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Exhibit 11.0
BTU INTERNATIONAL, INC.
CALCULATION OF NET INCOME PER COMMON AND COMMON EQUIVALENT SHARE
(in thousands, except share and per share data)
<TABLE>
<CAPTION>
FOR THE THREE MONTHS ENDED FOR THE NINE MONTHS ENDED
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Oct. 1, Sept. 26, Oct. 1, Sept. 26,
2000 1999 2000 1999
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<S> <C> <C> <C> <C>
Net income $ 1,551 $ 701 $ 4,158 $ 1,853
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Net income applicable to
common stockholders $ 1,551 $ 701 $ 4,158 $ 1,853
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Weighted average number of shares outstanding:
Basic Shares 6,886,833 6,791,389 6,861,694 6,796,913
Effect of Dilutive Options 484,373 219,030 447,368 153,543
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Diluted Shares 7,371,206 7,010,419 7,309,062 6,950,456
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Earnings per Share
Basic $ 0.23 $ 0.10 0.61 $ 0.27
Diluted $ 0.21 $ 0.10 0.57 $ 0.27
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