EX-11 4 ex11601.txt EXHIBIT 11 SENECA FOODS CORPORATION AND SUBSIDIARIES COMPUTATION OF EARNINGS PER SHARE (In thousands except share data)
Three Months Ended ------------------ 6/30/01 7/1/00 ------- ------ Basic Net Earnings Applicable to Common Stock: Net (Loss) Earnings $ (1,286) $ 1,290 Deduct Preferred Cash Dividends - 6 --------------------------------- Net (Loss) Earnings Applicable to Common Stock $ (1,286) $ 1,284 Weighted Average Common Shares Outstanding 6,582,359 6,571,216 Effect of Common Stock Equivalent - - --------------------------------- Weighted Average Common Shares Outstanding for Primary Earnings per Share 6,582,359 6,571,216 ================================ Basic (Loss) Earnings Per Share $ (.20) $ .20 ================================ Diluted Net Earnings Applicable to Common Stock: Net (Loss) Earnings Applicable to Common Stock $ (1,286) $ 1,284 Add Back Preferred Cash Dividends - 5 -------------------------------- Net (Loss) Earnings Applicable to Common Stock $ (1,286) $ 1,289 ================================ Weighted Average Common Shares Outstanding 6,582,359 6,571,216 Effect of Common Stock Equivalent - 3,654,059 ------------------------------- Weighted Average Common Shares Outstanding for Diluted Earnings per Share 6,582,359 10,224,275 =============================== Diluted (Loss) Earnings Per Share $ (.20) $ .13 ===============================