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, |
|
2015
2014 |
2015
2014 |
NET
INCOME |
$109,631 |
$386,911 |
$(437,688) |
$(231,031) |
|
||||
Net Income (Loss) applicable to common shares for diluted earnings per share |
$109,631 |
$386,911 |
$(437,688) |
$(231,031) |
|
|
|
|
|
SHARES
OUTSTANDING |
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 |
1,666,121 |
1,638,215 |
1,638,215 |
|
|
|
|
|
Basic Earnings Per Common Share |
$.07 |
$.24 |
$(.27) |
$(.14) |
|
|
|
|
|
Diluted Earnings Per Common Share |
$.07 |
$.23 |
$(.27) |
$(.14) |
*
Net effect of stock options was antidilutive for the period.