EX-11 3 a03-1047_1ex11.htm EX-11

Exhibit 11

 

CREATIVE COMPUTER APPLICATIONS, INC.

 

COMPUTATION OF EARNINGS PER COMMON SHARE

 

 

 

Nine Months Ended
May 31,

 

Three Months Ended
May 31,

 

 

 

2003

 

2002

 

2003

 

2002

 

 

 

 

 

 

 

 

 

 

 

AVERAGE MARKET PRICE PER SHARE

 

$

1.45

 

$

0.86

 

$

1.56

 

$

1.12

 

 

 

 

 

 

 

 

 

 

 

NET INCOME

 

$

131,593

 

$

207,020

 

$

66,747

 

$

118,369

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average number of common shares outstanding

 

3,285,844

 

3,235,622

 

3,318,900

 

3,251,483

 

 

 

 

 

 

 

 

 

 

 

Diluted effect of stock options

 

208,197

 

9,486

 

240,435

 

116,583

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average number of common shares outstanding

 

3,494,041

 

3,245,108

 

3,559,335

 

3,368,066

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.04

 

$

0.06

 

$

0.02

 

$

0.04

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

0.04

 

$

0.06

 

$

0.02

 

$

0.04

 

 

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