EXHIBIT 11.1
BAIRNCO CORPORATION AND SUBSIDIARIES
CALCULATION OF BASIC AND DILUTED EARNINGS PER SHARE
FOR THE QUARTERS ENDED JULY 1, 2000 AND JULY 3, 1999
(Unaudited)
2000 1999
BASIC EARNINGS PER COMMON SHARE:
Net income $2,524,000 $2,314,000
Average common shares outstanding 7,595,000 7,903,000
Basic Earnings Per Common Share $ 0.33 $ 0.29
DILUTED EARNINGS PER COMMON SHARE:
Net income $2,524,000 $2,314,000
Average common shares outstanding 7,595,000 7,903,000
Common shares issuable in respect to options
issued to employees with a dilutive effect 119,000 50,000
Total diluted common shares outstanding 7,714,000 7,953,000
Diluted Earnings Per Common Share $ 0.33 $ 0.29