Exhibit 11
NAI TECHNOLOGIES, INC. AND SUBSIDIARIES
(In thousands)
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Three Months Ended
March 28, March 29,
1998 1997
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Net Income (loss) $174 $379
Average shares of common stock outstanding during the period 9,155 9,028
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Basic Earnings per share $0.02 $0.04
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Net Income (loss) 174 379
Interest on Convertible Debt (Net of Taxes) 0 0
Amortization of OID (Net of Taxes) 0 0
Amortization of Deferred Debt Expense (Net of Taxes) 0 0
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Adjusted Net Income 174 379
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Average shares of common stock outstanding during the period 9,155 9,028
Incremental shares from assumed exercise of stock options, stock
warrants & employee stock purchase plan 2 1,171
Dilution from Convertible Debt 0 0
Total shares used to calculate diluted EPS 9,157 10,199
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Diluted earnings per share $0.02 $0.04
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