EX-11 5 este-x11.htm EXHIBIT 11

Exhibit 11

ESTERLINE TECHNOLOGIES CORPORATION
(in thousands, except per share amounts)

Computation of Earnings Per Share - Basic

 

                                   For Fiscal Years                                   

 

2001

2000

1999

1998

1997

Net Earnings

$   32,456

$   32,587

$   29,862

$   30,084

$   25,321

Weighted-Average Number of
   Shares Outstanding

19,641

17,375

17,337

17,290

17,124

Earnings Per Share - Basic

$       1.65

$       1.88

$       1.72

$       1.74

$       1.48

Computation of Earnings Per Share - Diluted

 

                                   For Fiscal Years                                   

 

2001

2000

1999

1998

1997

Net Earnings

$   32,456

$   32,587

$   29,862

$   30,084

$   25,321

Weighted-Average Number of
   Shares Outstanding

19,641

17,375

17,337

17,290

17,124

Net Shares Assumed to
   be Issued for Stock Options

          373

          279

          321

          428

          484

Total Shares - Diluted

     20,014

     17,654

     17,658

     17,718

     17,608

           

Earnings Per Share - Diluted

$       1.62

$       1.85

$       1.69

$       1.70

$       1.44

Earnings Per Share - Basic

$       1.65

$       1.88

$       1.72

$       1.74

$       1.48

Dilutive Effect Per Share

$         .03

$         .03

$         .03

$         .04

$         .04