EX-11 4 ex11602.txt EXHIBIT 11 SENECA FOODS CORPORATION AND SUBSIDIARIES COMPUTATION OF EARNINGS PER SHARE (In thousands except share data)
Three Months Ended ------------------ 6/29/02 6/30/01 ------- ------- Basic Net Earnings (Loss) Applicable to Common Stock: Net Earnings (Loss) $ 1,932 $ (1,286) Deduct Preferred Cash Dividends 6 6 ---------------------------------- Net Earnings (Loss) Applicable to Common Stock $ 1,926 $ (1,292) ================================== Weighted Average Common Shares Outstanding for Primary Earnings per Share 6,588,637 6,582,359 ================================== Basic Earnings (Loss) Per Share $ .29 $ (.20) ================================== Diluted Net Earnings (Loss) Applicable to Common Stock: Net Earnings (Loss) Applicable to Common Stock $ 1,926 $ (1,292) Add Back Preferred Cash Dividends 5 - ---------------------------------- Net Earnings (Loss) Applicable to Common Stock $ 1,931 $ (1,292) ================================== Weighted Average Common Shares Outstanding 6,588,637 6,582,359 Effect of Convertible Preferred Stock 3,636,734 - ---------------------------------- Weighted Average Common Shares Outstanding for Diluted Earnings per Share 10,225,371 6,582,359 ================================== Diluted Earnings (Loss) Per Share $ .19 $ (.20) ==================================