EX-11 8 exhibit_11.htm EXHIBIT 11 - COMPUTATION OF EPS

EXHIBIT 11

ESTERLINE TECHNOLOGIES CORPORATION
Computation of Basic and Diluted Earnings Per Common Share
For the Three and Nine Month Periods Ended July 29, 2005 and July 30, 2004
(Unaudited)
(In thousands, except per share amounts)

Three Months Ended
Nine Months Ended
July 29,
2005

July 30,
2004

July 29,
2005

July 30,
2004

                             
Net Sales     $ 209,873   $ 147,424   $ 611,257   $ 423,264  
Gross Margin       65,693     45,862     192,331     133,038  
                             
Income From Continuing Operations       14,167     7,073     38,475     17,729  
Income From Discontinued    
     Operations, Net of Tax       3     576     6,968     1,710  




Net Earnings     $ 14,170   $ 7,649   $ 45,443   $ 19,439  




                             
Basic    
                             
Weighted Average Number of    
     Shares Outstanding       25,237     21,202     24,797     21,156  




                             
Earnings Per Share – Basic    
     Continuing operations     $ .56   $ .33   $ 1.55   $ .84  
     Discontinued operations           .03     .28     .08  




Earnings per share – basic     $ .56   $ .36   $ 1.83   $ .92  






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ESTERLINE TECHNOLOGIES CORPORATION
Computation of Basic and Diluted Earnings Per Common Share
For the Three and Nine Month Periods Ended July 29, 2005 and July 30, 2004
(Unaudited)
(In thousands, except per share amounts)

Three Months Ended
Nine Months Ended
July 29,
2005

July 30,
2004

July 29,
2005

July 30,
2004

Diluted                    
                             
Weighted Average Number of    
     Shares Outstanding       25,237     21,202     24,797     21,156  
                             
Net Shares Assumed to be Issued    
     for Stock Options       382     333     378     333  




Weighted Average Number of Shares    
     and Equivalent Shares    
     Outstanding – Diluted       25,619     21,535     25,175     21,489  




                             
Earnings Per Share – Diluted    
     Continuing operations     $ .55   $ .33   $ 1.53   $ .82  
     Discontinued operations           .03     .28     .08  




Earnings per share – diluted     $ .55   $ .36   $ 1.81   $ .90  






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