EX-11 2 ex-11.txt EXHIBIT 11 Ballantyne of Omaha, Inc. and Subsidiaries Computation of Net Income Per Share of Common Stock Three and Six Months Ended June 30, 2000 and 1999
Three Months Ended Six Months Ended June 30 June 30 ------- ------- 2000 1999 2000 1999 ---- ---- ---- ---- BASIC NET INCOME (LOSS) Income (loss) applicable to common stock $ (669,963) $ 1,823,192 $ (1,478,902) $ 3,659,744 Weighted average common Shares outstanding 12,461,187 12,644,264 12,460,255 12,647,681 ---------- ---------- ---------- ---------- Basic net income (loss) per share $ (0.05) $ 0.14 $ (0.12) $ 0.29 ========== ========== =========== ========== DILUTED NET INCOME (LOSS) Net income (loss) applicable to Common stock $ (669,963) $ 1,823,192 $ (1,478,902) $ 3,659,744 Weighted average common Shares outstanding 12,461,187 12,644,264 12,460,255 12,647,681 Assuming conversion of Options outstanding* - 574,448 - 620,880 ---------- ---------- ---------- ---------- Weighted average common Shares outstanding, as adjusted 12,461,187 13,218,712 12,460,255 13,268,561 ---------- ---------- ---------- ---------- Diluted net income (loss) per share $ (0.05) $ 0.14 $ (0.12) $ 0.28 ========== ========== =========== ==========
*Excludes impact of stock options of 4,592 and 303,358 for the three and six months ended June 30, 2000 because inclusion thereof would be anti-dilutive.