EXHIBITS TO FORM 10-Q FOR QUARTER ENDED October 2, 1999 EXHIBIT 11.1 BAIRNCO CORPORATION CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE FOR THE QUARTERS ENDED OCTOBER 2, 1999 AND OCTOBER 3, 1998 (Unaudited) 1999 1998 BASIC EARNINGS PER COMMON SHARE: Net income $ 2,013,000 $ 1,173,000 Average common shares outstanding 7,895,000 8,567,000 Basic Earnings Per Common Share $ 0.25 $ 0.14 DILUTED EARNINGS PER COMMON SHARE: Net income $ 2,013,000 $ 1,173,000 Average common shares outstanding 7,895,000 8,567,000 Common shares issuable in respect to options issued to employees with a dilutive effect 125,000 42,000 Total diluted common shares outstanding 8,020,000 8,609,000 Diluted Earnings Per Common Share $ 0.25 $ 0.14 EXHIBIT 11.2 BAIRNCO CORPORATION CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE FOR THE NINE MONTHS MONTHS ENDED OCTOBER 2, 1999 AND OCTOBER 3, 1998 (Unaudited) 1999 1998 BASIC EARNINGS PER COMMON SHARE: Net income $ 6,597,000 $ 4,957,000 Average common shares outstanding 8,005,000 8,739,000 Basic Earnings Per Common Share $ 0.82 $ 0.57 DILUTED EARNINGS PER COMMON SHARE: Net income $ 6,597,000 $ 4,957,000 Average common shares outstanding 8,005,000 8,739,000 Common shares issuable in respect to options issued to employees with a dilutive effect 68,000 67,000 Total diluted common shares outstanding 8,073,000 8,806,000 Diluted Earnings Per Common Share $ 0.82 $ 0.56