Aldila 10-Q 2009 Q2 Quarterly report

Exhibit 11.1

ALDILA, INC. AND SUBSIDIARIES

COMPUTATION OF NET INCOME PER COMMON SHARE - UNAUDITED

(In thousands, except per share amounts)

	Three months ended						Six months ended
	June 30,						June 30,
	2009			2008			2009			2008
BASIC:
Net loss	$	(627	)	$	(523	)	$	(675	)	$	(65	)
Weighted average number of common shares outstanding	5,174			5,155			5,174			5,155
Net loss per common share	$	(0.12	)	$	(0.10	)	$	(0.13	)	$	(0.01	)
ASSUMING DILUTION:
Net loss	$	(627	)	$	(523	)	$	(675	)	$	(65
Weighted average number of common shares outstanding	5,174			5,155			5,174			5,155
The number of shares resulting from the assumed exercise of stock options reduced by the number of shares which could have been purchased with the proceeds from such exercise, using the average market price during the period	—			—			—			—
Weighted average number of common and common equivalent shares	5,174			5,155			5,174			5,155
Net loss per common share, assuming dilution	$	(0.12	)	$	(0.10	)	$	(0.13	)	$	(0.01	)