EXHIBIT 11 SENECA FOODS CORPORATION AND SUBSIDIARIES COMPUTATION OF EARNINGS PER SHARE (In thousands except per share data) Three Months Ended ------------------ 6/28/03 6/29/02 ------- ------- Basic Net Earnings Applicable to Common Stock: Net Earnings $ 3,362 $ 1,932 Deduct Preferred Cash Dividends 6 6 --------------------------- Net Earnings Applicable to Common Stock $ 3,356 $ 1,926 =========================== Weighted Average Common Shares Outstanding for Basic Earnings per Share 6,675 6,589 =========================== Basic Earnings Per Share $ .55 $ .29 =========================== Diluted Net Earnings Applicable to Common Stock: Net Earnings Applicable to Common Stock $ 3,356 $ 1,926 Add Back Preferred Cash Dividends 5 5 --------------------------- Net Earnings Applicable to Common Stock $ 3,361 $ 1,931 =========================== Weighted Average Common Shares Outstanding 6,675 6,589 Effect of Convertible Preferred Stock 3,873 3,636 --------------------------- Weighted Average Common Shares Outstanding for Diluted Earnings per Share 10,548 10,225 =========================== Diluted Earnings Per Share $ .35 $ .19 ===========================