EXHIBIT 11.1
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE
FOR THE QUARTERS ENDED JULY 1, 2006 AND JULY 2, 2005
(Unaudited)
2006 | 2005 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,349,000 | $ 1,509,000 |
Average common shares outstanding | 7,150,000 | 7,398,000 |
Basic Earnings Per Common Share | $ 0.19 | $ 0.20 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,349,000 | $ 1,509,000 |
Average common shares outstanding | 7,150,000 | 7,398,000 |
Dilutive effect of restricted stock | 91,000 | 75,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 134,000 | 181,000 |
Total diluted common shares outstanding | 7,375,000 | 7,654,000 |
Diluted Earnings Per Common Share | $ 0.18 | $ 0.20 |
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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 1, 2006 AND JULY 2, 2005
(Unaudited)
2006 | 2005 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 2,361,000 | $ 2,511,000 |
Average common shares outstanding | 7,169,000 | 7,397,000 |
Basic Earnings Per Common Share | $ 0.33 | $ 0.34 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Net income | $ 2,361,000 | $ 2,511,000 |
Average common shares outstanding | 7,169,000 | 7,397,000 |
Dilutive effect of restricted stock | 90,000 | 75,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 127,000 | 194,000 |
Total diluted common shares outstanding | 7,386,000 | 7,666,000 |
Diluted Earnings Per Common Share | $ 0.32 | $ 0.33 |
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