EX-11 4 e111201.txt DECEMBER 2001 10-Q EPS EXHIBIT 11 SENECA FOODS CORPORATION AND SUBSIDIARIES COMPUTATION OF EARNINGS PER SHARE (In thousands except share data)
Three Months Ended Nine Months Ended ------------------ ----------------- 12/29/01 12/30/00 12/29/01 12/30/00 -------- -------- -------- -------- Basic Net Earnings (Loss) Applicable to Common Stock: Net Earnings (Loss) $ 2,290 $ (1,116) $ 588 $ 2,227 Deduct Preferred Cash Dividends 6 6 18 18 ------------------------------------------------------------------ Net Earnings (Loss) Applicable to Common Stock $ 2,284 $ (1,122) $ 570 $ 2,209 ================================================================== Weighted Average Common Shares Outstanding for Primary Earnings per Share 6,585,091 6,578,494 6,584,014 6,575,018 ================================================================== Basic (Loss) Earnings Per Share $ .35 $ (.17) $ .09 $ .34 ================================================================== Diluted Net (Loss) Earnings Applicable to Common Stock: Net Earnings (Loss) Applicable to Common Stock $ 2,284 $ (1,122) $ 570 $ 2,209 Add Back Preferred Cash Dividends 5 - 15 15 ------------------------------------------------------------------ Net Earnings (Loss) Applicable to Common Stock $ 2,289 $ (1,122) $ 585 $ 2,224 ================================================================== Weighted Average Common Shares Outstanding 6,585,091 6,578,494 6,584,014 6,575,018 Effect of Common Stock Equivalent 3,640,184 - 3,641,261 3,650,257 ------------------------------------------------------------------- Weighted Average Common Shares Outstanding for Diluted Earnings per Share 10,225,275 6,578,494 10,225,275 10,225,275 ================================================================= Diluted Earnings (Loss) Per Share $ .22 $ (.17) $ .06 $ .22 =================================================================