EX-11 4 dex11.htm SCHEDULE SETTING FORTH COMPUTATIONS OF BASIC AND DILUTED EARNINGS Schedule Setting forth Computations of Basic and Diluted Earnings

EXHIBIT 11

ESTERLINE TECHNOLOGIES CORPORATION

Computation of Basic and Diluted Earnings Per Common Share

For the Three Month Periods Ended February 1, 2008 and January 26, 2007

(Unaudited)

(In thousands, except per share amounts)

 

     Three Months Ended
     February 1,
2008		    January 26,
2007

Net Sales

    $ 372,429    $ 257,244

Gross Margin

      120,042      74,569

Net Earnings

    $ 30,984    $ 12,801
             

Basic

      

Weighted Average Number of Shares Outstanding

      29,386      25,529
             

Earnings Per Share – Basic

    $ 1.05    $ .50
             

Diluted

      

Weighted Average Number of Shares Outstanding

      29,386      25,529

Net Shares Assumed to be Issued for Stock Options

      425      401
             

Weighted Average Number of Shares and Equivalent Shares Outstanding – Diluted

      29,811      25,930
             

Earnings Per Share – Diluted

    $ 1.04    $ .49