EX-11.1 2 0002.txt EXHIBIT 11.1 ESPEY MFG. & ELECTRONICS CORP. Computation of per Share Earnings as Disclosed in Item 14 of Form 10-K Five years ended June 30, 2000
2000 1999 1998 1997 1996 --------- --------- --------- --------- --------- Computation of earnings per share: BASIC Weighted average number of primary shares outstanding 1,045,520 1,100,065 1,111,220 1,112,074 1,269,467 ========= ========= ========= ========= ========= Net income(loss) $782,942 730,601 (739,602) 563,128 522,737 ========= ========= ========= ========= ========= Per share-basic $.75 .66 (.67) .51 .41 ========= ========= ========= ========= ========= DILUTED Weighted average number of primary shares outstanding 1,045,520 1,100,065 1,111,220 1,112,074 1,269,467 ========= ========= ========= ========= ========= Net effect of dilutive stock options based on treasury stock method 285 -- -- -- -- ========= ========= ========= ========= ========= Net income(loss) $782,942 730,601 (739,602) 563,128 522,737 ========= ========= ========= ========= ========= Per share-diluted $.75 .66 (.67) .51 .41 ========= ========= ========= ========= =========