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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
June 30,
|
|
|
|
2000
|
|
1999
|
|
| Basic: |
|
|
|
|
|
|
|
| Net earnings |
|
$ |
(84 |
) |
$ |
1,379 |
|
| |
|
|
|
|
|
|
|
| Weighted average shares outstanding |
|
|
11,383 |
|
|
11,023 |
|
| Shares representing unearned compensation |
|
|
(11 |
) |
|
(11 |
) |
| |
|
|
|
|
|
|
|
| |
Total |
|
|
11,372 |
|
|
11,012 |
|
| |
|
|
|
|
|
|
|
| Basic earnings per share |
|
$ |
(0.01 |
) |
$ |
0.13 |
|
| |
|
|
|
|
|
|
|
| Diluted: |
|
|
|
|
|
|
|
| Net earnings |
|
$ |
(84 |
) |
$ |
1,379 |
|
| |
|
|
|
|
|
|
|
| Weighted average shares outstanding |
|
|
11,383 |
|
|
11,023 |
|
| Shares representing unearned compensation |
|
|
(11 |
) |
|
(11 |
) |
| Equivalent shares under option plans |
|
|
41 |
|
|
99 |
|
| |
|
|
|
|
|
|
|
| |
Total |
|
|
11,413 |
|
|
11,111 |
|
| |
|
|
|
|
|
|
|
| Diluted earnings per share |
|
$ |
(0.01 |
) |
$ |
0.12 |
|
| |
|
|
|
|
|
|
|
|
|
Six Months ended June 30,
|
|
|
|
2000
|
|
1999
|
|
| Basic: |
|
|
|
|
|
|
|
| Net earnings |
|
$ |
1,949 |
|
$ |
2,582 |
|
| |
|
|
|
|
|
|
|
| Weighted average shares outstanding |
|
|
11,378 |
|
|
10,884 |
|
| Shares representing unearned compensation |
|
|
(11 |
) |
|
(11 |
) |
| |
|
|
|
|
|
|
|
| |
Total |
|
|
11,367 |
|
|
10,873 |
|
| |
|
|
|
|
|
|
|
| Basic earnings per share |
|
$ |
0.17 |
|
$ |
0.24 |
|
| |
|
|
|
|
|
|
|
| Diluted: |
|
|
|
|
|
|
|
| Net earnings |
|
$ |
1,949 |
|
$ |
2,582 |
|
| |
|
|
|
|
|
|
|
| Weighted average shares outstanding |
|
|
11,378 |
|
|
10,884 |
|
| Shares representing unearned compensation |
|
|
(11 |
) |
|
(11 |
) |
| Equivalent shares under option plans |
|
|
39 |
|
|
115 |
|
| |
|
|
|
|
|
|
|
| |
Total |
|
|
11,406 |
|
|
10,988 |
|
| |
|
|
|
|
|
|
|
| Diluted earnings per share |
|
$ |
0.17 |
|
$ |
0.23 |
|
| |
|
|
|
|
|
|
|
Harmon Industries, Inc. Form 10-Q Computation of Per Share Earnings (in thousands, except earnings per share)
