EX-11.1 2 a08-11224_1ex11d1.htm EX-11.1

Exhibit 11.1

 

ALDILA, INC. AND SUBSIDIARIES

COMPUTATION OF NET INCOME PER COMMON SHARE - UNAUDITED

(In thousands, except per share amounts)

 

 

 

Three months ended

 

 

 

March 31,

 

 

 

2008

 

2007

 

 

 

 

 

 

 

BASIC:

 

 

 

 

 

Net income

 

$

458

 

$

2,695

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

5,155

 

5,525

 

 

 

 

 

 

 

Net income per common share

 

$

0.09

 

$

0.49

 

 

 

 

 

 

 

ASSUMING DILUTION:

 

 

 

 

 

Net income

 

$

458

 

$

2,695

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

5,155

 

5,525

 

 

 

 

 

 

 

The number of shares resulting from the assumed exercise of stock options reduced by the number of shares which could have been purchased with the proceeds from such exercise, using the average market price during the period

 

39

 

63

 

 

 

 

 

 

 

Weighted average number of common and common equivalent shares

 

5,194

 

5,588

 

 

 

 

 

 

 

Net income per common share, assuming dilution

 

$

0.09

 

$

0.48