FORM 10-Q

EXHIBIT 11

HICKOK INCORPORATED
CONSOLIDATED STATEMENT OF COMPUTATION OF EARNINGS
PER COMMON SHARE AND COMMON SHARE EQUIVALENTS


     
 


Three Months Ended
Nine Months Ended

June 30,
June 30,

     2016           2015
     2016           2015

   

NET INCOME
Net Income (Loss) applicable to common shares for basic earnings per share

$(8,095)

$109,631

$(519,728)

$(437,688)




 


Net Income (Loss) applicable to common shares for diluted earnings per share

$(8,095)

$109,631

$(519,728)

$(437,688)


 

 

 

 

SHARES OUTSTANDING
Weighted average shares for basic earnings per share

1,638,215

1,638,215

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

1,638,215

1,638,215


 

 

 

 

Basic Earnings Per Common Share

$(.01)

$.07

$(.32)

$(.27)


 

 

 

 

Diluted Earnings Per Common Share

$(.01)

$.07

$(.27)

$(.27)


  Net effect of stock options was antidilutive for the period.