EX-11 3 exhibit11.htm 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 


December 31, 


2001

2000



 

NET INCOME
Net income <loss> applicable to common
shares for basic earnings per share

$ <208,540>

$ <344,563> 




Net income <loss> applicable to common 
shares for diluted earnings per share

$ <208,540>

$ <344,563> 




SHARES OUTSTANDING
Weighted average shares for basic earnings per share

1,219,750

1,217,750




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

1,219,750

1,217,750




Basic Earnings Per Common Share

$        <.17>

$         <.28>




Diluted Earnings Per Common Share

$        <.17>

$         <.28>



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