Exhibit 11.1
ESTERLINE TECHNOLOGIES CORPORATION
(In thousands, except per share amounts)
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Eleven |
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Months |
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Twelve Months Ended |
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Ended |
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2017 |
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2016 |
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2015 |
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2014 |
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2013 |
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2015 |
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(Unaudited) (Recast) |
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Computation of Earnings Per Share - Basic |
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Weighted Average Number of Shares Outstanding |
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29,767 |
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29,490 |
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30,729 |
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31,840 |
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31,173 |
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30,729 |
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Earnings (Loss) Per Share Attributable to Esterline - Basic: |
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Continuing Operations |
$ |
4.19 |
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$ |
3.97 |
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$ |
4.16 |
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$ |
5.19 |
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$ |
5.42 |
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$ |
3.15 |
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Discontinued Operations |
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(0.25 |
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(0.52 |
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(1.31 |
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(1.97 |
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(0.14 |
) |
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(1.21 |
) |
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Earnings (Loss) Per Share - Basic |
$ |
3.94 |
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$ |
3.45 |
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$ |
2.85 |
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$ |
3.22 |
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$ |
5.28 |
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$ |
1.94 |
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Computation of Earnings Per Share - Diluted |
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Weighted Average Number of Shares Outstanding |
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29,767 |
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29,490 |
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30,729 |
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31,840 |
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31,173 |
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30,729 |
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Net Shares Assumed to be Issued for Stock Options and RSUs |
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236 |
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274 |
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486 |
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608 |
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565 |
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486 |
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Weighted Average Number of Shares and Equivalent Shares Outstanding - Diluted |
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30,003 |
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29,764 |
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31,215 |
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32,448 |
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31,738 |
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31,215 |
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Earnings (Loss) Per Share Attributable to Esterline - Diluted: |
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Continuing Operations |
$ |
4.15 |
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$ |
3.93 |
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$ |
4.10 |
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$ |
5.09 |
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$ |
5.33 |
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$ |
3.10 |
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Discontinued Operations |
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(0.24 |
) |
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(0.51 |
) |
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(1.29 |
) |
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(1.93 |
) |
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(0.14 |
) |
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(1.19 |
) |
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Earnings (Loss) Per Share - Diluted |
$ |
3.91 |
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$ |
3.42 |
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$ |
2.81 |
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$ |
3.16 |
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$ |
5.19 |
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$ |
1.91 |
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