ALL AMERICAN SEMICONDUCTOR, INC. AND SUBSIDIARIES EXHIBIT 11.1
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS (UNAUDITED)
<TABLE>
<CAPTION>
QUARTERS NINE MONTHS
PERIODS ENDED SEPTEMBER 30 2000 1999 2000 1999
-------------------------------------------------------------------------------------------
BASIC EARNINGS PER SHARE:
-------------------------
<S> <C> <C> <C> <C>
Net Income ............................ $4,741,000 $ 502,000 $8,900,000 $ 943,000
========== ========== ========== ==========
Weighted Average Shares Outstanding ... 3,844,454 3,922,838 3,820,112 3,932,527
========== ========== ========== ==========
Basic Earnings Per Share .............. $1.23 $.13 $2.33 $.24
===== ==== ===== ====
DILUTED EARNINGS PER SHARE:
---------------------------
Net Income ............................ $4,741,000 $ 502,000 $8,900,000 $ 943,000
========== ========== ========== ==========
Weighted Average and Dilutive Shares:
Weighted average shares outstanding . 3,844,454 3,922,838 3,820,112 3,932,527
Dilutive shares ..................... 450,738 -- 320,536 --
---------- ---------- ---------- ----------
4,295,192 3,922,838 4,140,648 3,932,527
========== ========== ========== ==========
Diluted Earnings Per Share ............ $1.10 $.13 $2.15 $.24
===== ==== ===== ====
</TABLE>