Attached files

file filename
10-Q/A - FORM 10-Q (AMENDMENT NO. 1) - Brooklyn Federal Bancorp, Inc.t71009_10qa.htm
EX-31.1 - EXHIBIT 31.1 - Brooklyn Federal Bancorp, Inc.ex31-1.htm
EX-31.2 - EXHIBIT 31.2 - Brooklyn Federal Bancorp, Inc.ex31-2.htm
EX-32.1 - EXHIBIT 32.1 - Brooklyn Federal Bancorp, Inc.ex32-1.htm
EX-32.2 - EXHIBIT 32.2 - Brooklyn Federal Bancorp, Inc.ex32-2.htm

EXHIBIT 11

COMPUTATION OF EARNINGS PER SHARE
(Dollars in thousands, except share amounts)
(Unaudited)

 
   
Three Months Ended
 
   
December 31, 2009
   
December 31, 2008
 
   
(Restated)
       
Net Income
  $ (5,086 )   $ 975  
Weighted average common shares outstanding for computation of basic EPS
    12,613,083       12,685,436  
Dilutive common-equivalent shares
    8,403       20,527  
Weighted average common shares for computation of diluted EPS
    12,621,486       12,705,963  
                 
Earnings per common share:
               
Basic
  $ (0.40 )   $ 0.08  
Diluted
  $ (0.40 )   $ 0.08  

At December 31, 2009 and 2008, there were 620,525 and 255,525 options outstanding, respectively, that were not included in diluted earnings per share, as the shares were anti-dilutive.