HARMON INDUSTRIES INC
10-Q, 1999-11-12
COMMUNICATIONS EQUIPMENT, NEC
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Exhibit 11

Harmon Industries, Inc.
Form 10-Q
Computation of Per Share Earnings
(in thousands, except earnings per share)

 
  Three Months ended September 30,
 
 
  1999
  1998
 
Basic:              
Net earnings   $ 1,093   $ 2,468  
   
 
 
Weighted average shares outstanding     11,272     10,546  
Shares representing unearned compensation     (10 )   (14 )
   
 
 
Total     11,262     10,532  
   
 
 
Basic earnings per share   $ 0.10   $ 0.23  
   
 
 
Diluted:              
Net earnings   $ 1,093   $ 2,468  
   
 
 
Weighted average shares outstanding     11,272     10,546  
Shares representing unearned compensation     (10 )   (14 )
Equivalent shares under option plans     64     134  
   
 
 
Total     11,326     10,666  
   
 
 
Diluted earnings per share   $ 0.10   $ 0.23  
   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Nine Months ended September 30,
 
 
  1999
  1998
 
Basic:              
Net earnings   $ 3,675   $ 9,882  
   
 
 
Weighted average shares outstanding     11,013     10,524  
Shares representing unearned compensation     (11 )   (12 )
   
 
 
Total     11,002     10,512  
   
 
 
Basic earnings per share   $ 0.33   $ 0.94  
   
 
 
Diluted:              
Net earnings   $ 3,675   $ 9,882  
   
 
 
Weighted average shares outstanding     11,013     10,524  
Shares representing unearned compensation     (11 )   (12 )
Equivalent shares under option plans     98     141  
   
 
 
Total     11,100     10,653  
   
 
 
Diluted earnings per share   $ 0.33   $ 0.93  
   
 
 



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