EX-11 9 exhibit_11.htm EX11_EPS-SCHEDULE

EXHIBIT 11

ESTERLINE TECHNOLOGIES CORPORATION
Computation of Basic and Diluted Earnings Per Common Share
For the Three Month Periods Ended January 28, 2005 and January 30, 2004
(Unaudited)
(In thousands, except per share amounts)

Three Months Ended
 
  January 28,
2005

  January 30,
2004

 
Net Sales     $ 190,243   $ 129,454  
Gross Margin       58,551     38,680  
                 
Income From Continuing Operations       9,753     1,586  
Income From Discontinued Operations, Net of Tax       7,415     292  


Net Earnings     $ 17,168   $ 1,878  


                 
Basic    
                 
Weighted Average Number of Shares Outstanding       24,034     21,099  


                 
Earnings Per Share – Basic    
     Continuing operations     $ .41   $ .08  
     Discontinued operations       .30     .01  


     Earnings per share – basic     $ .71   $ .09  


                 
Diluted    
                 
Weighted Average Number of Shares Outstanding       24,034     21,099  
Net Shares Assumed to be Issued for Stock Options       387     337  


Weighted Average Number of Shares                
     and Equivalent Shares Outstanding – Diluted       24,421     21,436  


                 
Earnings Per Share – Diluted    
     Continuing operations     $ .40   $ .08  
     Discontinued operations       .30     .01  


     Earnings per share – diluted     $ .70   $ .09