EX-11 2 0002.txt CALCULATION OF EARNINGS PER SHARE EXHIBIT 11 BRISTOL RETAIL SOLUTIONS, INC. Computation of Loss per Share
Nine Months Ended September 30, 2000 1999 ------------ ------------ BASIC LOSS PER SHARE Net loss $(3,880,682) $ (452,913) Accretion related to Series C Convertible Preferred Stock (354,056) (52,500) Cumulative dividends for Preferred Stock (96,970) (12,500) ------------ ------------ Net loss applicable to common stockholders $(4,331,708) $ (517,913) ============ ============ Weighted average number of common shares outstanding during the period 7,498,678 6,939,532 ============ ============ Basic loss to common stockholders per share $ (0.58) $ (0.07) ============ ============ DILUTED LOSS PER SHARE Net loss (3,880,682) $ (452,913) Accretion related to Series C Convertible Preferred Stock (354,056) (52,500) Cumulative dividends for Preferred Stock (96,970) (12,500) ------------ ------------ Net loss applicable to common stockholders $(4,331,708) $ (517,913) ============ ============ Weighted average number of common shares outstanding during the period 7,498,678 6,939,532 Effect of stock options, warrants and convertible preferred stock treated as common stock equivalents under the treasury stock method -- -- ------------ ------------ Total shares 7,498,678 6,939,532 ============ ============ Diluted loss to common stockholders per share $ (0.58) $ (0.07) ============ ============