EX-11 3 j9420_ex11.htm EX-11

Exhibit 11

 

CREATIVE COMPUTER APPLICATIONS, INC.

 

COMPUTATION OF EARNINGS PER COMMON SHARE

 

 

 

Six Months Ended
February 28,

 

Three Months Ended
February 28,

 

 

 

2003

 

2002

 

2003

 

2002

 

 

 

 

 

 

 

 

 

 

 

AVERAGE MARKET PRICE PER SHARE

 

$

1.39

 

$

0.72

 

$

1.67

 

$

0.86

 

 

 

 

 

 

 

 

 

 

 

NET INCOME

 

$

64,846

 

$

88,651

 

$

16,863

 

$

58,674

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average number of common shares outstanding

 

3,269,317

 

3,227,692

 

3,272,233

 

3,231,025

 

 

 

 

 

 

 

 

 

 

 

Diluted effect of stock options

 

192,078

 

—

 

268,070

 

—

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average number of common shares outstanding

 

3,461,395

 

3,227,692

 

3,540,303

 

3,231,025

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.02

 

$

0.03

 

$

0.01

 

$

0.02

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

0.02

 

$

0.03

 

$

0.01

 

$

0.02