Exhibit 11.1

ESTERLINE TECHNOLOGIES CORPORATION

(In thousands, except per share amounts)



Computation of Earnings (Loss) Per Share  Basic





|                                                       |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|------------------------------------------------------ |  | ---- | ------ | ---- | - | ------ |  | ---- | ------ | ---- | - | ------ |  | - | ------ | -
|                                                       |  | 2007 |        | 2006 |   | 2005   |  | 2004 |        | 2003 |  
|                                                       |  |      |        |      |  
|Income From Continuing Operations                      |  | $    | 92,284 |      | $ | 55,615 |  | $    | 51,034 |      | $ | 29,375 |  | $ | 28,147 |  
|Income (Loss) From Discontinued Operations, Net of Tax |  |      |       |      |   |       |  |      | 6,992  |      |   | 10,208 |  |   | (5,312 | )
|                                                       |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|                                                       |  |      |        |      |  
|Net Earnings                                           |  | $    | 92,284 |      | $ | 55,615 |  | $    | 58,026 |      | $ | 39,583 |  | $ | 22,835 |  
|                                                       |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|                                                       |  |      |        |      |  
|Weighted Average Number of Shares Outstanding  Basic  |  |      | 25,824 |      |   | 25,413 |  |      | 24,927 |      |   | 21,195 |  |   | 20,900 |  
|                                                       |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|                                                       |  |      |        |      |  
|Earnings (Loss) Per Share  Basic:                     |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|Continuing operations                                  |  | $    | 3.57   |      | $ | 2.19   |  | $    | 2.05   |      | $ | 1.39   |  | $ | 1.35   |  
|Discontinued operations                                |  |      |       |      |   |       |  |      | .28    |      |   | .48    |  |   | (.26   | )
|                                                       |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|                                                       |  |      |        |      |  
|Earnings Per Share  Basic                             |  | $    | 3.57   |      | $ | 2.19   |  | $    | 2.33   |      | $ | 1.87   |  | $ | 1.09   |  
|                                                       |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  



1



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ESTERLINE TECHNOLOGIES CORPORATION

(In thousands, except per share amounts)



Computation of Earnings (Loss) Per Share  Diluted





|                                                                              |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|----------------------------------------------------------------------------- |  | ---- | ------ | ---- | - | ------ |  | ---- | ------ | ---- | - | ------ |  | - | ------ | -
|                                                                              |  | 2007 |        | 2006 |   | 2005   |  | 2004 |        | 2003 |  
|                                                                              |  |      |        |      |  
|Income From Continuing Operations                                             |  | $    | 92,284 |      | $ | 55,615 |  | $    | 51,034 |      | $ | 29,375 |  | $ | 28,147 |  
|Income (Loss) From Discontinued Operations, Net of Tax                        |  |      |       |      |   |       |  |      | 6,992  |      |   | 10,208 |  |   | (5,312 | )
|                                                                              |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|                                                                              |  |      |        |      |  
|Net Earnings                                                                  |  | $    | 92,284 |      | $ | 55,615 |  | $    | 58,026 |      | $ | 39,583 |  | $ | 22,835 |  
|                                                                              |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|                                                                              |  |      |        |      |  
|Weighted Average Number of Shares Outstanding                                 |  |      | 25,824 |      |   | 25,413 |  |      | 24,927 |      |   | 21,195 |  |   | 20,900 |  
|                                                                              |  |      |        |      |  
|Net Shares Assumed to be Issued for Stock Options                             |  |      | 428    |      |   | 405    |  |      | 375    |      |   | 344    |  |   | 205    |  
|                                                                              |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|                                                                              |  |      |        |      |  
|Weighted Average Number of Shares and Equivalent Shares Outstanding  Diluted |  |      | 26,252 |      |   | 25,818 |  |      | 25,302 |      |   | 21,539 |  |   | 21,105 |  
|                                                                              |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|                                                                              |  |      |        |      |  
|Earnings (Loss) Per Share  Diluted:                                          |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|                                                                              |  |      |        |      |  
|Continuing operations                                                         |  | $    | 3.52   |      | $ | 2.15   |  | $    | 2.02   |      | $ | 1.37   |  | $ | 1.33   |  
|Discontinued operations                                                       |  |      |       |      |   |       |  |      | .27    |      |   | .47    |  |   | (.25   | )
|                                                                              |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|                                                                              |  |      |        |      |  
|Earnings Per Share  Diluted                                                  |  | $    | 3.52   |      | $ | 2.15   |  | $    | 2.29   |      | $ | 1.84   |  | $ | 1.08   |  
|                                                                              |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|                                                                              |  |      |        |      |  
|Earnings Per Share  Basic                                                    |  | $    | 3.57   |      | $ | 2.19   |  | $    | 2.33   |      | $ | 1.87   |  | $ | 1.09   |  
|                                                                              |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  
|                                                                              |  |      |        |      |  
|Dilutive Effect Per Share                                                     |  | $    | .05    |      | $ | .04    |  | $    | .04    |      | $ | .03    |  | $ | .01    |  
|                                                                              |  |      |        |      |   |        |  |      |        |      |   |        |  |   |        |  



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