EX-11 3 a77922ex11.txt EXHIBIT 11 EXHIBIT 11 SCHEDULE OF COMPUTATION OF NET INCOME PER SHARE
Three Months Ended Nine Months Ended October 31, October 31, ---------------------------- ---------------------------- 2001 2000 2001 2000 ----------- ----------- ----------- ----------- BASIC: Net income from continuing operations $ 1,010,000 $ 1,643,000 $ 3,631,000 $ 2,981,000 Weighted average shares outstanding 7,002,000 6,831,000 7,040,000 6,677,000 ----------- ----------- ----------- ----------- Basic income per share from continuing operations $ 0.14 $ 0.24 $ 0.52 $ 0.45 =========== =========== =========== =========== Net income (loss) from discontinued operations $ -- $ (121,000) $ -- $ 378,000 Weighted average shares outstanding 7,002,000 6,831,000 7,040,000 6,677,000 ----------- ----------- ----------- ----------- Basic income (loss) per share from discontinued operations $ -- $ (0.02) $ -- $ 0.05 =========== =========== =========== =========== Net income $ 1,010,000 $ 1,522,000 $ 3,631,000 $ 3,359,000 Weighted average shares outstanding 7,002,000 6,831,000 7,040,000 6,677,000 ----------- ----------- ----------- ----------- Basic income per share $ 0.14 $ 0.22 $ 0.52 $ 0.50 =========== =========== =========== ===========
1 SCHEDULE OF COMPUTATION OF NET INCOME PER SHARE
Three Months Ended Nine Months Ended October 31, October 31, ----------------------------- ----------------------------- 2001 2000 2001 2000 ----------- ----------- ----------- ----------- DILUTED: Net income from continuing operations $ 1,010,000 $ 1,643,000 $ 3,631,000 $ 2,981,000 Effect of subsidiary options (44,000) (95,000) (178,000) (211,000) ----------- ----------- ----------- ----------- Net income used in calculation of diluted income per share from continuing operations $ 966,000 $ 1,548,000 $ 3,453,000 $ 2,770,000 =========== =========== =========== =========== Weighted average shares outstanding 7,002,000 6,831,000 7,040,000 6,677,000 Effect of dilutive securities -- stock options 86,000 220,000 96,000 293,000 ----------- ----------- ----------- ----------- Weighted average shares used in calculation of diluted income per share from continuing operations 7,088,000 7,051,000 7,136,000 6,970,000 =========== =========== =========== =========== Diluted income per share from continuing operations $ 0.14 $ 0.22 $ 0.48 $ 0.40 =========== =========== =========== =========== Net income (loss) from discontinued operations $ -- $ (121,000) $ -- $ 378,000 Effect of subsidiary options -- -- -- -- ----------- ----------- ----------- ----------- Net income (loss) used in calculation of diluted income per share from discontinued operations $ -- $ (121,000) $ -- $ 378,000 =========== =========== =========== =========== Weighted average shares outstanding 7,002,000 6,831,000 7,040,000 6,677,000 Effect of dilutive securities -- stock options 86,000 220,000 96,000 293,000 ----------- ----------- ----------- ----------- Weighted average shares used in calculation of diluted income per share from discontinued operations 7,088,000 7,051,000 7,136,000 6,970,000 =========== =========== =========== =========== Diluted income (loss) per share from discontinued operations $ -- $ (0.02) $ -- $ 0.05 =========== =========== =========== ===========
2 SCHEDULE OF COMPUTATION OF NET INCOME PER SHARE
Three Months Ended Nine Months Ended October 31, October 31, ----------------------------- ----------------------------- 2001 2000 2001 2000 ----------- ----------- ----------- ----------- Net income $ 1,010,000 $ 1,522,000 $ 3,631,000 $ 3,359,000 Effect of subsidiary options (44,000) (95,000) (178,000) (211,000) ----------- ----------- ----------- ----------- Net income used in calculation of diluted income per share $ 966,000 $ 1,427,000 $ 3,453,000 $ 3,148,000 =========== =========== =========== =========== Weighted average shares outstanding 7,002,000 6,831,000 7,040,000 6,677,000 Effect of dilutive securities -- stock options 86,000 220,000 96,000 293,000 ----------- ----------- ----------- ----------- Weighted average shares used in calculation of diluted income per share 7,088,000 7,051,000 7,136,000 6,970,000 =========== =========== =========== =========== Diluted income per share $ 0.14 $ 0.20 $ 0.48 $ 0.45 =========== =========== =========== ===========
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