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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, | ||
2015 | 2014 | |
NET INCOME | $(47,189) | $(270,656) |
Net income (loss) applicable to common | $(47,189) | $(270,656) |
SHARES OUTSTANDING | 1,638,215 | 1,638,215 |
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 | 1,638,215 | 1,638,215 |
Basic Earnings Per Common Share | $(.03) | $(.17) |
Diluted Earnings Per Common Share | $(.03) | $(.17) |
* Net effect of stock options, warrants and Convertible Note were antidilutive for the period.