EXHIBIT 11.1
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE
FOR THE QUARTERS ENDED JULY 2, 2005 AND JULY 3, 2004
(Unaudited)
2005 | 2004 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,509,000 | $ 1,130,000 |
Average common shares outstanding | 7,398,000 | 7,352,000 |
Basic Earnings Per Common Share | $ 0.20 | $ 0.15 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,509,000 | $ 1,130,000 |
Average common shares outstanding | 7,398,000 | 7,352,000 |
Dilutive effect of restricted stock | 75,000 | 54,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 181,000 | 109,000 |
Total diluted common shares outstanding | 7,654,000 | 7,515,000 |
Diluted Earnings Per Common Share | $ 0.20 | $ 0.15 |
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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 2, 2005 AND JULY 3, 2004
(Unaudited)
2005 | 2004 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 2,511,000 | $ 2,385,000 |
Average common shares outstanding | 7,397,000 | 7,348,000 |
Basic Earnings Per Common Share | $ 0.34 | $ 0.32 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Net income | $ 2,511,000 | $ 2,385,000 |
Average common shares outstanding | 7,397,000 | 7,348,000 |
Dilutive effect of restricted stock | 75,000 | 50,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 194,000 | 85,000 |
Total diluted common shares outstanding | 7,666,000 | 7,483,000 |
Diluted Earnings Per Common Share | $ 0.33 | $ 0.32 |
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