EX-11 2 dex11.htm COMPUTATION OF EARNINGS PER SHARE Computation of Earnings Per Share

Exhibit 11

ALLIN CORPORATION

CALCULATION OF NET INCOME PER COMMON SHARE

(Dollars in thousands, except per share data)

 

     Three Months
Ended
March 31,
2005		     Three Months
Ended
March 31,
2006

Net (loss) income

    $ (174 )   $ 365

Accretion and dividends on preferred stock

      187       280
              

Net (loss) income attributable to common shareholders

    $ (361 )   $ 85
              

(Loss) earnings per common share - basic and diluted

    $ (0.05 )   $ 0.01
              

Weighted average shares outstanding during the period - basic

      6,967,339       7,467,339
              

Weighted average shares outstanding during the period

      6,967,339       7,467,339

Effect of convertible preferred stock

      —         4,285,714

Effect of options

      —         180,286
              

Weighted average number of shares outstanding during the period - diluted

      6,967,339       11,933,339
              

 

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