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, | ||
| 2013 | 2012 | |
NET INCOME | $(320,287) | $143,804 |
Net income (loss) applicable to common | $(320,287) | $143,804 |
SHARES OUTSTANDING | 1,638,215 | 1,528,541 |
Net effect of dilutive stock options - based on the treasury stock method using year-end market price, if higher than average market price | -* | 12,942 |
Total shares for diluted earnings per share | 1,638,215 | 1,541,483 |
Basic Earnings Per Common Share | $(.20) | $.09 |
Diluted Earnings Per Common Share | $(.20) | $.09 |
* Net effect of stock options and warrants were antidilutive for the period.
