FORM 10-Q

EXHIBIT 11

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



 

Three Months Ended
March 31, 

Six Months Ended
March 31,



2015

2014

2015

2014



 



NET INCOME


 

 

 

Net Income (loss) applicable to common shares for basic earnings per share

$(276,663)

$(297,655)

$(547,319)

$(617,942)


 

 

 

 

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

$(276,663)

$(297,655)

$(547,319)

$(617,942)


 

 

 

 

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 

$(.17)

$(.18)

$(.33)

$(.38)


 

 

 

 

Diluted Earnings Per Common Share 

$(.17)

$(.18)

$(.33)

$(.38)

 

 

 

 

 

* Net effect of stock options was antidilutive for the period.