FORM 10-Q
EXHIBIT 11
HICKOK
INCORPORATED
CONSOLIDATED STATEMENT OF COMPUTATION OF EARNINGS
PER COMMON SHARE AND COMMON SHARE EQUIVALENTS
Three Months Ended |
||
December 31, |
||
2015 |
2014 |
|
NET
INCOME |
$(47,189) |
$(270,656) |
|
|
|
Net income
(loss) applicable to common |
$(47,189) |
$(270,656) |
|
|
|
SHARES
OUTSTANDING |
1,638,215 |
1,638,215 |
|
|
|
Net effect of dilutive stock options - based on the treasury stock method using year-end market price, if higher than average market price |
-* |
-* |
|
|
|
Total shares for diluted earnings per share |
1,638,215 |
1,638,215 |
|
|
|
Basic Earnings Per Common Share |
$(.03) |
$(.17) |
|
|
|
Diluted Earnings Per Common Share |
$(.03) |
$(.17) |
* Net
effect of
stock options, warrants and Convertible Note were antidilutive for the
period.