5,000 | 126,000 |
Total diluted common shares outstanding | 7,334,000 | 7,437,000 |
Diluted Earnings Per Common Share | $ 0.09 | $ 0.14 |