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EXHIBIT 11
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE
FOR THE QUARTERS ENDED APRIL 1, 2006 AND APRIL 2, 2005
(Unaudited)
2006 | 2005 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,012,000 | $ 1,002,000 |
Average common shares outstanding | 7,191,000 | 7,399,000 |
Basic Earnings Per Common Share | $ 0.14 | $ 0.14 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,012,000 | $ 1,002,000 |
Average common shares outstanding | 7,191,000 | 7,399,000 |
Dilutive effect of restricted stock | 85,000 | 72,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 118,000 | 204,000 |
Total diluted common shares outstanding | 7,394,000 | 7,675,000 |
Diluted Earnings Per Common Share | $ 0.14 | $ 0.13 |
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