National Presto Industries, Inc.
Exhibit 11
The following presents the computation of per share earnings reflecting the
assumption that the granted shares under the 1988 Stock Option Plan will be
exercised.
(IN THOUSANDS EXCEPT PER SHARE DATA)
Second Quarter First Six Months
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2003 2002 2003 2002
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Net Earnings (loss) (1) $ 1,918 $ 1,083 $ 3,971 $ (1,277)
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Weighted average common shares outstanding (2) 6,817 6,840 6,824 6,839
Common share equivalents relating to stock options when dilutive 1 1 1 -
Adjusted common and common equivalent
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shares for computation (3) 6,818 6,841 6,825 6,839
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Net earnings (loss) per share:
Basic (1 divided by 2) $ 0.28 $ 0.16 $ 0.58 $ (0.19)
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Diluted (1 divided by 3) $ 0.28 $ 0.16 $ 0.58 $ (0.19)
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