Attached files

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EXCEL - IDEA: XBRL DOCUMENT - CRAWFORD UNITED CorpFinancial_Report.xls
EX-23 - EXHIBIT 23 - CRAWFORD UNITED Corpex23.htm
EX-14 - EXHIBIT 14 - CRAWFORD UNITED Corpex14.htm
EX-21 - EXHIBIT 21 - CRAWFORD UNITED Corpex21.htm
EX-31 - EXHIBIT 31.1 - CRAWFORD UNITED Corpex311.htm
EX-31 - EXHIBIT 31.2 - CRAWFORD UNITED Corpex312.htm
EX-32 - EXHIBIT 32.1 - CRAWFORD UNITED Corpex321.htm
EX-32 - EXHIBIT 32.2 - CRAWFORD UNITED Corpex322.htm
10-K - 10-K 9-30-11 YEAR END - CRAWFORD UNITED Corpr10kfy11.htm
Exhibit 11


HICKOK INCORPORATED
CONSOLIDATED STATEMENT OF COMPUTATION OF EARNINGS
PER COMMON SHARE AND SHARE EQUIVALENTS



Years Ended September 30,
2011
2010
2009




NET INCOME



Net loss applicable to common shares for basic earnings per share
$(672,535)
$(949,496)
$(3,674,253)




Net loss applicable to common shares for diluted earnings per share
$(672,535)
$(949,496)
$(3,674,253)












SHARES OUTSTANDING



Weighted average shares for basic earnings per share
1,248,095
1,248,095
1,248,095




Net effect of dilutive stock options - based on the treasury stock method using year-end market price, if higher than average market price
       -*
       -*
       -*




Total shares for diluted earnings per share
1,248,095
1,248,095
1,248,095








Basic Earnings Per Common Share
$(.54)
$(.76)
$(2.94)








Diluted Earnings Per Common Share
$(.54)
$(.76)
$(2.94)








* Net effect of stock options was antidilutive for the period.