EXHIBIT 11.1
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE
FOR THE QUARTERS ENDED JULY 5, 2003 AND JUNE 29, 2002
(Unaudited)
2003 | 2002 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 581,000 | $ 1,224,000 |
Average common shares outstanding | 7,435,000 | 7,330,000 |
Basic Earnings Per Common Share | $ 0.08 | $ 0.17 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Net income | $ 581,000 | $ 1,224,000 |
Average common shares outstanding | 7,435,000 | 7,330,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 17,000 | 6,000 |
Total diluted common shares outstanding | 7,452,000 | 7,336,000 |
Diluted Earnings Per Common Share | $ 0.08 | $ 0.17 |
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EXHIBIT 11.2
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE
FOR THE SIX MONTHS ENDED JULY 5, 2003 AND JUNE 29, 2002
(Unaudited)
2003 | 2002 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,470,000 | $ 1,905,000 |
Average common shares outstanding | 7,392,000 | 7,329,000 |
Basic Earnings Per Common Share | $ 0.20 | $ 0.26 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,470,000 | $ 1,905,000 |
Average common shares outstanding | 7,392,000 | 7,329,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 8,000 | 6,000 |
Total diluted common shares outstanding | 7,400,000 | 7,335,000 |
Diluted Earnings Per Common Share | $ 0.20 | $ 0.26 |
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