Exhibit 11
Harmon Industries, Inc.
Form 10-Q
Computation of Per Share Earnings
(in thousands, except earnings per share)
|
|
Three Months ended March 31,
|
|
|
|
2000
|
|
1999
|
|
| Basic: |
|
|
|
|
|
|
|
| Net earnings |
|
$ |
2,033 |
|
$ |
1,203 |
|
| |
|
|
|
|
|
Weighted average shares outstanding |
|
|
11,373 |
|
|
10,744 |
|
| Shares representing unearned compensation |
|
|
(10 |
) |
|
(12 |
) |
| |
|
|
|
|
|
| Total |
|
|
11,363 |
|
|
10,732 |
|
| |
|
|
|
|
|
| Basic earnings per share |
|
$ |
0.18 |
|
$ |
0.11 |
|
| |
|
|
|
|
|
| Diluted: |
|
|
|
|
|
|
|
| Net earnings |
|
$ |
2,033 |
|
$ |
1,203 |
|
| |
|
|
|
|
|
| Weighted average shares outstanding |
|
|
11,373 |
|
|
10,744 |
|
| Shares representing unearned compensation |
|
|
(10 |
) |
|
(12 |
) |
| Equivalent shares under option plans |
|
|
38 |
|
|
132 |
|
| |
|
|
|
|
|
| Total |
|
|
11,401 |
|
|
10,864 |
|
| |
|
|
|
|
|
| Diluted earnings per share |
|
$ |
0.18 |
|
$ |
0.11 |
|
| |
|
|
|
|
|
