Computation of Per Share Earnings
Fields Aircraft Spares, Inc.
Statement Regarding Computation of Earnings (Loss) Per Share
Three Months Ended
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April 3, March 31,
1998 1997
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Number of common shares outstanding at beginning
of the period 2,079,571 1,302,137
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Number of common shares outstanding at end of the
period 2,290,235 1,312,918
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Weighted average common share equivalents
outstanding at the end of the period (primary) 3,062,461 2,249,589
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Weighted average common share equivalents
outstanding at end of the period (fully diluted) 3,506,323 2,249,589
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Net income (loss) $ 110,000 $ (654,000)
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Net income adjusted for interest not to be included in
computing fully-diluted earnings $ 198,000 $ -
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Primary earnings (loss) per share $ .04 $ (.29)
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Fully-diluted earnings (loss) per share $ .06 $ (.29)
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