EX-11 3 dex11.htm BASIC & DILUTED EARNINGS PER SHARE BASIC & DILUTED EARNINGS PER SHARE
EXHIBIT 11
 
CSP INC. AND SUBSIDIARIES
 
BASIC AND DILUTED EARNINGS (LOSS) PER SHARE COMPUTATION
(Dollars and shares in thousands, except per share amounts)
 
    
Fiscal Years Ended August
    
2002
     
2001
     
2000
Net income (loss) per common share—basic:
                         
Net income (loss)
   
$
(5,663
)
   
$
(2,885
)
   
$
675
Weighted average common shares outstanding
   
 
3,524
 
   
 
3,527
 
   
 
3,572
Net income (loss) per common share—basic
   
$
(1.61
)
   
$
(0.82
)
   
$
0.19
Net income (loss) per common share—diluted:
                         
Net income (loss)
   
$
(5,663
)
   
$
(2,885
)
   
$
675
Weighted average common shares outstanding
   
 
3,524
 
   
 
3,527
 
   
 
3,572
Add: net additional common shares upon exercise of stock options
   
 
—  
 
   
 
—  
 
   
 
91
    
  
  
Weighted average common shares outstanding—dilutive
   
 
3,524
 
   
 
3,527
 
   
 
3,663
Net income (loss) per common share—diluted
   
$
(1.61
)
   
$
(0.82
)
   
$
0.18