EX-11.0 4 b45659biexv11w0.txt CALCULATION OF NET INCOME PER SHARE EXHIBIT 11.0 BTU INTERNATIONAL, INC. CALCULATION OF NET INCOME PER COMMON SHARE (Dollars in Thousands, except per share data)
FOR THE YEAR ENDED DECEMBER 31, ------------------------------- 2002 2001 2000 ---- ---- ---- Net (loss) income ............................ $ (7,072) $ (3,747) $ 5,422 Net (loss) income applicable to common stockholders ........................ $ (7,072) $ (3,747) $ 5,422 =========== =========== ========== Weighted average number of shares outstanding: Basic Shares .............................. 6,886,240 6,928,054 6,875,793 Effect of Dilutive Options ................ 0 0 402,107 ----------- ----------- ---------- Diluted Shares ............................ 6,886,240 6,928,054 7,277,900 =========== =========== ========== Earnings (loss) Per Share: Basic ..................................... $ (1.03) $ (0.54) $ 0.79 ----------- ----------- ---------- Diluted ................................... $ (1.03) $ (0.54) $ 0.74 ----------- ----------- ----------
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