EX-11 3 ex-11.htm EXHIBIT 11 Prepared by MERRILL CORPORATION www.edgaradvantage.com QuickLinks -- Click here to rapidly navigate through this document

Exhibit 11


Harmon Industries, Inc.
Form 10-Q
Computation of Per Share Earnings
(in thousands, except earnings per share)

 
  Three Months ended
June 30,

 
 
  2000
  1999
 
Basic:              
Net earnings   $ (84 ) $ 1,379  
       
 
 
Weighted average shares outstanding     11,383     11,023  
Shares representing unearned compensation     (11 )   (11 )
       
 
 
  Total     11,372     11,012  
       
 
 
Basic earnings per share   $ (0.01 ) $ 0.13  
       
 
 
Diluted:              
Net earnings   $ (84 ) $ 1,379  
       
 
 
Weighted average shares outstanding     11,383     11,023  
Shares representing unearned compensation     (11 )   (11 )
Equivalent shares under option plans     41     99  
       
 
 
  Total     11,413     11,111  
       
 
 
Diluted earnings per share   $ (0.01 ) $ 0.12  
       
 
 
 
  Six Months ended June 30,
 
 
  2000
  1999
 
Basic:              
Net earnings   $ 1,949   $ 2,582  
       
 
 
Weighted average shares outstanding     11,378     10,884  
Shares representing unearned compensation     (11 )   (11 )
       
 
 
  Total     11,367     10,873  
       
 
 
Basic earnings per share   $ 0.17   $ 0.24  
       
 
 
Diluted:              
Net earnings   $ 1,949   $ 2,582  
       
 
 
Weighted average shares outstanding     11,378     10,884  
Shares representing unearned compensation     (11 )   (11 )
Equivalent shares under option plans     39     115  
       
 
 
  Total     11,406     10,988  
       
 
 
Diluted earnings per share   $ 0.17   $ 0.23  
       
 
 


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Harmon Industries, Inc. Form 10-Q Computation of Per Share Earnings (in thousands, except earnings per share)