EXHIBIT 11.1
ALDILA, INC. AND SUBSIDIARIES
COMPUTATION OF NET INCOME PER COMMON SHARE
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
Twelve months ended
December 31,
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1999 1998 1997
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BASIC:
Net income (loss) $ (2,105) $ 2,799 $ 1,539
Weighted average number of common shares outstanding 15,462 15,452 15,625
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Net income (loss) per common share $ (0.14) $ 0.18 $ 0.10
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ASSUMING DILUTION:
Net income (loss) $ (2,105) $ 2,799 $ 1,539
Weighted average number of common shares outstanding 15,462 15,452 15,625
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 - 67 113
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Weighted average number of common and
common equivalent shares 15,462 15,519 15,738
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Net income (loss) per common share, assuming dilution $ (0.14) $ 0.18 $ 0.10
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