EX-11 3 ex11_1.txt EXHIBIT 11.1 ALL AMERICAN SEMICONDUCTOR, INC. AND SUBSIDIARIES Exhibit 11.1 STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS (UNAUDITED) QUARTERS ENDED MARCH 31 2004 2003 -------------------------------------------------------------------------------- BASIC EARNINGS PER SHARE: Net Income................................ $ 891,000 $ 61,000 ============ ============ Weighted Average Shares Outstanding....... 3,767,059 3,819,763 ============ ============ Basic Earnings Per Share.................. $ .24 $ .02 ===== ===== DILUTED EARNINGS PER SHARE: Net Income................................ $ 891,000 $ 61,000 ============ ============ Weighted Average and Dilutive Shares: Weighted average shares outstanding..... 3,767,059 3,819,763 Dilutive shares......................... 310,629 99 ------------ ------------ 4,077,688 3,819,862 ============ ============ Diluted Earnings Per Share................ $ .22 $ .02 ===== =====