EX-11 4 l94710aexv11.txt EXHIBIT 11 Exhibit 11 LANVISION SYSTEMS, INC. COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE Three Months Ended April 30, --------------------------- 2002 2001 ----------- ----------- Net income $ 98,269 $ 101,541 =========== =========== Average shares outstanding 8,913,947 8,879,241 Stock options: Total options 492,722 133,268 Assumed treasury stock buyback (173,862) (42,590) Warrants assumed converted -- -- Convertible redeemable preferred stock assumed converted -- -- ----------- ----------- Number of shares used in per common share computation 9,232,807 8,969,919 =========== =========== Basic net income per share of common stock $ 0.01 $ 0.01 =========== =========== Diluted net income per share of common stock $ 0.01 $ 0.01 =========== ===========