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, | |
| 2016 2015 | 2016 2015 |
NET INCOME | $(8,095) | $109,631 | $(519,728) | $(437,688) |
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Net Income (Loss) applicable to common shares for diluted earnings per share | $(8,095) | $109,631 | $(519,728) | $(437,688) |
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SHARES OUTSTANDING | 1,638,215 | 1,638,215 | 1,638,215 | 1,638,215 |
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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 | 1,638,215 | 1,638,215 | 1,638,215 | 1,638,215 |
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Basic Earnings Per Common Share | $(.01) | $.07 | $(.32) | $(.27) |
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Diluted Earnings Per Common Share | $(.01) | $.07 | $(.27) | $(.27) |
* Net effect of stock options was antidilutive for the period.
