EX-11 2 exhibit11.htm EXHIBIT 11 Exhibit11FY07Q1

FORM 10-QSB

EXHIBIT 11


 

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



 
 
 
  

Three Months Ended 


December 31, 


2006

2005



 

NET INCOME
Net income (loss) applicable to common
shares for basic earnings per share

$(390,744)

$104,503




Net income (loss) applicable to common
shares for diluted earnings per share

$(390,744)

$104,503




SHARES OUTSTANDING
Weighted average shares for basic earnings per share

1,211,245

1,211,245




Net effect of dilutive stock options - based on the treasury stock method using year-end market price, if higher than average market price 

               -*

   21,551




Total shares for diluted earnings per share

1,211,245

1,232,796




Basic Earnings Per Common Share

$(.32)

$.09




Diluted Earnings Per Common Share

$(.32)

$.08



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