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Previous: ESPEY MANUFACTURING & ELECTRONICS CORP, 10-K, 2000-09-28 |
Next: ESPEY MANUFACTURING & ELECTRONICS CORP, 10-K, EX-27, 2000-09-28 |
EXHIBIT 11.1
ESPEY MFG. & ELECTRONICS CORP.
Computation of per Share Earnings as
Disclosed in Item 14 of Form 10-K
Five years ended June 30, 2000
<TABLE>
<CAPTION>
2000 1999 1998 1997 1996
--------- --------- --------- --------- ---------
<S> <C> <C> <C> <C> <C>
Computation of earnings
per share:
BASIC
Weighted average
number of primary
shares outstanding 1,045,520 1,100,065 1,111,220 1,112,074 1,269,467
========= ========= ========= ========= =========
Net income(loss) $782,942 730,601 (739,602) 563,128 522,737
========= ========= ========= ========= =========
Per share-basic $.75 .66 (.67) .51 .41
========= ========= ========= ========= =========
DILUTED
Weighted average
number of primary
shares outstanding 1,045,520 1,100,065 1,111,220 1,112,074 1,269,467
========= ========= ========= ========= =========
Net effect of
dilutive stock
options based on
treasury stock
method 285 -- -- -- --
========= ========= ========= ========= =========
Net income(loss) $782,942 730,601 (739,602) 563,128 522,737
========= ========= ========= ========= =========
Per share-diluted $.75 .66 (.67) .51 .41
========= ========= ========= ========= =========
</TABLE>
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