EX-11.1 5 l00132aexv11w1.txt EXHIBIT 11.1 . . . Exhibit 11.1 LANVISION SYSTEMS, INC. STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
Fiscal Year --------------------------------------------- 2002 2001 2000 ----------- ----------- ----------- Net earnings $ 1,012,013 $ 210,360 $ 20,893 =========== =========== =========== Average shares outstanding 8,933,931 8,889,586 8,862,974 Stock options: Total options 456,826 294,874 123,619 Assumed treasury stock buyback (193,238) (110,740) (81,519) Warrants assumed converted -- -- -- Convertible redeemable preferred stock assumed converted -- -- -- ----------- ----------- ----------- Number of shares used in per common share computation 9,197,519 9,073,720 8,905,074 =========== =========== =========== Basic net earning per share of common Stock $ .11 $ .02 $ .00 =========== =========== =========== Diluted net earnings per share of common stock $ .11 $ .02 $ .00 =========== =========== ===========