EX-11.S 2 ex11-s.txt COMPUTATION OF DILUTED EARNINGS EXHIBIT 11S DECORATOR INDUSTRIES, INC. COMPUTATION OF DILUTED EARNINGS PER SHARE OF COMMON STOCK FOR THE FIVE FISCAL YEARS ENDED DECEMBER 30, 2006
2006 2005 2004 2003 2002 ---------- ---------- ---------- ---------- ---------- Net income $ 405,393 $1,364,814 $1,394,698 $1,561,778 $1,384,379 ========== ========== ========== ========== ========== Average number of common shares outstanding 2,982,735 2,882,196 2,816,661 2,794,286 2,793,781 Dilutive effect of stock options on net income 53,753 116,402 150,126 33,316 36,526 ---------- ---------- ---------- ---------- ---------- Diluted weighted average shares used in the calculation of diluted earnings per share 3,036,488 2,998,598 2,966,787 2,827,602 2,830,307 ========== ========== ========== ========== ========== Diluted earnings per share $ 0.13 $ 0.46 $ 0.47 $ 0.55 $ 0.49 ========== ========== ========== ========== ==========