Crawford United (CRAWA) 10-Q2002 Q1 Quarterly report

Filed: 14 Feb 02, 12:00am

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New words: borrowing, comply, confident, decline, declined, effort, electric, element, extended, extensive, favorable, impairment, indefinite, intangible, joint, Letter, longer, magnitude, negotiated, negotiation, pay, pneumatic, practical, principle, QUALITATIVE, QUANTITATIVE, recognized, reflection, Restated, system, tighten, trend, unamortized, XQuarterly

Removed: assuming, commercial, connection, Depreciation, dilution, Financing, geographical, Investing, LIBOR, par, prepaid, prime, Sept, short, specifically, threading

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FORM 10-Q

EXHIBIT 11

HICKOK INCORPORATED
CONSOLIDATED STATEMENT OF COMPUTATION OF EARNINGS
PER COMMON SHARE AND COMMON SHARE EQUIVALENTS

Three Months Ended
December 31,
2001	2000

NET INCOME Net income <loss> applicable to common shares for basic earnings per share	$ <208,540>	$ <344,563>

Net income <loss> applicable to common shares for diluted earnings per share	$ <208,540>	$ <344,563>

SHARES OUTSTANDING Weighted average shares for basic earnings per share	1,219,750	1,217,750

Net effect of dilutive stock options - based on the treasury stock method using year-end market price, if higher than average market price	- *	-*

Total shares for diluted earnings per share	1,219,750	1,217,750

Basic Earnings Per Common Share	$ <.17>	$ <.28>

Diluted Earnings Per Common Share	$ <.17>	$ <.28>

* Net effect of stock options was antidilutive for the period.

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