EXHIBIT 11
WOODHEAD INDUSTRIES, INC.
COMPUTATION OF EARNINGS PER SHARE
(Amounts in thousands, except per share data; unaudited)
<TABLE>
<CAPTION>
Three Months Ended Three Months Ended
------------------------ ------------------------
7/1/00 7/3/99
------------------------ ------------------------
Basic Diluted Basic Diluted
---------- ---------- ---------- ----------
<S> <C> <C> <C> <C>
Net Income $ 3,520 $ 3,520 $ 2,231 $ 2,231
========== ========== ========== ==========
Weighted average Common Shares
outstanding 11,353 11,353 11,110 11,110
Dilutive Common Stock Options -- 537 -- 308
---------- ---------- ---------- ----------
Weighted average Common Shares
plus dilutive Common Stock Options 11,353 11,890 11,110 11,418
========== ========== ========== ==========
Earnings Per Share $ 0.31 $ 0.30 $ 0.20 $ 0.20
========== ========== ========== ==========
<CAPTION>
Nine Months Ended Nine Months Ended
------------------------ ------------------------
7/1/00 7/3/99
------------------------ ------------------------
Basic Diluted Basic Diluted
---------- ---------- ---------- ----------
Net Income $ 9,716 $ 9,716 $ 7,498 $ 7,498
========== ========== ========== ==========
Weighted average Common Shares
outstanding 11,322 11,322 11,081 11,081
Dilutive Common Stock Options -- 536 -- 308
---------- ---------- ---------- ----------
Weighted average Common Shares
plus dilutive Common Stock Options 11,322 11,858 11,081 11,389
========== ========== ========== ==========
Earnings Per Share $ 0.86 $ 0.82 $ 0.68 $ 0.66
========== ========== ========== ==========
</TABLE>
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