ESTERLINE TECHNOLOGIES CORP - FORM 10-K - EX-11.1 - SCHEDULE SETTING FORTH COMPUTATION OF EARNINGS PER SHARE - December 22, 2009

Attached files

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10-K - FORM 10-K - ESTERLINE TECHNOLOGIES CORPd10k.htm
EX-10.14 - LEASE AMENDMENTS - ESTERLINE TECHNOLOGIES CORPdex1014.htm
EX-32.2 - CERTIFICATION OF ROBERT D. GEORGE - ESTERLINE TECHNOLOGIES CORPdex322.htm
EX-21.1 - LIST OF SUBSIDIARIES - ESTERLINE TECHNOLOGIES CORPdex211.htm
EX-32.1 - CERTIFICATION OF R. BRADLEY LAWRENCE - ESTERLINE TECHNOLOGIES CORPdex321.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER - ESTERLINE TECHNOLOGIES CORPdex312.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER - ESTERLINE TECHNOLOGIES CORPdex311.htm
EX-12.1 - STATEMENT OF COMPUTATION OF RATIO OF EARNINGS - ESTERLINE TECHNOLOGIES CORPdex121.htm
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - ESTERLINE TECHNOLOGIES CORPdex231.htm

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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