Exhibit 11.1
COMPETITIVE TECHNOLOGIES, INC.
Schedule of Computation of Earnings Per Share
(Unaudited)
Year ended July 31,
2000 1999 1998
Net income (loss) applicable to
common stock:
Basic and diluted $ 1,300,937 $ 2,919,384 $(1,235,489)
Weighted average common shares
outstanding 6,079,211 5,982,112 5,969,434
Adjustments for assumed
exercise of:
Stock options 106,022 27,589 38,571*
Stock warrants 2,174 -- 3,501*
Weighted average number of common
shares outstanding and dilutive
securities 6,187,407 6,009,701 6,011,506
Net income (loss) per share
of common stock:
Basic and diluted $ 0.21 $ 0.49 $ (0.21)
* Anti-dilutive.
These calculations are submitted in accordance with Regulation S-K item 601
(b) (11) which differ from the requirements of paragraph 13 of Statement of
Financial Accounting Standards No. 128 because they produce an
anti-dilutive result.
