EXHIBIT 11.1
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE
FOR THE QUARTERS ENDED SEPTEMBER 30, 2006 AND OCTOBER 1, 2005
(Unaudited)
2006 | 2005 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,329,000 | $ 215,000 |
Average common shares outstanding | 7,120,000 | 7,346,000 |
Basic Earnings per Common Share | $ 0.19 | $ 0.03 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Net income | $ 1,329,000 | $ 215,000 |
Average common shares outstanding | 7,120,000 | 7,346,000 |
Dilutive effect of restricted stock | 96,000 | 79,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 149,000 | 187,000 |
Total diluted common shares outstanding | 7,365,000 | 7,612,000 |
Diluted earnings per share | $ 0.18 | $ 0.03 |
EXHIBIT 11.2
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2006 AND OCTOBER 1, 2005
(Unaudited)
2006 | 2005 | |
BASIC EARNINGS PER COMMON SHARE: | ||
Net income | $ 3,690,000 | $ 2,726,000 |
Average common shares outstanding | 7,155,000 | 7,379,000 |
Basic Earnings Per Common Share | $ 0.52 | $ 0.37 |
DILUTED EARNINGS PER COMMON SHARE: | ||
Income from continuing operations | $ 3,690,000 | $ 2,726,000 |
Average common shares outstanding | 7,155,000 | 7,379,000 |
Dilutive effect of restricted stock | 96,000 | 79,000 |
Common shares issuable in respect to options issued to employees with a dilutive effect | 134,000 | 191,000 |
Total diluted common shares outstanding | 7,385,000 | 7,649,000 |
Diluted Earnings Per Common Share | $ 0.50 | $ 0.36 |