EXHIBIT 11.1
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE
FOR THE QUARTERS ENDED OCTOBER 4, 2003 AND SEPTEMBER 28, 2002
(Unaudited)
2003 | 2002 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 590,000 | $ 1,084,000 |
Average common shares outstanding | 7,474,000 | 7,334,000 |
Basic Earnings Per Common Share | $ 0.08 | $ 0.15 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Net income | $ 590,000 | $ 1,084,000 |
Average common shares outstanding | 7,474,000 | 7,334,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 43,000 | 9,000 |
Total diluted common shares outstanding | 7,517,000 | 7,343,000 |
Diluted Earnings Per Common Share | $ 0.08 | $ 0.15 |
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EXHIBIT 11.2
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE
FOR THE NINE MONTHS ENDED OCTOBER 4, 2003 AND SEPTEMBER 28, 2002
(Unaudited)
2003 | 2002 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 2,060,000 | $ 2,989,000 |
Average common shares outstanding | 7,416,000 | 7,331,000 |
Basic Earnings Per Common Share | $ 0.28 | $ 0.41 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Net income | $ 2,060,000 | $ 2,989,000 |
Average common shares outstanding | 7,416,000 | 7,331,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 16,000 | 6,000 |
Total diluted common shares outstanding | 7,432,000 | 7,337,000 |
Diluted Earnings Per Common Share | $ 0.28 | $ 0.41 |
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