EXHIBIT 11 HICKOK INCORPORATED CONSOLIDATED STATEMENT OF COMPUTATION OF EARNINGS PER COMMON SHARE AND SHARE EQUIVALENTS Year Ended September 30, ------------------------ 2002 2001 2000 NET INCOME Net income <loss> applicable to common shares for basic earnings per share $ 244,406 $ (662,106) $ (410,604) ------------ ------------ ------------ Net income <loss> applicable to common shares for diluted earnings per share $ 244,406 $ (662,106) $ (410,604) ------------ ------------ ------------ SHARES OUTSTANDING Weighted average shares for basic earnings per share 1,219,750 1,218,374 1,204,276 Net effect of dilutive stock options - based on the treasury stock method using year-end market price, if higher than average market price 21,370 - * - * ------------ ----------- ------------ Total shares for diluted earnings per share 1,241,120 1,218,374 1,204,276 Basic Earnings Per Common Share $ .20 $ (.54) $ (.34) ------------ ------------ ------------ Diluted Earnings Per Common Share $ .20 $ (.54) $ (.34) ------------ ------------ ------------ * Net effect of stock options was anti-dilutive for the period.
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10-K Filing
CRAWFORD UNITED (CRAWA) 10-K2002 FY Annual report
Filed: 20 Dec 02, 12:00am