EX-11 5 dex11.htm RECONCILIATION OF DILUTED EARNINGS PER SHARE Reconciliation of Diluted Earnings Per Share

 

EXHIBIT 11

 

DUCOMMUN INCORPORATED AND SUBSIDIARIES

RECONCILIATION OF THE NUMERATORS AND DENOMINATORS OF

THE BASIC AND DILUTED EARNINGS PER SHARE COMPUTATIONS

 

    

For the Year Ended December 31, 2002

    

Income

(Numerator)

   

Shares

(Denominator)

   

Per-Share

Amount

Basic EPS

                     

Income Available to Common Stockholders

   

$

6,505,000

   

 

9,806,000

   

$

.66

                  

Effect of Dilutive Securities

                     

Stock Options

   

 

-

   

 

148,000

       
    
  
      

Diluted EPS

                     

Income Available to Common Stockholders
+ Assumed Conversions

   

$

6,505,000

   

$

9,954,000

   

$

.65

    
  
  
                      
                      
    

For the Year Ended December 31, 2001

    

Income

(Numerator)

   

Shares

(Denominator)

   

Per-Share

Amount

Basic EPS

                     

Income Available to Common Stockholders

   

$

14,603,000

   

 

9,662,000

   

$

1.51

                  

Effect of Dilutive Securities

                     

Stock Options

   

 

-

   

 

64,000

       
    
  
      

Diluted EPS

                     

Income Available to Common Stockholders
+ Assumed Conversions

   

$

14,603,000

   

$

9,726,000

   

$

1.50

    
  
  
                      
                      
    

For the Year Ended December 31, 2000

    

Income (Numerator)

   

Shares (Denominator)

   

Per-Share Amount

Basic EPS

                     

Income Available to Common Stockholders

   

$

12,720,000

   

 

9,650,000

   

$

1.32

                  

Effect of Dilutive Securities

                     

Stock Options

   

 

-

   

 

111,000

       
    
  
      

Diluted EPS

                     

Income Available to Common Stockholders
+ Assumed Conversions

   

$

12,720,000

   

 

9,761,000

   

$

1.30