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Constraining | ||
Legalese | ||
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NU HORIZONS ELECTRONICS CORP.
Computation of Per Share Earnings
EXHIBIT 11
For The Year Ended | ||||||||||
February 28, 2003 | February 28, 2002 | February 29, 2001 | ||||||||
BASIC EARNINGS: | ||||||||||
Net income | $ | (2,511,238 | ) | $ | 2,219,676 | $ | 35,352,085 | |||
SHARES | ||||||||||
Weighted average number of common shares outstanding |
| 16,663,817 |
|
| 16,574,911 |
| 16,213,084 | |||
Basic earnings per common share | $ | (.15 | ) | $ | .13 | $ | 2.18 | |||
DILUTED EARNINGS: | ||||||||||
Net income as adjusted | $ | (2,511,238 | ) | $ | 2,219,676 | $ | 35,352,085 | |||
SHARES: | ||||||||||
Weighted average number of common shares outstanding |
| 16,663,817 |
|
| 16,574,911 |
| 16,213,084 | |||
Stock options |
| 754,922 |
|
| 855,421 |
| 1,532,991 | |||
Weighted average number of common shares outstanding as adjusted |
| 17,418,739 |
|
| 17,430,332 |
| 17,746,075 | |||
DILUTED EARNINGS PER COMMON SHARE | $ | (.14 | ) | $ | .13 | $ | 1.99 | |||