EX-11 3 exhibit11fy01q3.htm HICKOK FY01 Q3 EXHIBIT 11 Exhibit11FY01Q3
FORM 10-Q

EXHIBIT 11


 

HICKOK INCORPORATED
CONSOLIDATED STATEMENT OF COMPUTATION OF EARNINGS
PER COMMON SHARE AND COMMON SHARE EQUIVALENTS



 
 
 
 
  

Three Months Ended 
Nine Months Ended 
June 30, 
June 30, 
       2001            2000      2001                 2000

 
NET INCOME
Net income <loss> applicable to common
shares for basic earnings per share
$<137,645>
$<444,857> 
$<835,335>
$<392,913>
Net income <loss> applicable to common 
shares for diluted earnings per share
$<137,645>
$<444,857> 
$<835,335>
$<392,913>
 
SHARES OUTSTANDING
Weighted average shares for basic earnings per share
1,218,233
1,200,564
1,217,911
1,201,235
Net effect of dilutive stock options - based on the treasury  stock method using year-end market price, if higher than average market price 
-        *
  -        *
-        *
-        *
Total shares for diluted earnings per share
1,218,233
1,200,564
1,217,911
1,201,235
Basic Earnings Per Common Share
$       <.11> 
$         <.37>
$        <.69>
$        <.33>
Diluted Earnings Per Common Share
$        <.11>
$         <.37>
$        <.69>
$        <.33>

*  Net effect of stock options was antidilutive for the period.