PARLEX CORPORATION AND SUBSIDIARIES COMPUTATION OF NET INCOME PER COMMON SHARE THREE MONTHS ENDED SIX MONTHS ENDED DECEMBER 31, 2000 DECEMBER 26, 1999 DECEMBER 31, 2000 DECEMBER 26, 1999 ----------------- ----------------- ----------------- ----------------- Basic Earnings Per Share ($.36) $.32 ($.22) $.60 Weighted Average Number of Shares Outstanding 6,281,089 4,808,624 6,279,402 4,801,741 Diluted Earnings Per Share ($.36) $.32 ($.22) $.60 Weighted Average Number of Shares Outstanding 6,281,089 4,808,624 6,279,402 4,801,741 Effect of Dilutive Stock Options -0- 60,348 -0- 54,339 Adjusted Weighted Average Number of Shares Outstanding 6,281,089 4,868,972 6,279,402 4,856,080 20