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EXCEL - IDEA: XBRL DOCUMENT - CRAWFORD UNITED CorpFinancial_Report.xls
EX-23 - EXHIBIT 23 - CRAWFORD UNITED Corpex23.htm
EX-21 - EXHIBIT 21 - CRAWFORD UNITED Corpex21.htm
EX-14 - EXHIBIT 14 - CRAWFORD UNITED Corpex14.htm
EX-32 - EXHIBIT 32.2 - CRAWFORD UNITED Corpex322.htm
EX-32 - EXHIBIT 32.1 - CRAWFORD UNITED Corpex321.htm
EX-31 - EXHIBIT 31.2 - CRAWFORD UNITED Corpex312.htm
EX-31 - EXHIBIT 31.1 - CRAWFORD UNITED Corpex311.htm
EX-10 - EXHIBIT 10(A) - CRAWFORD UNITED Corpex10-a-rndball-note-apr-9.htm
EX-10 - EXHIBIT 10(B) - CRAWFORD UNITED Corpex10-b-rndball-note-may-2.htm
10-K - FORM 10-K YEAR END 9-30-2014 - CRAWFORD UNITED Corpr10kfy14.htm
Exhibit 11


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



Years Ended September 30,
2014
2013
2012




NET INCOME



Net income (loss) applicable to common shares for basic earnings per share
$8,376
$138,805
$(783,966)




Net Income (loss) applicable to common shares for diluted earnings per share
$8,376
$138,805
$(783,966)












SHARES OUTSTANDING



Weighted average shares for basic earnings per share
1,638,215
1,610,571
1,372,812




Net effect of dilutive options available under convertible note - based on the treasury stock method using year-end market price, if higher than average market price
    31,097
   23,505
       -*




Total shares for diluted earnings per share
1,669,312
1,634,076
1,372,812








Basic Earnings Per Common Share
$.01
$.09
$(.57)








Diluted Earnings Per Common Share
$.01
$.08
$(.57)








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