EX-11 4 c64255ex11.txt STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS 1 A.S.V., INC. EXHIBIT 11 - COMPUTATION OF EARNINGS PER SHARE
Three Months Ended Six Months Ended June 30, June 30, ---------------------------- ---------------------------- BASIC 2001 2000 2001 2000 ---- ---- ---- ---- Earnings Net earnings $ 90,774 $ 599,308 $ 294,744 $1,016,069 =========== ========== =========== ========== Shares Weighted average number of common shares outstanding 10,210,857 9,698,837 10,210,427 9,693,849 =========== ========== =========== ========== Basic earnings per common share $ .01 $ .06 $ .03 $ .10 =========== ========== =========== ========== DILUTED Earnings Net earnings $ 90,774 $ 599,308 $ 294,744 $1,016,069 =========== ========== =========== ========== Shares Weighted average number of common shares outstanding 10,210,857 9,698,837 10,210,427 9,693,849 Assuming exercise of options and warrants reduced by the number of shares which could have been purchased with the proceeds from the exercise of such options and warrants 126,935 177,030 116,654 221,604 ----------- ---------- ----------- ---------- Weighted average number of common and common equivalent shares outstanding 10,337,792 9,875,867 10,327,081 9,915,453 =========== ========== =========== ========== Diluted earnings per common share $ .01 $ .06 $ .03 $ .10 =========== ========== =========== ==========