Exhibit 11.1

ESTERLINE TECHNOLOGIES CORPORATION

(In thousands, except per share amounts)

Computation of Earnings Per Share – Basic

	2009		2008		2007		2006		2005
Income From Continuing Operations	$	107,196	$	113,509	$	87,762	$	53,611	$	47,403
Income From Discontinued Operations, Net of Tax		12,602		7,024		4,522		2,004		10,623
Net Earnings	$	119,798	$	120,533	$	92,284	$	55,615	$	58,026
Weighted Average Number of Shares Outstanding – Basic		29,717		29,507		25,824		25,413		24,927
Earnings Per Share – Basic:
Continuing operations	$	3.61	$	3.85	$	3.40	$	2.11	$	1.90
Discontinued operations		.42		.23		.17		.08		.43
Earnings Per Share – Basic	$	4.03	$	4.08	$	3.57	$	2.19	$	2.33

ESTERLINE TECHNOLOGIES CORPORATION

(In thousands, except per share amounts)

Computation of Earnings Per Share – Diluted

	2009		2008		2007		2006		2005
Income From Continuing Operations	$	107,196	$	113,509	$	87,762	$	53,611	$	47,403
Income From Discontinued Operations, Net of Tax		12,602		7,024		4,522		2,004		10,623
Net Earnings	$	119,798	$	120,533	$	92,284	$	55,615	$	58,026
Weighted Average Number of Shares Outstanding		29,717		29,507		25,824		25,413		24,927
Net Shares Assumed to be Issued for Stock Options		234		401		428		405		375
Weighted Average Number of Shares and Equivalent Shares Outstanding – Diluted		29,951		29,908		26,252		25,818		25,302
Earnings Per Share – Diluted:
Continuing operations	$	3.58	$	3.80	$	3.34	$	2.08	$	1.87
Discontinued operations		.42		.23		.18		.07		.42
Earnings Per Share – Diluted	$	4.00	$	4.03	$	3.52	$	2.15	$	2.29

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