EXHIBIT 11.1
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE
FOR THE QUARTERS ENDED JUNE 29, 2002 AND JUNE 30, 2001
(Unaudited)
2002 | 2001 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,224,000 | $ 1,023,000 |
Average common shares outstanding | 7,330,000 | 7,317,000 |
Basic Earnings Per Common Share | $ 0.17 | $ 0.14 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,224,000 | $ 1,023,000 |
Average common shares outstanding | 7,330,000 | 7,317,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 6,000 | 73,000 |
Total diluted common shares outstanding | 7,336,000 | 7,390,000 |
Diluted Earnings Per Common Share | $ 0.17 | $ 0.14 |
EXHIBIT 11.2
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE
FOR THE SIX MONTHS ENDED JUNE 29, 2002 AND JUNE 30, 2001
(Unaudited)
2002 | 2001 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,905,000 | $ 2,040,000 |
Average common shares outstanding | 7,329,000 | 7,314,000 |
Basic Earnings Per Common Share | $ 0.26 | $ 0.28 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,905,000 | $ 2,040,000 |
Average common shares outstanding | 7,329,000 | 7,314,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 6,000 | 100,000 |
Total diluted common shares outstanding | 7,335,000 | 7,414,000 |
Diluted Earnings Per Common Share | $ 0.26 | $ 0.28 |