EX-11 2 0002.txt EXHIBIT 11.1 Exhibit 11.1 WIRELESS TELECOM GROUP, INC. COMPUTATION OF PER SHARE EARNINGS (UNAUDITED)
For the Three Months For the Nine Months Ended September 30, Ended September 30, 2000 1999 2000 1999 ---- ---- ---- ---- Income from continuing operations $ 543,320 $ 95,422 $ 1,397,820 $ 1,356,520 Income (loss) from discontinued operations and gain on sale of test equipment business net of income tax -- (16,934) -- 3,578,737 ----------- ----------- ----------- ----------- Net Income $ 543,320 $ 78,488 $ 1,397,820 $ 4,935,257 =========== =========== =========== =========== BASIC EARNINGS: Weighted average number of common shares Outstanding 19,189,807 19,059,701 19,148,964 19,301,834 =========== =========== =========== =========== Basic earnings per common share: Continuing $0.03 $0.00 $0.07 $0.07 Discontinued operations 0.00 0.00 0.00 0.19 ----- ----- ----- ----- $0.03 $0.00 $0.07 $0.26 ===== ===== ===== ===== DILUTED EARNINGS: Weighted average number of common shares Outstanding 19,189,807 19,059,701 19,148,964 19,301,834 Stock options 413,450 84,401 622,501 67,385 ----------- ----------- ----------- ----------- Weighted average number of common shares outstanding, as adjusted 19,603,257 19,144,102 19,771,465 19,369,219 =========== =========== =========== =========== Diluted earnings per common share: Continuing $0.03 $0.00 $0.07 $0.07 Discontinued Operations 0.00 0.00 0.00 0.18 ----- ----- ----- ----- $0.03 $0.00 $0.07 $0.25 ===== ===== ===== =====