EXHIBIT 11.1
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS (LOSS) PER SHARE
FOR THE QUARTERS ENDED SEPTEMBER 28, 2002 AND SEPTEMBER 29, 2001
(Unaudited)
2002 | 2001 | |
BASIC EARNINGS (LOSS) PER COMMON SHARE: | ||
Net income (loss) | $ 1,084,000 | $ (3,311,000) |
Average common shares outstanding | 7,334,000 | 7,328,000 |
Basic Earnings (Loss) Per Common Share | $ 0.15 | $ (0.45) |
DILUTED EARNINGS (LOSS) PER COMMON SHARE: | ||
Net income (loss) | $ 1,084,000 | $ (3,311,000) |
Average common shares outstanding | 7,334,000 | 7,328,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 9,000 | -- |
Total diluted common shares outstanding | 7,343,000 | 7,328,000 |
Diluted Earnings (Loss) Per Common Share | $ 0.15 | $ (0.45) |
EXHIBIT 11.2
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS (LOSS) PER SHARE
FOR THE NINE MONTHS ENDED SEPTEMBER 28, 2002 AND SEPTEMBER 29, 2001
(Unaudited)
2002 | 2001 | |
BASIC EARNINGS (LOSS) PER COMMON SHARE: | ||
Net income (loss) | $ 2,989,000 | $ (1,271,000) |
Average common shares outstanding | 7,331,000 | 7,318,000 |
Basic Earnings (Loss) Per Common Share | $ 0.41 | $ (0.17) |
DILUTED EARNINGS (LOSS) PER COMMON SHARE: | ||
Net income (loss) | $ 2,989,000 | $ (1,271,000) |
Average common shares outstanding | 7,331,000 | 7,318,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 6,000 | -- |
Total diluted common shares outstanding | 7,337,000 | 7,318,000 |
Diluted Earnings (Loss) Per Common Share | $ 0.41 | $ (0.17) |