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EXHIBIT 11
AMERICAN AIRCARRIERS SUPPORT, INCORPORATED
COMPUTATION OF NET INCOME PER COMMON SHARE
(Unaudited)
Pro forma data: *
Net income as reported $1,481,613 $1,100,315 $2,596,373 $1,779,328
Pro forma income tax expense 592,645 440,126 1,038,549 711,731
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Pro forma net income $ 888,968 $ 660,189 $1,557,824 $1,067,597
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Pro forma basic earnings per share $ 0.18 $ 0.16 $ 0.35 $ 0.26
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Pro forma diluted earnings per share $ 0.18 $ 0.16 $ 0.35 $ 0.26
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Pro forma weighted average shares outstanding:
Basic 4,825,275 4,100,000 4,464,641 4,100,000
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Diluted 4,827,623 4,100,000 4,466,989 4,100,000
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* Reference note 2 for additional calculations.