EX-11 2 ex11.txt STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE Exhibit 11 ENGINEERED SUPPORT SYSTEMS, INC. STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE (in thousands, except per share amounts)
Three Months Ended January 31 ----------------------- 2001 2000 --------- --------- NET INCOME $ 3,841 $ 2,574 ========= ========= BASIC EARNINGS PER SHARE Average basic shares outstanding 9,101 8,660 ========= ========= $ 0.42 $ 0.30 ========= ========= DILUTED EARNINGS PER SHARE Average basic shares outstanding 9,101 8,660 Net effect of dilutive stock options(1) 503 188 --------- --------- 9,604 8,848 ========= ========= $ 0.40 $ 0.29 ========= ========= (1) Based on the treasury stock method (2) All computations have been restated to reflect a five-for-four stock split effected by the Company on March 16, 2001.
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