ESTERLINE TECHNOLOGIES CORP
10-Q, EX-11, 2000-09-08
SPECIAL INDUSTRY MACHINERY, NEC
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EXHIBIT 11

ESTERLINE TECHNOLOGIES CORPORATION
Computation of Basic and Diluted Earnings Per Common Share
For the Three and Nine Months Ended July 31, 2000 and 1999
(Unaudited)
(In thousands, except per share amounts)

 

Three Months Ended 
           July 31,           

Nine Months Ended 
           July 31,          
 

   2000   

   1999   

   2000   

   1999    

Basic

        

Net Earnings

$  9,694

$  5,952

$21,457

$18,151

Weighted Average Number of
    Common Shares Outstanding


  17,376


  17,342


  17,362


  17,336

Net Earnings per Common
    Share - Basic


$      .56


$      .34


$    1.24


$    1.05

Diluted

        

Net Earnings

$  9,694

$  5,952

$21,457

$18,151

Weighted Average Number of
    Common Share Outstanding


17,376


17,342


17,362


17,336

Net Shares Assumed to be Issued
    for Stock Options


       264


       283


       214


       332

Weighted Average Number of
    Common Shares and Common
    Equivalent Shares
    Outstanding




  17,640




  17,625




  17,576




  17,668

Net Earnings per Common
    Share - Diluted


$      .55


$      .34


$    1.22


$    1.03


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