EX-11 3 presto073485_ex11.htm STATEMENT RE COMPUTATION OF PER SHARE EARNINGS National Presto Industries, Inc. Exhibit 11

EXHIBIT 11

 

STATEMENT RE COMPUTATION OF PER SHARE EARNINGS

 


The following presents the computation of per share earnings reflecting the assumption that dilutive stock options are exercised.

 

 

 

 

(IN THOUSANDS EXCEPT PER SHARE DATA)

 

 

 

2005

 

2004

 

2003

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (1)

 

$

16,417

 

$

15,441

 

$

15,477

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (2)

 

 

6,826

 

 

6,821

 

 

6,820

 

 

 

 

 

 

 

 

 

 

 

 

Common share equivalents relating to stock options

 

 

1

 

 

2

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted common and common equivalent shares for computation (3)

 

 

6,827

 

 

6,823

 

 

6,821

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per share:

 

 

 

 

 

 

 

 

 

 

Basic (1/2)

 

$

2.41

 

$

2.26

 

$

2.27

 

Diluted (1/3)

 

$

2.40

 

$

2.26

 

$

2.27