IFR SYSTEMS, INC.
EXHIBIT (11.0) - STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE
THREE MONTHS ENDED
SEPTEMBER 30,
1998 1997
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(000'S OMITTED, EXCEPT PER SHARE DATA)
BASIC:
Average shares outstanding 8,205 8,168
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Net income (loss) $(1,640) $1,875
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Per share amount $(0.20) $0.23
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DILUTED:
Average shares outstanding 8,205 8,168
Net effect of dilutive stock
options-based on the treasury
stock method using the average
market price 86 394
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Totals 8,291 8,562
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Net income (loss) $(1,640) $1,875
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Per share amount (A) $(0.20) $0.22
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Note - All references to number of shares, share prices and per share amounts
have been restated to reflect the stock split.
(A) - Since the per share amounts for the FY99 interim periods are
antidilutive, the face of the statements of operations reflects
diluted per share amounts equal to the basic per share amounts.