EXHIBIT 11
ESTERLINE TECHNOLOGIES CORPORATION Computation of Basic and Diluted Earnings Per Common Share For the Three and Six Month Periods Ended April 30, 2004 and May 2, 2003 (Unaudited) (In thousands, except per share amounts)
	Three Months Ended				Six Months Ended
	April 30,		May 2,		April 30,		May 2,
	2004		2003		2004		2003
Net Sales	$	150,194	$	135,281	$	282,792	$	261,610
Gross Margin		50,304		40,570		90,306		79,243
Income From Continuing Operations		9,240		6,042		11,118		11,885
Income (Loss) From Discontinued
Operations, Net of Tax		672		(5,808)		672		(5,808)
Net Earnings	$	9,912	$	234	$	11,790	$	6,077
Basic
Weighted Average Number of
Shares Outstanding		21,167		20,829		21,133		20,812
Earnings (Loss) Per Share - Basic
Continuing operations	$	.44	$	.29	$	.53	$	.57
Discontinued operations		.03		(.28)		.03		(.28)
Earnings per share - basic	$	.47	$	.01	$	.56	$	.29

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ESTERLINE TECHNOLOGIES CORPORATION Computation of Basic and Diluted Earnings Per Common Share For the Three and Six Month Periods Ended April 30, 2004 and May 2, 2003 (Unaudited) (In thousands, except per share amounts)
	Three Months Ended				Six Months Ended
	April 30,		May 2,		April 30,		May 2,
	2004		2003		2004		2003
Diluted
Weighted Average Number of
Shares Outstanding		21,167		20,829		21,133		20,812
Net Shares Assumed to be Issued
for Stock Options		328		188		333		209
Weighted Average Number of Shares
and Equivalent Shares
Outstanding - Diluted		21,495		21,017		21,466		21,021
Earnings (Loss) Per Share - Diluted
Continuing operations	$	.43	$	.29	$	.52	$	.57
Discontinued operations		.03		(.28)		.03		(.28)
Earnings per share - diluted	$	.46	$	.01	$	.55	$	.29

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