EX-11 2 dex11.htm COMPUTATION OF PER SHARE EARNINGS Computation of Per Share Earnings

EXHIBIT 11

 

NU HORIZONS ELECTRONICS CORP.

Computation of Per Share Earnings

 

     For The Year Ended
  
     February 28,
2005
    February 29,
2004
     February 28,
2003
  

BASIC EARNINGS:

                        

Net income (loss)

    $ 3,073,409    $ (847,999 )   $ (2,511,638 )
    
  
 

SHARES

                        

Weighted average number of common shares outstanding

      16,877,147      16,729,163       16,663,817  
    
  
 

Basic earnings per common share

    $ .18    $ (.05 )   $ (.15 )
    
  
 

DILUTED EARNINGS:

                        

Net income (loss)

    $ 3,073,409    $ (847,999 )   $ (2,511,638 )
    
  
 

SHARES:

                        

Weighted average number of common shares outstanding

      16,877,147      16,729,163       16,663,817  

Assumed conversion of stock options

      891,502      —         —    
    
  
 

Weighted average number of common shares outstanding as adjusted

      17,768,649      16,729,163       16,663,817  
    
  
 

DILUTED EARNINGS PER COMMON SHARE

    $ .17    $ (.05 )   $ (.15 )