EX-11 5 ex11_1.txt EXHIBIT 11.1 ALL AMERICAN SEMICONDUCTOR, INC. AND SUBSIDIARIES Exhibit 11.1 STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS (UNAUDITED)
Quarters Six Months PERIODS ENDED JUNE 30 2004 2003 2004 2003 ---------------------------------------------------------------------------------------------------------- BASIC EARNINGS PER SHARE: Net Income............................... $ 1,025,000 $ 63,000 $ 1,916,000 $ 124,000 ============ ============ ============ ============ Weighted Average Shares Outstanding...... 3,811,213 3,808,448 3,789,136 3,814,106 ============ ============ ============ ============ Basic Earnings Per Share................. $ .27 $ .02 $ .51 $ .03 ===== ===== ===== ===== DILUTED EARNINGS PER SHARE: Net Income............................... $ 1,025,000 $ 63,000 $ 1,916,000 $ 124,000 ============ ============ ============ ============ Weighted Average and Dilutive Shares: Weighted average shares outstanding.... 3,811,213 3,808,448 3,789,136 3,814,106 Dilutive shares........................ 346,783 49,028 318,338 18,480 ------------ ------------ ------------ ------------ 4,157,996 3,857,476 4,107,474 3,832,586 ============ ============ ============ ============ Diluted Earnings Per Share............... $ .25 $ .02 $ .47 $ .03 ===== ===== ===== =====