EX-11 3 l96231aexv11.txt EXHIBIT 11 Exhibit 11 LANVISION SYSTEMS, INC. COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE
Three months ended Six months ended ----------------------------- ----------------------------- 2002 2001 2002 2001 ----------- ----------- ----------- ----------- Net income $ 201,632 $ (569,778) $ 299,901 $ (468,237) =========== =========== =========== =========== Average shares outstanding 8,927,966 8,884,534 8,921,073 8,881,931 Stock options: Total options 470,049 - 481,386 - Assumed treasury stock buyback (213,669) - (193,766) - Warrants assumed converted - - - - Convertible redeemable preferred stock assumed converted - - - - ----------- ----------- ----------- ----------- Number of shares used in per common share computation 9,184,346 8,884,534 9,208,693 8,881,931 =========== =========== =========== =========== Basic net income (loss) per share of common stock $ 0.02 $ (0.06) $ 0.03 $ (0.05) =========== =========== =========== =========== Diluted net income (loss) per share of common stock $ 0.02 $ (0.06) $ 0.03 $ (0.05) =========== =========== =========== ===========