EX-11 3 dex11.htm STATEMENT OF COMPUTATION OF EARNINGS Statement of Computation of Earnings

EXHIBIT 11

NORTH PITTSBURGH SYSTEMS, INC. AND SUBSIDIARIES

Statement of Computation of Earnings per Share
(Amounts in Thousands – Except Per Share Data)


  For the Three Months
Ended June 30


For the Six Months
Ended June 30


  2003
2002
2003
2002
Net Earnings    
$
2,465  
$
2,221  
$
5,943  
$
5,468




Weighted average common shares outstanding
      15,005     15,005     15,005     15,005




Basic and diluted earnings per share
   
$
.16  
$
.15  
$
.40  
$
.36