EX-11 2 presto082117_ex11.htm COMPUTATION OF EARNINGS PER SHARE Exhibit 11 to National Presto Industries, Inc. Form 10-Q for period ended March 30, 2008

Exhibit 11

 

National Presto Industries, Inc.

 

(IN THOUSANDS EXCEPT PER SHARE DATA)

 

 

 

First Quarter

 

 

 

2008

 

2007

 

Net Earnings (1)

 

$

6,250

 

$

5,021

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (2)

 

 

6,840

 

 

6,832

 

 

 

 

 

 

 

 

 

Common share equivalents relating to stock options when dilutive

 

 

—

 

 

—

 

 

 

 

 

 

 

 

 

Adjusted common and common equivalent shares for computation (3)

 

 

6,840

 

 

6,832

 

 

 

 

 

 

 

 

 

Net earnings per share:

 

 

 

 

 

 

 

Basic (1 divided by 2)

 

$

0.91

 

$

0.73

 

Diluted (1 divided by 3)

 

$

0.91

 

$

0.73