EXHIBIT 11 PARLEX CORPORATION AND SUBSIDIARIES Computation of Net Income Per Common Share Three Months Ended Sept. 26, 1999 Sept. 27, 1998 -------------- -------------- Net Income Per Share - Basic $ .28 $ .04 Weighted Average Number of Shares Outstanding 4,794,858 4,640,795 Net Income Per Share - Diluted $ .28 $ .04 Weighted Average Number of Shares Outstanding 4,794,858 4,640,795 Effect of Dilutive Stock Options 48,330 148,098 Adjusted Weighted Average Number of Shares Outstanding 4,843,188 4,788,893