FORM 10-Q
EXHIBIT 11
HICKOK INCORPORATED
CONSOLIDATED STATEMENT OF COMPUTATION OF EARNINGS
PER COMMON SHARE AND COMMON SHARE EQUIVALENTS
Three Months Ended | Nine Months Ended | |
June 30, | June 30, | |
2010 2009 | 2010 2009 |
NET INCOME | $<151,479> | $<234,861> | $<422,312> | $<3,625,467> |
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Net Income <Loss> applicable to common shares for diluted earnings per share | $<151,479> | $<234,861> | $<422,312> | $<3,625,467> |
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SHARES OUTSTANDING | 1,248,095 | 1,248,095 | 1,248,095 | 1,248,095 |
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Net effect of dilutive stock options - based on the treasury stock method using year-end market price, if higher than average market price | * |
| * | * |
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Total shares for diluted earnings per share | 1,248,095 | 1,248,095 | 1,248,095 | 1,248,095 |
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Basic Earnings Per Common Share | $<.12> | $.<19> | $<.34> | $<2.90> |
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Diluted Earnings Per Common Share | $<.12> | $<.19> | $<.34> | $<2.90> |
* Net effect of stock options was antidilutive for the period.