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Exhibit 11.0
BTU INTERNATIONAL , INC.
CALCULATION OF NET INCOME PER COMMON AND COMMON EQUIVALENT SHARE
(Dollars in thousands, except share and per share data)
For the Three Months Ended
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March 31, April 2,
1996 1995
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Net income $ 357 $ 1,156
Dividends accrued - Class A and Class AA preferred stock - (44)
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Net income applicable to common stockholders $357 $1,112
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Weighted average shares and share equivalents outstanding:
Common stock 7,288,835 6,916,480
Class AA convertible preferred stock - 240,000
Stock options 68,063 157,666
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Weighted average shares and share equivalents outstanding 7,356,898 7,314,146
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Net income per common and common equivalent share $0.05 $0.15
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